| Business Summary | | New
Jersey
Resources
Corporation
is
an
energy
services
holding
company
providing
retail
and
wholesale
natural
gas
and
related
energy
services
to
customers
from
the
Gulf
Coast
to
New
England.
Its
subsidiaries
include
New
Jersey
Natural
Gas
Company,
a
local
natural
gas
distribution
company;
NJR
Energy
Services
Company,
formed
to
provide
unregulated
fuel
and
capacity
management
and
other
wholesale
marketing
services;
NJR
Retail
Holdings
Corporation,
formed
as
an
unregulated
affiliate
to
consolidate
the
Company's
unregulated
retail
operations;
NJR
Capital
Corporation,
formed
to
consolidate
the
Company's
energy-related
and
real
estate
investments;
and
NJR
Service
Corporation
formed
to
provide
shared
administrative
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | New
Jersey
Resources
Corp.
is
an
energy
services
holding
company
providing
retail
and
wholesale
natural
gas
and
related
energy
services
to
customers
from
the
Gulf
Coast
to
New
England.
For
the
nine
months
ended
6/30/01,
revenues
rose
from
$880.4
million
to
$1.82
billion.
Net
income
before
acct.
change
and
discontinued
operations
rose
10%
to
$56.4
million.
Results
reflect
customer
growth
and
higher
average
customer
usage,
partially
offset
by
increased
purchased
gas
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Laurence Downes, 43 Chairman,
Pres, CEO | $522K | -- | Glenn Lockwood, 39 Sr.
VP, CFO | 224K | -- | Oleta Harden, 51 Sr.
VP, Gen. Counsel, Sec. | 193K | $7.4K | Dollar
amounts are as of 30-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|