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South Jersey Industries Inc (SJI.N)

SJI.N on New York Stock Exchange

29.87USD
18 Jan 2019
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Latest Key Developments (Source: Significant Developments)

Cielo Hernandez Appointed Senior Vice President And CFO SJI
Monday, 14 Jan 2019 04:08pm EST 

Jan 14 (Reuters) - South Jersey Industries Inc ::CIELO HERNANDEZ APPOINTED SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER SJI.SOUTH JERSEY INDUSTRIES INC - CIELO HERNANDEZ JOINED AS SENIOR VICE PRESIDENT & CFO, EFFECTIVE JANUARY 14.SOUTH JERSEY INDUSTRIES INC - HERNANDEZ JOINS SJI FROM A.P. MOELLER MAERSK LINE A/S.  Full Article

South Jersey Industries-On Dec 20, Unit Issued $530 Mln Aggregate Principal Amount Of First Mortgage Series 2018A Bonds
Wednesday, 26 Dec 2018 04:26pm EST 

Dec 26 (Reuters) - South Jersey Industries Inc ::SOUTH JERSEY INDUSTRIES - ON DEC 20, UNIT ISSUED $530 MILLION AGGREGATE PRINCIPAL AMOUNT OF FIRST MORTGAGE SERIES 2018A BONDS.SOUTH JERSEY INDUSTRIES INC - SERIES 2018A BONDS WERE ISSUED UNDER FIRST MORTGAGE INDENTURE DATED AS OF JULY 2, 2018.SOUTH JERSEY INDUSTRIES-SALE PROCEEDS OF SERIES 2018A BONDS TO REPAY INDEBTEDNESS UNDER CO'S $530 MILLION 364-DAY TERM LOAN CREDIT AGREEMENT DATED JUNE 26.  Full Article

Sji Raises Dividend 2.68 Percent
Monday, 19 Nov 2018 09:27am EST 

South Jersey Industries Inc ::SJI RAISES DIVIDEND 2.68 PERCENT.SOUTH JERSEY INDUSTRIES INC - BOARD OF DIRECTORS VOTED TO INCREASE COMPANY'S REGULAR QUARTERLY DIVIDEND TO $0.28750 PER SHARE.  Full Article

South Jersey Industries Inc - QTRLY GAAP Loss Per Diluted Share Of $0.53
Wednesday, 7 Nov 2018 05:19pm EST 

South Jersey Industries Inc ::SOUTH JERSEY INDUSTRIES INC - QTRLY GAAP LOSS PER DILUTED SHARE OF $0.53.SOUTH JERSEY INDUSTRIES INC - REAFFIRMING 2018 ECONOMIC EARNINGS GUIDANCE OF $1.57 TO $1.65 PER DILUTED SHARE.SOUTH JERSEY INDUSTRIES INC - REAFFIRMING 2018 $1.35-$1.40 PER DILUTED SHARE INCLUDING IMPACTS OF ACQUISITIONS AND DIVESTITURES.SOUTH JERSEY INDUSTRIES INC - QTRLY ECONOMIC EARNINGS LOSS PER DILUTED SHARE OF $0.27.SOUTH JERSEY INDUSTRIES INC - QTRLY TOTAL OPERATING REVENUES $302.5 MILLION VERSUS $227.1 MILLION.  Full Article

South Jersey Industries Targets $2.5 Bln To $2.6 Bln Capex Over Next 5 Yrs
Monday, 22 Oct 2018 12:22pm EDT 

Oct 22 (Reuters) - South Jersey Industries Inc ::SOUTH JERSEY INDUSTRIES INC - TARGETING $2.5 BILLION TO $2.6 BILLION CAPEX OVER NEXT FIVE YEARS.SOUTH JERSEY INDUSTRIES - AS PART OF BUSINESS TRANSFORMATION PLAN, SEEKING TO OPTIMIZE VALUE OF NON - CORE, NON - REGULATED BUSINESSES - PRESENTATION.SOUTH JERSEY INDUSTRIES - EVALUATING OPTIMAL DEPLOYMENT OF ANTICIPATED PROCEEDS FROM SOLAR SALE, INCLUDING POTENTIAL REPAYMENT OF OUTSTANDING DEBT.SOUTH JERSEY INDUSTRIES INC - SEES ON A COMBINED-ENTITY BASIS, ECONOMIC EPS OF $1.35 - $1.40 IN 2018.SOUTH JERSEY INDUSTRIES INC - SEES ECONOMIC EPS OF $1.85 TO $1.95 IN 2022.SOUTH JERSEY INDUSTRIES INC - BEYOND 2022, SEES ECONOMIC EPS GROWTH OF 5-7 PERCENT THROUGH 2028.SOUTH JERSEY INDUSTRIES INC - TIGHTENED TARGETED PAYOUT RATIO TO 55 PERCENT TO 65 PERCENT OF CONSOLIDATED SJI EARNINGS THROUGH 2022.SOUTH JERSEY INDUSTRIES INC - ENERGY SERVICES IS NOT EXPECTED TO CONTRIBUTE TO ECONOMIC EARNINGS IN 2022.SOUTH JERSEY INDUSTRIES - NO LONGER VIEW ENERGY PRODUCTION AS CORE TO GROWTH STRATEGY; ARE EVALUATING OPTIMIZATION OPTIONS.SOUTH JERSEY INDUSTRIES INC - EXPECTED 10-11 PERCENT ANNUALIZED EARNINGS GROWTH FROM UTILITIES OVER THE NEXT FIVE YEARS.SOUTH JERSEY INDUSTRIES INC - LONGER TERM, ANNUAL DIVIDEND GROWTH ANTICIPATED IN LINE WITH ANNUAL EARNINGS GROWTH.SOUTH JERSEY INDUSTRIES INC - GOAL TO INCREASE INVESTMENT IN UTILITY AND FERC-REGULATED ASSETS.  Full Article

South Jersey Industries Says Stephen H. Clark Appointed President & COO, South Jersey Energy Solutions
Monday, 20 Aug 2018 09:06am EDT 

Aug 20 (Reuters) - South Jersey Industries Inc ::SJI: STEPHEN H. CLARK APPOINTED PRESIDENT AND CHIEF OPERATING OFFICER, SOUTH JERSEY ENERGY SOLUTIONS.SOUTH JERSEY INDUSTRIES INC - CLARK WILL VACATE ROLE OF CHIEF FINANCIAL OFFICER, SJI.SOUTH JERSEY INDUSTRIES - KENNETH LYNCH, ANN ANTHONY TO CONTINUE TO LEAD ACCOUNTING, FINANCE ORGANIZATIONS WHILE CO IDENTIFIES A NEW CFO.  Full Article

South Jersey Industries Says Qtrly Loss Per Share $1.12
Wednesday, 8 Aug 2018 05:22pm EDT 

Aug 8 (Reuters) - South Jersey Industries Inc ::SOUTH JERSEY INDUSTRIES SAYS QTRLY LOSS PER SHARE $1.12 - SEC FILING.SOUTH JERSEY INDUSTRIES - REAFFIRMING PREVIOUS 2018 ECONOMIC EARNINGS GUIDANCE OF $1.57 TO $1.65 PER FULLY-DILUTED SHARE.SOUTH JERSEY INDUSTRIES - CONTINUE TO EXPECT THAT REGULATED BUSINESSES (SJG AND MIDSTREAM) WILL PROVIDE 65 TO 72 PERCENT OF 2018 ECONOMIC EARNINGS.SOUTH JERSEY INDUSTRIES INC QTRLY ECONOMIC EPS $0.07.  Full Article

South Jersey Industries Q2 Earnings Per Share $0.02
Wednesday, 8 Aug 2018 05:13pm EDT 

South Jersey Industries Inc ::REG-SJI: SJI REPORTS SECOND QUARTER AND YEAR-TO-DATE RESULTS.Q2 EARNINGS PER SHARE $0.02.Q2 EARNINGS PER SHARE VIEW $-0.01 -- THOMSON REUTERS I/B/E/S.Q2 GAAP LOSS PER SHARE $1.12 FROM CONTINUING OPERATIONS.REAFFIRMING 2018 ECONOMIC EARNINGS GUIDANCE OF $1.57 TO $1.65 PER SHARE.QTRLY TOTAL OPERATING REVENUE $227.3 MILLION VERSUS $244.4 MILLION.Q2 REVENUE VIEW $225.8 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

South Jersey Industries Announces Sale Of Solar Portfolio For About $350 Mln In Cash
Thursday, 28 Jun 2018 08:42am EDT 

June 28 (Reuters) - South Jersey Industries Inc ::SOUTH JERSEY INDUSTRIES: SJI ANNOUNCES SALE OF SOLAR PORTFOLIO.SOUTH JERSEY INDUSTRIES INC - DEAL FOR FOR APPROXIMATELY $350 MILLION IN CASH.SOUTH JERSEY INDUSTRIES - AGREEMENT TO SELL ITS PORTFOLIO OF SOLAR ENERGY PROJECTS TO AN ENTITY MANAGED BY GOLDMAN SACHS ASSET MANAGEMENT.SOUTH JERSEY INDUSTRIES INC - MARINA WILL SELL ALL PROJECTS IN PORTFOLIO TO GOLDMAN SACHS ASSET MANAGEMENT AND LEASE BACK CERTAIN PROJECTS.  Full Article

SJI Announces State Regulatory Approval For Acquisition Of Elkton Gas From Southern Company Gas
Friday, 1 Jun 2018 04:39pm EDT 

June 1 (Reuters) - South Jersey Industries Inc ::SJI ANNOUNCES STATE REGULATORY APPROVAL FOR ACQUISITION OF ELKTON GAS FROM SOUTHERN COMPANY GAS.SJI- GOT REGULATORY APPROVAL FROM STATE OF MARYLAND PUBLIC SERVICE COMMISSION FOR PROPOSED ACQUISITION OF ELKTON GAS ASSETS FROM PIVOTAL UTILITIES.SJI- TRANSACTION IS ANTICIPATED TO CLOSE IN MID-2018.  Full Article