STOCK TITAN
  1. Home
  2. News
  3. MDU

MDU Resources Group, Inc. - $MDU STOCK NEWS

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

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 Publishes 2022 Sustainability Report
Rhea-AI Summary
MDU Resources Group sets a methane emissions reduction target of 30% by 2035 for its natural gas utility segment. The company's sustainability report also highlights a 40% reduction in greenhouse gas emissions intensity from owned electric generating facilities and top rankings in customer satisfaction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.89%
Tags
none
-
News
MDU Resources President and CEO Goodin to Retire; Kivisto Named Successor
Rhea-AI Summary
David L. Goodin, the president and CEO of MDU Resources Group, Inc., will retire on Jan. 5, 2023, after a 40-year career with the company. Nicole A. Kivisto, the current president and CEO of MDU Resources' electric and natural gas utility companies, will succeed Goodin as president and CEO on Jan. 6. Goodin has been credited with leading MDU Resources through significant strategic initiatives, growing subsidiary companies, and positioning the remaining corporation as a regulated energy delivery business. The board of directors unanimously selected Kivisto due to her strategic vision, shareholder focus, core values, and experience in regulated energy operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.24%
Tags
none
-
News
MDU Resources Declares Quarterly Dividend on Common Stock, Establishes Future Dividend Target
Rhea-AI Summary
MDU Resources Group, Inc. (NYSE: MDU) declares a quarterly dividend of 12.5 cents per share, representing a 66% payout ratio based on 2023 earnings guidance. The board also sets a long-term dividend payout ratio target of 60% to 70% of regulated energy delivery earnings. The dividend is payable on Oct. 1 to stockholders of record on Sept. 14.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.95%
Tags
dividends
News
MDU Resources Reports Higher Second Quarter Earnings, Increases Guidance
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.95%
Tags
earnings
-
News
MDU Resources to Webcast Second Quarter 2023 Earnings Conference Call
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.42%
Tags
conferences earnings
-
News
MDU Resources to Pursue Tax-Advantaged Separation of Construction Services Business
Rhea-AI Summary
MDU Resources Group, Inc. plans to pursue a potential tax-advantaged separation of its construction services business from the company to enhance value for stockholders. The construction services group has experienced record-breaking performance and is expected to generate revenue of $2.8 billion to $3.0 billion in 2023. MDU Resources also anticipates additional project opportunities from federal infrastructure investments and the energy transition in the U.S.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.07%
Tags
none
News
MDU Resources Subsidiary Receives Regulatory Approval to Serve Large Data Center Electric Load
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.99%
Tags
none
-
News
Knife River Corporation Completes Spinoff from MDU Resources
Rhea-AI Summary
Knife River Corporation completes spinoff from MDU Resources Group, becomes independent public company
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.74%
Tags
none
-
News
MDU Resources Completes Spinoff of Knife River
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.74%
Tags
none
News
MDU Resources Names Chief Legal Officer Successor
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.14%
Tags
none
Stock MDU logo
MDU Resources Group, Inc.

NYSE:MDU

MDU Rankings

#1207 Ranked by Market Cap
#2411 Ranked by Stock Gains
#1411 Ranked by Dividends

MDU Stock Data

5.14B
201.31M
0.63%
72.85%
1.36%
Water and Sewer Line and Related Structures Construction
Construction
Link
United States of America
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