| New Jersey Resources is an energy services holding company whose principal business is the distribution of natural gas through a regulated utility, providing other retail and wholesale energy services to customers and investing in clean energy projects and midstream assets. Co.'s segments are: Natural Gas Distribution, which consists of regulated natural gas services, off-system sales, capacity and storage management operations; Clean Energy Ventures, which consists of capital investments in clean energy projects; Energy Services, which consists of unregulated wholesale and retail energy operations; and Midstream, which consists of investments in the midstream natural gas market. We show 43 historical shares outstanding datapoints in our NJR shares outstanding history coverage, used to compute NJR market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NJR market cap history over the course of time is important for investors
interested in comparing NJR's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of NJR versus a peer is one thing; comparing
NJR market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like NJR can fluctuate over the course of history.
With this page we aim to empower investors researching NJR by allowing them to research the NJR market cap history.