Skip to Content

New Jersey Resources Corp NJR

Rating as of

Morningstar’s Analysis

Valuation
Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

Capital Allocation

PREMIUM

Utilities Well Positioned as Biden Starts Work on Green Agenda

Travis Miller Strategist

Analyst Note

| Travis Miller |

We are reaffirming our fair value estimates, moat ratings, and moat trend ratings for U.S. utilities after President Joe Biden kicked off his environmental policymaking efforts. We consider the sector fairly valued.

Read Full Analysis

Company Profile

Business Description

New Jersey Resources is an energy services holding company with regulated and nonregulated operations. Its regulated utility, New Jersey Natural Gas, delivers natural gas to 560,000 customers in the state. NJR's nonregulated businesses include retail gas supply and solar investments primarily in New Jersey. NJR also is an equity investor and owner in several large midstream gas projects.

Contact
1415 Wyckoff Road
Wall, NJ, 07719
T +1 732 938-1000
Sector Utilities
Industry Utilities - Regulated Gas
Most Recent Earnings Sep 30, 2020
Fiscal Year End Sep 30, 2021
Stock Type High Yield
Employees 1,156

Related