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MDU Resources (MDU) - 2024 Q3 - Earnings Call Transcript
2024-11-07 23:28
MDU Resources Group, Inc. (NYSE:MDU) Q3 2024 Earnings Conference Call November 7, 2024 2:00 PM ET Company Participants Jason Vollmer – Vice President, Chief Financial Officer and Treasurer Nicole Kivisto – President and Chief Executive Officer Rob Johnson – President of WBI Energy Conference Call Participants Chris Ellinghaus – Siebert Williams Shank Ryan Levine – Citi Operator Hello, my name is Todd, and I will be your conference facilitator. At this time, I would like to welcome everyone to the MDU Resour ...
MDU Resources (MDU) - 2024 Q3 - Earnings Call Presentation
2024-11-07 19:08
MDU RESOURCES Third Quarter Earnings Call November 7, 2024 = MDU LISTED NYSE Legal Disclaimer Forward-Looking Statements The information in this presentation highlights the key growth strategies, projections and certain assumptions for the company and its subsidiaries and other matters for each of the company's businesses. Many of these highlighted statements and other statements not historical in nature are "forwardlooking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 ...
MDU Resources (MDU) - 2024 Q3 - Quarterly Report
2024-11-07 13:47
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 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 juris ...
MDU Resources (MDU) - 2024 Q3 - Quarterly Results
2024-11-07 13:34
MDU Resources Reports Strong Q3 Earnings, Increases 2024 Guidance Key Financial Highlights for Third Quarter 2024: • Electric earnings of $24.3 million, an increase of 16.3% over third quarter 2023. • Pipeline record third quarter earnings of $15.1 million, up 27.0% from the same quarter last year. • Construction services earnings of $41.8 million, a 16.1% increase from third quarter 2023. • Increasing regulated energy delivery earnings guidance range to $180 million to $185 million. BISMARCK, N.D. — Nov. 7 ...
MDU Resources Reports Strong Q3 Earnings, Increases 2024 Guidance
Prnewswire· 2024-11-07 13:30
Key Financial Highlights for Third Quarter 2024: Electric earnings of $24.3 million, an increase of 16.3% over third quarter 2023. Pipeline record third quarter earnings of $15.1 million, up 27.0% from the same quarter last year. Construction services earnings of $41.8 million, a 16.1% increase from third quarter 2023. Increasing regulated energy delivery earnings guidance range to $180 million to $185 million. BISMARCK, N.D., Nov. 7, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today reported ...
MDU Resources Completes Spinoff of Everus Construction Group
Prnewswire· 2024-11-01 12:30
BISMARCK, N.D., Nov. 1, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced the successful completion of the spinoff of its construction services subsidiary, Everus Construction Group (NYSE: ECG). As a result of the spin-off, Everus is now an independent public company. "This achievement is truly remarkable, and a testament to the hard work and dedication of our employees," said Nicole Kivisto, president and CEO of MDU Resources. "The successful spinoff of Everus within two years of s ...
MDU Resources: A Hidden Gem Powering Strong Returns And Growth
Seeking Alpha· 2024-10-19 12:00
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Everus Construction Group Holding Investor and Analyst Information Event Today at NYSE
Prnewswire· 2024-10-17 12:30
BISMARCK, N.D., Oct. 17, 2024 /PRNewswire/ -- Everus Construction Group, an industry-leading construction services provider, will hold an analyst and investor day at 10 a.m. EDT today at the New York Stock Exchange. At the event, management will provide an overview of the company's 4EVER strategic framework, investment highlights, operations, financial performance and anticipated growth prospects. The presentation will be followed by a question-and-answer session. Everus also is reiterating its 2024 guidanc ...
MDU Resources to Webcast Third Quarter 2024 Earnings Conference Call
Prnewswire· 2024-10-10 14:30
BISMARCK, N.D., Oct. 10, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) will webcast its third quarter 2024 earnings conference call at 2 p.m. ET Nov. 7. The company will release its third quarter results before U.S. financial markets open that day. The webcast can be accessed at www.mdu.com under the "Investors" heading. Select "Events & Presentations," and click "Q3 2024 Earnings Conference Call." After the conclusion of the webcast, a replay will be available at the same location. About MDU R ...
MDU Resources Board of Directors Approves Everus Spinoff, Declares Distribution of Shares of Everus
Prnewswire· 2024-10-02 12:30
BISMARCK, N.D., Oct. 2, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) announced today that its board of directors has approved the previously announced spinoff of the company's wholly owned construction services subsidiary, Everus Construction Group, through a pro rata distribution of all the outstanding shares of Everus common stock. "We believe this strategic move will unlock value for our shareholders and position Everus for continued growth and success," said Nicole A. Kivisto, president an ...