Welcome to our dedicated page for Mdu Resources news (Ticker: MDU), a resource for investors and traders seeking the latest updates and insights on Mdu Resources stock.
MDU Resources Group, Inc. (MDU) provides essential regulated energy services across electric, natural gas, and pipeline infrastructure sectors. This dedicated news hub offers investors and stakeholders centralized access to official company announcements and market-moving developments.
Track earnings reports, regulatory filings, and strategic initiatives through verified press releases. Our curated news collection simplifies monitoring of infrastructure investments, rate case updates, and operational milestones impacting this energy services provider.
Key updates include coverage of MDU's electric utility operations across eight states, natural gas distribution network expansions, and pipeline transportation developments. Stay informed about capital investment programs and regulatory compliance updates that shape the company's performance.
Bookmark this page for streamlined access to MDU's latest verified news. Check regularly for updates on infrastructure projects, dividend declarations, and operational disclosures critical for energy sector analysis.
On May 14, 2024, MDU Resources Group shareholders elected Douglas W. Jaeger as a new independent director to the company's board. With over 27 years of industry experience, Jaeger is currently the president and CEO of Ulteig and has held senior leadership roles at Adolfson & Peterson, Xcel Energy, and Exelon Corp. His expertise aligns with MDU's energy delivery and construction services businesses. Jaeger also serves on the boards of Ulteig, Amsoil, and Computype, along with the non-profit Great Plains Institute. He holds an MBA from the University of St. Thomas and a bachelor's degree from St. John's University.
MDU Resources Group, Inc. reported strong first-quarter results with record earnings across its utility, pipeline, and construction services businesses. Notably, the regulated pipeline business saw an 82% earnings increase, while the utility earnings were up by 4%. Everus reported an 8% increase in earnings with record EBITDA and backlog. The company affirmed its 2024 guidance, including regulated energy delivery earnings of $170-180 million and Everus revenues of $2.9-3.1 billion.
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