BISMARCK, N.D., Sept. 18, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced the retirement of Peggy Link, vice president and chief information officer, effective Jan. 10, 2025. Dyke Boese, currently director of enterprise infrasture and operations, will succeed Link.Joining MDU Resources in 2005, and throughout her tenure, Link has been a pivotal member of the company overseeing information technology functions for the company and its business units. Named as the first chief informa ...

BISMARCK, N.D., Sept. 12, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced the public filing of a Form 10 registration statement with the Securities and Exchange Commission that identifies "ECG" as the ticker symbol under which Everus Construction Group, the company's construction services subsidiary, expects to be listed on the New York Stock Exchange. MDU Resources is on track to complete the planned spinoff of Everus into an independent, publicly traded company in late 2024.In t ...

MDU Resources’ (MDU) systematic investments should further improve the reliability of services to help better serve the company’s growing customer base. The company’s focus on regulated energy delivery should boost overall performance.However, this Zacks Rank #3 (Hold) company faces risks related to aging infrastructure and seasonality of business operations.MDU’s TailwindsMDU is focused on safely meeting customer demand by upgrading and expanding its electric and natural gas infrastructure. MDU Resources e ...

BISMARCK, N.D., Sept. 3, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced the anticipated board of directors for Everus Construction Group, effective upon completion of the planned spinoff of the construction services subsidiary into an independent, publicly traded company. The spinoff is expected to be complete in late 2024.Everus' post-spinoff board is expected to consist of seven directors, including six independent directors.These individuals are anticipated to move from MDU Re ...

MDU Resources Group (MDU) announced that its board of directors has approved a 4% increase in its quarterly dividend rate. The company has paid uninterrupted dividends for 86 years. The new dividend rate will be 13 cents per share compared with the previous quarter’s 12.5 cents, payable on Oct 1, 2024, to stockholders of record as of Sept 12.This increase resulted in an annualized dividend of 52 cents per share compared with the previous level of 50 cents. The board continues to target a long-term dividend ...

BISMARCK, N.D., Aug. 15, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) announced today that Michael S. Della Rocca and Marian M. Durkin have been appointed to the company's board of directors.Della Rocca, during his 35-year career, held a number of executive positions within the engineering and construction industry, including as chief executive, Americas, of AECOM. He also was a partner in consulting firm McKinsey & Company, where he provided clients with strategic counsel on capital projects. ...

BISMARCK, N.D., Aug. 15, 2024 /PRNewswire/ -- The board of directors of MDU Resources Group, Inc. (NYSE: MDU) has increased the quarterly dividend on the company's common stock to 13 cents per share, for an annualized dividend of 52 cents per share. This represents a 4% increase over the previous quarterly dividend of 12.5 cents per share. The board continues to target a long-term dividend payout ratio of 60% to 70% of regulated energy delivery earnings."MDU Resources remains committed to the transition to ...

MDU Resources Group Inc. (MDU) reported second-quarter 2024 operating earnings per share (EPS) of 32 cents, which increased 10.3% from the year-ago quarter’s 29 cents.GAAP EPS was 30 cents compared with 64 cents in the prior-year period.Total RevenuesTotal operating revenues decreased 4% to $1.04 billion from $1.09 billion in the comparable period of 2023.Operating revenues in the electric, natural gas distribution and regulated pipeline totaled $340.5 million, up 0.2% from the prior-year quarter’s figure. ...

MDU Resources Group, Inc. (NYSE:MDU) Q2 2024 Earnings Conference Call August 8, 2024 2:00 PM ET Company Participants Jason Vollmer - Vice President, Chief Financial Officer & Treasurer Nicole Kivisto - President & Chief Executive Officer Stephanie Sievert - Vice President, Chief Accounting Officer & Controller Jeff Thiede - President & Chief Executive Officer of Everus Conference Call Participants Brent Thielman - D.A. Davidson Ryan Levine - Citi Operator Hello. My name is Jamie and I will be your conferenc ...

MDU RESOURCES Second Quarter Earnings Call August 8, 2024 MDU LISTED NYSE Forward-Looking Statement This presentation includes "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. Although the company believes that its expectations and beliefs are based on reasonable assumptions, actual results may differ materially. For a discussion of factors that may cause actual results to differ, refer to Item 1A – Risk Factors in the company's most recent Form 10-K and ...