MDU Resources Group

MDU Resources Group, Inc. engages in the provision of natural resource products and related services to energy and transportation infrastructure. It operates through the following business segments: Electric, Natural Gas Distribution, Pipeline and Midstream, Construction Materials and Contracting, Construction Services, and Other. The Electric segment generates, transmits and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. The Natural Gas Distribution segment distributes natural gas in Montana, North Dakota, South Dakota, Wyoming, Idaho, Minnesota, Oregon, and Washington. The Pipeline and Midstream segment offers natural gas transportation, underground storage, processing and gathering services, as well as oil gathering, through regulated and non-regulated pipeline systems and processing facilities. The Construction Materials and Contracting segment mines aggregates and markets crushed stone, sand, gravel and related construction materials, including ready-mixed concrete, cement, asphalt, liquid asphalt and other value-added products. The Construction Services segment refers to the inside and outside specialty contracting services. The company was founded by C. C. Yawkey, R.M. Heskett and Walter Alexander on March 14, 1924, and is headquartered in Bismarck, ND.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

MDU Resources Group reports record earnings and revenue growth

MDU Resources Group delivered strong financial performance in 2022, driven by record revenues in key segments.
Challenges like supply chain bottlenecks and residential market slowdown are being addressed.
The company is optimistic about growth opportunities and progress on strategic initiatives.
Established revenue guidance for 2023 indicates a positive outlook for MDU Resources Group.

MDU Resources Group posts strong Q1 earnings, approves Knife River spin-off

MDU Resources Group delivered solid Q1 results, showcasing strength in utility and pipeline businesses. Despite challenges in Construction Materials, the company remains optimistic about growth opportunities through the Knife River spin-off and strong backlog in Construction Services Group.

MDU Resources Group posts strong Q2 earnings, eyes growth opportunities

MDU Resources Group delivered strong financial results in Q2 2023, driven by robust performance in utility, pipeline, and construction services businesses.
Despite challenges such as regulatory lag and balancing growth, the company remains optimistic about future opportunities and sustained growth potential.
Increased earnings guidance, strong backlog, and strategic dividend payout ratios reflect management's confidence in the company's financial strength and outlook.
Overall, MDU Resources Group is well-positioned to capitalize on growth opportunities in regulated energy delivery and construction services sectors.

MDU Resources to spin off Construction Services, reports strong Q3

MDU Resources Group reported solid financial performance in Q3 2023, with record earnings in the construction services business.
The planned spin-off of Construction Services business aims to unlock shareholder value and create two independent publicly-traded companies.
Challenges in the utility business and spin-off uncertainties pose operational and communication hurdles, while growth opportunities in diverse projects and regulated energy delivery projects are highlighted.
CEO succession announced alongside the retirement of David Goodin, who expressed optimism about future growth and performance of the company.

MDU Resources reports robust 2023 earnings, eyes growth opportunities

MDU Resources Group delivered strong financial performance in 2023 across its Utility, Pipeline, and Construction Services businesses.
The company's strategic focus on regulated energy delivery and operational excellence has positioned it for continued growth.
While facing challenges such as project delays and weather impacts, MDU Resources remains optimistic about future earnings and expansion opportunities.
Analysts' inquiries reflected interest in regulatory guidance, project timelines, growth prospects, and operational resilience in varying market conditions.

MDU Resources Group posts strong Q1 earnings, eyes growth opportunities

MDU Resources Group's Q1 2024 earnings call reflected a positive outlook with strong financial results and strategic initiatives. The company is poised for growth, leveraging its diversified business segments and upcoming spinoff to enhance overall value.

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MDU Resources Group, Inc. engages in the provision of natural resource products and related services to energy and transportation infrastructure. It operates through the following business segments: Electric, Natural Gas Distribution, Pipeline and Midstream, Construction Materials and Contracting, Construction Services, and others. The Electric segment generates, transmits and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. The Natural Gas Distribution segment distributes natural gas in Montana, North Dakota, South Dakota, Wyoming, Idaho, Minnesota, Oregon, and Washington. The Pipeline and Midstream segment offers natural gas transportation, underground storage, processing and gathering services, as well as oil gathering, through regulated and non-regulated pipeline systems and processing facilities. The Construction Materials and Contracting segment mines aggregates and markets crushed stone, sand, gravel and related construction materials, including ready-mixed concrete, cement, asphalt, liquid asphalt and other value-added products. The Construction Services segment refers to the inside and outside specialty contracting services. The company was founded by C. C. Yawkey, R.M. Heskett and Walter Alexander on March 14,1924, and is headquartered in Bismarck, ND.

National Fuel Gas

MDU Resources offers gas utility exposure to a construction firm. UGI Corp sells more propane than natural gas.  National Fuel Gas augments a very active Marcellus E&P and midstream business. For each firm, their natural gas utility supports the dividend, making it a bit more secure than many of their non-utility peers.

Natural Gas Utilities, Part 2 - Hybrids: MDU Resources, UGI Corp, National Fuel Gas

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MDU Resources' (MDU) strong liquidity along with systematic capital investments is likely to boost its operations.

MDU Resources' Acquisitions & Liquidity Position Augur Well

MDU Resources (MDU) reported earnings 30 days ago. What's next for the stock?

Why Is MDU Resources (MDU) Up 7.5% Since Last Earnings Report?

MDU Resources' (MDU) solid cash position along with planned long-term investments is likely to further enhance its existing operations.

MDU Resources' Strong Liquidity Position & Buyouts Bode Well

High returns on investment and lower expenses support MDU Resources' (MDU) Q2 earnings.

MDU Resources (MDU) Q2 Earnings & Revenues Increase Y/Y

MDU Resources Group, Inc. (MDU) CEO Dave Goodin on Q2 2020 Results - Earnings Call Transcript

BISMARCK, N.D., Aug. 4, 2020 /PRNewswire/ -- MDU Resources Group, Inc.

MDU Resources Reports 61% Increase in Second Quarter Earnings, Increases Guidance

MDU Resources (MDU) Up 14.2% Since Last Earnings Report: Can It Continue?

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MDU Resources' (MDU) strong liquidity position will strengthen its existing operations.

MDU Resources' (MDU) Systematic Capital Investments Bode Well

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BISMARCK, N.D., May 15, 2020 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced that members of its senior management team will participate in and provide a formal presentation May 19 during the virtually hosted American Gas Association Financial Forum. The presentation...

MDU Resources Announces Upcoming Investor Meetings

Lower investment returns and milder-than-normal weather at its utility operations hurt MDU Resources' (MDU) Q1 earnings.

MDU Resources (MDU) Q1 Earnings Decline Y/Y, Revenues Up

MDU Resources Group, Inc. (MDU) CEO Dave Goodin on Q1 2020 Results - Earnings Call Transcript

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Why Is MDU Resources (MDU) Down 2.4% Since Last Earnings Report?

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MDU Resources (MDU) continues to undertake acquisitions to enhance operations of Knife River.

MDU Resources' (MDU) Another Acquisition to Expand Business

MDU Resources' (MDU) planned long-term investments will strengthen its existing operations.

MDU Resources' Steady Investments & Acquisitions Bode Well

MDU Resources Group, Inc. (MDU) CEO Dave Goodin on Q4 2019 Results - Earnings Call Transcript

Solid performances by all business lines drove MDU Resources' (MDU) Q4 earnings.

News for MDU Resources Group Stock (MDU)