NJR - New Jersey Resources Corp.

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NJR Profile

New Jersey Resources Corporation operates as a diversified energy services holding company, serving a broad spectrum of customers through its regulated gas distribution and retail and wholesale energy services. The company is structured into four key segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment provides regulated natural gas utility services to over 569,300 residential and commercial customers across several counties in New Jersey. It also manages capacity and storage services while participating in off-system sales and capacity release markets.

In the Clean Energy Ventures segment, New Jersey Resources Corporation focuses on investing in, owning, and operating commercial and residential solar installations located in states including 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, managing a portfolio of physical assets such as natural gas transportation and storage contracts across the United States and Canada.

Furthermore, the Storage and Transportation segment of New Jersey Resources Corporation invests in natural gas transportation and storage inffrastructure. Beyond energy services, the company provides heating, ventilation, cooling, and plumbing services. It also engages in commercial real estate activities and offers solar equipment installation and water appliance sales and servicing. Founded in 1981 and headquartered in Wall, New Jersey, New Jersey Resources Corporation continues to expand its footprint and diversify its energy offerings while maintaining a commitment to service excellence and community engagement.

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