Every material Form 8-K New Jersey Resources filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
New Jersey Resources reported fiscal 2025 net financial earnings per share of $3.29, at the high end of its $3.20 to $3.30 guidance range, up from $2.95 a year earlier. Fourth-quarter results fell sharply, with net financial earnings of $16.2 million ($0.16 per share) versus $88.7 million ($0.89 per share), mainly due to lower Energy Services contributions. The company guided fiscal 2026 net financial earnings per share to $3.03 to $3.18.
Fiscal 2025 net income was $335.6 million ($3.35 per share), up from $289.8 million ($2.94 per share) in fiscal 2024.
Fourth-quarter fiscal 2025 net income was $15.1 million ($0.15 per share), down from $91.1 million ($0.92 per share) a year earlier.
Fiscal 2026 net financial earnings per share guidance is $3.03 to $3.18.
Management will host an earnings presentation via webcast on November 20, 2025, at 10:00 a.m. ET.
On November 4, 2025, New Jersey Resources' compensation committee approved its fiscal 2026 Officer Annual Incentive Plan and granted long-term equity awards to its named executive officers. The awards tie pay to net financial earnings, total shareholder return, and cumulative net financial earnings per share over fiscal 2026 through fiscal 2028.
Annual incentive awards are 50 percent based on fiscal 2026 net financial earnings, 30 percent on individual leadership, and 20 percent on Commitment to Stakeholders goals.
CEO target incentive is 110 percent of base salary; other named executive officers range from 40 to 60 percent.
Performance share units vest after a 36-month period ending September 30, 2028, with payouts from zero to 150 percent of the granted units.
New Jersey Resources expanded its board from eleven to twelve directors and elected Amy B. Mansue, president and CEO of Inspira Health Network, effective November 1, 2025. The filing describes this as a routine board addition with standard director compensation and no related-party transactions.
Board increased from eleven to twelve directors on September 10, 2025, and Amy B. Mansue was unanimously elected
Mansue's election takes effect November 1, 2025; she will stand for re-election at the next Annual Meeting of Shareowners
Compensation follows the Non-Employee Director Compensation Plan, as amended, filed as Exhibit 10.3 to the Form 10-K for fiscal year ended September 30, 2024
Mansue previously served as EVP and Chief Experience Officer at RWJBarnabas Health and is a director of Middlesex Water Company
New Jersey Natural Gas Company, a wholly owned subsidiary of New Jersey Resources, sold $200 million of senior notes to institutional investors under a Note Purchase Agreement dated August 21, 2025. The notes are secured by an equal amount of the subsidiary's First Mortgage Bonds, and the filing states that NJR itself will not be directly or contingently obligated on the notes.
Series A: $100 million at 5.16%, due August 21, 2035
Series B: $100 million at 5.85%, due August 21, 2055
Notes are secured ratably with NJNG's First Mortgage Bonds; NJR is not directly or contingently obligated
Proceeds are for general corporate purposes, including refinancing or retiring short-term debt and funding capital expenditures
New Jersey Resources reported a fiscal third-quarter GAAP net loss of $15.1 million, or $(0.15) per share, wider than the $11.6 million loss a year earlier. Its non-GAAP net financial earnings (NFE) turned positive at $6.2 million, or $0.06 per share, and the company raised the low end of its fiscal 2025 NFE per share guidance by $0.05, to $3.20 to $3.30.
Q3 GAAP net loss of $15.1 million, or $(0.15) per share, versus a net loss of $11.6 million, or $(0.12) per share, in Q3 fiscal 2024
Q3 net financial earnings of $6.2 million, or $0.06 per share, versus a net financial loss of $8.9 million, or $(0.09) per share, a year earlier
Fiscal 2025 NFE per share guidance low end raised $0.05, from $3.15 to $3.30 to $3.20 to $3.30
Q3 total operating revenues of $298.9 million, up from $275.6 million; nine-month net income of $320.6 million, or $3.20 per share
New Jersey Resources reported fiscal second-quarter 2025 net income of $204.3 million, or $2.04 per share, up from $120.8 million, or $1.23 per share, a year earlier. The company raised its fiscal 2025 net financial earnings per share (NFEPS) guidance by $0.10 to $3.15-$3.30, citing outperformance from Energy Services during the winter period, which raises the outlook for shareholders.
Q2 fiscal 2025 net income was $204.3 million ($2.04 per share), versus $120.8 million ($1.23 per share) in Q2 fiscal 2024.
Q2 fiscal 2025 net financial earnings (non-GAAP) were $178.3 million ($1.78 per share), versus $138.6 million ($1.41 per share).
Fiscal 2025 NFEPS guidance raised to $3.15-$3.30 from $3.05-$3.20; the 7 to 9 percent long-term growth target was maintained.
Management will present via live public webcast on May 6, 2025, at 10 a.m. ET.
New Jersey Resources increased its board from ten to eleven directors and elected William T. Yardley, chief executive officer of Portland Natural Gas Transmission System, as a director effective July 1, 2025. He will stand for re-election at the next annual meeting, and his compensation follows the company's standard non-employee director plan.
Board expanded from ten to eleven directors; Yardley elected unanimously by the board on April 16, 2025
Yardley's election is effective July 1, 2025; he will stand for re-election at the next Annual Meeting of Shareowners
Yardley previously was executive vice president and president of gas transmission and midstream at Enbridge, Inc.
Filing does not report any financial results or guidance
New Jersey Resources reported first-quarter fiscal 2025 net income of $131.3 million, or $1.32 per share, up from $89.4 million, or $0.91 per share, a year earlier. The gain was helped by a one-time $54.9 million pre-tax gain from the sale of its residential solar portfolio, and the company kept its fiscal 2025 net financial earnings per share guidance of $3.05 to $3.20.
Net income of $131.3 million, or $1.32 per share, versus $89.4 million, or $0.91 per share, in the prior-year quarter
Net financial earnings of $128.9 million, or $1.29 per share, versus $72.4 million, or $0.74 per share
Fiscal 2025 NFEPS guidance maintained at $3.05 to $3.20, which includes the one-time solar sale gain
Webcast presentation scheduled for February 4, 2025, at 10 a.m. ET
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every New Jersey Resources filing is on SEC EDGAR ↗. 8-K briefs of other companies →