MDU MDU Resources Group, Inc.

MDU Resources Group, Inc. engages in the provision of natural resource products and related services to energy and transportation infrastructure. It operates through the following business segments: Electric, Natural Gas Distribution, Pipeline and Midstream, Construction Materials and Contracting, Construction Services, and Other. The Electric segment generates, transmits and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. The Natural Gas Distribution segment distributes natural gas in Montana, North Dakota, South Dakota, Wyoming, Idaho, Minnesota, Oregon, and Washington. The Pipeline and Midstream segment offers natural gas transportation, underground storage, processing and gathering services, as well as oil gathering, through regulated and non-regulated pipeline systems and processing facilities. The Construction Materials and Contracting segment mines aggregates and markets crushed stone, sand, gravel and related construction materials, including ready-mixed concrete, cement, asphalt, liquid asphalt and other value-added products. The Construction Services segment refers to the inside and outside specialty contracting services. The company was founded by C. C. Yawkey, R.M. Heskett and Walter Alexander on March 14, 1924 and is headquartered in Bismarck, ND.

Company profile

Ticker

MDU

Exchange

NYSE

Website

www.mdu.com

CEO

David L. Goodin

Incorporated in

Delaware

Location

North Dakota

Fiscal year end

Dec 31

Sector

Non-Energy Minerals > Gas Distributors

Industry (SEC)

Mining & Quarrying of Nonmetallic Minerals (No Fuels)

Centrus Energy • Martin Marietta Materials • Covia • Summit Materials • Hecla Mining • Compass Minerals International • Intrepid Potash • U.S. Silica • Ciner Resources • Emerge Energy Services ...

SEC CIK

0000067716

Corporate docs

Articles of Incorporation & Bylaws

IRS number

410423660

MDU stock data

S&P 500

1M 1Y 2Y 5Y

Calendar

8 May 20

6 Jul 20

31 Dec 20

News

Company financial data Financial data

Chart MDU financial data

Quarter (USD)	Mar 20	Dec 19	Sep 19	Jun 19
Revenue	1.2B	1.38B	1.56B	1.3B
Net income	25.13M	95.07M	137.64M	61.83M
Diluted EPS	0.13	0.47	0.69	0.31
Net profit margin	2.10%	6.90%	8.80%	4.74%
Operating income	57.07M	130.22M	189.47M	97.31M
Net change in cash	50.07M	-541K	-4.97M	22.25M
Cash on hand	116.53M	66.46M	67M	71.97M

Annual (USD)	Dec 19	Dec 18	Dec 17	Dec 16
Revenue	5.34B	4.53B	4.44B	4.13B
Net income	335.45M	272.32M	281.2M	-67.26M
Diluted EPS	1.69	1.39	1.43	0.33
Net profit margin	6.29%	6.01%	6.33%	-1.63%
Operating income	481.22M	401.72M	424.05M	408.91M
Net change in cash	12.51M	19.35M	-11.51M	-37.8M
Cash on hand	66.46M	53.95M	34.6M	46.11M

Financial data from company earnings reports

Recent insider trades

MDU insider ownership history Insider history

Date	Owner	Security	Transaction	Code	10b5-1	$Price	#Shares	$Value	#Remaining
30 Jun 20	Ryan Edward A	Common Stock	Grant	Aquire A	No	22.3	560	12.49K	19,621
30 Jun 20	Sparby David M	Phantom Stock Common Stock	Grant	Aquire A	No	21.705	1,209.399	26.25K	2,429.195
21 May 20	Link Margaret A	Common Stock - 401(k)	Discretionary	Aquire I	No	21.2873	4,930.19	104.95K	14,545.8
18 May 20	Link Margaret A	Common Stock	Buy	Aquire P	No	21.3897	5,000	106.95K	5,000
14 May 20	Barney David C	Common Stock	Buy	Aquire P	No	19.95	1,500	29.93K	38,563

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2020

MDU institutional ownership history Ownership history

68.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	350	379	-7.7%
Opened positions	41	64	-35.9%
Closed positions	70	25	+180.0%
Increased positions	128	127	+0.8%
Reduced positions	121	113	+7.1%

13F shares	Current	Prev Q	Change
Total value	12.67B	21.52B	-41.1%
Total shares	137.4M	137.3M	+0.1%
Total puts	30.8K	0	NEW
Total calls	328.8K	269.3K	+22.1%
Total put/call ratio	0.1	–	–

Largest owners	Shares	Value	Change
Vanguard	21.48M	$461.87M	+2.6%
BLK BlackRock	19.64M	$422.33M	-2.1%
STT State Street	13.01M	$282.28M	-5.3%
Acadian Asset Management	4.59M	$98.58M	+25.1%
FMR	3.86M	$83.09M	+29.8%
BK Bank Of New York Mellon	3.01M	$64.77M	+0.9%
Geode Capital Management	2.92M	$62.69M	+4.9%
Parnassus Investments	2.61M	$56.11M	-16.3%
IVZ Invesco	2.56M	$55.13M	-8.0%
Dimensional Fund Advisors	2.15M	$46.26M	+4.4%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	0	-2.51M	EXIT
Ajo	2.12M	+1.9M	+839.0%
LSV Asset Management	1.85M	+1.85M	NEW
Millennium Management	32.08K	-1.66M	-98.1%
Adage Capital Partners GP, L.L.C.	0	-1.5M	EXIT
Citadel Advisors	1.31M	-1.29M	-49.6%
First Trust Advisors	2.07M	-944.44K	-31.3%
Acadian Asset Management	4.59M	+920.41K	+25.1%
FMR	3.86M	+886.91K	+29.8%
MNGPF Man	1.27M	+816.83K	+179.6%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Risks

Significant changes in energy prices could negatively affect the Company's businesses.

Content analysis ?

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

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From filing 10-Q 2020 Q1