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MDU Resources Group Inc (MDU.N)

MDU.N on New York Stock Exchange

26.08USD
25 Sep 2017
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Latest Key Developments (Source: Significant Developments)

MDU Resources names Jason Vollmer as CFO, Stephanie Barth as CAO
Thursday, 21 Sep 2017 04:30pm EDT 

Sept 21 (Reuters) - Mdu Resources Group Inc :MDU Resources names Jason Vollmer to CFO position, Stephanie Barth to CAO.Mdu resources group inc- Jason Vollmer replacing Doran Schwartz as CFO.  Full Article

MDU Resources Group files for potential mixed shelf; size not disclosed
Friday, 18 Aug 2017 10:19am EDT 

Aug 18 (Reuters) - MDU Resources Group Inc :MDU Resources Group Inc <<>> files for potential mixed shelf; size not disclosed - SEC filing‍​.  Full Article

MDU Resources Resources Q2 EPS $0.21 including items
Tuesday, 1 Aug 2017 05:02pm EDT 

Aug 1 (Reuters) - MDU Resources Group Inc :MDU Resources reports second quarter earnings; reaffirms 2017 earnings guidance.Sees FY 2017 earnings per share $1.10 to $1.25.Q2 earnings per share $0.22 from continuing operations.Q2 earnings per share view $0.25 -- Thomson Reuters I/B/E/S.Q2 earnings per share $0.21 including items.MDU Resources Group Inc - earnings at pipeline and midstream business were $5.3 million for Q2, compared to $6.3 million in 2016.FY2017 earnings per share view $1.21 -- Thomson Reuters I/B/E/S.MDU Resources Group Inc - combined construction backlog of $1.4 billion at June 30 was up approximately 4 percent compared to end of Q2 2016.MDU Resources Group Inc qtrly operating revenues $1.07 billion versus $1.04 billion.MDU Resources Group Inc qtrly electric and natural gas utility earns $5.0 million, up from $200,000 in Q2 2016.Sees 2017 total capital expenditures $ 515 million.Sees 2018 total capital expenditures $ 547 million.Sees 2019 total capital expenditures $ 435 million.  Full Article

MDU Resources Q1 EPS $0.18 from continuing operations
Wednesday, 3 May 2017 05:09pm EDT 

May 3 (Reuters) - MDU Resources Group Inc ::MDU Resources reports stronger first quarter earnings from continuing operations.Sees FY 2017 earnings per share $1.10 to $1.25.Q1 earnings per share $0.18 from continuing operations.Q1 earnings per share $0.19 including items.Q1 earnings per share view $0.17 -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $1.21 -- Thomson Reuters I/B/E/S.MDU Resources Group Inc says electric and natural gas utility reported earnings of $42.2 million for Q1 2017, up 16 percent compared to $36.3 million in 2016.MDU Resources Group Inc says Q1 2017 earnings at pipeline and midstream business were $3.9 million, compared to earnings of $5.3 million in 2016.Construction materials backlog at end of Q1 was $725 million, compared to Q1 2016's backlog of $831 million.MDU Resources Group Inc says reaffirmed its 2017 earnings per share guidance in range of $1.10 to $1.25.Qtrly operating revenues $937.9 million versus $860.2 million.Q1 revenue view $921.4 million -- Thomson Reuters I/B/E/S.Construction services business' project backlog remains steady at $529 million at end of Q1 2017, versus $530 million in 2016.  Full Article

MDU Resources reports Q4 EPS $0.33 from cont ops
Wednesday, 1 Feb 2017 05:00pm EST 

MDU Resources Group Inc - : MDU Resources reports 2016 earnings, initiates guidance for 2017 . Sees fy 2017 earnings per share $1.10 to $1.25 . Q4 earnings per share $0.33 from continuing operations . Q4 earnings per share view $0.28 -- Thomson Reuters I/B/E/S . Fy2017 earnings per share view $1.39 -- Thomson Reuters I/B/E/S . Construction materials had record year-end backlog of $538 million, which is 10 percent higher than previous record year-end backlog . Mdu Resources Group Inc - "We are optimistic about what we anticipate will be positive impacts from potential tax reform" . Qtrly operating revenues $1,016.1 million versus $1,016.8 million ."Optimistic" about positive impacts from potential incremental infrastructure spending proposed by country's new administration.  Full Article

Montana-Dakota Utilities signs agreement to purchase power from wind farm expansion
Tuesday, 3 Jan 2017 08:35am EST 

Mdu Resources Group Inc : Montana-Dakota Utilities Co signs agreement to purchase power from wind farm expansion . Agreement also includes an option for Montana-Dakota to buy project at close of construction. . Expansion includes 13 to 16 turbines, depending on turbine size selected, and will be constructed by ACE . MDU Resources Group - expansion of thunder spirit wind will boost combined production at wind farm to approximately 150 megawatts of renewable energy . MDU Resources Group -signed a 25-year agreement with a subsidiary of Allete Clean Energy to purchase power from a wind farm expansion .MDU Resources Group - if Montana-Dakota buys project, capital will be incremental to capital expenditure forecast of $1.24 billion for 2017 through 2021.  Full Article

MDU Resources says unit received an imminent danger order on Nov 29
Tuesday, 13 Dec 2016 01:25pm EST 

Mdu Resources Group Inc : On November 29, 2016, unit received an imminent danger order issued by mine safety and health administration . Imminent danger order was issued at state option pit in Hubbard county, Minnesota Source (http://bit.ly/2hBzka1) Further company coverage: [MDU.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

MDU Resources subsidiary signs sale agreement for its share of N.D. Natural gas processing plant
Monday, 21 Nov 2016 04:15pm EST 

MDU Resources Group Inc - : MDU Resources subsidiary signs sale agreement for its share of N.D. Natural gas processing plant . Entered into purchase, sale agreement to sell 50 pct non-operating ownership interest in Pronghorn natural gas processing plant . Company's share of sale price would be approximately $100 million .Agreement includes associated assets include 137 miles of natural gas-gathering pipeline, 143 miles of oil-gathering pipeline.  Full Article

MDU Resources Q2 earnings from continuing operations of $0.24/shr
Tuesday, 2 Aug 2016 05:30pm EDT 

Mdu Resources Group Inc : MDU Resources Group Inc - Qtrly earnings from continuing operations $0.24 per common share . MDU Resources Group Inc - Q2 earnings from continuing operations of $46.1 million, or 24 cents per common share . MDU Resources Group Inc - Including discontinued operations, exploration and production businesses, reported loss of $109.3 million, or 56 cents per share for Q2 . MDU Resources Group Inc - Qtrly operating revenues $ 1,043.9 million versus $ 938.0 million . Q2 earnings per share view $0.21, revenue view $1.07 billion -- Thomson Reuters I/B/E/S . MDU Resources Group Inc - Including discontinued operations, company expects 2016 earnings of 15 cents to 30 cents per share . MDU Resources Group Inc - Says projected earnings included in 2016 guidance for pipeline and midstream are $17 million to $23 million . MDU Resources Group Inc - Construction services backlog up 18 percent to $508 million at quarter end .FY2016 earnings per share view $1.13 -- Thomson Reuters I/B/E/S.  Full Article

MDU expects after-tax impairment charge from discontinued operations $150-$160 mln
Tuesday, 28 Jun 2016 09:43am EDT 

Mdu Resources Group Inc : Anticipates after-tax impairment charge from discontinued operations in range of $150 million-$160 million, to be recorded in Q2 Source: (http://1.usa.gov/28ZIkxC ) Further company coverage: [MDU.N] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

BRIEF-MDU Resources names Jason Vollmer as CFO, Stephanie Barth as CAO

* MDU Resources names Jason Vollmer to CFO position, Stephanie Barth to CAO