New Jersey Resources Corp
NJR: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $95.00 | Vfdktz | Tfgkfyvql |
New Jersey Resources Committed to Diversified Business Model
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Business Strategy and Outlook
New Jersey Resources, or NJR, is one of the few U.S. utilities that has committed to maintaining and growing a diverse set of businesses from rate-regulated natural gas distribution to renewable energy investments. Management's investments in nonregulated energy businesses such as solar and natural gas midstream are paying off nicely for investors.