James DeGraffenreidt - NewJersey Resources Independent Director
| NJR Stock | USD 51.61 0.90 1.77% |
Director
James DeGraffenreidt is Independent Director of NewJersey Resources since 2019.
| Age | 67 |
| Tenure | 5 years |
| Address | 1415 Wyckoff Road, Wall, NJ, United States, 07719 |
| Phone | 732 938 1000 |
| Web | https://www.njresources.com |
NewJersey Resources Management Efficiency
The company has Return on Asset of 0.0359 % which means that on every $100 spent on assets, it made $0.0359 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1139 %, implying that it generated $0.1139 on every 100 dollars invested. NewJersey Resources' management efficiency ratios could be used to measure how well NewJersey Resources manages its routine affairs as well as how well it operates its assets and liabilities. At this time, NewJersey Resources' Return On Tangible Assets are relatively stable compared to the past year. As of 11/28/2024, Return On Capital Employed is likely to grow to 0.12, while Return On Equity is likely to drop 0.06. At this time, NewJersey Resources' Total Assets are relatively stable compared to the past year. As of 11/28/2024, Non Current Assets Total is likely to grow to about 6.7 B, while Other Assets are likely to drop slightly above 465.4 M.Similar Executives
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Management Performance
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0359 |
NewJersey Resources Leadership Team
Elected by the shareholders, the NewJersey Resources' board of directors comprises two types of representatives: NewJersey Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NewJersey. The board's role is to monitor NewJersey Resources' management team and ensure that shareholders' interests are well served. NewJersey Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NewJersey Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| John Bremner, Vice President of NJR Midstream | ||
| Stephen Skrocki, Principal Controller | ||
| Jane Kenny, Independent Director | ||
| Dave Johnson, Vice President - Corporate Business Development | ||
| Adam Prior, Director Relations | ||
| Thomas OConnor, Independent Director | ||
| Richard JD, Senior Counsel | ||
| M Hardwick, Independent Director | ||
| Roberto Bel, Chief Financial Officer, Senior Vice President | ||
| Robert Evans, Independent Director | ||
| Lori DelGiudice, Senior Resources | ||
| David Johnson, Vice Development | ||
| George Zoffinger, Independent Director, Member of Nominating/Corporate Governance Committee, CEO of New Jersey Sports and Exposition Authority and President of New Jersey Sports and Exposition Authority and Director of New Jersey Natural Gas | ||
| Amy Cradic, Senior Vice President and Chief Operating Officer of Non-Utility Businesses, Strategy and External Affairs | ||
| Gregory Aliff, Independent Director | ||
| Marissa Travaline, Marketing Service | ||
| Mark Valori, Vice President, Clean Energy Ventures | ||
| Richard Reich, Senior Vice President, General Counsel and Corporate Secretary | ||
| Glenn Lockwood, Executive VP and Chairman of Risk Management Committee | ||
| Thomas Massaro, Senior Vice President - Marketing, Customer Service and Energy | ||
| Robert Pohlman, Vice President Strategy, Communications, Government Relations and Policy | ||
| Daniel Sergott, Treasurer | ||
| Sharon Taylor, Independent Director | ||
| Stephen Westhoven, President, Chief Operating Officer, Director | ||
| Amanda Mullan, Chief Human Resource Officer, Senior Vice President | ||
| M Howard, Independent Director | ||
| Nancy Washington, Senior Vice President General Counsel | ||
| Patrick Migliaccio, Chief Financial Officer, Senior Vice President | ||
| James DeGraffenreidt, Independent Director | ||
| Donald Correll, Independent Chairman of the Board | ||
| David Trice, Independent Director | ||
| Jacqueline Shea, Chief Information Officer, Vice President | ||
| Timothy Shea, Vice President - Energy Trading | ||
| J Strange, Independent Director |
NewJersey Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is NewJersey Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0359 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | (0.07) % | ||||
| Current Valuation | 8.67 B | ||||
| Shares Outstanding | 99.46 M | ||||
| Shares Owned By Insiders | 0.47 % | ||||
| Shares Owned By Institutions | 75.49 % | ||||
| Number Of Shares Shorted | 1.6 M | ||||
| Price To Earning | 17.27 X |
Pair Trading with NewJersey Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NewJersey Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NewJersey Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with NewJersey Stock
| 0.82 | NI | NiSource | PairCorr |
| 0.94 | SR | Spire Inc | PairCorr |
| 0.79 | ATO | Atmos Energy | PairCorr |
| 0.95 | BKH | Black Hills | PairCorr |
| 0.94 | CPK | Chesapeake Utilities | PairCorr |
The ability to find closely correlated positions to NewJersey Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NewJersey Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NewJersey Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NewJersey Resources to buy it.
The correlation of NewJersey Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NewJersey Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NewJersey Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NewJersey Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for NewJersey Stock Analysis
When running NewJersey Resources' price analysis, check to measure NewJersey Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NewJersey Resources is operating at the current time. Most of NewJersey Resources' value examination focuses on studying past and present price action to predict the probability of NewJersey Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewJersey Resources' price. Additionally, you may evaluate how the addition of NewJersey Resources to your portfolios can decrease your overall portfolio volatility.