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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 ...
MDU Resources Publishes 2023 Sustainability Report
Prnewswire· 2024-06-28 21:13
MDU Resources marked 100 years in business on March 14, 2024. While the report outlines the company's practices and results for 2023, achieving 100 years in business underscores MDU Resources' long-term commitment to doing what's right for its stakeholders by balancing economic, environmental and social considerations to ensure reliable, cost-effective products and services for its customers. Forward-Looking Statements Investor Contact: Brent Miller, assistant treasurer, 701-530-1730 Media Contact: Laura Lu ...
Is DTE Energy (DTE) Outperforming Other Utilities Stocks This Year?
zacks.com· 2024-05-29 14:46
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. DTE Energy is currently sporting a Zacks Rank of #2 (Buy). Over the past three months, the Zacks Consensus Estimate for DTE's full-year earnings has moved 0.1% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. According to our l ...
Reasons to Add MDU Resources (MDU) to Your Portfolio Now
zacks.com· 2024-05-17 18:01
MDU Resources Group Inc.'s (MDU) planned investments will strengthen its energy delivery operations and allow it to provide reliable services to its expanding customer base. Given its growth prospects, MDU makes for a solid investment option in the utility sector. MDU has been increasing shareholders' value through dividend payments. The company has set a new dividend payout range of 60-70%. In February 2024, the company announced a quarterly dividend of 12.5 cents per share, resulting in an annual dividend ...
MDU Resources Declares Quarterly Dividend on Common Stock
Prnewswire· 2024-05-15 15:10
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]. Investor Contact: Brent Miller, assistant treasurer, 701-530-1730 Media Contact: Laura Lued ...
Are Utilities Stocks Lagging MDU Resources Group (MDU) This Year?
Zacks Investment Research· 2024-05-13 14:46
The Utilities group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has MDU Resources (MDU) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. MDU Resources is one of 106 individual stocks in the Utilities sector. Collectively, these companies sit at #13 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in ter ...
MDU Resources (MDU) Upgraded to Strong Buy: Here's What You Should Know
Zacks Investment Research· 2024-05-06 17:01
MDU Resources (MDU) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The p ...