About New Jersey Resources Corporation
https://www.njresources.comNew Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation.

CEO
Stephen D. Westhoven
Compensation Summary
(Year 2025)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2015-03-04 | Forward | 2:1 |
| 2008-03-04 | Forward | 3:2 |
ETFs Holding This Stock
Summary
Showing Top 3 of 241
Ratings Snapshot
Rating : B
Most Recent Analyst Grades

Mizuho
Outperform

Raymond James
Outperform

JP Morgan
Overweight

Wells Fargo
Equal Weight

Guggenheim
Neutral
Grade Summary
Showing Top 5 of 5
Price Target
Institutional Ownership

BLACKROCK, INC.
Shares:17.71M
Value:$836.28M

BLACKROCK INC.
Shares:16.59M
Value:$783.4M

VANGUARD GROUP INC
Shares:11.02M
Value:$520.36M
Summary
Showing Top 3 of 537
About New Jersey Resources Corporation
https://www.njresources.comNew Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $341.48M ▲ | $0 | $15.07M ▲ | 4.41% ▲ | $0.15 ▲ | $95.46M ▲ |
| Q3-2025 | $323.88M ▼ | $0 | $-15.05M ▼ | -4.65% ▼ | $-0.15 ▼ | $56.98M ▼ |
| Q2-2025 | $876.95M ▲ | $0 | $204.29M ▲ | 23.3% ▼ | $2.04 ▲ | $344.92M ▲ |
| Q1-2025 | $490.99M ▲ | $0 | $131.32M ▲ | 26.75% ▲ | $1.32 ▲ | $246.52M ▲ |
| Q4-2024 | $397.65M | $0 | $91.13M | 22.92% | $0.92 | $200.66M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $9.51M ▼ | $7.58B ▲ | $5.19B ▲ | $2.39B ▼ |
| Q3-2025 | $13.6M ▼ | $7.27B ▲ | $4.85B ▲ | $2.42B ▼ |
| Q2-2025 | $103.6M ▲ | $7.27B ▲ | $4.79B ▼ | $2.48B ▲ |
| Q1-2025 | $24.91M ▲ | $7.19B ▲ | $4.88B ▲ | $2.31B ▲ |
| Q4-2024 | $14.26M | $6.98B | $4.78B | $2.2B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $15.07M ▲ | $81.17M ▲ | $-262.34M ▼ | $180.82M ▲ | $-340K ▲ | $-181.4M ▲ |
| Q3-2025 | $-15.05M ▼ | $-28.9M ▼ | $-153.71M ▼ | $99.91M ▲ | $-82.7M ▼ | $-206.27M ▼ |
| Q2-2025 | $204.29M ▲ | $423.03M ▲ | $-132.95M ▼ | $-207.96M ▼ | $82.13M ▲ | $308.77M ▲ |
| Q1-2025 | $131.32M ▲ | $-8.96M ▼ | $-19.27M ▲ | $29.18M ▼ | $951K ▲ | $-160.82M ▼ |
| Q4-2024 | $91.13M | $64.51M | $-176.49M | $90.45M | $-21.52M | $-111.02M |
Revenue by Products
| Product | Q1-2025 | Q2-2025 | Q3-2025 | Q4-2025 |
|---|---|---|---|---|
Clean Energy Ventures | $30.00M ▲ | $10.00M ▼ | $10.00M ▲ | $70.00M ▲ |
Energy Services | $90.00M ▲ | $250.00M ▲ | $40.00M ▼ | $80.00M ▲ |
Home Services and Other | $20.00M ▲ | $20.00M ▲ | $20.00M ▲ | $20.00M ▲ |
Natural Gas Distribution | $330.00M ▲ | $620.00M ▲ | $200.00M ▼ | $140.00M ▼ |
Storage And Transportation | $30.00M ▲ | $30.00M ▲ | $30.00M ▲ | $30.00M ▲ |

CEO
Stephen D. Westhoven
Compensation Summary
(Year 2025)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2015-03-04 | Forward | 2:1 |
| 2008-03-04 | Forward | 3:2 |
ETFs Holding This Stock
Summary
Showing Top 3 of 241
Ratings Snapshot
Rating : B
Most Recent Analyst Grades

Mizuho
Outperform

Raymond James
Outperform

JP Morgan
Overweight

Wells Fargo
Equal Weight

Guggenheim
Neutral
Grade Summary
Showing Top 5 of 5
Price Target
Institutional Ownership

BLACKROCK, INC.
Shares:17.71M
Value:$836.28M

BLACKROCK INC.
Shares:16.59M
Value:$783.4M

VANGUARD GROUP INC
Shares:11.02M
Value:$520.36M
Summary
Showing Top 3 of 537




