NJR Energy Services
NJR Energy Services is a wholesale natural gas supply and energy management subsidiary of New Jersey Resources, serving LDCs, electric generators, and large industrial customers across five North American regions.
- Company typePrivate
- Founded1995
- HeadquartersNew Jersey, Trinidad & Tobago
- Headcount11–50
- GTM typeB2B
- OfferingServices
NJR Energy Services firmographics
Firmographics- Name
- NJR Energy Services
- Legal name
- NJR Energy Services
- Website
- https://njrenergyservices.com
- Company type
- Private
- Founded year
- 1995
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- NJR Energy Services is a wholesale natural gas supply and energy management subsidiary of New Jersey Resources, serving LDCs, electric generators, and large industrial customers across five North American regions.
- Ownership category
- akta.pro rank
NJR Energy Services industry classification
Industry- Product category
- Wholesale Natural Gas Supply and Energy Management Services
- NAICS
- Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) (42472)
- SIC
- Natural Gas Transmisison & Distribution (4923)
- akta.pro primary industry
- C&I Retail Natural Gas Supply (EUAGACAB)
- akta.pro secondary industries
- Supply Portfolio & Hedging Strategy (Retail Supply Risk) (EUAJAGAA), Gas Pipeline & Midstream Asset Management (EUAEAMAF)
Keywords
Where NJR Energy Services is headquartered
LocationHeadquarters
- HQ city
- New Jersey
- HQ country
- Trinidad & Tobago
- HQ region
- Latin America
Offices1 record
Markets served
NJR Energy Services business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Infrastructure, Technology or R&D, Personnel, Operations
Revenue model
- Wholesale Natural Gas Supply: Sale of unregulated, wholesale natural gas to consumers across multiple geographic regions including Gulf Coast, Eastern Seaboard, Southwest, Mid-continent, and Canada. Physical asset portfolio includes baseload supplies, peaking supplies, balancing supplies, and storage supplies.
- Energy Management Services: Full-range of customized energy management services including portfolio management, asset tracking software, storage and pipeline capacity management. Services are customized for each customer's unique needs.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels3 records
NJR Energy Services product offering
Product offeringCore offering
NJR Energy Services (NJRES) provides unregulated, wholesale natural gas supply across the Gulf Coast, Eastern Seaboard, Southwest, Mid-continent, and Canada, with a physical asset portfolio that includes baseload, peaking, balancing, and storage supplies. In addition, NJRES delivers a full range of customized energy management services covering Portfolio Management, Wholesale Supplies, and Asset Tracking through its proprietary Gas Management System. Customers include Local Distribution Companies, electric generators, and large industrials requiring competitive pricing, reliable delivery, and real-time asset monitoring.
Product overview
NJR Energy Services (NJRES) operates as a wholesale natural gas supplier and energy management services company offering a unified service platform combining physical gas supply with management software. The core offering consists of three integrated service modules: Portfolio Management (for asset optimization and risk management), Wholesale Supplies (for diverse gas delivery), and Asset Tracking/Gas Management System (for real-time asset monitoring). Customers—primarily LDCs, electric generators, and large industrials—can access individual services or full-requirements solutions. The proprietary Gas Management System is available for purchase with source code, enabling customers to customize reporting and integrate with internal systems.
Differentiator
Problem solved
Functional benefit
Products and services
- Wholesale Natural Gas Supply Unregulated wholesale natural gas supplied directly to consumers across the Gulf Coast, Eastern Seaboard, Southwest, Mid-continent and Canada, with a physical asset portfolio that includes baseload, peaking, balancing, and storage supplies delivered without middlemen to ensure reliable service.
- Portfolio Management Customized portfolio management for natural gas assets, including storage fill management, pipeline and storage capacity management, supply management, balancing, and hedging services designed to lower costs while balancing customer energy needs.
- Wholesale Supplies Diverse wholesale natural gas supplies including baseload, peaking, balancing, and storage supplies delivered directly without middlemen to ensure uninterrupted service for LDCs, electric generators, and large industrial customers.
- Asset Tracking (NJR Gas Management System) Proprietary gas management software providing real-time snapshots of all natural gas assets, tracking counterparty contracts, credit information, pipeline rate schedules, published pricing, trading, deal confirmations, pipeline contracts, scheduling, transaction balancing, invoicing, financial reports, transportation path cost analysis, and LDC nomination tracking. Customers receive full source code access for in-house customization.
Quantifiable outcome
- Guaranteed discount to index pricing through storage fill management
- +1 more outcomes
Companies that use NJR Energy Services
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
NJR Energy Services technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
NJR Energy Services partnerships and signals
Strategic signalScale indicators3 records
Recent moves3 records
Expansion highlights3 records
NJR Energy Services competitors and assessment
Company assessmentDirect peers
- Macquarie Energy: A leading North American wholesale natural gas and power marketing business. Both NJRES and Macquarie Energy supply wholesale natural gas to LDCs, generators, and industrial customers with portfolio management and asset optimization services.
- BP Energy Company: BP's natural gas and power marketing arm in North America. Operates with a similar model of wholesale gas supply, portfolio management, and asset optimization serving utilities, generators, and industrial customers.
- Shell Energy North America: Shell's integrated natural gas and power marketing business. Competes directly with NJRES in wholesale natural gas supply, hedging, and portfolio management for utilities and large industrial customers.
- Mercuria Energy Trading: One of the largest independent global energy and commodities traders. Operates a significant North American natural gas marketing business serving utilities, generators, and industrial customers with similar supply and portfolio management offerings.
- ConocoPhillips Marketing: ConocoPhillips's natural gas marketing and trading division. Wholesale gas supply, contract structuring, and portfolio management for utility, generator, and industrial customers overlap directly with NJRES's offerings.
- Tenaska: Independent energy company with significant natural gas marketing and power generation operations. Provides wholesale gas supply, asset management, and portfolio services to similar customer segments.
- EDF Trading: Global energy trading arm of EDF Group. Active in North American wholesale natural gas markets, providing supply, portfolio management, and hedging services to utilities and generators.
- Direct Energy Business: NRG Energy's retail and commercial energy supply business. Provides natural gas and electricity supply and management services to commercial and industrial customers across multiple regions.
- J. Aron and Company (Goldman Sachs): Goldman Sachs's commodities trading and marketing business. Active in North American natural gas wholesale supply, storage, and portfolio management for utility and industrial counterparties.
Broad incumbents
- Enbridge Gas Distribution: Major North American energy infrastructure company with significant natural gas distribution, storage, and marketing operations. Broad incumbent with overlapping B2B natural gas supply and asset management capabilities.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
NJR Energy Services social profiles
Digital presenceNJR Energy Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
NJR Energy Services leadership team
Management profileNumber of profiles
NJR Energy Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NJR Energy Services M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NJR Energy Services
What does NJR Energy Services do?
NJR Energy Services (NJRES) provides unregulated, wholesale natural gas supply across the Gulf Coast, Eastern Seaboard, Southwest, Mid-continent, and Canada, with a physical asset portfolio that includes baseload, peaking, balancing, and storage supplies. In addition, NJRES delivers a full range of customized energy management services covering Portfolio Management, Wholesale Supplies, and Asset Tracking through its proprietary Gas Management System. Customers include Local Distribution Companies, electric generators, and large industrials requiring competitive pricing, reliable delivery, and real-time asset monitoring.
Is NJR Energy Services a public or private company?
NJR Energy Services is a private company. It is classified as corporate owned and is currently operating.
When was NJR Energy Services founded?
NJR Energy Services was founded in 1995. It employs 11 to 50 people.
Where is NJR Energy Services based?
NJR Energy Services is headquartered in New Jersey, Trinidad & Tobago, in the Latin America region.
How does NJR Energy Services make money?
Two revenue lines are on record. Wholesale Natural Gas Supply is the primary driver. The others are energy Management Services.
Who are NJR Energy Services's main competitors?
Direct peers on record are Macquarie Energy, BP Energy Company, Shell Energy North America, Mercuria Energy Trading, ConocoPhillips Marketing, Tenaska, EDF Trading, Direct Energy Business and J. Aron and Company (Goldman Sachs). Enbridge Gas Distribution is listed as a broad incumbent.
Does NJR Energy Services have an API?
No public API is recorded for NJR Energy Services.
What industry is NJR Energy Services in?
NJR Energy Services's product category is Wholesale Natural Gas Supply and Energy Management Services. Its primary akta.pro industry code is EUAGACAB, C&I Retail Natural Gas Supply, with a secondary code of EUAJAGAA, Supply Portfolio & Hedging Strategy (Retail Supply Risk). Its NAICS code is 42472 and its SIC code is 4923.