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MDU Resources Group Inc - MDU STOCK NEWS

Welcome to our dedicated news page for MDU Resources Group (Ticker: MDU), a resource for investors and traders seeking the latest updates and insights on MDU Resources Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MDU Resources Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MDU Resources Group's position in the market.

News
MDU Resources to Webcast First Quarter 2024 Earnings Conference Call
Rhea-AI Summary
MDU Resources Group, Inc. (MDU) will webcast its first quarter 2024 earnings conference call on May 2, 2024, before the U.S. financial markets open. Investors can access the webcast on www.mdu.com under the 'Investors' heading. A replay will be available after the webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.81%
Tags
conferences earnings
-
News
MDU Resources Files Confidential Form 10 for Planned Late 2024 Spinoff of Construction Services Business
Rhea-AI Summary
MDU Resources Group, Inc. plans to spin off its construction services business, Everus Construction Group, with a confidential draft registration statement submitted to the SEC. The spinoff is expected to be completed in Q4 2024, allowing MDU Resources to focus on its regulated energy delivery business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.72%
Tags
none
-
News
MDU Construction Services Group Rebrands to Everus Construction Group; Spinoff Remains on Track for Late 2024
Rhea-AI Summary
MDU Resources Group, Inc. rebrands its construction services business to Everus Construction Group, Inc. in preparation for a planned tax-free spinoff. The spinoff aims to create two independent, publicly traded companies, with the process expected to be completed late this year. Nicole A. Kivisto, CEO of MDU Resources, highlights the rebranding as a strategic move to enhance shareholder value and enable focused growth opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
Tags
none
News
MDU Resources Affirms 2024 Guidance, Updates Long-Term Earnings Per Share Guidance
Rhea-AI Summary
MDU Resources Group, Inc. affirms 2024 financial guidance and updates long-term earnings per share growth rate outlook. The company expects earnings from regulated energy delivery and construction services revenues to remain strong. MDU Resources plans a tax-free spinoff of its construction services business in late 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.01%
Tags
earnings
-
News
MDU Resources Celebrates 100 Years With Analyst and Investor Day, Ringing Closing Bell at NYSE
Rhea-AI Summary
MDU Resources Group, Inc. celebrates its 100th anniversary with a bell ringing ceremony at the New York Stock Exchange. President and CEO Nicole Kivisto leads the event, highlighting the company's achievements over the past century.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
Tags
none
-
News
MDU Resources Declares Quarterly Dividend on Common Stock
Rhea-AI Summary
MDU Resources Group, Inc. declares a steady quarterly dividend of 12.5 cents per share, payable to stockholders on April 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
Tags
dividends
News
MDU Resources Reports Robust Growth in 2023; Initiates Guidance for 2024
Rhea-AI Summary
MDU Resources Group, Inc. (NYSE: MDU) reported record electric retail sales volumes, pipeline earnings, and construction services revenues for 2023. The company completed a tax-free exchange of its retained shares in Knife River Corporation and provided 2024 guidance for regulated energy delivery earnings and construction services revenues. The company's utility, pipeline, and construction services businesses all had strong performances in 2023, with record results. MDU Resources plans to continue its momentum into 2024 with investments in transmission and distribution upgrades and expansion projects at its natural gas pipeline business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.12%
Tags
none
-
News
MDU Resources to Webcast Year-End 2023 Earnings Conference Call
Rhea-AI Summary
MDU Resources Group, Inc. will webcast its year-end 2023 earnings conference call on Feb. 8 at 2 p.m. EST. The company will release its year-end results before U.S. financial markets open that day. The webcast can be accessed at www.mdu.com under the 'Investor Relations' heading. After the conclusion of the webcast, a replay will be available at the same location.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.21%
Tags
conferences earnings
-
News
MDU Resources Names Chief Utilities Officer
Rhea-AI Summary
MDU Resources Group, Inc. (NYSE: MDU) appoints Garret Senger as chief utilities officer for the company's electric and natural gas utility business, effective Jan. 6. Nicole A. Kivisto will assume the role of president and CEO of MDU Resources on the same day. Senger, an executive vice president with 40 years of company experience, is expected to lead day-to-day utility operations, ensuring reliable and affordable service for customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.76%
Tags
none
News
MDU Resources Announces Five-Year Capital Investment Plan
Rhea-AI Summary
MDU Resources Group, Inc. (NYSE: MDU) plans to make capital investments totaling $2.8 billion from 2024 through 2028, with a 15% increase in planned spending for regulated energy delivery businesses. The company also intends to pursue a tax-free spinoff of its construction services subsidiary, MDU Construction Services Group, to become a pure-play regulated energy delivery business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.2%
Tags
none
Stock MDU logo
MDU Resources Group Inc

NYSE:MDU

MDU Rankings

#1199 Ranked by Market Cap
#2411 Ranked by Stock Gains
#1400 Ranked by Dividends

MDU Stock Data

4.93B
201.31M
0.63%
72.85%
1.36%
Water and Sewer Line and Related Structures Construction
Construction
Link
United States
Bismarck

About MDU

a strong infrastructure is the heart of our economy. it is the oil, natural gas and electricity that power business, industry and our daily lives. it is the pipes and wires that connect our homes, factories, offices and stores to bring them to life. it is the transportation network of roads, highways and airports that keeps our economy moving. infrastructure is our business. mdu resources group provides value-added natural resource products and related services that are essential to energy and transportation infrastructure. our company was founded in 1924 as a small electric utility serving a handful of farm communities on the border of montana and north dakota. we realized early the value of delivering a variety of services, and grew our company by developing a core line of businesses. today, we are a multibillion-dollar corporation with operations and customers across the country. mdu resources is the largest publicly traded company headquartered in the four-state region of nor