What does ES — natural gas in storage, at average cost mean?

This metric measures the monetary value of natural gas inventory held in storage facilities, calculated using the average cost method. It provides insight into the company's working capital tied up in commodity reserves and its exposure to inventory valuation fluctuations.

New Jersey Resources NJR ES — Natural gas in storage, at average cost

Other segment segments

NJNG

$42.49M-39.9%

S&T

$1.26M+712%

Similar metrics at other companies

SRNatural gas for sale

$126.6M+14.6%

NINatural gas for sale

$88.4M+107%

CMS

CMSEnergy Related Inventory Gas Stored Underground

$257M+4.0%

ATOEnergy Related Inventory Gas Stored Underground

$135.87M+39.7%

NFGEnergy Related Inventory Gas Stored Underground

$4.77M-25.7%

VSTFuel stock and natural gas in storage — Inventories — net

$427M—

Other financials

Income statement

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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

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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

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Operating cash flow$562.6M+33.0%

CapEx$42.1M+118%

Free cash flow$572.6M+35.2%

Valuation

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Market cap$5.56B+12.6%

Enterprise value$9.04B+10.3%

P/E16.3×+4.4×

P/S2.6×+0.2×

Profitability

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Gross margin32.2%—

Operating margin23.8%-6.1pp

Net margin15.7%-4.4pp

FCF margin27.8%+4.7pp

Returns & leverage

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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:EnergyRelatedInventoryNaturalGasInStorage.

The official record: New Jersey Resources’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is New Jersey Resources's ES — natural gas in storage, at average cost?: New Jersey Resources (NJR) reported ES — natural gas in storage, at average cost of $16.79M in Q1 2026.
How has New Jersey Resources's ES — natural gas in storage, at average cost changed year-over-year?: New Jersey Resources's ES — natural gas in storage, at average cost decreased by 41.4% year-over-year, from $28.67M to $16.79M.
What does ES — natural gas in storage, at average cost mean?: This metric measures the monetary value of natural gas inventory held in storage facilities, calculated using the average cost method. It provides insight into the company's working capital tied up in commodity reserves and its exposure to inventory valuation fluctuations.