New Jersey Resources: Rate Base Expansion Key To Sustained Dividend (NYSE:NJR)

Aerial view of electric poles in green wheat fields. Renewable energy.

Daniel Balakov

New Jersey Resources (NYSE:NJR) is a New Jersey-based energy services firm with operations across natural gas, renewables and electricity, and other energy services.

Through these activities, NJR has achieved Q3’23 revenues of $251.43mn – a 54.43% decline – alongside a

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