New Jersey Natural Gas Company Credit Rating - Moody's (2024)

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New Jersey Natural Gas Company

Ticker:NJR

Moody's Org ID:548000

LEI:SW8I7YA7RW06V8NH5O41

Market Segment:Infrastructure & Project Finance

Industry:ENERGY: GAS - DISTRIBUTION

Peer Group:Regulated Electric and Gas Utilities

Domicile:United States

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Research Ratings & Assessments Family Tree Peer Group

Issuer ResearchNew Jersey Natural Gas CompanyCredit Rating-Moody's (3) Industry ResearchNew Jersey Natural Gas CompanyCredit Rating-Moody's (4) Family Tree ResearchNew Jersey Natural Gas CompanyCredit Rating-Moody's (5) Methodology

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Date New Jersey Natural Gas CompanyCredit Rating-Moody's (8) Document Type Title Source
29 Sep 2023 Credit Opinion

New Jersey Natural Gas CompanyCredit Rating-Moody's (9)

New Jersey Natural Gas CompanyCredit Rating-Moody's (10)

New Jersey Natural Gas Company: Update to credit analysis

Moody's Investors Service
01 Aug 2023 Announcement of Periodic Review

New Jersey Natural Gas CompanyCredit Rating-Moody's (11)

New Jersey Natural Gas CompanyCredit Rating-Moody's (12)

Moody's announces completion of a periodic review for a group of North American Utilities issuers

Moody's Investors Service
28 Sep 2022 Credit Opinion

New Jersey Natural Gas CompanyCredit Rating-Moody's (13)

New Jersey Natural Gas CompanyCredit Rating-Moody's (14)

New Jersey Natural Gas Company: Update to credit analysis

Moody's Investors Service
25 Aug 2022 Announcement of Periodic Review

New Jersey Natural Gas CompanyCredit Rating-Moody's (15)

New Jersey Natural Gas CompanyCredit Rating-Moody's (16)

Moody's announces completion of a periodic review for a group of North American Utilities issuers

Moody's Investors Service
30 Sep 2021 Announcement of Periodic Review

New Jersey Natural Gas CompanyCredit Rating-Moody's (17)

New Jersey Natural Gas CompanyCredit Rating-Moody's (18)

Moody's announces completion of a periodic review of ratings of New Jersey Natural Gas Company

Moody's Investors Service
11 May 2021 Credit Opinion

New Jersey Natural Gas CompanyCredit Rating-Moody's (19)

New Jersey Natural Gas CompanyCredit Rating-Moody's (20)

New Jersey Natural Gas Company: Update to credit analysis

Moody's Investors Service
16 Oct 2020 Announcement of Periodic Review

New Jersey Natural Gas CompanyCredit Rating-Moody's (21)

New Jersey Natural Gas CompanyCredit Rating-Moody's (22)

Moody's announces completion of a periodic review of ratings of New Jersey Natural Gas Company

Moody's Investors Service
20 Mar 2020 Credit Opinion

New Jersey Natural Gas CompanyCredit Rating-Moody's (23)

New Jersey Natural Gas CompanyCredit Rating-Moody's (24)

New Jersey Natural Gas Company: Update following downgrade

Moody's Investors Service
18 Mar 2020 Rating Action

New Jersey Natural Gas CompanyCredit Rating-Moody's (25)

New Jersey Natural Gas CompanyCredit Rating-Moody's (26)

Moody's downgrades New Jersey Natural Gas' senior secured rating to A1, outlook is stable.

Moody's Investors Service
07 Nov 2019 Announcement of Periodic Review

New Jersey Natural Gas CompanyCredit Rating-Moody's (27)

New Jersey Natural Gas CompanyCredit Rating-Moody's (28)

Moody's announces completion of a periodic review of ratings of New Jersey Natural Gas Company

Moody's Investors Service
08 Feb 2019 Credit Opinion

New Jersey Natural Gas CompanyCredit Rating-Moody's (29)

New Jersey Natural Gas CompanyCredit Rating-Moody's (30)

New Jersey Natural Gas Company: Update following a downgrade to Aa3 secured rating and outlook remains negative

Moody's Investors Service
07 Feb 2019 Rating Action

New Jersey Natural Gas CompanyCredit Rating-Moody's (31)

New Jersey Natural Gas CompanyCredit Rating-Moody's (32)

Moody's Downgrades New Jersey Natural Gas Company Senior Secured Rating to Aa3 from Aa2, outlook is negative

Moody's Investors Service
02 Feb 2018 Credit Opinion

New Jersey Natural Gas CompanyCredit Rating-Moody's (33)

New Jersey Natural Gas CompanyCredit Rating-Moody's (34)

New Jersey Natural Gas Company: Update following the affirmation of Aa2 secured rating and outlook change to negative

Moody's Investors Service
19 Jan 2018 Rating Action

New Jersey Natural Gas CompanyCredit Rating-Moody's (35)

New Jersey Natural Gas CompanyCredit Rating-Moody's (36)

Moody's changes outlooks on 25 US regulated utilities primarily impacted by tax reform

Moody's Investors Service
04 Oct 2017 Credit Opinion

New Jersey Natural Gas CompanyCredit Rating-Moody's (37)

New Jersey Natural Gas CompanyCredit Rating-Moody's (38)

New Jersey Natural Gas Company: Update to credit analysis

Moody's Investors Service
04 Oct 2016 Credit Opinion

New Jersey Natural Gas CompanyCredit Rating-Moody's (39)

New Jersey Natural Gas CompanyCredit Rating-Moody's (40)

New Jersey Natural Gas Company: Natural gas LDC of New Jersey Resources

Moody's Investors Service
23 Sep 2015 Credit Opinion

New Jersey Natural Gas CompanyCredit Rating-Moody's (41)

New Jersey Natural Gas CompanyCredit Rating-Moody's (42)

New Jersey Natural Gas Company

Moody's Investors Service
18 Dec 2014 Credit Focus

New Jersey Natural Gas CompanyCredit Rating-Moody's (43)

New Jersey Natural Gas CompanyCredit Rating-Moody's (44)

US Utilities: New Jersey Natural Gas and South Jersey Gas: Peer Comparison

Moody's Investors Service
18 Dec 2014 Credit Focus

New Jersey Natural Gas CompanyCredit Rating-Moody's (45)

New Jersey Natural Gas CompanyCredit Rating-Moody's (46)

US Utilities: New Jersey Natural Gas and South Jersey Gas: Peer Comparison

Moody's Investors Service
24 Sep 2014 Announcement

New Jersey Natural Gas CompanyCredit Rating-Moody's (47)

New Jersey Natural Gas CompanyCredit Rating-Moody's (48)

Moody's: New Jersey Natural Gas Company Aa2 rating unchanged based on expected voluntary mortgage indenture update; stable outlook

Moody's Investors Service
30 Jan 2014 Rating Action

New Jersey Natural Gas CompanyCredit Rating-Moody's (49)

New Jersey Natural Gas CompanyCredit Rating-Moody's (50)

Moody's upgrades New Jersey Natural Gas; Outlook stable

Moody's Investors Service
08 Nov 2013 Rating Action

New Jersey Natural Gas CompanyCredit Rating-Moody's (51)

New Jersey Natural Gas CompanyCredit Rating-Moody's (52)

Moody's places ratings of most US regulated utilities on review for upgrade

Moody's Investors Service
02 Mar 2012 Announcement

New Jersey Natural Gas CompanyCredit Rating-Moody's (53)

New Jersey Natural Gas CompanyCredit Rating-Moody's (54)

Moody's Disclosures on Credit Ratings of New Jersey Natural Gas Company

Moody's Investors Service
24 Aug 2011 Rating Action

New Jersey Natural Gas CompanyCredit Rating-Moody's (55)

New Jersey Natural Gas CompanyCredit Rating-Moody's (56)

Moody's assigns Aa3/P-1 to New Jersey Economic Development Authority Natural Gas Facilities Refunding Revenue Bonds, Series 2011A, 2011B, 2011C (New Jersey Natural Gas Company Project)

Moody's Investors Service
22 Dec 2009 Rating Action

New Jersey Natural Gas CompanyCredit Rating-Moody's (57)

New Jersey Natural Gas CompanyCredit Rating-Moody's (58)

Moody's affirms New Jersey Natural Gas' secured ratings; changes outlook to stable

Moody's Investors Service
17 Dec 2008 Rating Action

New Jersey Natural Gas CompanyCredit Rating-Moody's (59)

New Jersey Natural Gas CompanyCredit Rating-Moody's (60)

Moody's Changes New Jersey Natural Gas (Aa3 sr. secd.) Outlook to Negative from Stable; Affirms P-1 CP Rating

Moody's Investors Service
21 Nov 2006 Liquidity Risk Assessment

New Jersey Natural Gas CompanyCredit Rating-Moody's (61)

New Jersey Natural Gas CompanyCredit Rating-Moody's (62)

New Jersey Natural Gas Company

Moody's Investors Service
04 Sep 2003 Rating Action

New Jersey Natural Gas CompanyCredit Rating-Moody's (63)

New Jersey Natural Gas CompanyCredit Rating-Moody's (64)

MOODY'S UPGRADES THE DEBT RATINGS OF NEW JERSEY NATURAL GAS COMPANY TO Aa3 (SR. SEC.) AND CONFIRMS ITS RATING FOR COMMERCIAL PAPER AT PRIME-1. OUTLOOK IS STABLE.

Moody's Investors Service
25 Jun 2003 Rating Action

New Jersey Natural Gas CompanyCredit Rating-Moody's (65)

New Jersey Natural Gas CompanyCredit Rating-Moody's (66)

MOODY'S PLACES THE DEBT RATINGS OF NEW JERSEY NATURAL GAS COMPANY UNDER REVIEW FOR POSSIBLE UPGRADE (A2 SR. SEC.) AND CONFIRMS THE COMMERCIAL PAPER RATING AT PRIME-1.

Moody's Investors Service
15 Oct 1997 Rating Action

New Jersey Natural Gas CompanyCredit Rating-Moody's (67)

New Jersey Natural Gas CompanyCredit Rating-Moody's (68)

MOODY'S CONFIRMS SENIOR SECURED RATINGS OF 51 ELECTRIC, GAS, AND WATER UTILITIES

Moody's Investors Service

Results 1-30 Of 30

New Jersey Natural Gas CompanyCredit Rating-Moody's (69) Page 1 Of 1 New Jersey Natural Gas CompanyCredit Rating-Moody's (70)

6The rating history for this credit rating accurately reflects the current status of the (sf) indicator but, due to technical limitations, does not accurately reflect the (sf) indicator history. Please visit the Research tab to view the press release(s) announcing when the (sf) indicator was added or removed.

For credit ratings that are derived exclusively from an existing credit rating of a program, series, category/class of debt, support provider or primary rated entity, or that replace a previously assigned provisional rating at the same rating level, Moody’s publishes a rating announcement on that series, category/class of debt or program as a whole, on the support provider or primary rated entity, or on the provisional rating, but often does not publish a specific rating announcement on each subsequent bond or note for which the credit rating is derived from the existing credit rating. Rating announcements are usually press releases classified as Rating Actions on www.moodys.com. Please refer to the Research tab on the issuer/entity page for the rating announcement.

New Jersey Natural Gas Company Credit Rating - Moody's (2024)

FAQs

Who owns Moody's credit rating? ›

What is the credit rating of Northwest Natural Gas? ›

NW Natural has secured credit ratings of AA- and A2 by S&P and Moody's, respectively (senior secured long-debt rating) with a stable ratings outlook from both agencies.

Who pays for Moody's ratings? ›

Pursuant to Section 17(b) of the Securities Act of 1933, MOODY'S hereby discloses that most issuers of debt securities (including corporate and municipal bonds, debentures, notes and commercial paper) and preferred stock rated by MOODY'S have, prior to assignment of any rating, agreed to pay to MOODY'S for appraisal ...

Who is the number one consumer of natural gas? ›

. The United States remains by far the biggest consumer, accounting for nearly a quarter of global consumption.

What is natural gas fuel rating? ›

Premium gasoline is 91 octane, while natural gas has an octane rating of approximately 130. This higher octane allows for the increased engine compression and combustion efficiency of CNG. Oil-based fuels have price volatility, supply disruptions, and ever increasing regulatory burdens.

Who is Moody's Analytics owned by? ›

Moody's, previously known as Moody's Analytics, is a subsidiary of Moody's Corporation established in 2007 to focus on non-rating activities.

Who is the owner of Moody brand? ›

SHUBHIKA JAIN, Founder & CEO, RAS and Moody.

Is Moody's a government agency? ›

Moody's Corporation is an American company that owns Moody's Investors Service and Moody's Analytics. Moody's Investors Service provides investors with credit ratings for companies, governments, and the securities they issue.

Who is the CEO of Moody's ratings? ›

Rob Fauber is President & Chief Executive Officer of Moody's and a member of the Board of Directors. Rob's career spans nearly 35 years across business information, finance and risk, and he has served as Chief Executive Officer of Moody's since 2021.

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