Folsom,
NJ - South Jersey Industries [NYSE:
SJI] was rated among the top 40 energy companies in the country
in Public Utilities Fortnightly’s third annual financial
ranking. The magazine, the flagship publication of Public
Utilities Reports, Inc., established this ranking to highlight
the industry’s leading companies based on financial
performance over a three-year period.
Fortnightly’s method of ranking energy companies uses
an industry analysis that communicates value to future investors,
future owners, energy asset operators, regulators and consumers.
The top 40 companies were selected from the nation’s
electric and gas utilities, pipelines and distribution companies.
Rankings are based on profit margin, dividend yield, free-cash
flows as a percentage of revenue, return on equity and return
on assets with an emphasis placed on current and future company
growth.
“South
Jersey Industries is proud to be ranked among the top 40
energy companies in the nation,” said Edward
J. Graham, president, chairman and CEO of South Jersey Industries. “Our
company’s success is a result of the innovative and
strategic vision brought forth by our senior management team
and board of directors.
In today’s rapidly changing environment of energy
restructuring and extremely volatile energy prices, companies
must remain focused on developing solutions and/or repositioning
their business to meet the growing demands set forth by the
industry. SJI is an example of a company that is able to
navigate through the energy industry’s changing landscape
by turning challenges into opportunities.
As a result of this forward-thinking philosophy,
SJI has developed innovative approaches to energy delivery
and consumption, which have helped to capitalize on the strengths
of traditional and alternative energy and generate significant
earnings for the company’s utility and non-regulated
businesses.
As Fortnightly’s rankings indicate, SJI
is poised to continue on the spiral of success and remains
steadfast in their commitment to meet or exceed these goals.
South Jersey Industries (NYSE: SJI) is an energy services
holding company for South Jersey Gas, South Jersey Energy
Solutions, South Jersey Energy, South Jersey Resources Group,
Marina Energy and South Jersey Energy Service Plus. Visit
http://www.sjindustries.com for more information about SJI
and its subsidiaries.
###