New Jersey Resources: A Leading Energy Services Holding Company
New Jersey Resources is a prominent energy services holding company that plays a critical role in the utility infrastructure of the Northeastern United States. Headquartered in Wall Township, New Jersey, the organization operates as a public company, providing essential energy services through its strategic business structure.
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Corporate Profile and Market Standing
Established in 1981, New Jersey Resources has spent over 45 years building a robust presence in the energy sector. The company is publicly traded on the New York Stock Exchange under the ticker symbol NJR and is recognized as a component of the S&P 400, an index tracking 400 small-cap companies.
The company's financial and operational success is reflected in its inclusion in the Fortune 1000 and its status as a member of the Forbes Platinum 400, highlighting its stability and scale within the American business landscape.
Operational Structure and Workforce
The primary operational arm of the holding company is New Jersey Natural Gas, its principal subsidiary. Through this subsidiary, the company manages the distribution and delivery of natural gas to a wide array of residential and commercial customers.
As of 2023, the company employs approximately 1,350 people, maintaining a dedicated workforce to ensure the reliability and safety of energy services across its service area.
Key Facts
- Founded: 1981
- Headquarters: Wall Township, New Jersey, U.S.
- Stock Ticker: NYSE: NJR
- Principal Subsidiary: New Jersey Natural Gas
- Employee Count: 1,350 (as of 2023)
- Market Recognition: Fortune 1000 and Forbes Platinum 400 member
Company Overview Summary
| Category | Details |
|---|---|
| Company Type | Public Company |
| Exchange/Ticker | NYSE : NJR |
| Index Membership | S&P 400 component |
| Founded Year | 1981 |
| Official Website | njresources.com |
Frequently Asked Questions
What is New Jersey Resources?
New Jersey Resources is an energy services holding company based in Wall Township, New Jersey, that oversees energy-related operations, primarily through its subsidiary, New Jersey Natural Gas.
Where is the company headquartered?
The company is headquartered in Wall Township, New Jersey, United States.
Is New Jersey Resources a publicly traded company?
Yes, it is a public company traded on the New York Stock Exchange under the ticker symbol NJR.
Which major indices or lists is the company part of?
New Jersey Resources is a component of the S&P 400, a Fortune 1000 company, and a member of the Forbes Platinum 400.
How many employees does the company have?
As of 2023, New Jersey Resources has 1,350 employees.