BNET Industries
Last Fiscal Year Sales:$630.5M
- Private
- US
Dow Jones Description
Natural Gas & Gas Appliances
Chairman, President & CEOEdward J. Graham
Number of Employees 396
Peer Companies
NAICS Code Natural Gas Distribution: 221210
News & Analysis
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south jersey gas co. - All News and Analysis
Gas utilities share savings, to cut bills
The state's four gas utilities PSE&G, in Newark; South Jersey Gas, in Folsom; New Jersey Natural Gas, in Wall; and Elizabethtown Gas, in Union - last week proposed rate reductions of between $10 and $48 for residential customers, beginning in October, over and above reductions made earlier this year. These...
SJG Files to Reduce Rates by 20.2%
FOLSOM, N.J. -- South Jersey Gas has proposed a rate reduction that would save residential customers a total of 20.2 percent on their gas bills. ...
SJI Declares Quarterly Dividend
FOLSOM, N.J. -- South Jersey Industriesâ (NYSE:SJI) board of directors declared its regular dividend of $0.2975 per share for the second quarter of 2009. The dividend is payable...
SJI Announces Board Retirement, Employee Promotions and Shareholder Amendments
FOLSOM, N.J. -- South Jersey Industriesâ (NYSE:SJI) annual meeting of shareholders and board of directors meeting resulted in employee promotions and amendments to the companyâs Certificate of Incorporation....
$1 billion in utility investments on way
PSE&G and South Jersey Gas were among five utilities that last week won approval to invest nearly $1 billion in capital projects, creating 1,300 direct jobs and 14,000 indirect jobs, according to their regulator, the New Jersey Board of Public Utilities. The PBU said PSE&G alone will invest $694...
SJG Receives BPU Approval for Major Infrastructure Investment Plan
FOLSOM, N.J. -- The New Jersey Board of Public Utilities today approved a proposal by South Jersey Gas, a subsidiary of South Jersey Industries (NYSE:SJI) , to create...
SJI Declares Quarterly Dividend
FOLSOM, N.J. -- South Jersey Industries' (NYSE:SJI) board of directors declared its regular dividend of $0.2975 per share for the first quarter of 2009. The dividend is payable April 2, 2009 to shareholders of record at the close of business March 10, 2009. This is SJI's 58th consecutive year of...
Moody's Upgrades South Jersey Gas' Senior Secured Rating to A3, Outlook Positive
FOLSOM, N.J. -- South Jersey Gas announced today that Moody's Investors Service has upgraded its senior secured rating to A3 from Baa1, with a positive outlook. SJG, a subsidiary of South Jersey Industries (NYSE:SJI), is a regulated utility providing natural gas service to over 340,000 residential, commercial and industrial customers...
SJG Responds to NJ Economic Stimulus Program with Proposal for an Energy Efficiency Program
FOLSOM, N.J. -- South Jersey Gas, a subsidiary of South Jersey Industries (NYSE:SJI), filed a petition January 23, 2009 with the New Jersey Board of Public Utilities for an initiative that will encourage energy efficiency, create "green" jobs and strengthen the local economy. "This filing is phase two...
SJG Responds to NJ Economic Stimulus Program with Proposal for Major Infrastructure Investment Plan
FOLSOM, N.J. -- South Jersey Gas, a subsidiary of South Jersey Industries (NYSE:SJI), filed a petition yesterday with the New Jersey Board of Public Utilities for an initiative to create jobs in support of Governor Corzine's Economic Stimulus Plan, while also making the state's energy sources greener. SJG is proposing...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| David A. Kindlick | CFO & Senior Vice President |
| Janet T. Nickels | Senior Vice President, Admin Services |
| Jeffrey E. DuBois | Senior Vice President, Gas Supply |
| Lawrence P. Lhulier | Director, Gas Sales |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Edward J. Graham | Chairman, President & CEO |
| Sheila Hartnett-Devlin | Board of Directors |
| Shirli M. Billings | Board of Directors |
| William J. Hughes | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| South Jersey Gas Co. | Chairman, President & CEO | Current |
| South Jersey Industries, Inc. | Chairman, President & CEO | Current |
| South Jersey Energy Co. | Chairman, President & CEO | Former |
| South Jersey Industries, Inc. | Board of Directors | Former |
"Dave is vice president and chief financial officer of South Jersey Industries and senior vice president and chief financial officer of South Jersey Gas. In those positions he oversees Rates & Regulatory Affairs, Accounting, Risk Management, Taxes, Corporate Finance, Shareholder Records and Investor Relations. He is also responsible for all corporate finance matters. He is on the board of directors of the Food Bank of South Jersey. Dave serves on the executive advisory council of Rutgers University Camden School of Business. He is a member of the Virtua Health System board of directors and is Chairman of its Finance and Investment Committee. He is also a member of Virtua Hospital Foundation’s board of directors, as well as its treasurer. Dave is a member of American Gas Association’s finance committee; a member of New Jersey Business & Industry Assocation’s energy council; a member of New Jersey State Chamber of Commerce’s energy council and a member of the New Jersey Utilities Association’s rates & regulatory committee. Dave holds a bachelor’s degree from The College of New Jersey and a master’s degree from Drexel University. "
| Organization | Position | Status |
|---|---|---|
| South Jersey Gas Co. | CFO & Senior Vice President | Current |
| South Jersey Industries, Inc. | CFO & Vice President | Current |
| South Jersey Industries, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| South Jersey Gas Co. | Senior Vice President, Admin Services | Current |
| South Jersey Industries, Inc. | Senior Vice President, Marketing, Customer Service | Former |
| Organization | Position | Status |
|---|---|---|
| South Jersey Gas Co. | Senior Vice President, Gas Supply | Current |
| South Jersey Industries, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| South Jersey Gas Co. | Director, Gas Sales | Current |
| Organization | Position | Status |
|---|---|---|
| South Jersey Gas Co. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| South Jersey Gas Co. | Board of Directors | Current |
| South Jersey Industries, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| South Jersey Gas Co. | Board of Directors | Current |
| South Jersey Industries, Inc. | Board of Directors | Current |
Executive News
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SJG Files to Reduce Rates by 20.2%
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