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Opinion on  MDU Resources Group Inc. (MDU)     Sector: Utilities  >  Industry: Natural Gas Utilities
MDU Resources Group Inc.

Jul 26, 2008 04:29 PM GMT
Foto
Return Risk
-24.55% HIGH
Principal

Analyst Recommendation  

MDU Resources Group, Inc. operates as a natural resource company in the United States. Its Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. The company’s Natural Gas Distribution segment distributes natural gas in Montana, North Dakota, South Dakota, Wyoming, Minnesota, Oregon, and Washington. Its Construction Services segment engages in electric line construction, pipeline construction, utility excavation, inside electrical wiring, cabling and mechanical work, and fire protection, as well as the manufacture and distribution of specialty equipment for utilities and manufacturing, commercial, government, and institutional customers. The company’s Pipeline and Energy Services segment provides natural gas transportation, underground storage, and gathering services through pipeline systems primarily in the Rocky Mountain and northern Great Plains regions. Its Natural Gas and Oil Production segment engages in the acquisition, exploration, development, and production of natural gas and oil resources in the Rocky Mountain and Mid-Continent regions of the United States, as well as in the Gulf of Mexico. The company’s Construction Materials and Contracting segment involves in mining, processing, and selling construction aggregates, such as crushed stone, sand, gravel, and related construction materials, including ready-mixed concrete, cement, asphalt, and liquid asphalt. This segment also performs integrated construction services. As of December 31, 2007, the company provided electric services to approximately 120,000 residential, commercial, industrial, and municipal customers located in 177 communities; and sold natural gas to approximately 234,000 residential, commercial, and industrial customers in 145 communities. MDU Resources Group was founded in 1924 and is based in Bismarck, North Dakota.

<th style="width: 60px;"> Date </th> <th style="width: 120px;"> Rating </th> <th style="width: 110px;"> Target Price </th> <th style="width: auto;"> Analyst </th> <th style="width: 60px;">   </th>
07/08/08 -""/ Strong Buy $ 40.00 Wall Street Access  
06/30/08 Outperform $ 38.00 Robert W. Baird  
06/06/08 Buy $ 40.00 D.A. Davidson & Co.


MDU:  This call was made on 07/26/08 @ $31.29
Rating:   Positive   $31.29 (07/26/08)
Gain/Loss:   -28.32% in 488 days
Target:   $40.00 (+27.84%) in > one year


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