What is New Jersey Resources's CEV — natural gas purchases?

New Jersey Resources (NJR) reported CEV — natural gas purchases of $0 in Q1 2026.

What does CEV — natural gas purchases mean?

Represents the total cost incurred by the segment for the procurement of natural gas supplies. This metric reflects the direct commodity costs associated with the segment's operational activities and energy supply obligations.

New Jersey Resources (NJR) CEV — Natural gas purchases

Screener

Other segment segments

NJNG

$276.57M+0.5%

$139.94M-7.8%

S&T

$461K+681%

Similar metrics at other companies

NFGUtility — Purchased Gas

$66.24M+3.0%

NFGAll Other — Purchased Gas

$0—

DUKNatural Gas Reserves — Cost of Sales

$158M+103%

VIARetail Natural Gas — Retail cost of revenues

$51.65M+38.9%

EPDNatural Gas Pipelines & Services — Cost of Sales

$107M-83.4%

NFGPipeline and Storage — Purchased Gas

$0—

Other financials

Income statement

See full

Revenue$939.4M+2.9%

Operating income$301.0M+7.5%

Net income$218.9M+7.2%

EPS (diluted)$2.16+6.9%

Balance sheet

See full

Cash & equivalents$126.4M+49.3%

Total debt$3.6B+8.1%

Total equity$2.6B+6.9%

Total assets$7.9B+9.3%

Cash flow

See full

Operating cash flow$562.6M+33.0%

CapEx$42.1M+118%

Free cash flow$572.6M+35.2%

Valuation

See full

Market cap$5.53B+18.3%

Enterprise value$9.01B+9.8%

P/E16.2×+4.8×

P/S2.5×+0.3×

Profitability

See full

Gross margin32.2%—

Operating margin23.8%-6.1pp

Net margin15.7%-4.4pp

FCF margin27.8%+4.7pp

Returns & leverage

See full

Return on equity13.3%-4.5pp

Debt / equity1.4×0.0×

Current ratio0.9×0.0×

Where this comes from

Reported directly by New Jersey Resources in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

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)	NJNG	CEV	ES	S&T	Total
Reconciliation to consolidated revenue
Corporate and other (1)					14,720
Total operating revenues					$939,401
Natural gas purchases	276,567	—	139,938	461	416,966
Operation and maintenance	65,715	10,549	9,770	12,222	98,256
Regulatory rider expenses	59,450	—	—	—	59,450
Depreciation and amortization	37,509	7,121	43	5,169	49,842
Interest income (2)	648	—	21	2,002	2,671

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is New Jersey Resources's CEV — natural gas purchases?: New Jersey Resources (NJR) reported CEV — natural gas purchases of $0 in Q1 2026.
What does CEV — natural gas purchases mean?: Represents the total cost incurred by the segment for the procurement of natural gas supplies. This metric reflects the direct commodity costs associated with the segment's operational activities and energy supply obligations.