New Jersey Resources

New Jersey Resources is an energy services holding company whose principal business is the distribution of natural gas through a regulated utility, which provides other retail and wholesale energy services to customers and invests in clean energy projects and midstream assets. The Company operates within four reportable business segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services and Midstream. The Natural Gas Distribution segment consists of regulated natural gas services, off-system sales, capacity and storage management operations. The Energy Services segment consists of unregulated wholesale energy operations. The Clean Energy Ventures segment consists of capital investments in clean energy projects. The Midstream segment consists of investments in the midstream natural gas market, such as natural gas transportation and storage facilities.

Company Growth (employees)
Type
Public
HQ
Wall Township, US
Founded
1952
Size (employees)
1,034 (est)
New Jersey Resources was founded in 1952 and is headquartered in Wall Township, US

New Jersey Resources Office Locations

New Jersey Resources has an office in Wall Township
Wall Township, US (HQ)
1415 Wyckoff Rd

New Jersey Resources Data and Metrics

New Jersey Resources Financial Metrics

New Jersey Resources's revenue was reported to be $733.5 m in Q2, 2017
USD

Revenue (Q2, 2017)

733.5 m

Net income (Q2, 2017)

114.7 m

EBIT (Q2, 2017)

139.7 m

Market capitalization (18-Aug-2017)

3.8 b

Cash (31-Mar-2017)

92.7 m
New Jersey Resources's current market capitalization is $3.8 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

3.2 b3.7 b2.7 b1.9 b

Revenue growth, %

17%(27%)(31%)

EBIT

159.2 m201.2 m248.5 m167.5 m

EBIT margin, %

5%5%9%9%

Net Income

114.8 m142 m181 m131.7 m
USDQ3, 2014Q1, 2014Q2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017

Revenue

688.3 m824.1 m1 b458.5 m444.3 m574.2 m393.2 m541 m733.5 m

EBIT

(29.2 m)168.7 m82.8 m(9.3 m)59.5 m93.9 m(28.3 m)41.5 m139.7 m

EBIT margin, %

(4%)20%8%(2%)13%16%(7%)8%19%

Net Income

(14.3 m)123.3 m60.9 m(7.5 m)48.6 m73.3 m(17.4 m)34.9 m114.7 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

3 m2.2 m4.9 m37.5 m

Accounts Receivable

36.1 m

Current Assets

745.9 m682.7 m544.5 m607.3 m

PP&E

1.6 b1.9 b2.1 b2.4 b

Total Assets

3 b3.2 b3.3 b3.7 b

Accounts Payable

56.7 m

Dividends Payable

17.6 m19 m20.5 m22 m

Total Debt

1.1 b

Current Liabilities

851.8 m791.1 m436.1 m571.6 m

Non-Current Liabilities

752.7 m803.3 m952.4 m925.3 m

Total Liabilities

1.6 b1.6 b1.4 b1.5 b

Retained Earnings

604.9 m674.8 m777.7 m825.6 m

Debt to Assets Ratio

0.3 x
USDQ3, 2014Q1, 2014Q2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017

Cash

3.3 m11.7 m103.3 m70.2 m1.7 m1.9 m94.8 m46.9 m92.7 m

Current Assets

695.5 m900.1 m745.6 m561.8 m588.9 m459.9 m604.7 m815.1 m678 m

PP&E

1.8 b2 b2 b2.1 b2.2 b2.2 b2.3 b2.5 b2.5 b

Total Assets

3.1 b3.4 b3.3 b3.2 b3.5 b3.4 b3.6 b3.9 b3.9 b

Dividends Payable

17.7 m19 m19.2 m19.3 m20.6 m20.6 m20.7 m22 m22 m

Current Liabilities

682.1 m815.9 m655.1 m402.7 m575 m477.9 m601.5 m822.9 m626.3 m

Non-Current Liabilities

783.9 m821.8 m828 m835.4 m910.1 m889.9 m892.6 m914.5 m920.9 m

Retained Earnings

718.3 m779.1 m820.8 m794.1 m805.8 m858.5 m822.1 m838.5 m931.2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

114.8 m142 m181 m131.7 m

Depreciation and Amortization

47.3 m52.7 m61.4 m72.7 m

Inventories

(56 m)43.1 m115 m(46 m)

Long-term Borrowings

(9 m)(82.6 m)(37 m)(13.3 m)

Interest Paid

20.4 m22.5 m24.2 m32 m

Income Taxes Paid

12 m22.4 m28.8 m(3.5 m)
USDQ3, 2014Q1, 2014Q2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017

Net Income

(14.3 m)123.3 m60.9 m(7.5 m)48.6 m73.3 m(17.4 m)34.9 m114.7 m

Depreciation and Amortization

13.6 m14.4 m15.2 m15.6 m16.5 m17.7 m18.7 m19.3 m20.3 m
USDY, 2017

Revenue/Employee

709.4 k

New Jersey Resources Market Value History

Traffic Overview of New Jersey Resources

New Jersey Resources Online and Social Media Presence

New Jersey Resources News and Updates

BRIEF-New Jersey Resources unit enters into note purchase agreement - SEC filing

* On June 21, 2016, New Jersey Natural Gas Co, unit, institutional investors entered into note purchase agreement

New Jersey Resources Company Life and Culture

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