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MDU Resources Appoints Two to Board of Directors
Prnewswire· 2024-08-15 20:30
BISMARCK, N.D., Aug. 15, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) announced today that Michael S. Della Rocca and Marian M. Durkin have been appointed to the company's board of directors. Della Rocca, during his 35-year career, held a number of executive positions within the engineering and construction industry, including as chief executive, Americas, of AECOM. He also was a partner in consulting firm McKinsey & Company, where he provided clients with strategic counsel on capital projects ...
MDU Resources Announces Increased Quarterly Dividend
Prnewswire· 2024-08-15 20:20
BISMARCK, N.D., Aug. 15, 2024 /PRNewswire/ -- The board of directors of MDU Resources Group, Inc. (NYSE: MDU) has increased the quarterly dividend on the company's common stock to 13 cents per share, for an annualized dividend of 52 cents per share. This represents a 4% increase over the previous quarterly dividend of 12.5 cents per share. The board continues to target a long-term dividend payout ratio of 60% to 70% of regulated energy delivery earnings. "MDU Resources remains committed to the transition to ...
MDU Resources (MDU) Q2 Earnings Increase Y/Y, Sales Decline
ZACKS· 2024-08-09 14:40
MDU Resources Group Inc. (MDU) reported second-quarter 2024 operating earnings per share (EPS) of 32 cents, which increased 10.3% from the year-ago quarter's 29 cents. GAAP EPS was 30 cents compared with 64 cents in the prior-year period. Total Revenues Total operating revenues decreased 4% to $1.04 billion from $1.09 billion in the comparable period of 2023. Operating revenues in the electric, natural gas distribution and regulated pipeline totaled $340.5 million, up 0.2% from the prior-year quarter's figu ...
MDU Resources (MDU) - 2024 Q2 - Earnings Call Transcript
2024-08-08 23:13
MDU Resources Group, Inc. (NYSE:MDU) Q2 2024 Earnings Conference Call August 8, 2024 2:00 PM ET Company Participants Jason Vollmer - Vice President, Chief Financial Officer & Treasurer Nicole Kivisto - President & Chief Executive Officer Stephanie Sievert - Vice President, Chief Accounting Officer & Controller Jeff Thiede - President & Chief Executive Officer of Everus Conference Call Participants Brent Thielman - D.A. Davidson Ryan Levine - Citi Operator Hello. My name is Jamie and I will be your conferenc ...
MDU Resources (MDU) - 2024 Q2 - Earnings Call Presentation
2024-08-08 18:02
MDU RESOURCES Second Quarter Earnings Call August 8, 2024 MDU LISTED NYSE Forward-Looking Statement This presentation includes "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. Although the company believes that its expectations and beliefs are based on reasonable assumptions, actual results may differ materially. For a discussion of factors that may cause actual results to differ, refer to Item 1A – Risk Factors in the company's most recent Form 10-K and ...
MDU Resources (MDU) - 2024 Q2 - Quarterly Report
2024-08-08 12:38
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 1 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 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 jurisdicti ...
MDU Resources (MDU) - 2024 Q2 - Quarterly Results
2024-08-08 12:32
MDU Resources Reports Solid Q2 Earnings, Updates 2024 Guidance Key Financial Highlights for Second Quarter 2024: • Pipeline achieved record second quarter earnings of $17.3 million, up approximately 99%. • Utility earnings of $10.5 million, down by $2.6 million from last year. • Everus reports record second quarter earnings and all-time record backlog of $2.4 billion. • Updated 2024 construction services guidance: Revenues expected to be $2.65 billion to $2.85 billion, with higher margins compared to 2023. ...
MDU Resources Reports Solid Q2 Earnings, Updates 2024 Guidance
Prnewswire· 2024-08-08 12:30
Key Financial Highlights for Second Quarter 2024: Pipeline achieved record second quarter earnings of $17.3 million, up approximately 99%. Utility earnings of $10.5 million, down by $2.6 million from last year. Everus reports record second quarter earnings and all-time record backlog of $2.4 billion. Updated 2024 construction services guidance: Revenues expected to be $2.65 billion to $2.85 billion, with higher margins compared to 2023. BISMARCK, N.D., Aug. 8, 2024 /PRNewswire/ -- MDU Resources Group, Inc. ...
MDU Resources' Board of Directors Names Leadership for Everus Construction Group, Effective on Spinoff
Prnewswire· 2024-07-18 20:20
MDU Resources Group, Inc., a member of the S&P MidCap 400 index, provides essential products and services through its regulated energy delivery and construction services businesses. Founded in 1924, the company is celebrating its 100th anniversary; learn more at www.mdu.com/100th-anniversary. For more information about MDU Resources, visit www.mdu.com or contact the Investor Relations Department at [email protected]. Through the planned spinoff of Everus, MDU Resources will achieve its objective of becoming ...
MDU Resources to Webcast Second Quarter 2024 Earnings Conference Call
Prnewswire· 2024-07-17 21:25
BISMARCK, N.D., July 17, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) will webcast its second quarter 2024 earnings conference call at 2 p.m. EDT Aug. 8. The company will release its second quarter results before U.S. financial markets open that day. About MDU Resources Media Contact: Laura Lueder, manager of communications and public relations, 701-530-1095 Investor Contact: Brent Miller, assistant treasurer, 701-530-1730 The webcast can be accessed at www.mdu.com under the "Investors" headin ...