David Trice - NewJersey Resources Independent Director
| NJR Stock | USD 43.48 0.14 0.32% |
Director
Mr. David A. Trice, J.D., serves as Independent Director of New Jersey Resources Corporationrationration. He also works with McDermott International, Inc. QEP Resources, Inc. and Select Energy Services, Inc. . He is a Retired. Chairman from September 2004 to May 2010, President and Chief Executive Officer from February 2000 to May 2009, President and Chief Operating Officer from 1999 to 2000 and Vice President Finance and International from 1997 to 1999, Newfield Exploration Company, a public independent crude oil and natural gas exploration and production company Director, Rockwater Energy Solutions, Inc., a private fluids and environmental solutions provider that provides a wide range of products and services to the oil and gas industry, from August 2012 to October 2017 Past Chairman, Americas Natural Gas Alliance, Inc. and the American Exploration and Production Council. A career with over 30 years of experience with energy companies such as Newfield Exploration Company has given Mr. Trice extensive knowledge of the energy industry, particularly natural gas, as well as other operational expertise, which is essential to our Board in understanding and evaluating our business. Mr. Trice also brings to our Board experience gained from holding senior leadership and board positions at public companies and industry groups that provides our Board with significant experience in risk oversight, financial policy, executive compensation and corporate governance matters, which are particularly relevant to his service on the LDCC and the NCGC. In addition, Mr. Trices extensive experience in the energy industry and his familiarity with the relevant issues provide the Board with a valuable perspective. since 2004.
| Age | 72 |
| Tenure | 20 years |
| Address | 1415 Wyckoff Road, Wall, NJ, United States, 07719 |
| Phone | 732 938 1000 |
| Web | https://www.njresources.com |
NewJersey Resources Management Efficiency
The company has Return on Asset of 0.0346 % which means that on every $100 spent on assets, it made $0.0346 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1194 %, implying that it generated $0.1194 on every 100 dollars invested. NewJersey Resources' management efficiency ratios could be used to measure how well NewJersey Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/30/2024, Return On Capital Employed is likely to grow to 0.12, while Return On Tangible Assets are likely to drop 0.05. At this time, NewJersey Resources' Total Assets are relatively stable compared to the past year. As of 04/30/2024, Non Current Assets Total is likely to grow to about 7.3 B, while Other Assets are likely to drop slightly above 465.4 M.Similar Executives
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Management Performance
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0346 |
NewJersey Resources Leadership Team
Elected by the shareholders, the NewJersey Resources' board of directors comprises two types of representatives: NewJersey Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NewJersey. The board's role is to monitor NewJersey Resources' management team and ensure that shareholders' interests are well served. NewJersey Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NewJersey Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Alfred Koeppe, Independent Director | ||
| Mariellen Dugan, Chief Compliance Officer, Sr. VP, General Counsel and Member of Risk Management Committee | ||
| John Bremner, Vice President of NJR Midstream | ||
| Stephen Skrocki, Principal Controller | ||
| Jane Kenny, Independent Director | ||
| Dave Johnson, Vice President - Corporate Business Development | ||
| Adam Prior, Director Relations | ||
| Thomas OConnor, Independent Director | ||
| M Hardwick, Independent Director | ||
| Roberto Bel, Chief Financial Officer, Senior Vice President | ||
| Robert Evans, Independent Director | ||
| Lawrence Codey, Lead Independent Director | ||
| Lori DelGiudice, Senior Resources | ||
| Laurence Downes, Chairman, CEO and President and Member of Executive Committee | ||
| David Johnson, Vice Development | ||
| George Zoffinger, Independent Director, Member of Nominating/Corporate Governance Committee, CEO of New Jersey Sports and Exposition Authority and President of New Jersey Sports and Exposition Authority and Director of New Jersey Natural Gas | ||
| Amy Cradic, Senior Vice President and Chief Operating Officer of Non-Utility Businesses, Strategy and External Affairs | ||
| Gregory Aliff, Independent Director | ||
| Maureen Borkowski, Director | ||
| Mark Valori, Vice President, Clean Energy Ventures | ||
| Richard Reich, Senior Vice President, General Counsel and Corporate Secretary | ||
| Glenn Lockwood, Executive VP and Chairman of Risk Management Committee | ||
| Thomas Massaro, Senior Vice President - Marketing, Customer Service and Energy | ||
| Robert Pohlman, Vice President Strategy, Communications, Government Relations and Policy | ||
| Daniel Sergott, Treasurer | ||
| Sharon Taylor, Independent Director | ||
| Stephen Westhoven, President, Chief Operating Officer, Director | ||
| Amanda Mullan, Chief Human Resource Officer, Senior Vice President | ||
| M Howard, Independent Director | ||
| Keith Hartman, Vice President - NJR Home Services | ||
| Nancy Washington, Senior Vice President General Counsel | ||
| Deborah Zilai, Vice President - Corporate Services of NJR Service Corporation | ||
| Patrick Migliaccio, Chief Financial Officer, Senior Vice President | ||
| Stanley Kosierowski, President of NJR Clean Energy Ventures and NJR Home Services | ||
| Terry Strange, Independent Director | ||
| William Howard, Independent Director | ||
| James DeGraffenreidt, Independent Director | ||
| Donald Correll, Independent Chairman of the Board | ||
| David Trice, Independent Director | ||
| Jamie Kent, Treasurer | ||
| Kathleen Ellis, Sr. VP of Corporate Affairs, COO of New Jersey Natural Gas and Executive VP of New Jersey Natural Gas | ||
| Jacqueline Shea, Chief Information Officer, Vice President | ||
| Timothy Shea, Vice President - Energy Trading | ||
| J Strange, Independent Director |
NewJersey Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is NewJersey Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0346 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | (0.07) % | ||||
| Current Valuation | 7.49 B | ||||
| Shares Outstanding | 98.3 M | ||||
| Shares Owned By Insiders | 0.47 % | ||||
| Shares Owned By Institutions | 72.90 % | ||||
| Number Of Shares Shorted | 2.43 M | ||||
| Price To Earning | 17.27 X |
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When running NewJersey Resources' price analysis, check to measure NewJersey Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NewJersey Resources is operating at the current time. Most of NewJersey Resources' value examination focuses on studying past and present price action to predict the probability of NewJersey Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewJersey Resources' price. Additionally, you may evaluate how the addition of NewJersey Resources to your portfolios can decrease your overall portfolio volatility.
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Is NewJersey Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NewJersey Resources. If investors know NewJersey will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NewJersey Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.88) | Dividend Share 1.62 | Earnings Share 2.43 | Revenue Per Share 17.527 | Quarterly Revenue Growth 0.23 |
The market value of NewJersey Resources is measured differently than its book value, which is the value of NewJersey that is recorded on the company's balance sheet. Investors also form their own opinion of NewJersey Resources' value that differs from its market value or its book value, called intrinsic value, which is NewJersey Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NewJersey Resources' market value can be influenced by many factors that don't directly affect NewJersey Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NewJersey Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if NewJersey Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NewJersey Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.