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

Represents the monetary value of natural gas inventory held in underground storage facilities, calculated using the average cost method. This metric reflects the capital tied up in commodity reserves intended for future delivery to utility customers.

New Jersey Resources (NJR) NJNG — Natural gas in storage, at average cost

Screener

Other segment segments

$16.79M-41.4%

S&T

$1.26M+712%

Similar metrics at other companies

WMBNatural Gas, Storage — Revenue

$51M-1.9%

EDFuel oil, gas in storage, materials and supplies, at average cost

$534M+9.0%

VSTFuel stock and natural gas in storage — Inventories — net

$427M—

RGCONatural Gas Pipeline And Storage Capacity — Cost of Goods Sold

$10.21M+32.3%

NWN

NWNWeighted average depreciation rates gas storage

2.5%+0.2pp

CNP

CNPNatural Gas — Non-utility cost of revenues, including natural gas

$0-100%

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$5.53B+18.3%

Enterprise value$9.01B+9.8%

P/E16.2×+4.8×

P/S2.5×+0.3×

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

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:EnergyRelatedInventoryNaturalGasInStorage.

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

($ in thousands)	March 31, 2026 / Natural Gas in Storage	March 31, 2026 / Bcf	September 30, 2025 / Natural Gas in Storage	September 30, 2025 / Bcf
NJNG	$42,487	6.8	$184,099	30.8
ES	16,788	5.2	30,686	13.2
S&T	1,259	0.4	1,051	0.3
Total	$60,534	12.4	$215,836	44.3

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is New Jersey Resources's NJNG — natural gas in storage, at average cost?: New Jersey Resources (NJR) reported NJNG — natural gas in storage, at average cost of $42.49M in Q1 2026.
How has New Jersey Resources's NJNG — natural gas in storage, at average cost changed year-over-year?: New Jersey Resources's NJNG — natural gas in storage, at average cost decreased by 39.9% year-over-year, from $70.7M to $42.49M.
What does NJNG — natural gas in storage, at average cost mean?: Represents the monetary value of natural gas inventory held in underground storage facilities, calculated using the average cost method. This metric reflects the capital tied up in commodity reserves intended for future delivery to utility customers.