MDU Resources Group (MDU) Reports In-Line Q3 EPS

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Go back to MDU Resources Group (MDU) Reports In-Line Q3 EPS

MDU Resources Reports Third Quarter Earnings, Announces Sale of Exploration and Production Assets

November 2, 2015 5:10 PM EST

Utility earnings increase, driven by 7 percent higher electric retail sales volumes; has several rate cases pending. Pipeline and energy services affected by historically low commodity price environment partially offset by higher transportation volumes. Construction materials reports record quarter, with 25 percent earnings gain; has higher backlog than last year of $533 million. Construction services backlog 32 percent higher than last year, positioning for stronger 2016. Fidelity Exploration & Production Company closes sale of one property and executes four additional purchase and sale... More