New Jersey Resources has been a strong long-term compounded, with diversification into non-regulated activities helping growth. Read my analysis here.
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Thursday marks the last chance for investors to receive the next dividend payout from New Jersey Resources (NYSE: NJR ). What''s Happening The company announced on Thursday that it would pay shareholders a quarterly dividend of 39 cents per share. On Friday, New Jersey Resources will go ex-dividend, meaning the stock will trade lower to reflect that payout. In … Full story available on Benzinga.com
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New Jersey Resources Corp. said Wednesday that it raised its quarterly dividend by 7.6%, to 39.00 cents a share from 36.25 cents a share. The natural gas storage and transportation company''s new dividend will be payable Oct. 3 to shareholders of record on Sept. 26. Based on current stock prices -- the stock rallied 1.7% in afternoon trading -- the new annual dividend rate would lift the dividend yield to 3.48% from 3.24%. That compares with the yield on the SPDR Energy Select Sector ETF of 3.39% and the implied yield for the S&P 500 of 1.67%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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New Jersey Resources (NJR) declared $0.39/share quarterly dividend, 7.6% increase from prior dividend of $0.36.
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WALL, N.J.--(BUSINESS WIRE)--The board of directors (the “Board”) of New Jersey Resources Corporation (NYSE: NJR) unanimously approved a 7.6 percent increase in the quarterly dividend rate to $0.39 per share from $0.3625 per share. The new quarterly rate will be effective with the dividend payable October 3, 2022 to shareowners of record on September 26, 2022. This dividend replaces the previously announced dividend of $0.3625 per share approved on July 14, 2022 for shareowners of record on Sep
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NewJersey Resources Corporation with ticker code (NJR) have now 6 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 52 and 41 and has a mean target at 46.33. Given that the stocks previous close was at 45.99 this now indicates there is a potential upside of .7%. The 50 day MA is 44.98 and the 200 day MA is 43.14. The company has a market cap of $4,392m. You can visit the company''s website by visiting: https://www.njresources.com [stock_market_widget type="chart" template="basic" color="green" assets="NJR" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,424m based on the market concensus. New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation.
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New Jersey Resources declared the quarterly dividend on its common stock will be $.3125 a share, payable on April 1st, 2020 to shareholders on March 17, 2020.
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NewJersey Resources Corporation found using ticker (NJR) have now 5 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 52 and 41 and has a mean target at 46.2. Now with the previous closing price of 45.49 this is indicating there is a potential upside of 1.6%. There is a 50 day moving average of 44.63 and the 200 day MA is 42.89. The company has a market cap of $4,452m. Company Website: https://www.njresources.com [stock_market_widget type="chart" template="basic" color="green" assets="NJR" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,521m based on the market concensus. New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. 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 564,000 residential and commercial customers throughout 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.
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Pulled from Benzinga Pro data, New Jersey Resources (NYSE: NJR ) posted Q3 earnings of $13.05 million, an increase from Q2 of 86.41%. Sales dropped to $552.34 million, a 39.46% decrease between quarters. In Q2, New Jersey Resources earned $96.03 million, and total sales reached $912.32 million. What Is ROCE? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of … Full story available on Benzinga.com
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New Jersey Resources Corporation (NYSE:NYSE:NJR) Q3 2022 Results Conference Call August 04, 2022 10:00 AM ET Company Participants Dennis Puma - Director, IR Stephen Westhoven - President,…
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New Jersey Resources press release (NJR): Q3 GAAP EPS of $0.14 beats by $0.10.Revenue of $552.34M (+50.3% Y/Y) beats by $133.69M.
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Today, New Jersey Resources Corporation (NYSE: NJR) reported results for the third quarter of fiscal 2022. Highlights include: Consolidated net income of $13.1 million, compared with a net loss of $(111.8) million in the third quarter of fiscal 2021. Consolidated net financial loss, a non-GAAP financial measure, of $(3.6) million, or $(0.04) per share, compared to a net financial loss of $(14.1)
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New Jersey Resources (NJR) is scheduled to announce Q3 earnings results on Thursday, August 4th, before market open.The consensus EPS Estimate is $0.06 (+140.0% Y/Y) and the consensus…
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New Jersey Resources (NYSE:NJR) declares $0.3625/share quarterly dividend, in line with previous.Forward yield 3.33%Payable Oct. 3; for shareholders of record Sept. 26; ex-div Sept.
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WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2022 third-quarter earnings results on Thursday, August 4, 2022, at 10 a.m. ET. President and Chief Executive Officer Steve Westhoven and Senior Vice President and Chief Financial Officer Roberto Bel will present an overview of NJR’s financial and operational performance for the fiscal 2022 third qua
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In my view, the only financial positive New Jersey Resources (NJR) has seen this year is that revenue is much higher than it was the same time last year.
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The following slide deck was published by New Jersey Resources Corporation in conjunction with this event.
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New Jersey Resources (NJR) said Wednesday that its New Jersey Natural Gas subsidiary has already hedged more than 80% of its projected supply for the 2022-23 winter heating season…
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New Jersey Natural Gas (NJNG), a regulated subsidiary of New Jersey Resources (NYSE: NJR), today submitted its annual Basic Gas Supply Service (BGSS) filing to the New Jersey Board of Public Utilities (BPU) seeking to adjust its periodic BGSS rates for residential and small commercial customers primarily to reflect a significant rise in wholesale market prices for natural gas. For the typical
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The following slide deck was published by New Jersey Resources Corporation in conjunction with their 2022 Q2 earnings call.
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Companies Reporting Before The Bell • Mirum Pharmaceuticals (NASDAQ: MIRM ) is expected to report quarterly loss at $1.34 per share on revenue of $8.46 million. • Bluegreen Vacations (NYSE: BVH ) is estimated to report quarterly earnings at $0.53 per share on revenue of $181.17 million. • Selecta Biosciences (NASDAQ: SELB ) is expected to report quarterly loss at $0.11 per share on revenue of $13.12 million. • Alpha Metallurgical (NYSE: AMR ) is projected to report quarterly earnings at $19.04 per share on revenue of $944.95 million. • DigitalBridge Group (NYSE: DBRG ) is projected to report quarterly loss at $0.03 per share on revenue of $259.60 million. • Madison Square Garden (NYSE: MSGS ) is projected to report quarterly earnings at $1.59 per share on revenue of $332.95 million. • Intellia Therapeutics (NASDAQ: NTLA ) is likely to report quarterly loss at $1.10 per share on revenue of $8.54 million. • InterDigital (NASDAQ: IDCC ) is estimated to report quarterly earnings at $0.73 per share on revenue of $97.
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NewJersey Resources Corporation found using ticker (NJR) now have 6 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 50 and 39 with a mean TP of 43.83. Now with the previous closing price of 39.51 this is indicating there is a potential upside of 10.9%. The day 50 moving average is 41.72 and the 200 day MA is 40.06. The market capitalisation for the company is $3,825m. You can visit the company''s website by visiting: /> [stock_market_widget type="chart" symbol="NJR" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. 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 retail natural gas services to approximately 558,000 residential and commercial customers in central and northern New Jersey; provides storage management services; and participates in the off-system sales and capacity release markets.
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WALL, N.J.--(BUSINESS WIRE)--The board of directors of New Jersey Resources (NYSE: NJR) unanimously declared a quarterly dividend on its common stock of $.3325 per share. The dividend will be payable on October 1, 2021 to shareowners of record as of September 20, 2021. The company is committed to providing value to its shareowners with a competitive return and has paid quarterly dividends continuously since its inception in 1952. About New Jersey Resources New Jersey Resources (NYSE: NJR) is a
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WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2021 third-quarter earnings results on Thursday, August 5, 2021 at 10 a.m. ET. President and Chief Executive Officer Steve Westhoven and Chief Financial Officer Pat Migliaccio will present an overview of NJRs financial and operational performance for the third quarter of fiscal 2021. A few minutes p
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NewJersey Resources Corporation found using ticker (NJR) now have 6 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 50 and 39 calculating the average target price we see 43.83. Given that the stocks previous close was at 39.57 this is indicating there is a potential upside of 10.8%. The 50 day MA is 42.47 and the 200 day moving average is 39.71. The market capitalisation for the company is $3,904m. You can visit the company''s website by visiting: /> [stock_market_widget type="chart" symbol="NJR" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. 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 retail natural gas services to approximately 558,000 residential and commercial customers in central and northern New Jersey; provides storage management services; and participates in the off-system sales and capacity release markets.
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WALL, N.J.--(BUSINESS WIRE)--As a part of its long-term succession planning, New Jersey Natural Gas (NJNG), the principal subsidiary of New Jersey Resources (NYSE: NJR), announced John Wyckoff will succeed Craig Lynch as Vice President-Energy Delivery following his retirement today. In addition, Kraig Sanders was promoted to a newly expanded role of Vice President-Operations. For nearly 37 years, Craig Lynch has been a cornerstone of our team, and we appreciate all hes done for our company,
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Why New Jersey Resources (NJR) is a Great Dividend Stock Right Now Yahoo Finance
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New Jersey Resources Corporation (NYSE: NJR ), an energy services company, will likely face two challenges, according to an analyst at BofA Securities. The New Jersey Resources Analyst: Julien Dumoulin-Smith downgraded shares of New Jersey Resources from Neutral to Underperform and reduced the price target from $43 to $39. The New Jersey Resources Thesis: The rate case filed by New Jersey Natural Gas will prove difficult, analyst Dumoulin-Smith said in a note. The NJNG rate cases through 2024, according to the analyst, will be critical to the outlook. The steep rate increase request of about 25% will be scrutinized by intervenors, he added. Secondly, execution at NJR Clean Energy Ventures, or CEV, is uncertain due to Full story available on Benzinga.com
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NewJersey Resources Corporation found using ticker (NJR) now have 6 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 50 and 39 with a mean TP of 44.5. Now with the previous closing price of 42.91 this now indicates there is a potential upside of 3.7%. The day 50 moving average is 43.01 while the 200 day moving average is 39.16. The market cap for the company is $4,112m. You can visit the company''s website by visiting: /> [stock_market_widget type="chart" symbol="NJR" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. 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 retail natural gas services to approximately 558,000 residential and commercial customers in central and northern New Jersey; provides storage management services; and participates in the off-system sales and capacity release markets.
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Reasons to Add New Jersey Resources (NJR) to Your Portfolio Yahoo Finance
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New Jersey Resources Corporation (NJR) shares closed today at 0.7% below its 52 week high of $43.98, giving the company a market cap of $4B. The stock is currently up 23.8% year-to-date, up 25.6% over the past 12 months, and up 40.6% over the past five years. This week, the Dow Jones Industrial Average rose 0.7%, and the S&P 500 rose 0.6%. Trading Activity Trading volume this week was 19.8% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.6. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Utilities industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -2.6% The company's stock price performance over the past 12 months beats the peer average by 6.3% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -52.2% lower than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
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NewJersey Resources Corporation found using ticker (NJR) now have 6 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 47 and 39 and has a mean target at 44. With the stocks previous close at 43.32 this now indicates there is a potential upside of 1.6%. The 50 day MA is 42.6 and the 200 moving average now moves to 38.67. The market capitalisation for the company is $4,212m. Find out more information at: /> [stock_market_widget type="chart" symbol="NJR" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. 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 retail natural gas services to approximately 558,000 residential and commercial customers in central and northern New Jersey; provides storage management services; and participates in the off-system sales and capacity release markets.
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Have New Jersey Resources Corporation (NYSE:NJR) Insiders Been Selling Their Stock? Simply Wall St
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New Jersey Resources Corporation (NJR) shares closed today at 0.6% below its 52 week high of $43.94, giving the company a market cap of $4B. The stock is currently up 24.0% year-to-date, up 27.8% over the past 12 months, and up 40.8% over the past five years. This week, the Dow Jones Industrial Average rose 0.4%, and the S&P 500 fell 0.1%. Trading Activity Trading volume this week was 21.2% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Utilities industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -2.4% The company's stock price performance over the past 12 months beats the peer average by 7.2% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -52.2% lower than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
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WALL, N.J.--(BUSINESS WIRE)--New Jersey Natural Gas (NJNG), the regulated subsidiary of New Jersey Resources (NYSE: NJR), today submitted its annual Basic Gas Supply Service (BGSS) and Conservation Incentive Program (CIP) filing to the New Jersey Board of Public Utilities (BPU). NJNG is seeking to adjust its natural gas cost recovery rates due to higher market prices and demand charges. The BGSS represents the cost of the commodity that is passed through to customers. Any change to this rate do
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NewJersey Resources Corporation with ticker code (NJR) now have 6 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 47 and 39 with the average target price sitting at 44. Now with the previous closing price of 42.64 this is indicating there is a potential upside of 3.2%. The 50 day MA is 42.35 and the 200 moving average now moves to 38.43. The company has a market cap of $4,099m. Company Website: /> [stock_market_widget type="chart" symbol="NJR" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. 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 retail natural gas services to approximately 558,000 residential and commercial customers in central and northern New Jersey; provides storage management services; and participates in the off-system sales and capacity release markets.
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New Jersey Resources Corporation (NJR) shares closed today at 1.5% below its 52 week high of $43.94, giving the company a market cap of $4B. The stock is currently up 22.7% year-to-date, up 34.0% over the past 12 months, and up 43.3% over the past five years. This week, the Dow Jones Industrial Average rose 0.3%, and the S&P 500 rose 0.9%. Trading Activity Trading volume this week was 18.4% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.7. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Utilities industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -1.9% The company's stock price performance over the past 12 months beats the peer average by 4.7% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -52.3% lower than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
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WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR) today announced an increase to its fiscal 2021 net financial earnings (NFE) guidance to a range of $1.85 - $1.95 per share, from the previously announced range of $1.55 - $1.65 per share. The increase in guidance is due primarily to better-than-anticipated results at NJR Energy Services (Energy Services). During the second quarter of fiscal 2021, a period of widespread cold across the U.S. led to unusually high demand for natural gas
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New Jersey Resources (NYSE:NJR) released its earnings results on Wednesday. The utilities provider reported $0.46 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.49 by ($0.03), MarketWatch Earnings reports. New Jersey Resources had a net margin of 9.93% and a return on equity of 10.61%. The business had revenue […]
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WALL, N.J.--(BUSINESS WIRE)--Today, New Jersey Resources (NYSE: NJR) reported results for the first-quarter of fiscal 2021. Highlights include: Consolidated net income of $81.0 million, compared with $75.8 million in the first-quarter of fiscal 2020 Consolidated net financial earnings (NFE), a non-GAAP financial measure, of $44.7 million, or $0.46 per share, compared with $34.9 million, or $0.38 per share, in the first quarter of fiscal 2020 Reaffirmed NFE per share (NFEPS) guidance of $1.55 to
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WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2021 first-quarter earnings results on Thursday, February 4, 2021, at 10 a.m. ET. President and Chief Executive Officer Steve Westhoven and Chief Financial Officer Pat Migliaccio will present an overview of NJR’s financial and operational performance for the first quarter of fiscal 2021. A few minute
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WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR) today hosted its 68th Annual Shareowners Meeting. Due to the COVID-19 pandemic, the meeting was held virtually. By an overwhelming majority, shareowners elected M. William Howard for a one-year term that will expire in 2022 and re-elected Donald L. Correll, James H. DeGraffenreidt Jr., M. Susan Hardwick and George R. Zoffinger, for three-year terms that will expire in 2024. “We have an exceptional board of directors, whose extensive
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WALL, N.J.--(BUSINESS WIRE)--For the second consecutive year, New Jersey Resources (NYSE: NJR) has been named one of America’s Most Responsible Companies by Newsweek in recognition of its excellence and accomplishments in corporate social responsibility. NJR was selected from a cross-industry pool of over 2,000 companies that were evaluated and ranked based on a detailed analysis of key performance indicators in three areas of corporate social responsibility: environmental, social and corporate
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New Jersey Resources (NYSE:NJR) is scheduled to announce Q4 earnings results on Monday, November 30th, before market open. The consensus EPS Estimate is $0
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WALL, N.J.--(BUSINESS WIRE)--New Jersey Natural Gas (NJNG), the principal subsidiary of New Jersey Resources (NYSE: NJR) today notified the New Jersey Board of Public Utilities (BPU) it will provide residential and small commercial customers with a bill credit totaling $10 million, effective December 1, 2020 through December 31, 2020. This one-time bill credit will save the average residential heating customer using approximately 158 therms $19.31, a decrease of 11.2% on their December bill. “A
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New Jersey Resources (NJR) to Report Q4 Results: Wall Street Expects Earnings Growth | UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News
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WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR) today announced the company will host a virtual Analyst Day on Monday, November 30, 2020 at 8:30 a.m. Eastern time. NJR’s senior leadership team will discuss the company’s strategic value proposition and long-term financial growth targets, as well as its year-end fiscal 2020 earnings results. Scheduled speakers include: Steve Westhoven, President and Chief Executive Officer Patrick Migliaccio, Senior Vice President and Chief Financia
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Cheniere Energy (NYSE:LNG) and New Jersey Resources (NYSE:NJR) are both oils/energy companies, but which is the superior business? We will compare the two companies based on the strength of their risk, valuation, earnings, dividends, institutional ownership, profitability and analyst recommendations. Earnings and Valuation This table compares Cheniere Energy and New Jersey Resources’ revenue, earnings per […]
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HOPATCONG, N.J.--(BUSINESS WIRE)--NJR Clean Energy Ventures (NJRCEV), the clean energy subsidiary of New Jersey Resources (NYSE: NJR), and the Borough of Hopatcong, today, celebrated the completion of a new 1.5 megawatt (MW) ground-mounted solar project at the former municipal landfill. Consisting of nearly 4,000 solar panels, the fixed-tilt array is expected to provide enough clean energy to power 230 homes annually and reduce emissions by 1,435 tons, equal to removing 290 cars from the road e
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HOPATCONG, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR) CEO Steve Westhoven and Hopatcong Mayor Michael Francis to join with local leaders to host a ribbon-cutting on October 15, 2020, at 10 a.m., to celebrate the completion of a new commercial solar project located at the capped municipal landfill. Built, operated and maintained by NJR Clean Energy Ventures, a subsidiary of NJR, the solar array is expected to produce 1.5 megawatts (MW) of clean energy to be sold to the wholesale ele
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