MDU Resources Reveals $3.1B Capital Plan to Boost Infrastructure [Yahoo! Finance]
MDU Resources Group, Inc. (Holding Company) (MDU)
Last mdu resources group, inc. (holding company) earnings: 7/30 04:25 pm
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US:NYSE Investor Relations:
investor.mdu.com/investor-relations
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Source: Yahoo! Finance
This planned capital investment reflects MDU's commitment to providing safe and reliable service to its electric, natural gas and pipeline customers. Over the next five years, MDU Resources plans to invest 47% more in its natural gas and electric distribution businesses than it did during 2020-2024. In order to efficiently serve an expanding customer base (expected to increase 1-2% per year), these expenditures will be dedicated to building substations, electric transmission lines and natural gas distribution infrastructure. The company intends to invest nearly $1.18 billion and $1.41 billion in the electric and natural gas distribution segments, respectively. MDU aims to spend $473 million in pipeline business. The company looks forward to replacing and modernizing the existing electric and natural gas utility infrastructure to enhance service reliability. The combined rate base for the natural gas and electric distribution divisions is anticipated to witness a compound annual
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MDU
News
- Q3 Earnings Highs And Lows: MDU Resources (NYSE:MDU) Vs The Rest Of The Construction and Engineering Stocks [Yahoo! Finance]Yahoo! Finance
- NorthWestern Energy Welcomes New Board Member [Yahoo! Finance]Yahoo! Finance
- MDU Resources Group Announces Increased Capital Investment Plan for 2025-2029PR Newswire
- MDU Resources Welcomes Vernon Dosch to Board of Directors [Yahoo! Finance]Yahoo! Finance
- MDU Resources Welcomes Vernon Dosch to Board of DirectorsPR Newswire
MDU
Earnings
- 11/7/24 - Beat
MDU
Sec Filings
- 11/21/24 - Form 8-K
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- MDU's page on the SEC website