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New Jersey Resources Corp.

Website LinkedIn Latest 10-K
  • NJR ยท NYSE
  • Natural Gas Distribution
  • Wall, NJ
  • 1,376 employees
  • CIK 0000356309

Updated from SEC filings through

Top things to know

Executives

What leadership is saying

“Our year-to-date performance reflects the continued strength of our diversified business model, supported by solid execution across our operations. We are pleased to raise the lower end of our fiscal 2026 NFEPS guidance, as we remain focused on delivering reliable, affordable energy and long-term value for our shareowners”

Management Commentary Steve Westhoven, President and CEO of New Jersey Resources
Earnings press release (8-K Ex. 99.1), filed August 3, 2026

New Jersey Resources Corp is a U.S. public company in natural gas distribution (SIC 4924), headquartered in Wall, NJ. It trades as NJR on NYSE. Revenue was $1.4B in the fiscal year ending September 30, 2025, +9.9% from the year before. It reported about 1,376 employees. Stephen D. Westhoven is President and CEO.

Five-year financials

MetricFY2025FY2024FY2023FY2022FY2021
Revenue $1.4B
10-K, 2025-11-20
$1.2B
10-K, 2025-11-20
$1.1B
10-K, 2025-11-20
$1.2B
10-K, 2024-11-26
$852M
10-K, 2023-11-21
Operating income $509M
10-K, 2025-11-20
$458M
10-K, 2025-11-20
$407M
10-K, 2025-11-20
$406M
10-K, 2024-11-26
$288M
10-K, 2023-11-21
SG&A Not on file Not on file Not on file Not on file Not on file
Net income $336M
10-K, 2025-11-20
$290M
10-K, 2025-11-20
$265M
10-K, 2025-11-20
$275M
10-K, 2024-11-26
$118M
10-K, 2023-11-21

Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.

Leadership and board

NameTitleSource
Stephen D. Westhoven Stephen D. Westhoven
President & CEO at New Jersey Resources
President and CEO 10-K, 2025-11-20
Roberto Bel Roberto Bel SVP and CFO 4, 2026-03-17
Amy Cradic Amy Cradic
Senior Vice President and Chief Operating Officer of Non-Utility Businesses, Strategy and External Affairs at New Jersey Resources
SVP and Chief Operating Officer of Nonutility Businesses, Strategy and External Affairs 10-K, 2025-11-20
Patrick J. Migliaccio Patrick J. Migliaccio Senior VP and COO, NJNG 4, 2026-08-17
Christopher T. D'Antuono Corporate Controller and PAO 4, 2026-05-26
Richard Reich Richard Reich SVP and Gen Counsel 4, 2026-03-20
Stephen M. Skrocki Stephen M. Skrocki Corporate Controller (Principal Accounting Officer) 10-K, 2025-11-20
Jacqueline K. Shea Jacqueline K. Shea SVP and CIO 10-K, 2025-11-20
Lori DelGiudice Lori DelGiudice
Sr. Vice President - CHRO
SVP, Human Resources 10-K, 2025-11-20
Stephen Skrocki Stephen Skrocki Corporate Controller and PAO 4, 2025-11-06

What New Jersey Resources Corp does

New Jersey Resources Corporation is a New Jersey corporation and a diversified energy services holding company whose principal business is the distribution of natural gas through a regulated utility, investing in and operating clean energy projects and natural gas storage and transportation assets, and providing other retail and wholesale energy services to customers. We are an exempt holding company under Section 1263 of the Energy Policy Act of 2005.

Item 1. Business, 10-K for the year ending September 30, 2025

Shares and governance

Shares outstanding 101.5 million (as of July 31, 2026) 10-Q, August 4, 2026
Public float $4.9B (as of March 31, 2025) 10-K, November 20, 2025
Reportable segments 4 (period ending June 30, 2026) 10-Q, August 4, 2026
Latest proxy statement Meeting September 30, 2025 (filed December 10, 2025) DEF 14A, December 10, 2025
Auditor Deloitte & Touche LLP (Morristown, New Jersey) Latest 10-K

Insider trades

Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.

DateInsiderTradeSharesValueSource
August 14, 2026 Patrick J. Migliaccio
Senior VP and COO, NJNG
Sale 3,000 $167K Form 4, August 17, 2026
May 22, 2026 Christopher T. D'Antuono
Corporate Controller and PAO
Sale 1,150 $66K Form 4, May 26, 2026
May 11, 2026 Patrick J. Migliaccio
Senior VP and COO, NJNG
Sale 3,000 $168K Form 4, May 13, 2026
May 8, 2026 Jane M. Kenny
Director
Sale 8,000 $449K Form 4, May 11, 2026
March 19, 2026 Richard Reich
SVP and Gen Counsel
Sale 5,449 $289K Form 4, March 20, 2026
March 16, 2026 Roberto Bel
SVP and CFO
Sale 6,105 $336K Form 4, March 17, 2026
December 23, 2025 Patrick J. Migliaccio
Senior VP and COO, NJNG
Sale 4,017 $187K Form 4, December 29, 2025

Recent 8-K events

  • 8-K filed 2026-10-28
    • Item 1.01 Entry into a material definitive agreement
    • Item 2.03 Creation of a direct financial obligation
  • 8-K filed 2026-10-23
    • Item 1.01 Entry into a material definitive agreement
    • Item 2.03 Creation of a direct financial obligation
  • 8-K filed 2026-08-20
    • Item 1.01 Entry into a material definitive agreement
    • Item 2.03 Creation of a direct financial obligation
  • 8-K filed 2026-08-03
    • Item 2.02 Results of operations and financial condition (earnings release)
    • Item 7.01 Regulation FD disclosure
  • 8-K filed 2026-06-01
    • Item 7.01 Regulation FD disclosure
  • 8-K filed 2026-05-04
    • Item 2.02 Results of operations and financial condition (earnings release)
    • Item 7.01 Regulation FD disclosure
  • 8-K filed 2026-02-02
    • Item 2.02 Results of operations and financial condition (earnings release)
    • Item 7.01 Regulation FD disclosure
  • 8-K filed 2026-01-23
    • Item 5.02 Departure or appointment of directors or officers; compensation
    • Item 5.07 Submission of matters to a vote of security holders
  • 8-K filed 2025-11-19
    • Item 2.02 Results of operations and financial condition (earnings release)
    • Item 7.01 Regulation FD disclosure
  • 8-K filed 2025-11-06
    • Item 5.02 Departure or appointment of directors or officers; compensation

Frequently asked questions about New Jersey Resources Corp

What does New Jersey Resources Corp do?
In its own words, from Item 1 of its 10-K: "New Jersey Resources Corporation is a New Jersey corporation and a diversified energy services holding company whose principal business is the distribution of natural gas through a regulated utility, investing in and operating clean energy projects and natural gas storage and transportation assets, and providing other retail and wholesale energy services to customers. We are an exempt holding company under Section 1263 of the Energy Policy Act of 2005."
What is New Jersey Resources Corp's revenue?
$1.4B for the fiscal year ending September 30, 2025, from its 10-K filed November 20, 2025.
Is New Jersey Resources Corp profitable?
New Jersey Resources Corp reported net income of $336M for the fiscal year ending September 30, 2025.
How many employees does New Jersey Resources Corp have?
About 1,376 as of September 30, 2025, as stated in its annual report.
Who is the CEO of New Jersey Resources Corp?
Stephen D. Westhoven, President and CEO, as named in a 10-K filed November 20, 2025.
Who is the CFO of New Jersey Resources Corp?
Roberto Bel, SVP and CFO, as named in a 4 filed March 17, 2026.
Where is New Jersey Resources Corp headquartered?
Wall, NJ.
What is New Jersey Resources Corp's stock ticker?
NJR on NYSE.
What industry is New Jersey Resources Corp in?
Natural Gas Distribution, SIC code 4924.
What is New Jersey Resources Corp's website?
njresources.com.
When does New Jersey Resources Corp report earnings next?
November 19, 2026. Source: ir_events_fc.
Is New Jersey Resources Corp a public company?
Yes. New Jersey Resources Corp files with the SEC under CIK 0000356309 and trades as NJR.
Who audits New Jersey Resources Corp?
Deloitte & Touche LLP, Morristown, New Jersey, as named in its latest annual report (10-K).
How many shares of New Jersey Resources Corp are outstanding?
101.5 million shares as of July 31, 2026, from its 10-Q filed August 4, 2026.
What is New Jersey Resources Corp's public float?
$4.9B as of March 31, 2025, as reported on the cover of its 10-K filed November 20, 2025.
How many business segments does New Jersey Resources Corp report?
4 reportable segments for the period ending June 30, 2026, from its 10-Q filed August 4, 2026.
When is New Jersey Resources Corp's annual shareholder meeting?
September 30, 2025, per its proxy statement (DEF 14A) filed December 10, 2025.
Have New Jersey Resources Corp insiders traded stock recently?
Since December 23, 2025, officers and directors reported 7 open-market sales worth about $1.7M and 0 purchases on Forms 4 and 5. The most recent: Patrick J. Migliaccio (Senior VP and COO, NJNG) sold 3,000 shares on August 14, 2026.