New Jersey Resources Corp - Company Profile
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New Jersey Resources Corp (NJR) provides energy and natural gas services including transportation, distribution and asset management. Storage and Transportation services, clean energy ventures and firm distribution network strengthened its operations, even as performance of natural gas distribution network is a cause for concern. Outlook of renewable energy in the US, infrastructure programs and basic gas supply service incentive program could provide growth opportunities to the company. However, fluctuations in gas prices, price of utility-generated electricity and seasonality of operations could affect its business.
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