New Jersey Resources Corp

NJR: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$85.00	Hqtsrb	Lbvxdyq

New Jersey Resources Diversifying With Renewable Energy Investments

Travis Miller

Dec 20, 2023

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 businesses such as solar and natural gas midstream are paying off nicely for investors so far.

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