MDU Resources Subsidiary Receives FERC Certificate for Pipeline Project

WBI Energy Inc., the pipeline subsidiary of MDU Resources Group Inc. received an order from the Federal Energy Regulatory Commission issuing a certificate of public convenience and necessity on the North Bakken Expansion project, a natural gas pipeline expansion with capacity to transport 250 million cu. ft. of natural gas per day from the Bakken in North Dakota.

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MDU Resources Achieves Record Construction Materials Revenue

MDU Resources Group Inc. announced that earnings increased 16% in 2020 to $390.2 million, or $1.95 per share, compared to 2019 earnings of $335.5 million, or $1.69 per share. In the fourth quarter, the company’s earnings were $112.3 million, or 56 cents per share, compared to $95.1 million, or 47 cents per share, in 2019.

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MDU Resources Group Reports Record Earnings

MDU Resources Group Inc. reported second quarter earnings of $99.7 million, or 50 cents per share, a 61% increase over second quarter 2019 earnings of $61.8 million, or 31 cents per share. For the six months ended June 30, MDU Resources earned $124.8 million, or 62 cents per share, compared to $102.7 million, or 52 cents per share, in 2019.

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