New Jersey Resources: A Compounder With Some Downside Remaining

Lincoln C. Wood
135 Followers

Summary

  • New Jersey Resources has been a strong long-term compounder, with diversification into non-regulated activities helping growth.
  • With more debt in recent years, some points to monitor as this may impact future dividend growth rates.
  • Keep New Jersey Resources on the watchlist and look to start a position to grow income if prices head lower; there remains a limited downside here.

Natural gas meters iin a row. Household energy consumption.

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New Jersey Resources (NYSE:NJR) is an energy services holding company. It has regulated and non-regulated operations. New Jersey Natural Gas is a regulated utility that delivers natural gas to 570,000 customers in New Jersey. The NJR non-regulated

This article was written by

135 Followers
Lincoln C. Wood, PhD, is a seasoned investor with 20 years of experience. He is an Associate Professor of Supply Chain and Operations Management at the University of Otago and an Adjunct Research Fellow at Curtin University. His research focuses on decision-making, risk management, and performance improvement across various industries, focusing on healthcare, construction, and logistics. Specializing in dividend and income investing, Lincoln leverages his expertise in risk management to provide valuable insights for investors. He emphasizes sustainable practices and advanced analytical tools to guide informed investment decisions. His work blends academic research with practical investment strategies. On Seeking Alpha, Lincoln shares his knowledge on dividend investing, income strategies, and risk management, helping readers navigate market uncertainties and achieve steady returns. His multidisciplinary approach and commitment to sustainability make his analyses both comprehensive and practical, offering readers well-rounded perspectives for strategic investment decisions.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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