AllAnalyst Report
logoMorningstarOctober 22, 2020

New Jersey Resources Corporation: New Jersey Resources: NJ Climate Goals Offer Challenges and Opportunities; Valuation Attractive

Symbols
NJR
Sector(s)
Utilities
Rating
Premium
Current Price
$36.51
Fair Value
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Economic Moat
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Stewardship
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Summary

New Jersey Resources is an energy services holding company with regulated and nonregulated operations. Its regulated utility, New Jersey Natural Gas, delivers natural gas to 550,000 customers in the state. NJR's nonregulated businesses include retail gas supply and solar investments primarily in New Jersey. NJR also is an equity investor and owner in several large midstream gas projects.

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