New Jersey Resources Corporation

NYSE•NJR

CEO: Mr. Stephen D. Westhoven

セクター: Utilities

業種: Regulated Gas

上場日: 1980-03-17

New Jersey Resources Corporation, an energy services holding company, distributes natural gas. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to approximately 576,000 customers in Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in, owns, and operates clean energy projects, including commercial and residential solar installation situated in New Jersey, Rhode Island, New York, Connecticut, Michigan, and Indiana. The Energy Services segment maintains and operates natural gas transportation and storage capacity contracts, as well as provides physical wholesale energy, retail energy and energy management services in the United States and Canada. The Storage and Transportation segment invests in invests in energy-related ventures. It provides heating, ventilation, and cooling services; sales and installation of appliances; offers solar equipment installation, and plumbing repair and installation services; and holds commercial real estate properties. The company was incorporated in 1981 and is headquartered in Wall, New Jersey.

連絡先情報

1415 Wyckoff Road, Wall, NJ, 07719, United States

732-938-1000

www.njresources.com

時価総額

$5.48B

PER (TTM)

16.7

23.9

配当利回り

3.4%

52週高値

$55.49

52週安値

$43.46

52週レンジ

90%

順位40Top 42.0%

4.1

F-Score

改良版 Piotroski 分析

10年ファンダメンタル

堅調 • 4.1 / 9 ポイント

スコアレンジ (0-9)

8-9: 価値が優れている

6-7: 基礎体質が強い

4-5: 全体的に堅調

0-3: パフォーマンスが弱い

データ期間: 2016-2025

財務ダッシュボード

Q1 2026 データ

売上高

$605.62M+23.19%

直近4四半期の推移

EPS

$1.22-7.58%

直近4四半期の推移

フリーCF

-$139.67M-116.62%

直近4四半期の推移

2026 Q1 決算ハイライト

主なハイライト

Total Revenue Increased Significantly Total operating revenues reached $604.9M, up $116.5M versus prior period, driven by strong utility sales performance.

NJNG Net Income Rises NJNG net income grew $16.9M to $83.8M, supported by $25.0M Utility Gross Margin increase from base rate adjustments.

Operating Cash Flow Rebounds Cash flow from operations totaled $26.7M, a significant swing from $(9.0)M used in the prior year period due to working capital changes.

Energy Services Profitability Doubles ES segment net income increased $10.3M to $20.6M, benefiting from favorable pricing spreads due to colder December weather.

リスク要因

Commodity Price Volatility Exposure Significant market risk remains from natural gas and SREC price fluctuations impacting ES earnings and NJNG hedging effectiveness.

Regulatory Cost Recovery Uncertainty NJNG cost recovery relies on BPU approval for capital investments and BGSS rate changes; adverse regulatory actions pose risk.

Counterparty Credit Exposure High Gross credit exposure totaled $208.9M across ES, CEV, S&T; counterparty default could cause material financial condition impact.

CEV Project Development Risks CEV faces risks related to timely project commencement, securing ITCs, and navigating evolving federal clean energy tax credit guidance.

見通し

NJNG Capital Spending Planned NJNG projects capital expenditures between $430M and $480M for fiscal 2026, funded by operations, CP, and long-term debt issuance.

CEV Solar Investment Forecast CEV estimates solar-related capital expenditures for fiscal 2026 between $210M and $290M to support renewable energy growth goals.

Liquidity Position Remains Strong Borrowing availability under NJR ($324.8M) and NJNG ($109.0M) credit facilities supports short-term needs and debt covenants compliance.

Regulatory Rate Case Activity NJNG continues seeking recovery for infrastructure investments via future base rate cases following recent BGSS/IIP approvals.

同業比較

売上高 (TTM)

UGI

$7.34B

+3.1%

$6.64B

+21.8%

SWX

$3.21B

-26.8%

粗利益率 (最新四半期)

OGS

96.3%

+35.7pp

CPK

72.2%

+1.1pp

58.1%

+1.9pp

主要指標

銘柄コード	時価総額	PER (TTM)	ROE (TTM)	負債比率
NI	$22.29B	23.7	10.2%	44.4%
NFG	$8.66B	12.7	21.1%	30.1%
UGI	$7.79B	13.0	12.2%	42.8%

長期トレンド

直近4四半期

売上高

純利益

営業キャッシュフロー

4四半期売上高CAGR

-11.6%

成長鈍化

4四半期純利益CAGR

-15.7%

収益性の低下

キャッシュフロー安定性

75%

キャッシュフローの変動が大きい

深度リサーチ

次回決算:2026年5月4日

EPS:$1.58

売上高:$840.95M

財務データ

決算説明会

財務レポート

ニュース

損益計算書

バランスシート

キャッシュフロー計算書

財務比率

変化率

損益計算書	直近12ヶ月

データなし