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
![MDU Resources logo](/files/LOGO/67716-MDU.png)
Company profile
Ticker
MDU
Exchange
Website
CEO
David Goodin
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Bombard Electric, LLC • Bombard Mechanical, LLC • Capital Electric Construction Company, Inc. • Capital Electric Line Builders, LLC • Cascade Natural Gas Corporation • CEHI, LLC • Centennial Holdings Capital LLC • Desert Fire Holdings, Inc. • Desert Fire Protection, a Nevada Limited Partnership • Desert Fire Protection, Inc. ...
IRS number
410423660
MDU stock data
Latest filings (excl ownership)
8-K
MDU Resources’ Board of Directors Names Leadership for Everus Construction Group, Effective on Spinoff
18 Jul 24
SD
Conflict minerals disclosure
22 May 24
10-Q
2024 Q1
Quarterly report
2 May 24
8-K
MDU Resources Reports Strong First Quarter Results; Affirms 2024 Guidance
2 May 24
DEFA14A
Additional proxy soliciting materials
29 Apr 24
ARS
2023 FY
Annual report to shareholders
29 Mar 24
DEFA14A
Additional proxy soliciting materials
29 Mar 24
DEF 14A
Definitive proxy
29 Mar 24
8-K
Entry into a Material Definitive Agreement
18 Mar 24
8-K
MDU Resources Affirms 2024 Guidance, Updates Long-Term Earnings Per Share Guidance
13 Mar 24
Transcripts
MDU
Earnings call transcript
2024 Q1
2 May 24
MDU
Earnings call transcript
2023 Q3
2 Nov 23
MDU
Earnings call transcript
2023 Q2
3 Aug 23
MDU
Earnings call transcript
2023 Q2
3 Aug 23
MDU
Earnings call transcript
2023 Q1
4 May 23
MDU
Earnings call transcript
2022 Q4
9 Feb 23
MDU
Earnings call transcript
2022 Q3
4 Nov 22
MDU
Earnings call transcript
2022 Q2
5 Aug 22
MDU
Earnings call transcript
2022 Q1
5 May 22
MDU
Earnings call transcript
2021 Q4
11 Feb 22
Latest ownership filings
4
DAVID M SPARBY
28 Jun 24
11-K
Annual report of employee stock purchases
26 Jun 24
3
Douglas W. Jaeger
16 May 24
4
Rob L. Johnson
8 May 24
4
DAVID M SPARBY
1 Apr 24
SC 13D/A
Corvex Management LP
18 Mar 24
4
Dale Rosenthal
13 Mar 24
4
Anne M Jones
26 Feb 24
4
Garret Senger
16 Feb 24
4
Rob L. Johnson
16 Feb 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 89.30 mm | 89.30 mm | 89.30 mm | 89.30 mm | 89.30 mm | 89.30 mm |
Cash burn (monthly) | (no burn) | 324.42 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 1.25 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 88.04 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 271.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
70.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 375 |
Opened positions | 117 |
Closed positions | 36 |
Increased positions | 93 |
Reduced positions | 98 |
13F shares | Current |
---|---|
Total value | 3.56 tn |
Total shares | 143.72 mm |
Total puts | 8.00 k |
Total calls | 435.30 k |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 20.66 mm | $520.76 bn |
BLK Blackrock | 19.00 mm | $478.76 bn |
Corvex Management | 10.15 mm | $255.71 bn |
FMR | 7.87 mm | $198.28 bn |
Dimensional Fund Advisors | 6.93 mm | $174.60 bn |
STT State Street | 6.13 mm | $155.16 bn |
Barrow Hanley Mewhinney & Strauss | 4.29 mm | $108.15 bn |
Geode Capital Management | 3.55 mm | $89.36 bn |
American Century Companies | 3.18 mm | $80.15 bn |
River Road Asset Management | 3.13 mm | $78.81 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Jun 24 | Sparby David M | Phantom Stock Common Stock | Grant | Acquire A | No | No | 25.115 | 1,294.049 | 32.50 k | 23,134.077 |
7 May 24 | Rob L. Johnson | Common Stock - 401(k) | Buy | Acquire P | Yes | No | 25.46 | 36,291.048 | 923.97 k | 41,933.73 |
29 Mar 24 | Sparby David M | Phantom Stock Common Stock | Grant | Acquire A | No | No | 24.83 | 1,308.9 | 32.50 k | 21,737.187 |
12 Mar 24 | Dale Rosenthal | Common Stock | Buy | Acquire P | No | No | 22.55 | 375 | 8.46 k | 16,499 |
News
MDU Resources Names Leadership For Everus Construction Group, Effective On Spinoff; Jeffrey Thiede To Remain President And CEO; Thomas D. Nosbusch As COO; Maximillian J. Marcy As CFO; Expects The Spinoff To Be Complete In Late 2024v
18 Jul 24
Reasons to Add New Jersey Resources to Your Portfolio Now
17 Jun 24
New Jersey Resources' Unit Files for Gas Rate Revision
3 Jun 24
12 Industrials Stocks Moving In Wednesday's Pre-Market Session
29 May 24
Argus Research Upgrades MDU Resources Gr to Buy, Announces $30 Price Target
20 May 24
Press releases
MDU Resources' Board of Directors Names Leadership for Everus Construction Group, Effective on Spinoff
18 Jul 24
MDU Resources to Webcast Second Quarter 2024 Earnings Conference Call
17 Jul 24
MDU Resources Declares Quarterly Dividend on Common Stock
15 May 24
Jaeger Elected to MDU Resources Board of Directors
14 May 24
MDU Resources Reports Strong First Quarter Results; Affirms 2024 Guidance
2 May 24