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Article: MDU Resources Reports Third Quarter Earnings and Increases Earnings Guidance.(Financial report)
- Article from:
- Energy & Ecology
- Article date:
- November 20, 2009
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MDU Resources Group, Inc. (NYSE:MDU) reported third quarter financial results, with consolidated earnings of $92.4 million, or 50 cents per common share, compared to $118.2 million, or 64 cents per common share for the third quarter of 2008.
"We had a very good third quarter, particularly when you consider the fact that natural gas and oil prices were substantially lower than a year ago," said Terry D. Hildestad, president and chief executive officer of MDU Resources.
Consolidated earnings for the nine months ended Sept. 30, excluding a first quarter noncash charge related to low natural gas and oil prices, were $188.0 million or $1.02 per share, ...