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Recent Updates — NJR

August 20, 2026View Source ↗

New Jersey Resources Corporation's wholly-owned subsidiary, New Jersey Natural Gas Company (NJNG), entered into a Note Purchase Agreement to issue $150 million in aggregate principal amount of senior notes secured by NJNG’s First Mortgage Bonds. The issuance consists of three series: $50 million of 5.43% Senior Notes due August 20, 2036 (Series A) and $50 million of 6.04% Senior Notes due August 20, 2056 (Series B), both closing on August 20, 2026; and $50 million of 5.43% Senior Notes due October 22, 2036 (Series C), expected to close on that date. Proceeds will fund general corporate purposes, including refinancing short-term debt and capital expenditures. NJR is not directly obligated for the notes. New Jersey Resources Corporation operates as a diversified energy company providing natural gas distribution and other utility services.

August 3, 2026View Source ↗

New Jersey Resources reported fiscal 2026 third-quarter net income of $9.7 million, or $0.10 per share, compared to a net loss of $(15.1) million in the prior year period. Year-to-date net income totaled $351.1 million, or $3.48 per share. The company tightened its fiscal 2026 net financial earnings per share guidance to a range of $3.52 to $3.62 from $3.48 to $3.63. Capital expenditures for the first nine months were $553.0 million, with an expected full-year range of $815 million to $950 million. The company operates in the diversified energy infrastructure and energy services industry.