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MDU Resources Group Q1 2023 Earnings Report

MDU Resources Group logo
$18.10 +0.12 (+0.67%)
(As of 12/20/2024 05:31 PM ET)

MDU Resources Group EPS Results

Actual EPS
$0.23
Consensus EPS
$0.20
Beat/Miss
Beat by +$0.03
One Year Ago EPS
$0.16

MDU Resources Group Revenue Results

Actual Revenue
$1.74 billion
Expected Revenue
$1.38 billion
Beat/Miss
Beat by +$355.00 million
YoY Revenue Growth
+22.60%

MDU Resources Group Announcement Details

Quarter
Q1 2023
Time
Before Market Opens

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MDU Resources Group Earnings Headlines

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MDU Resources boosts capital investment to $3.1 billion
MDU Resources Unveils Ambitious Five-Year Investment Plan
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About MDU Resources Group

MDU Resources Group (NYSE:MDU) engages in the regulated energy delivery, and construction materials and services businesses in the United States. It operates through four segments: Electric, Natural Gas Distribution, Pipeline, and Construction Services. The Electric segment generates, transmits, and distributes electricity for residential, commercial, industrial, and municipal customers in Montana, North Dakota, South Dakota, and Wyoming; and operates 3,400 miles of transmission lines, 4,800 miles of distribution lines, and 82 transmission and 298 distribution substations. The Natural Gas Distribution segment distributes natural gas for residential, commercial, and industrial customers in Idaho, Minnesota, Montana, North Dakota, Oregon, South Dakota, Washington, and Wyoming; and supplies related value-added services. The Pipeline segment provides natural gas transportation and underground storage services through a regulated pipeline system primarily in the Rocky Mountain and northern Great Plains regions; and cathodic protection and other energy-related services. The Construction Services segment offers electrical and mechanical contracting services, including the construction and maintenance of electrical and communication wiring and infrastructure, fire suppression systems, mechanical piping, and services; transmission and distribution contracting services, comprise construction and maintenance of overhead and underground electrical, and gas and communication infrastructure; and manufactures and supplies transmission and distribution lines construction equipment and tools. It serves manufacturing, commercial, industrial, transportation, institutional, and renewable and government customers, as well as utilities. MDU Resources Group, Inc. was incorporated in 1924 and is headquartered in Bismarck, North Dakota.

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