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Tuesday, November 10, 2009, 11:58PM ET - U.S. Markets Closed. Dow Up 0.20% Nasdaq Down 0.14%
New Jersey Resources Corp. (NJR)At 4:02PM ET: 35.86  Down 0.02 (0.06%)  
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New Jersey Resources Corp.
1415 Wyckoff Road
Wall, NJ 07719
United States - Map
Phone: 732-938-1000
Fax: 732-938-2134
Web Site: http://www.njresources.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Utilities
Industry:Gas Utilities
Full Time Employees:854

BUSINESS SUMMARY 
New Jersey Resources Corporation provides retail and wholesale energy services. It operates in two segments, Natural Gas Distribution and Energy Services. The Natural Gas Distribution segment provides regulated retail natural gas services to residential and commercial customers in central and northern New Jersey, as well as participates in the off-system sales and capacity release markets. As of September 30, 2008, it served approximately 484,000 customers. The Energy Services segment offers unregulated wholesale energy services, including base load natural gas, peaking, and balancing services through natural gas pipeline and storage contracts, as well as asset management services in states from the Gulf Coast and Mid-Continent regions to the Appalachian and Northeast regions of the United States and Canada. It provides its services to local distribution companies, industrial companies, electric generators, and retail aggregators. In addition, the company’s retail and other business operations consist of energy related investments, appliance and installation services, commercial real estate development, and other corporate activities. As of September 30, 2008, it owned 83 acres of undeveloped land in Monmouth and Atlantic counties, and a 56,400 square foot office building on 5 acres of developed land in Monmouth County. 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 Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 79.8% of S&P 600 companies and 55% of Utilities companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Laurence M. Downes , 51
    Chairman, Chief Exec. Officer, Pres, Member of Exec. Committee, Chairman of New Jersy Natural Gas, Chief Exec. Officer of New Jersey Natural Gas, Chief Exec. Officer of NJR Energy Services, Chief Exec. Officer of NJR Service, Pres of NJR Energy Services and Pres of NJR Service
    $ 1.64M $ 0
    Mr. Glenn C. Lockwood , 48
    Chief Financial Officer, Principal Accounting Officer, Sr. VP, Chief Financial Officer of NJR Service, Chief Financial Officer of Commercial Realty & Resources, Chief Financial Officer of NJR Energy Services, Chief Financial Officer of NJR Home Services, Sr. VP of NJR Home Services, Sr. VP of NJR Energy Services, Sr. VP of NJR Service and Sr. VP of Commercial Realty & Resources
    $ 375.00K $ 545.00K
    Mr. George R. Zoffinger , 60
    Director, Chairman of Nominating/Corp. Governance Committee, Member of Leadership Devel. & Compensation Committee, Chief Exec. Officer of New Jersey Sports & Exposition Authority, Pres of New Jersey Sports & Exposition Authority of New Jersey Natural Gas
    $ 62.00KN/A
    Mr. Joseph P. Shields , 52
    Chief Operating Officer of NJR Energy Services, Exec. VP of NJR Energy Services and Sr. VP of Energy Services - NJNG
    $ 1.11M $ 464.00K
    Ms. Kathleen T. Ellis , 56
    Sr. VP of Corp. Affairs & Marketing, Chief Operating Officer of New Jersey Natural Gas and Exec. VP of New Jersey Natural Gas
    $ 390.00K $ 0
    Dollar amounts are as of 31-Dec-08 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.
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