The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

NJR

Concerning the House

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 residential and commercial 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, Indiana, and Pennsylvania. The Energy Services segment maintains and transacts natural gas transportation and storage capacity contracts, as well as provides physical wholesale energy, retail energy and energy management services. The Storage and Transportation segment invests in energy-related ventures. It provides home services and other operations, such as heating, ventilation, and cooling services; sales and installation of appliances; electrical and generator service and installations; and plumbing repair and installation services, as well as holds commercial real estate properties. The company also offers shared administrative and financial services; and natural gas storage and transmission assets services. New Jersey Resources Corporation was founded in 1922 and is headquartered in Wall, New Jersey.

United States · www.njresources.com

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$1.35B+9.5%
Operating income$508.87M+7.2%
Net income$335.63M+7.8%
Cash from ops$478.99M+3.7%
Quotation

$55.54

+0.18 (+0.3%)

52w hi$60.05
52w lo$42.92
Vol330.85K
As ofAug 13
The Verdict

Hold

Our score -0.05

Short+0.11
Medium-0.20
Long-0.08

computed 2026-08-13

By the Numbers

New Jersey Resources Corporation

Utilities · Utilities - Regulated Gas

Market cap$5.61B
Enterprise value$9.46B
Trailing P/E15.39x
Forward P/E16.05x
EV / EBITDA12.58x
P / S (ttm)2.53x
Profit margin16.4%
Return on equity14.5%
Revenue growth+16.8%
Earnings growth
Debt / equity146.78
Risk Metrics
Beta vs SPX0.05
Corr SPX0.04
Annual vol18.1%
Annual ret+13.1%
Sharpe0.73
Max DD-14.5%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.29
Sector-0.01
Technical+0.10
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$55.64$56.03$55.39$55.54330.85K
Aug 12$54.70$55.36$54.62$55.36518.50K
Aug 11$54.13$54.88$53.63$54.74842.50K
Aug 10$54.61$54.76$53.62$53.68666.00K
Aug 7$54.05$55.19$53.95$55.02576.90K