Company Overview - DTE Energy is part of the Utilities sector, which includes 106 individual stocks and currently holds a Zacks Sector Rank of 8 among 16 groups [2] - DTE Energy has a Zacks Rank of 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] Performance Analysis - Year-to-date, DTE Energy has moved about 2.5%, outperforming the Utilities sector's average return of 1.9% [4] - In comparison, MDU Resources, another Utilities stock, has significantly outperformed with a year-to-date return of 27.4% [4] - DTE Energy belongs to the Utility - Electric Power industry, which includes 59 companies and currently ranks 91 in the Zacks Industry Rank, with an average gain of 3.3% this year [5] Industry Context - The Utility - Gas Distribution industry, where MDU Resources is categorized, has 14 stocks and is ranked 85, with a year-to-date return of +1.3% [6] - Investors should monitor both DTE Energy and MDU Resources for potential continued strong performance in the Utilities sector [6]

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 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 ...

Company Performance - MDU Resources has gained approximately 28.9% year-to-date, outperforming the average loss of 1.7% in the Utilities sector [4] - The Zacks Consensus Estimate for MDU's full-year earnings has increased by 4.4% over the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [3] Industry Comparison - MDU Resources is part of the Utility - Gas Distribution industry, which includes 14 companies and currently ranks 100 in the Zacks Industry Rank. This industry has seen an average gain of 4.2% year-to-date, with MDU outperforming this group [5] - In contrast, National Grid, another outperforming stock in the Utilities sector, belongs to the Utility - Electric Power industry, which has a ranking of 96 and has declined by 3.3% year-to-date [6]

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 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 30-1133956 (I.R.S. Employer Identification No.) 1200 West Century Avenue P.O. Box 5650 Bismarck, North Dakota 58506-5650 (Address of principal executive offices) (Zip Code) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, ...

MDU Resources Reports Strong First Quarter Results; Affirms 2024 Guidance BISMARCK, N.D. — May 2, 2024 — MDU Resources Group, Inc. (NYSE: MDU) today reported strong first quarter results from its utility, pipeline and construction services businesses, and it affirmed its 2024 guidance. "Thanks to the continued dedication and hard work of our employees providing essential services to our customers, we finished the first quarter with strong performance across our businesses," said Nicole A. Kivisto, president ...

BISMARCK, N.D., May 2, 2024 /PRNewswire/ -- Pipeline has record first quarter earnings, up 82%. Utility first quarter earnings up 4%. Everus reports 8% earnings increase, record first quarter EBITDA and all-time record backlog. 2024 guidance affirmed: Regulated energy delivery earnings in the range of $170 million to $180 million; Everus revenues of $2.9 billion to $3.1 billion with EBITDA of $220 million to $240 million. MDU Resources Group, Inc. (NYSE: MDU) today reported strong first quarter results fr ...

MDU Resources Group (MDU) 2024 Investor Day Summary Company Overview - MDU Resources Group is transitioning to a pure play regulated utility company after the spin-off of Knife River in early 2023 and the anticipated spin-off of MDU Construction Services Group (now Everest Construction Group) expected at the end of 2024 [7][10][11] - The company serves 1.2 million customers across eight states with over 30,000 miles of electric and natural gas transmission and distribution lines, and has plans to invest $2.7 billion in regulated infrastructure over the next five years [8][11] Financial Performance - MDU's Utility Group earnings increased by 17% over 2022, with significant capital investments driving rate base growth of over 8.5% [71] - Pipeline earnings rose by 33% year-over-year, attributed to expansion projects and higher contracted volume commitments [72] - Everest Construction Group reported record revenue, earnings, and EBITDA, with a compound annual growth rate of 17% over the past five years [57][72] Strategic Focus - The company aims for nearly 100% regulated business, providing stability and predictability in cash flow [11][26] - MDU's long-term guidance includes an EPS growth rate of 6% to 8% and utility rate base growth of 7% [21][87] - The CORE framework focuses on customers and communities, operational excellence, returns-focused strategies, and employee engagement [13][25] Regulatory Environment - MDU has a proactive regulatory strategy, with significant activity in 2023 including completed rate cases in North Dakota and Montana [76][77] - The company plans to file several new rate cases in 2024, aiming to minimize regulatory lag and enhance earnings growth [77][78] Sustainability Initiatives - MDU is committed to reducing greenhouse gas emissions, with targets of a 45% reduction by 2030 for its electric utility and a 30% reduction for its natural gas utility by 2035 [43][42] - The company is also focusing on renewable natural gas and has established interconnection agreements to enhance its sustainability efforts [44] Market Opportunities - The company sees strong growth potential in the electrical and mechanical infrastructure markets, driven by federal funding and the demand for large-scale transmission projects [63][85] - The data center market is a significant growth opportunity, with a major customer addition in 2023 and plans for further expansions [23][72] Conclusion - MDU Resources Group is positioned for long-term growth with a strong balance sheet, a focus on regulated utility operations, and a commitment to sustainability and community engagement [88][89] - The anticipated spin-off of Everest Construction Group is expected to enhance shareholder value and allow both entities to focus on their core strengths [85][88]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 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 jurisdiction of ...