MDU Resources Group is a diversified natural resource company. Through its Montana-Dakota Utilities Co. subsidiary, Co. generates, transmits and distributes electricity as well as distributes...
Dividend Inc. submits: There is a commonly told myth that says that companies that pay a dividend misallocate funds that could be used to generate new revenue or grow the company. According to this myth the lack of growth in the company will keep the stock's price low...
BISMARCK, N.D. -- MDU Resources Group, Inc. (NYSE:MDU) today announced that Bill Connors has been named vice president - renewable resources, effective Sept. 1. Connors will lead the development of a corporatewide renewable resources investment strategy. He will focus on identifying potential investment opportunities that are complementary to...
BISMARCK, N.D. -- MDU Resources Group, Inc. (NYSE:MDU) announced record second quarter financial results, with consolidated earnings from continuing operations of $115.3 million, a 41 percent increase from $81.8 million for the second quarter of 2007. Earnings per common share from continuing operations were 63 cents, compared to 45 cents...
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BISMARCK, N.D. -- MDU Resources Group, Inc. (NYSE:MDU) has announced that its indirect wholly owned subsidiary, Fidelity Exploration & Production Company, recently completed its first operated well in the Three Forks/Sanish formation in the Bakken shale area in Mountrail County in North Dakota. After the fracture stimulation treatment,...
BISMARCK, N.D. -- MDU Resources Group, Inc. (NYSE:MDU) will webcast its second quarter 2008 earnings release conference call August 4 following the release of its results. Presenting the earnings results and guidance will be MDU Resources' Chief Executive Officer and President Terry D. Hildestad and Executive Vice...
NEW YORK -- MDU Resources Group, Inc.'s (MDU, IDR rated 'A-' by Fitch) purchase of Intermountain Gas Company IGC for a total consideration of approximately $328 million in cash and assumption of debt, is not anticipated to have an effect on MDU's ratings or Stable Rating Outlook....
BISMARCK, N.D. -- Williston Basin Interstate Pipeline Company, the wholly owned natural gas transmission pipeline subsidiary of MDU Resources Group, Inc. (NYSE:MDU), announced plans to expand its existing Grasslands Pipeline. Placed in service in December 2003, the Grasslands Pipeline runs from the Powder River Basin in northeastern...
BISMARCK, N.D. -- MDU Resources Group, Inc. (NYSE:MDU) announced today that it entered into an agreement to acquire Intermountain Gas Company, a wholly-owned subsidiary of privately held Intermountain Industries, Inc. The acquisition is a cash-for-stock transaction. Intermountain Gas, headquartered in Boise, Idaho, serves more than...
HOUSTON -- Tudor, Pickering, Holt & Co., LLC, the energy investment and merchant banking firm, today announced that TPH Partners, LLC, its private investment subsidiary has named four senior advisors: Francis S. Kalman, Richard H. Lewis, Steven J. Shapiro, and Joel V. Staff. These seasoned industry leaders...
Brownstone Ventures Inc. (TSX VENTURE: BWN) ("Brownstone") and its joint venture partner, Dejour Enterprises Ltd. (TSX: DEJ)(AMEX: DEJ) ("Dejour") announced today they have signed a joint operating agreement with Fidelity Exploration & Production Company covering 14,000 acres of long term, highly prospective oil and gas leases in the...
DENVER -- Dejour Enterprises Ltd., (Amex: DEJ, TSX-V:DEJ) an oil and natural gas exploration and production company, announced today it has signed a joint operating agreement with Fidelity Exploration & Production Company covering 14,000 acres of long term, highly prospective oil and gas leases in the Northern...
BISMARCK, N.D. -- MDU Resources Group, Inc. (NYSE:MDU) announced today that it has acquired Amador Transit Mix, Inc. and related companies Amador, a premier ready-mix concrete producer in Sutter Creek, Calif., located approximately 45 miles southeast of Sacramento. Amador will become part of Knife River Corporation, the construction...
BISMARCK, N.D. -- The MDU Resources Group (NYSE: MDU) board of directors today declared quarterly dividends on the company's common and preferred stock. The dividend for common stock is 14.5 cents per share, unchanged from the previous quarter. Dividends for preferred stock are: * $1.12-1/2 per...
BISMARCK, N.D. -- MDU Resources Group, Inc. (NYSE:MDU) today announced that outside Director Thomas Everist intends to file a Form 144 on May 8 with the Securities and Exchange Commission, indicating his intent to sell up to 600,000 shares of MDU Resources stock within the next three months. ...
BISMARCK, N.D. -- MDU Resources Group, Inc. (NYSE:MDU) announced record first quarter financial results, with consolidated earnings from continuing operations of $70.9 million, compared to $41.2 million for the first quarter of 2007. Earnings per common share from continuing operations were 39 cents, compared to 23 cents in the first...
BISMARCK, N.D. -- MDU Resources Group, Inc. (NYSE:MDU) will webcast its presentation to the financial community Monday, May 5, at the 2008 American Gas Association Financial Forum. MDU Resources' President and Chief Executive Officer Terry D. Hildestad and Executive Vice President, Treasurer and Chief Financial Officer Vernon A. Raile will...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c89724) has announced the addition of MDU Resources Group, Inc. Strategic Analysis Profile to their offering. - The MDU Resources Group, Inc. Strategic Analysis Profile is a comprehensive profile of the company including both quantitative and qualitative research. The report examines the...
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