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    New Jersey Resources Corp. (NJR)

    36.44 Down 0.50(1.35%) May 5, 4:02PM EDT
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    New Jersey Resources Corp.
    1415 Wyckoff Road
    Wall, NJ 07719
    United States - Map
    Phone: 732-938-1480
    Website: http://www.njresources.com

    Index Membership:N/A
    Industry:Gas Utilities
    Full Time Employees:991

    Business Summary 

    New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through Natural Gas Distribution, Energy Services, Clean Energy Ventures, Midstream, and Home Services and Other segments. The Natural Gas Distribution segment offers regulated retail natural gas services to approximately 512,300 residential and commercial customers in central and northern New Jersey; provides storage management services; and participates in the off-system sales and capacity release markets. The Energy Services segment provides 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 Clean Energy Ventures segment invests in, owns, and operates distributed power projects, including commercial and residential solar projects located in New Jersey; and onshore wind projects in Montana, Iowa, and Kansas. The Midstream segment invests in natural gas transportation and storage facilities. The Home Services and Other segment offers heating, ventilation, and cooling services; holds and develops commercial real estate properties; and provides solar equipment installation, and plumbing repair and installation services. This segment is also involved in water appliance sales, installation, and servicing activities. The company was founded in 1922 and is based in Wall, New Jersey.

    Key Statistics

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    Corporate Governance 
    New Jersey Resources Corp.’s ISS Governance QuickScore as of May 1, 2016 is 2. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 7; Compensation: 1.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Laurence M. Downes , 59
    Chairman, Chief Exec. Officer, Pres and Member of Exec. Committee
    Ms. Mariellen Dugan , 50
    Chief Compliance Officer, Sr. VP, Gen. Counsel and Member of Risk Management Committee
    Mr. Glenn C. Lockwood , 55
    Exec. VP and Chairman of Risk Management Committee
    Mr. Stephen D. Westhoven , 48
    Sr. VP of NJR Energy Services
    Ms. Kathleen T. Ellis , 63
    Chief Operating Officer of New Jersey Natural Gas and Exec. VP of New Jersey Natural Gas
    Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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