Stephen D.  Westhoven net worth and biography

Stephen Westhoven Biography and Net Worth

President, CEO & Director of New Jersey Resources

Mr. Westhoven joined New Jersey Natural Gas (NJNG) in November 1990. Currently, he serves as President and Chief Executive Officer (CEO) of New Jersey Resources (NJR) and its principal subsidiary, NJNG.

He began his career as an engineer at NJNG before becoming a Director, and eventually Senior Vice President, of NJR Energy Services (NJRES). Later he was named Senior Vice President and COO of NJR’s unregulated businesses, NJRES, NJR Clean Energy Ventures and NJR Home Services before being named President and Chief Operating Officer.

Mr. Westhoven earned a Bachelor of Science in mechanical engineering from The Catholic University of America and serves as a member of its Board of Visitors. He is an alumnus of Harvard Business School’s Advanced Management Program.

What is Stephen D. Westhoven's net worth?

The estimated net worth of Stephen D. Westhoven is at least $8.02 million as of July 16th, 2024. Mr. Westhoven owns 168,705 shares of New Jersey Resources stock worth more than $8,018,549 as of December 18th. This net worth evaluation does not reflect any other assets that Mr. Westhoven may own. Additionally, Mr. Westhoven receives an annual salary of $2,400,000.00 as President, CEO & Director at New Jersey Resources. Learn More about Stephen D. Westhoven's net worth.

How old is Stephen D. Westhoven?

Mr. Westhoven is currently 56 years old. There are 8 older executives and no younger executives at New Jersey Resources. Learn More on Stephen D. Westhoven's age.

What is Stephen D. Westhoven's salary?

As the President, CEO & Director of New Jersey Resources Co., Mr. Westhoven earns $2,400,000.00 per year. Learn More on Stephen D. Westhoven's salary.

How do I contact Stephen D. Westhoven?

The corporate mailing address for Mr. Westhoven and other New Jersey Resources executives is 1415 Wyckoff Road, WALL TOWNSHIP NJ, 07719. New Jersey Resources can also be reached via phone at (732) 938-1000 and via email at [email protected]. Learn More on Stephen D. Westhoven's contact information.

Has Stephen D. Westhoven been buying or selling shares of New Jersey Resources?

Stephen D. Westhoven has not been actively trading shares of New Jersey Resources over the course of the past ninety days. Most recently, Stephen D. Westhoven sold 26,600 shares of the business's stock in a transaction on Tuesday, July 16th. The shares were sold at an average price of $45.06, for a transaction totalling $1,198,596.00. Following the completion of the sale, the chief executive officer now directly owns 168,705 shares of the company's stock, valued at $7,601,847.30. Learn More on Stephen D. Westhoven's trading history.

Who are New Jersey Resources' active insiders?

New Jersey Resources' insider roster includes James Degraffenreidt, Jr. (Director), M. Howard, Jr. (Director), Patrick Migliaccio (CFO), Timothy Shea (VP), and Stephen Westhoven (President, CEO & Director). Learn More on New Jersey Resources' active insiders.

Are insiders buying or selling shares of New Jersey Resources?

In the last twelve months, insiders at the utilities provider sold shares 5 times. They sold a total of 53,579 shares worth more than $2,366,509.91. The most recent insider tranaction occured on July, 16th when CEO Stephen D Westhoven sold 26,600 shares worth more than $1,198,596.00. Insiders at New Jersey Resources own 0.8% of the company. Learn More about insider trades at New Jersey Resources.

Information on this page was last updated on 7/16/2024.

Stephen D. Westhoven Insider Trading History at New Jersey Resources

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
7/16/2024Sell26,600$45.06$1,198,596.00168,705View SEC Filing Icon  
7/12/2024Sell3,400$45.00$153,000.00195,305View SEC Filing Icon  
5/23/2024Sell20,000$42.82$856,400.00198,705View SEC Filing Icon  
5/12/2023Sell5,000$50.04$250,200.00180,372View SEC Filing Icon  
12/11/2014Sell5,125$60.00$307,500.00View SEC Filing Icon  
See Full Table

Stephen D. Westhoven Buying and Selling Activity at New Jersey Resources

This chart shows Stephen D Westhoven's buying and selling at New Jersey Resources by year and by quarter.

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New Jersey Resources Company Overview

New Jersey Resources logo
New Jersey Resources Corporation, an energy services holding company, distributes natural gas. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to approximately 576,000 customers in Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in, owns, and operates clean energy projects, including commercial and residential solar installation situated in New Jersey, Rhode Island, New York, Connecticut, Michigan, and Indiana. The Energy Services segment maintains and operates natural gas transportation and storage capacity contracts, as well as provides physical wholesale energy, retail energy and energy management services in the United States and Canada. The Storage and Transportation segment invests in invests in energy-related ventures. It provides heating, ventilation, and cooling services; sales and installation of appliances; offers solar equipment installation, and plumbing repair and installation services; and holds commercial real estate properties. The company was incorporated in 1981 and is headquartered in Wall, New Jersey.
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Today's Range

Now: $47.00
Low: $46.95
High: $47.63

50 Day Range

MA: $47.85
Low: $45.17
High: $51.61

2 Week Range

Now: $47.00
Low: $39.44
High: $51.94

Volume

103,412 shs

Average Volume

489,974 shs

Market Capitalization

$4.69 billion

P/E Ratio

16.23

Dividend Yield

3.78%

Beta

0.63