George Zoffinger - NewJersey Resources CEO

NJR Stock  USD 42.19  0.64  1.54%   

CEO

Mr. George R. Zoffinger serves as Independent Director of the Company. He works with Virgin Media, Inc. and Hightower Securities, LLC . He was President and Chief Executive Officer, Constellation Capital Corporationration, a financial services company, since December 2007 President and Chief Executive Officer, New Jersey Sports Exposition Authority from March 2002 to December 2007 Chairman, New Brunswick Development Corporationrationration, a notforprofit urban real estate development company. Mr. Zoffingers leadership experience and work with public companies has provided him financial, corporate governance and real estate development expertise and experience with executive compensation issues, which are important to his roles as a member of the NCGC. In addition, he brings to the Board corporate development experience and knowledge gained from his leadership and board positions, including his tenure on the Board. since 1996.
Age 72
Tenure 28 years
Address 1415 Wyckoff Road, Wall, NJ, United States, 07719
Phone732 938 1000
Webhttps://www.njresources.com

George Zoffinger Latest Insider Activity

Tracking and analyzing the buying and selling activities of George Zoffinger against NewJersey Resources stock is an integral part of due diligence when investing in NewJersey Resources. George Zoffinger insider activity provides valuable insight into whether NewJersey Resources is net buyers or sellers over its current business cycle. Note, NewJersey Resources insiders must abide by specific rules, including filing SEC forms every time they buy or sell NewJersey Resources'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

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 04/19/2024, 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 04/19/2024, 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.
The company has 3.29 B in debt with debt to equity (D/E) ratio of 1.72, which is OK given its current industry classification. NewJersey Resources has a current ratio of 0.68, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist NewJersey Resources until it has trouble settling it off, either with new capital or with free cash flow. So, NewJersey Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NewJersey Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NewJersey to invest in growth at high rates of return. When we think about NewJersey Resources' use of debt, we should always consider it together with cash and equity.

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New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company was incorporated in 1981 and is headquartered in Wall, New Jersey. Newjersey Resources operates under UtilitiesRegulated Gas classification in the United States and is traded on New York Stock Exchange. It employs 1288 people. NewJersey Resources (NJR) is traded on New York Stock Exchange in USA. It is located in 1415 Wyckoff Road, Wall, NJ, United States, 07719 and employs 1,350 people. NewJersey Resources is listed under Gas Utilities category by Fama And French industry classification.

Management Performance

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.

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When determining whether NewJersey Resources is a strong investment it is important to analyze NewJersey Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NewJersey Resources' future performance. For an informed investment choice regarding NewJersey Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NewJersey Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
To learn how to invest in NewJersey Stock, please use our How to Invest in NewJersey Resources guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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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.