MDU Earnings: Beat By One Cent

Press release here.

• Adjusted earnings per share of 25 cents compared to 17 cents last year, 47 percent increase
• GAAP earnings per share of 24 cents compared to 29 cents last year
• E&P adjusted earnings improved 66 percent with oil production growth of 37 percent construction business improves earnings 39 percent and reports higher backlog of $1.2 billion
• natural gas utility sees 14 percent increase in sales
• electric utility has 4 percent growth in retail sales
• pipeline and energy services group diesel topping plant construction well underway