South Jersey Industries Explained
| South Jersey Industries, Inc. |
| Foundation: | 1910 |
| Founder: | Clarence H. Geist |
| Location City: | Folsom, New Jersey |
| Location Country: | U.S. |
| Key People: | Michael J. Renna (President & CEO) Stephen H. Clark (Executive Vice President) Steven R. Cocchi (Senior Vice President & Chief Strategy and Development Officer)
Kenneth Lynch (Senior Vice President & Chief Accounting and Risk Officer)
Kathleen A. McEndy (Senior Vice President & Chief Administrative Officer)
Melissa Orsen (Senior Vice President & Corporate Counsel)
Dave Robbins (Senior Vice President)
|
| Industry: | Utilities |
| Products: | Electricity
Natural gas |
| Revenue: | US$ 925.067 million (2010) |
| Operating Income: | US$ 116.492 million (2010) |
| Net Income: | US$ 66.652 million (2010) |
| Assets: | US$ 2.076 billion (2010) |
| Equity: | US$ 570.097 million (2010) |
| Num Employees: | 2000 |
South Jersey Industries is an energy services holding company for a natural gas utility and other, non-regulated companies. SJI's family of companies include:
- South Jersey Gas - delivering natural gas to more than 380,000[1] residential, commercial and industrial customers in New Jersey’s seven southern counties.
- South Jersey Energy Solutions - As the parent company for South Jersey Industries’ non-regulated businesses, SJES provides energy to commercial and industrial customers.
- South Jersey Energy - SJE is a licensed, deregulated energy supplier.
- South Jersey Resources Group - SJRG is a non-regulated, wholesale natural gas marketing company. SJRG provides natural gas commodity, storage, and wholesale and transportation services to more than 83 customers throughout the southern, eastern and mid-western portions of the country, including Fortune 500 companies, energy marketers, natural gas and electric utilities and natural gas producers.
- South Jersey Energy Service Plus - Acquired by HomeServe USA[2]
The company was publicly traded on the New York Stock Exchange until 2023.[3] The company was taken private by the Infrastructure Investments Fund of J.P. Morgan & Co.[4]
Notes and References
- Web site: South Jersey Industries Raises Dividend Three Percent | South Jersey Industries . www.sjindustries.com . 17 January 2022 . https://web.archive.org/web/20171215000133/https://www.sjindustries.com/newsroom/press-release/sji/south-jersey-industries-raises-dividend-three-percent . 15 December 2017 . dead.
- Web site: HomeServe USA : HomeServe USA Completes Acquisition of HVAC and Plumbing Operations from South Jersey Energy Service Plus News. www.homeserveusa.com.
- Web site: NYSE, New York Stock Exchange > About the NYSE > Listed Companies > Listed Company Directory South Jersey Industries Inc . www.nyse.com . 17 January 2022 . https://web.archive.org/web/20041224035511/http://www.nyse.com/about/listed/sji.html . 24 December 2004 . dead.
- Infrastructure Investments Fund Completes Acquisition of South Jersey Industries, Inc. . February 1, 2023 . GlobeNewswire.
