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New Jersey Resources NJR Payments for Removal Costs
Payments for Removal Costs at other companies
Other financials
Where this comes from
Reported directly by New Jersey Resources in its filing.
Tagged under the XBRL concept us-gaap:PaymentsForRemovalCosts.
The source filing: New Jersey Resources’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 4:00 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000356309-26-000029
| (Thousands) | Six Months Ended / March 31, 2026 | Six Months Ended / March 31, 2025 |
|---|---|---|
| Utility plant | (196,437) | (183,099) |
| Solar equipment | (131,379) | (68,702) |
| Storage and Transportation and other | (31,378) | (14,334) |
| Cost of removal | (16,482) | (20,438) |
| Distribution from equity investees in excess of equity in earnings | — | 318 |
| Proceeds from sale of assets | — | 134,036 |
| Cash flows used in investing activities | (375,676) | (152,219) |
| CASH FLOWS USED IN FINANCING ACTIVITIES |
Item 1. Unaudited Condensed Consolidated Financial Statements
FAQ
- What is New Jersey Resources's payments for removal costs?
- New Jersey Resources (NJR) reported payments for removal costs of $5.69M in Q1 2026.
- How has New Jersey Resources's payments for removal costs changed year-over-year?
- New Jersey Resources's payments for removal costs decreased by 41.1% year-over-year, from $9.66M to $5.69M.
- What is the long-term trend for New Jersey Resources's payments for removal costs?
- Over 4 years (2021 to 2025), New Jersey Resources's payments for removal costs has grown at a -2.2% compound annual growth rate (CAGR), from $50.32M to $46.03M.
- What does payments for removal costs mean?
- Reflects cash outflows associated with the decommissioning, dismantling, or removal of long-lived assets at the end of their useful life. These costs are often linked to environmental remediation or site restoration requirements common in utility and infrastructure industries. High or increasing payments may indicate significant asset retirement obligations or aging infrastructure requiring replacement.
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