Last $31.35 USD
Change Today +0.31 / 1.00%
Volume 423.6K
MDU On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 4:01 PM 08/20/14 All times are local (Market data is delayed by at least 15 minutes).

mdu resources group inc (MDU) Snapshot

Open
$31.02
Previous Close
$31.04
Day High
$31.36
Day Low
$30.90
52 Week High
05/1/14 - $36.05
52 Week Low
09/3/13 - $25.94
Market Cap
6.1B
Average Volume 10 Days
468.4K
EPS TTM
$1.59
Shares Outstanding
193.9M
EX-Date
09/9/14
P/E TM
19.7x
Dividend
$0.71
Dividend Yield
2.26%
Current Stock Chart for MDU RESOURCES GROUP INC (MDU)

Related News

No related news articles were found.

mdu resources group inc (MDU) Related Businessweek News

No Related Businessweek News Found

mdu resources group inc (MDU) Details

MDU Resources Group, Inc. operates as a diversified natural resource company in the United States. The company’s Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. As of December 31, 2013, it served approximately 134,000 residential, commercial, industrial, and municipal customers in 177 communities and adjacent rural areas. The company’s Natural Gas Distribution segment distributes natural gas in Montana, North Dakota, South Dakota, and Wyoming, as well as in Idaho, Minnesota, Oregon, and Washington. It served approximately 876,000 residential, commercial, and industrial customers in 334 communities and adjacent rural areas. The company’s Pipeline and Energy Services segment provides natural gas transportation, underground storage, processing, and gathering services, as well as oil gathering, and processing facilities in the Rocky Mountain and northern Great Plains regions. This segment also provides cathodic protection and other energy-related services. Its Exploration and Production segment acquires, explores, develops, and produces oil and natural gas properties in the Rocky Mountain and Mid-Continent/Gulf States regions. The company’s Construction Materials and Contracting segment mines aggregates, and markets crushed stone, sand, gravel, ready-mixed concrete, cement, asphalt, liquid asphalt, and other products. This segment also performs integrated contracting services. Its Construction Services segment constructs and maintains electric and communication lines, gas pipelines, fire suppression systems, and external lighting and traffic signalization equipment. This segment also provides utility excavation services; and electrical wiring, cabling, and mechanical services. In addition, it sells and distributes electrical materials; and manufactures and distributes specialty equipment. The company was founded in 1924 and is based in Bismarck, North Dakota.

9,133 Employees
Last Reported Date: 02/21/14
Founded in 1924

mdu resources group inc (MDU) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $625.0K
Chief Financial Officer and Vice President
Total Annual Compensation: $345.0K
Vice Chairman, Chief Executive Officer of Fid...
Total Annual Compensation: $570.0K
Chief Executive Officer of WBI Holdings Inc a...
Total Annual Compensation: $360.5K
President of Mdu Construction Services Group
Total Annual Compensation: $367.1K
Compensation as of Fiscal Year 2013.

mdu resources group inc (MDU) Key Developments

MDU Resources Group Announces Amendments to the Company's Bylaws, Effective August 14, 2014

On August 14, 2014, the Board of Directors of MDU Resources Group Inc. approved amendments to the company's Bylaws, effective August 14, 2014. The Company's Bylaws, as amended and restated on August 14, 2014.

The MDU Resources Declares Quarterly Dividends on Common and Preferred Stock, Payable on October 1, 2014

The MDU Resources Group board of directors declared quarterly dividends on the company's common and preferred stock. The dividend for common stock is 17.75 cents per share, unchanged from the previous quarter. Dividends for preferred stock are: $1.12-1/2 per share on 4.50% Series Preferred; $1.17-1/2 per share on 4.70% Series Preferred; $1.27-1/2 per share on 5.10% Series Preferred. The dividends are payable on October 1, 2014 to stockholders of record September 11, 2014.

MDU Resources Group Inc. Reports Unaudited Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings and Production Guidance for the Year 2014

MDU Resources Group Inc. reported unaudited earnings and production results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported operating revenues of $1,094.0 million against $1,060.6 million a year ago. Operating income was $98.9 million against $91.4 million a year ago. Income before income taxes was $79.9 million against $71.4 million a year ago. Income from continuing operations was $52.8 million against $46.4 million a year ago. Net income was $53.3 million or $0.28 per diluted share against $46.3 million or $0.24 per diluted share a year ago. Adjusted earnings were $56.7 million or $0.29 earnings per share against $47.2 million or $0.25 earnings per share a year ago. For the six months, the company reported operating revenues of $2,136.9 million against $1,992.2 million a year ago. Operating income was $201.8 million against $195.9 million a year ago. Income before income taxes was $164.0 million against $156.0 million a year ago. Income from continuing operations was $109.0 million against $103.4 million a year ago. Net income was $109.5 million or $0.58 per basic and diluted share against $102.8 million or $0.54 per basic and diluted share a year ago. Book value per common share was $15.75 against $14.19 a year ago. Net operating cash flow was $211 million against $234 million a year ago. Adjusted earnings for the six months ended June 30 were $117.4 million, or 61 cents per share, compared to $107.3 million, or 57 cents per share a year ago. Adjusted earnings were $117.4 million or $0.61 earnings per share against $107.3 million or $0.57 earnings per share a year ago. For the quarter, the company reported total production of 2,492 MBOE against 2,557 MBOE a year ago. For the six months, the company reported total production of 4,816 MBOE against 4,995 MBOE a year ago. For the year 2014, adjusted earnings per share for 2014 are projected in the range of $1.50 to $1.65. GAAP earnings guidance for 2014 is in the same range. Unrealized commodity derivatives fair values can fluctuate causing actual GAAP earnings to vary accordingly. The company's long-term compound annual growth goals on earnings per share from operations are in the range of 7% to 10%. Estimated gross capital expenditures for 2014 are approximately $1.1 billion. For 2014, the company now expects a 10% to 15% increase in oil production, lower than its earlier estimate primarily the result of the expected sale of certain Mountrail County assets. Natural gas liquids production is expected to decline 20% to 25% and natural gas production is expected to be 20% to 25% lower compared to a year ago. The declines are primarily the result of the divestment of certain non-strategic natural gas-based properties in 2013 and the expected divestment of the company's South Texas assets this year. The vast majority of the capital program is focused on growing oil production.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MDU:US $31.35 USD +0.31

MDU Competitors

Market data is delayed at least 15 minutes.

Company Last Change
AGL Resources Inc $52.35 USD +0.02
Atmos Energy Corp $50.65 USD +0.09
Boral Ltd A$5.32 AUD +0.05
DCP Midstream Partners LP $55.22 USD +0.51
First Solar Inc $70.83 USD +0.67
View Industry Companies
 

Industry Analysis

MDU

Industry Average

Valuation MDU Industry Range
Price/Earnings 20.7x
Price/Sales 1.3x
Price/Book 2.0x
Price/Cash Flow 8.8x
TEV/Sales 0.8x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MDU RESOURCES GROUP INC, please visit www.mdu.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.