NJR News & Events

Reports Q1 revenue $604.85M vs $488.36M last year. Steve Westhoven, President and CEO of New Jersey Resources, stated, "NJR is off to a strong start in fiscal 2026. Our performance in the beginning of our fiscal second quarter has exceeded our original projections, as Energy Services benefited from natural gas price volatility. As a result, we are raising our fiscal 2026 NFEPS guidance range by $0.25 to $3.28 to $3.43. This represents the sixth consecutive year in which NJR has raised its guidance as a result of the benefits of our diversified energy platform."

Consensus $3.12. Maintains 7% to 9% long-term net financial earnings per share growth target, starting from a fiscal 2025 base of $2.83 per share.

At the 2026 Annual Meeting of New Jersey Resources, shareowners elected Jane Kenny, Amy Mansue, Sharon Taylor, Stephen Westhoven and Willian Yardley to NJR's Board of Directors each for a three-year term that will expire in 2029. Also at the Annual Meeting, Donald Correll, a longstanding member and Chair of NJR's Board, retired after 17 years of dedicated service. Thomas O'Connor will succeed Correll as Board Chair. In other business, shareowners approved a non-binding advisory resolution on the compensation of NJR's named executive officers, as well as the proposed 2026 Stock Award and Incentive Plan, and ratified the appointment of Deloitte & Touche as its independent registered public accounting firm for the fiscal year ending September 30.