New Jersey Resources Corp
NJR: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Q& | LOCK|<JZBq | LOCK|$%Z%X&w |
New Jersey Resources' Diversified Investments Support Long-Term Growth
Business Strategy and Outlook
New Jersey Resources is one of the few US utilities that has committed to investing in a diverse set of energy businesses, including rate-regulated natural gas distribution, gas midstream assets, and renewable energy investments. Management's investments have paid off nicely for investors so far.
