New Jersey Resources Corp.
1415 Wyckoff Road
Wall,
NJ 07719
Phone: 732-938-1000
Fax: 732-938-2134
Web Site: http://www.njresources.com
| REUTERS ABRIDGED BUSINESS SUMMARY | |
| New Jersey Resources Corporation provides retail and wholesale energy services. It operates in two segments, Natural Gas Distribution and Energy Services. The Natural Gas Distribution segment provides regulated retail natural gas services to residential and commercial customers in central and northern New Jersey, as well as participates in the off-system sales and capacity release markets. As of September 30, 2009, it served approximately 487,000 customers. The Energy Services segment offers unregulated wholesale energy services, as well as engages in the business of optimizing natural gas storage and transportation assets in states from the Gulf Coast and Mid-Continent regions to the Appalachian and Northeast regions of the United States and Canada. This segment provides its services to local distribution companies, industrial companies, electric generators, retail aggregators, and other wholesale marketing companies. In addition, the companys retail and other business operations consist of energy related investments, appliance and installation services, commercial real estate development, and other corporate activities. It owned approximately 83 acres of undeveloped land in Atlantic and Monmouth counties, and a 56,400 square foot office building on 5 acres of land in Monmouth County. The company was founded in 1922 and is based in Wall, New Jersey. |
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| Key Statistics | More from Reuters
Expanded Business Description |
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| REUTERS ABRIDGED FINANCIAL SUMMARY | |
| | Pay | Exercised | Mr. Laurence M. Downes , 52
Chairman, Chief Exec. Officer, Pres, Member of Exec. Committee, Chairman of New Jersy Natural Gas, Chief Exec. Officer of New Jersey Natural Gas, Chief Exec. Officer of NJR Energy Services, Chief Exec. Officer of NJR Service, Pres of NJR Energy Services and Pres of NJR Service
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$
1.39M |
$
0 | Mr. Glenn C. Lockwood , 49
Chief Financial Officer, Principal Accounting Officer, Sr. VP, Chief Financial Officer of NJR Service, Chief Financial Officer of Commercial Realty & Resources, Chief Financial Officer of NJR Energy Services, Chief Financial Officer of NJR Home Services, Sr. VP of NJR Home Services, Sr. VP of NJR Energy Services, Sr. VP of NJR Service and Sr. VP of Commercial Realty & Resources |
$
416.00K |
$
702.00K | Mr. George R. Zoffinger , 61
Director, Chairman of Nominating/Corp. Governance Committee, Member of Leadership Devel. & Compensation Committee, Member of Exec. Committee, Chief Exec. Officer of New Jersey Sports & Exposition Authority, Pres of New Jersey Sports & Exposition Authority of New Jersey Natural Gas |
$
73.00K | N/A | Mr. Joseph P. Shields , 53
Chief Operating Officer of NJR Energy Services, Exec. VP of NJR Energy Services and Sr. VP of Energy Services - NJNG |
$
824.00K |
$
1.10M | Ms. Kathleen T. Ellis , 57
Sr. VP of Corp. Affairs & Marketing, Chief Operating Officer of New Jersey Natural Gas and Exec. VP of New Jersey Natural Gas |
$
427.00K |
$
267.00K |
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Dollar amounts are as of
31-Dec-09
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
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