New Jersey Resources Corporation logo NJR - New Jersey Resources Corporation

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| PRICE TARGET: $58.25 DETAILS
HIGH: $63.00
LOW: $54.00
MEDIAN: $58.00
CONSENSUS: $58.25
UPSIDE: 1.71%

About New Jersey Resources Corporation (https://www.njresources.com)

New 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. The Natural Gas Distribution segment offers regulated natural gas utility services to approximately 564,000 residential and commercial customers throughout Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in, owns, and operates commercial and residential solar projects situated in New Jersey, Connecticut, Rhode Island, and New York. The Energy Services segment offers unregulated wholesale energy management services to other energy companies and natural gas producers, as well as maintains and transacts a portfolio of physical assets consisting of natural gas storage and transportation contracts in the United States and Canada. The Storage and Transportation segment invests in natural gas transportation and storage facilities. It provides heating, ventilation, and cooling services; holds commercial real estate properties; and offers solar equipment installation, and plumbing repair and installation services, as well as engages in the water appliance sale, installation, and servicing activities. The company was incorporated in 1981 and is headquartered in Wall, New Jersey.

Key Executives

NAME TITLE DOB SALARY
Stephen D. Westhoven President, Chief Executive Officer & Director 1968 $2,482,479 USD
Patrick J. Migliaccio Senior Vice President & Chief Operating Officer of New Jersey Natural Gas 1974 $929,528 USD
Roberto F. Bel Senior Vice President, Chief Financial Officer & Principal Financial Officer 1973 $843,476 USD
Amy Cradic Senior Vice President and Chief Operating Officer of Non-Utility Businesses, Strategy & External Affairs 1971 $829,625 USD
Richard Reich Senior Vice President & General Counsel 1975 $753,173 USD
Lori DelGiudice Senior Vice President of Human Resources 1976 $577,000 USD
Adam Prior Director of Investor Relations
David Johnson Vice President of Corporate Business Development 1968
Jacqueline K. Shea Senior Vice President & Chief Information Officer 1964
Marissa Brooks Travaline Vice President of Customer Service, Marketing & Energy Efficiency 1984
Mark G. Kahrer Senior Vice President of New Jersey Natural Gas 1963
Stephen Skrocki Chief Risk Officer 1976

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