NJR Files 8-K on Operations, Financial Condition & Reg FD Disclosure

Ticker: NJR · Form: 8-K · Filed: Feb 6, 2024 · CIK: 356309

Complexity: simple

Sentiment: neutral

Topics: results-of-operations, financial-condition, regulation-fd, corporate-update

TL;DR

**NJR just dropped an 8-K with fresh financial results and operational updates.**

AI Summary

New Jersey Resources Corporation (NJR) filed an 8-K on February 6, 2024, to report its results of operations and financial condition, as well as to make a Regulation FD disclosure. This filing indicates that the company is providing an update on its financial performance, which is crucial for investors to understand the company's current health and future prospects. For shareholders, this means new financial data is available that could influence the stock's valuation and their investment decisions.

Why It Matters

This filing provides investors with the latest financial results and operational updates, which are essential for evaluating New Jersey Resources Corporation's performance and making informed investment decisions.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial results and operations, not indicating any immediate new risks.

Analyst Insight

Investors should review the full financial statements and operational details that accompany this 8-K to understand the specific performance metrics and any forward-looking guidance provided by New Jersey Resources Corporation.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

What is the primary purpose of this 8-K filing by New Jersey Resources Corporation?

The primary purpose of this 8-K filing, dated February 6, 2024, is to report the company's results of operations and financial condition, and to make a Regulation FD Disclosure, as indicated by the 'ITEM INFORMATION' sections.

What is the trading symbol and the exchange where New Jersey Resources Corporation's common stock is registered?

New Jersey Resources Corporation's common stock trades under the symbol NJR and is registered on the New York Stock Exchange, as stated in the 'Securities registered pursuant to Section 12(b) of the Act' section.

What is the par value of New Jersey Resources Corporation's common stock?

The common stock of New Jersey Resources Corporation has a par value of $2.50, as specified under the 'Title of each class' in the filing.

What is the earliest event reported date for this 8-K filing?

The date of the earliest event reported for this 8-K filing is February 6, 2024, as explicitly stated in the 'Date of Report (Date of earliest event reported)' section.

Is New Jersey Resources Corporation considered an 'emerging growth company' according to this filing?

No, New Jersey Resources Corporation is not indicated as an 'emerging growth company,' as the checkbox for 'Emerging growth company' is not marked (indicated by '☐') in the filing.

Filing Stats: 626 words · 3 min read · ~2 pages · Grade level 11 · Accepted 2024-02-06 06:55:36

Key Financial Figures

Filing Documents

02

Item 2.02 Results of Operations and Financial Condition. On February 6, 2024, New Jersey Resources Corporation ("NJR") issued a press release reporting financial results for the first fiscal quarter ended December 31, 2023 (the "Press Release"). A copy of the Press Release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information in Item 2.02 of this Current Report on Form 8-K is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section and shall not be deemed to be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended.

01

Item 7.01 Regulation FD Disclosure. NJR will deliver a presentation via live public webcast on February 6, 2024, at 10 a.m. ET. The slides to be used for the presentation are furnished herewith as Exhibit 99.2 and are incorporated by reference into Item 7.01 of this Current Report on Form 8-K. The information in Item 7.01 of this Current Report on Form 8-K is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section and shall not be deemed to be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Exhibit 99.1 Press Release dated February 6, 2024 (furnished, not filed) 99.2 Presentation dated February 6, 2024 (furnished, not filed) 104 Cover page in Inline XBRL format SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NEW JERSEY RESOURCES CORPORATION Date: February 6, 2024 By: /s/ Roberto F. Bel Roberto F. Bel Senior Vice President and Chief Financial Officer

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