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South Jersey Industries Inc (SJI.N)

SJI.N on New York Stock Exchange

27.15USD
23 Feb 2018
Change (% chg)

$0.81 (+3.08%)
Prev Close
$26.34
Open
$27.64
Day's High
$28.01
Day's Low
$26.85
Volume
220,650
Avg. Vol
131,843
52-wk High
$38.38
52-wk Low
$26.00

Latest Key Developments (Source: Significant Developments)

South Jersey Industries Issues Medium Term Notes Of $50 Million
Saturday, 20 Jan 2018 

Jan 19 (Reuters) - South Jersey Industries Inc ::SOUTH JERSEY INDUSTRIES INC - ‍ON JANUARY 16, 2018, CO ISSUED AN AGGREGATE OF $50 MILLION AGGREGATE PRINCIPAL AMOUNT OF MEDIUM TERM NOTES - SEC FILING​.SOUTH JERSEY INDUSTRIES INC - PROCEEDS FROM SALE OF THE NOTES TO BE USED TO REFINANCE INDEBTEDNESS.  Full Article

South Jersey Industries Seeks Approval For The Acquisition Of Elizabethtown Gas
Wednesday, 3 Jan 2018 

Jan 2 (Reuters) - South Jersey Industries Inc ::SOUTH JERSEY INDUSTRIES: SOUTH JERSEY INDUSTRIES SEEKS APPROVAL FOR THE ACQUISITION OF ELIZABETHTOWN GAS.SOUTH JERSEY INDUSTRIES - CO, PIVOTAL UTILITY HOLDINGS FILED JOINT PETITION DEC 21, 2017 TO NEW JERSEY BPU FOR APPROVAL OF ACQUISITION OF ELIZABETHTOWN GAS.  Full Article

Reg-South Jersey Industries raises dividend 3 percent
Monday, 20 Nov 2017 

Nov 20 (Reuters) - South Jersey Industries Inc :Reg-South Jersey Industries: South Jersey Industries raises dividend 3 percent.South Jersey Industries Inc - ‍board voted to increase co's regular quarterly dividend from $0.27250/share to $0.28000/share​.  Full Article

South Jersey Industries reports qtrly shr ‍loss $0.47
Friday, 3 Nov 2017 

Nov 2 (Reuters) - South Jersey Industries Inc :South Jersey Industries: SJI reports Q3 earnings; confirms 2017 guidance.Qtrly earnings per share ‍loss $0.47.  Full Article

South Jersey Industries announces acquisition of Elizabethtown Gas and Elkton Gas from Southern Company Gas
Monday, 16 Oct 2017 

Oct 16 (Reuters) - South Jersey Industries Inc :South Jersey Industries announces acquisition of Elizabethtown Gas and Elkton Gas from Southern Company Gas.South Jersey Industries Inc - ‍transaction is expected to be earnings accretive, without synergies, by 2020​.South Jersey Industries - ‍has fully committed $2.6 billion bridge financing facility in place led by BofA Merrill Lynch TD Securities and Guggenheim Securities​.  Full Article

Southern Company Gas to sell Elizabethtown Gas and Elkton Gas to South Jersey Industries in $1.7 billion deal
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Southern Co ​:Southern Co - deal for ‍approximately $1.7 billion​.Southern Co - ‍Goldman Sachs & co LLC is serving as exclusive financial advisor and Baker Botts LLP is serving as legal counsel to Southern Company​.Southern Co - deal will involve approval by NJBPU and MPSC, expiration or termination of any applicable waiting period under Hart-Scott-Rodino Act.Southern Co - deal will also involve certain limited approvals by Federal Energy Regulatory Commission and Federal Communications Commission​.  Full Article

South Jersey Industries ‍enters amendment to credit agreement with Morgan Stanley Bank, others
Thursday, 7 Sep 2017 

Sept 6 (Reuters) - South Jersey Industries Inc ::Says ‍entered amendment to its unsecured $50 million 364-day revolving credit agreement with Morgan Stanley Bank, others - SEC filing​.Amendment harmonizes certain provisions, definitions of credit agreement with $400 million five-year revolving credit agreement​.Amendment extends term of credit agreement from September 6, 2017 until September 7, 2019, unless earlier terminated.Says ‍amendment does not materially alter credit agreement - SEC filing​.  Full Article

South Jersey Industries posts Q2 loss $0.06/shr from continuing operations
Friday, 5 Aug 2016 

South Jersey Industries Inc : South Jersey Industries: SJI reports Q2 earnings; confirms 2016 guidance . Reaffirms FY 2016 earnings per share view $1.29 to $1.35 .Qtrly loss per share from continuing operations $0.06.  Full Article

Cabot Oil & Gas Corp enters agreement to supply Lackawanna Energy Center
Tuesday, 5 Jul 2016 

Cabot Oil & Gas Corp : Commercial operations of proposed facility expected to begin in mid-2018, to reach full-scale operations by year-end 2018 . Cabot oil & gas corporation announces new long-term sales agreement to supply lackawanna energy center . Executed 10-year sales deal to be exclusive provider of natural gas supplies to invenergy llc's lackawanna energy center power plant .South jersey industries will become counterparty to both entities through exclusive supply fuel management service deal.  Full Article

South Jersey Industries announces pricing of common stock offering
Friday, 13 May 2016 

South Jersey Industries Inc : Says priced an upsized public offering of 7 million shares at a price to public of $26.25 per share . Gross proceeds from offering of about $183.8 million, before deducting underwriting discounts and commissions and other expenses .South Jersey Industries : SJI announces upsizing and pricing of common stock offering.  Full Article

BRIEF-Reg-South Jersey Industries Reports Qtrly ‍GAAP EPS $0.05​

* REG-SOUTH JERSEY INDUSTRIES: SJI REPORTS FY AND Q4 2017 RESULTS; ANNOUNCES 2018 GUIDANCE