MDU Resources (MDU)
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MDU Resources Group Announces Increased Capital Investment Plan for 2025-2029
Prnewswire· 2024-11-21 21:30
BISMARCK, N.D., Nov. 21, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) announced today that it plans to make capital investments totaling $3.1 billion from 2025 through 2029, a 15% increase from 2024-2028. "Our planned $3.1 billion capital investment from 2025 through 2029 reflects our commitment to providing safe and reliable service to our electric, natural gas and pipeline customers," said Nicole Kivisto, MDU Resources president and CEO. "By increasing our investments in electric and natural ...
MDU Resources Welcomes Vernon Dosch to Board of Directors
Prnewswire· 2024-11-14 21:30
BISMARCK, N.D., Nov. 14, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced that its board of directors has elected Vernon A. Dosch as a director, effective Nov. 15, 2024. Dosch, a respected leader with more than 45 years of expertise in the electric utility and broadband industries, brings a deep commitment to community and industry advancement. "We are excited to welcome Vern to our board," said Dennis W. Johnson, chair of the board. "His dedication to industry innovation, communit ...
MDU Resources Announces Quarterly Dividend on Common Stock
Prnewswire· 2024-11-14 19:46
BISMARCK, N.D., Nov. 14, 2024 /PRNewswire/ -- The board of directors of MDU Resources Group, Inc. (NYSE: MDU) today declared a quarterly dividend on the company's common stock of 13 cents per share, unchanged from the previous quarter. The board continues to target a long-term dividend payout ratio of 60% to 70% of regulated energy delivery earnings. The dividend is payable on Jan. 1, 2025 to stockholders of record as of Dec.12, 2024. About MDU Resources MDU Resources Group, Inc., a member of the S&P SmallC ...
MDU Resources Q3 Earnings Surpass Estimates, Revenues Up Y/Y
ZACKS· 2024-11-08 18:45
MDU Resources Group Inc. (MDU) reported third-quarter 2024 operating earnings per share (EPS) of 32 cents, which surpassed the Zacks Consensus Estimate of 31 cents by 3.23%. The bottom line improved 10.3% year over year. GAAP EPS was 32 cents compared with 37 cents in the prior-year period. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Total Revenues of MDU Total operating revenues improved 4.5% to $1.05 billion from $1 billion in the comparable period of 2023. Operating revenues ...
MDU Resources (MDU) - 2024 Q3 - Earnings Call Transcript
2024-11-07 23:28
MDU Resources Group, Inc. (NYSE:MDU) Q3 2024 Earnings Conference Call November 7, 2024 2:00 PM ET Company Participants Jason Vollmer – Vice President, Chief Financial Officer and Treasurer Nicole Kivisto – President and Chief Executive Officer Rob Johnson – President of WBI Energy Conference Call Participants Chris Ellinghaus – Siebert Williams Shank Ryan Levine – Citi Operator Hello, my name is Todd, and I will be your conference facilitator. At this time, I would like to welcome everyone to the MDU Resour ...
MDU Resources (MDU) - 2024 Q3 - Earnings Call Presentation
2024-11-07 19:08
MDU RESOURCES Third Quarter Earnings Call November 7, 2024 = MDU LISTED NYSE Legal Disclaimer Forward-Looking Statements The information in this presentation highlights the key growth strategies, projections and certain assumptions for the company and its subsidiaries and other matters for each of the company's businesses. Many of these highlighted statements and other statements not historical in nature are "forwardlooking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 ...
MDU Resources (MDU) - 2024 Q3 - Quarterly Report
2024-11-07 13:47
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to ______________ Commission file number 1-03480 MDU RESOURCES GROUP, INC. (Exact name of registrant as specified in its charter) (State or other juris ...
MDU Resources (MDU) - 2024 Q3 - Quarterly Results
2024-11-07 13:34
MDU Resources Reports Strong Q3 Earnings, Increases 2024 Guidance Key Financial Highlights for Third Quarter 2024: • Electric earnings of $24.3 million, an increase of 16.3% over third quarter 2023. • Pipeline record third quarter earnings of $15.1 million, up 27.0% from the same quarter last year. • Construction services earnings of $41.8 million, a 16.1% increase from third quarter 2023. • Increasing regulated energy delivery earnings guidance range to $180 million to $185 million. BISMARCK, N.D. — Nov. 7 ...
MDU Resources Reports Strong Q3 Earnings, Increases 2024 Guidance
Prnewswire· 2024-11-07 13:30
Key Financial Highlights for Third Quarter 2024: Electric earnings of $24.3 million, an increase of 16.3% over third quarter 2023. Pipeline record third quarter earnings of $15.1 million, up 27.0% from the same quarter last year. Construction services earnings of $41.8 million, a 16.1% increase from third quarter 2023. Increasing regulated energy delivery earnings guidance range to $180 million to $185 million. BISMARCK, N.D., Nov. 7, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today reported ...
MDU Resources Completes Spinoff of Everus Construction Group
Prnewswire· 2024-11-01 12:30
BISMARCK, N.D., Nov. 1, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced the successful completion of the spinoff of its construction services subsidiary, Everus Construction Group (NYSE: ECG). As a result of the spin-off, Everus is now an independent public company. "This achievement is truly remarkable, and a testament to the hard work and dedication of our employees," said Nicole Kivisto, president and CEO of MDU Resources. "The successful spinoff of Everus within two years of s ...