South Jersey Industries

Rank#2598

Market Cap4.42B

CountryUnited States

Summary

South Jersey Industries, Inc., through its subsidiaries, provides energy-related products and services. The company engages in the purchase, transmission, and sale of natural gas. It also sells natural gas and pipeline transportation capacity on a wholesale basis to residential, commercial, and industrial customers on the interstate pipeline system, as well as transports natural gas purchased directly from producers or suppliers to customers. As of December 31, 2021, the company had approximately 147 miles of mains in the transmission system and 6,815 miles of mains in the distribution system; and served 384,062 residential, commercial, and industrial customers in southern New Jersey. In addition, it markets natural gas storage, commodity, and transportation assets on a wholesale basis for energy marketers, electric and gas utilities, power plants, and natural gas producers in the mid-Atlantic, Appalachian, and southern regions of the United States. Further, the company owns and operates rooftop solar-generation sites. Additionally, it owns oil, gas, and mineral rights in the Marcellus Shale region of Pennsylvania; acquires and markets natural gas and electricity to retail end users, as well as provides total energy management, fuel management, and energy procurement and cost reduction services. The company was founded in 1910 and is headquartered in Folsom, New Jersey.

History

Since its founding, South Jersey Industries (NYSE: SJI) has been providing energy solutions and services to customers in the Mid-Atlantic region. Today, it is a diversified energy services holding company that serves over 535,000 natural gas, electric and retail customers, and provides reliable and personalized energy service solutions.

Mission

South Jersey Industries is dedicated to improving customers’ lives by providing reliable, responsive and efficient energy solutions.

Vision

Our vision is to be the fuel of choice for the Mid-Atlantic’s energy needs.

References

https://en.wikipedia.org/wiki/South_Jersey_Industries

https://in.investing.com/equities/south-jersey-industries-inc

https://finance.yahoo.com/quote/SJI/profile?p=SJI

https://www.comparably.com/companies/south-jersey-industries/mission

https://www.crunchbase.com/organization/south-jersey-industries

https://sec.report/CIK/0000091928

https://companiesmarketcap.com/