New Jersey Resources Corp
NJR: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$91.00 | Rtctxm | Zgtgvfdn |
NJR's Solar Investments Boost Growth Outlook
Business Strategy and Outlook
New Jersey Resources remains at its core a growing regulated gas distribution utility. However, management's investments in nonregulated energy businesses such as solar and natural gas midstream are paying off nicely for investors.