South Jersey Industries (SJI)

SJI, an energy services holding company based in Folsom, NJ, delivers energy services to its customers through three primary subsidiaries. SJI Utilities, SJI's regulated natural gas utility business, delivers safe, reliable, affordable natural gas to approximately 700,000 South Jersey Gas and Elizabethtown Gas customers in New Jersey. SJI's non-utility businesses within South Jersey Energy Solutions promote efficiency, clean technology and renewable energy by providing customized wholesale commodity marketing and fuel management services; and developing, owning and operating on-site energy production facilities. SJI Midstream houses the company's interest in the PennEast Pipeline Project.

Company profile

Ticker

SJI, SJIJ, SJIV

Exchange

NYSE

Website

www.sjindustries.com

CEO

Michael Renna

Incorporated

New Jersey

Location

New Jersey

Fiscal year end

Dec 31

Sector

Utilities > Natural Gas Distribution

Industry (SIC)

Natural Gas Distribution

Atmos Energy • National Fuel Gas • Piedmont Natural Gas • Washington Gas Light • ONE Gas • Northwest Natural Holding • Northwest Natural Holding • New Jersey Resources • Excelerate Energy • Cheniere Energy Partners ...

SEC CIK

0000091928

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

South Jersey Gas Company • Marina Energy LLC • South Jersey Energy Company • South Jersey Resources Group, LLC • South Jersey Exploration, LLC • South Jersey Energy • Energenic - US, LLC • SJI Midstream, LLC • SJI Utilities, Inc. • Elizabethtown Gas Company ...

IRS number

221901645

SJI stock data

1M 1Y 5Y

Calendar

4 Aug 22

18 Aug 22

31 Dec 22

Financial summary

Financial statements Chart SJI financial data

Quarter (USD)	Jun 22	Mar 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	55.71M	55.71M	55.71M	55.71M	55.71M	55.71M
Cash burn (monthly)	(no burn)	2.69M	4.05M	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	4.42M	6.67M	n/a	n/a	n/a
Cash remaining	n/a	51.29M	49.04M	n/a	n/a	n/a
Runway (months of cash)	n/a	19.1	12.1	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

SJI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
10 May 22	Frank L Sims	Common Stock	Grant	Acquire A	No	No	3,392	99,230.294
10 May 22	Sunita Holzer	Common Stock	Grant	Acquire A	No	No	3,392	46,566.361
10 May 22	Hartnett-devlin Sheila	Common Stock	Grant	Acquire A	No	No	3,392	22,783.711
10 May 22	Sarah Morrison Barpoulis	Common Stock	Grant	Acquire A	No	No	3,392	38,194.857
10 May 22	Christopher Paladino	Common Stock	Grant	Acquire A	No	No	3,392	11,058.3

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q2 2022

SJI institutional ownership history Ownership history

82.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	282	297	-5.1%
Opened positions	40	93	-57.0%
Closed positions	55	47	+17.0%
Increased positions	108	76	+42.1%
Reduced positions	95	91	+4.4%

13F shares	Current	Prev Q	Change
Total value	3.46B	3.58B	-3.3%
Total shares	101.29M	103.53M	-2.2%
Total puts	49.1K	120K	-59.1%
Total calls	68.1K	50.5K	+34.9%
Total put/call ratio	0.7	2.4	-69.7%

Largest owners	Shares	Value	Change
BLK Blackrock	20.34M	$694.5M	+14.7%
STT State Street	16.5M	$568.03M	-12.3%
Vanguard	14.38M	$490.92M	+6.7%
Diamond Hill Capital Management	2.37M	$80.79M	-8.6%
Geode Capital Management	2.12M	$72.46M	+12.2%
BK Bank Of New York Mellon	2.02M	$68.83M	+4.1%
Segantii Capital Management	1.96M	$67.02M	+35.4%
Sand Grove Capital Management	1.66M	$56.71M	+26.1%
Dimensional Fund Advisors	1.54M	$52.56M	+4.2%
GS Goldman Sachs	1.53M	$52.2M	+5.7%

Largest transactions	Shares	Bought/sold	Change
MCQEF Macquarie	702.74K	-2.63M	-78.9%
BLK Blackrock	20.34M	+2.61M	+14.7%
STT State Street	16.5M	-2.31M	-12.3%
Melqart Asset Management	991.36K	+991.36K	NEW
P Schoenfeld Asset Management	915K	+915K	NEW
Highland Capital Management Fund Advisors	908.08K	+908.08K	NEW
Vanguard	14.38M	+898.68K	+6.7%
American Century Companies	0	-668.18K	EXIT
LGEN Legal & General	0	-659.28K	EXIT
Glenmede Trust Co Na	18.65K	-635.02K	-97.1%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

Item 7. Management's Discussion and Analysis of Financial Condition and

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: Antitrust, avoid, coated, Commission, deadline, Department, dismissed, Docket, face, green, IIF, intervene, misrepresented, notification, omitted, partnership, plastic, prepay, prepayment, questioned, societal, sought, steel, substantive, unusable, usable, waiting

Removed: entitled, heading

From filing 10-Q 2022 Q2

Financial reports

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