Regulated investment recoveries, new customer additions, and a stronger year of energy services' earnings buoyed New Jersey Resources ', or NJR's, full-year fiscal 2013 results. These positives offset lost margin from Hurricane Sandy's
New Jersey Resources Corporation ( NJR ) declares $0.42/share quarterly dividend , in line with previous. Forward yield 3.74% Payable Jan 2; for shareholders of record Dec. 13; ex-div Dec. 11. Post your comment!
Rising interest rates and inflation are headwinds for utilities, as inflation erodes the value of rate base, higher debt costs hit earnings, and dividend yields are less attractive compared to fixed-income alternatives.Decreased volatility in natural gas prices means lower profits at NJR's
New Jersey Resources NJR reported fiscal third-quarter 2013 earnings adjusted for non-cash items of $0.23 per share, more than double adjusted
We met with New Jersey Resources ' NJR senior management at the American Gas Association Financial Forum in Naples, Fla., to discuss upcoming regulatory filings
We are reaffirming our $39 per share fair value estimate for New Jersey Resources NJR after the company reported improved 2012 adjusted EPS of $2.71, a 5% increase over similarly adjusted EPS of $2.58
suggest investors avoid Piedmont Natural Gas PNY (3.8% yield), Pepco Holdings POM (5.6% yield), and New Jersey Resources NJR (3.4% yield) as possible yield traps.
After reviewing New Jersey Resources ' NJR financials for the third quarter of fiscal 2012, we are reaffirming our $39 fair value estimate. NJR recorded a GAAP loss
We are reaffirming our fair value estimate for New Jersey Resources NJR after our meeting with CFO Glen Lockwood at the American Gas Association Financial Forum May 6 in Scottsdale, Ariz. NJR operates
We are maintaining our fair value estimate for New Jersey Resources NJR after the company announced fourth-quarter and full-year earnings. In the fourth quarter, earnings adjusted for the impact