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NEW JERSEY RESOURCES CORPORATION

(NJR)
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New Jersey Resources : NOMINATE THE NEW JERSEY NATURAL GAS WARMEST HEART CUSTOMER

11/24/2021 | 03:20pm EST

New Jersey Natural Gas

NOMINATE THE NEW JERSEY NATURAL GAS WARMEST HEART CUSTOMER 11/24/2021 - For Immediate Release

Wall, N.J. - Today, New Jersey Natural Gas (NJNG) announced its latest contest, NJNG's Warmest Heart Customer, which includes a chance to win a $500 Visa gift card.* NJNG invites its customers to nominate a fellow customer with a "warm heart." Whether that person gives back to the community, has been a healthcare worker during the pandemic or is simply a kind person deserving of recognition, we want to hear their stories.

Beginning on December 1, enter the contest by emailing warmheart@njng.com,detailing howthe nominee has had a positive impact on the community in the past year. The winning Warmest Heart Customer will receive a $500 Visa gift card, and their nominator will receive a warm NJNG blanket.*

"At NJNG, we are always in the community and know our customers have been helping their neighbors in countless ways every day - especially during the pandemic. We want to recognize them for their warm-hearted gestures and dedication to serving the neighborhoods we call home," said Tom Hayes, director of customer and community relations at New Jersey Natural Gas.

Winners will be announced on Valentine's Day, 2022.

*NO PURCHASE NECESSARY. A PURCHASE WILL NOT INCREASE OR IMPROVE ONE'S CHANCES OF WINNING. Must be a legal resident of New Jersey, at least 18 years or older, who are customers of NJNG at time of entry. Sweepstakes begins on 12/1/21 and ends 2/1/22. This contest is in no way sponsored, endorsed or administered by or associated with Visa. For official rules, visit njng.com/warmestheart. VOID WHERE PROHIBITED.

About New Jersey Resources

New Jersey Resources (NYSE: NJR) is a Fortune 1000 company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. NJR is composed of five primary businesses:

New Jersey Natural Gas, NJR's principal subsidiary, operates and maintains over 7,500 miles of natural gas transportation and distribution infrastructure to serve over half a million customers in New Jersey's Monmouth, Ocean and parts of Morris, Middlesex and Burlington counties.

NJR Clean Energy Ventures invests in, owns and operates solar and onshore wind projects with a total capacity of more than 365 megawatts, providing residential and commercial customers with low-carbon solutions.

NJR Energy Services manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions to its customers across North America.

Storage & Transportation serves customers from local distributors and producers to electric generators and wholesale marketers through its 50% equity ownership in the Steckman Ridge natural gas storage facility and its stake in Dominion Midstream Partners, L.P.

NJR Home Services provides service contracts as well as heating, central air conditioning, water heaters, standby generators, solar and other indoor and outdoor comfort products to residential homes throughout New Jersey.

NJR and its nearly 1,200 employees are committed to helping customers save energy and money by promoting conservation and encouraging efficiency through Conserve to Preserve® and initiatives such as The SAVEGREEN Project® and The Sunlight Advantage®.

For more information about NJR: www.njresources.com.

Follow us on Twitter @NJNaturalGas.

"Like" us on facebook.com/NewJerseyNaturalGas.

Download our free NJR investor relations app for iPad, iPhone and Android.


Contact:

Michael Kinney, Media
732-938-1031

Dennis Puma, Investor
732-938-1229

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Disclaimer

New Jersey Resources Corporation published this content on 24 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2021 20:19:19 UTC.


© Publicnow 2021
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Net income 2022 217 M - -
Net Debt 2022 2 905 M - -
P/E ratio 2022 16,7x
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Nbr of Employees 1 251
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Mean consensus OUTPERFORM
Number of Analysts 9
Last Close Price 37,56 $
Average target price 42,63 $
Spread / Average Target 13,5%
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Managers and Directors
Stephen D. Westhoven President, Chief Executive Officer & Director
Patrick J. Migliaccio Chief Financial Officer & Senior Vice President
Donald L. Correll Chairman
Jacqueline K. Shea Chief Information Officer & Vice President
David A. Trice Independent Director