NewJersey Resources Corporation

NYSE NJR

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NewJersey Resources Corporation Market Capitalization on June 03, 2024: USD 4.35 B

NewJersey Resources Corporation Market Capitalization is USD 4.35 B on June 03, 2024, a -8.91% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • NewJersey Resources Corporation 52-week high Market Capitalization is USD 4.91 B on June 07, 2023, which is 12.87% above the current Market Capitalization.
  • NewJersey Resources Corporation 52-week low Market Capitalization is USD 3.85 B on October 02, 2023, which is -11.57% below the current Market Capitalization.
  • NewJersey Resources Corporation average Market Capitalization for the last 52 weeks is USD 4.24 B.
NYSE: NJR

NewJersey Resources Corporation

CEO Mr. Stephen D. Westhoven
IPO Date Dec. 30, 1987
Location United States
Headquarters 1415 Wyckoff Road, Wall, NJ, United States, 07719
Employees 1,350
Sector Utilities
Industry Utilities - regulated gas
Description

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.

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StockViz Staff

September 20, 2024

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