MDU - MDU Resources Group Inc (NYSE Stock)

[lovemoney]

Chart Indicators appear to possibly show another slow climb starting. Establishes a higher low on the declines every 2 months and higher highs on the ascends. Crossing the 20ma today. MACD looks good and RSI at 50. Looking for a target of 21.50 - 22.00 area.

MDU - SharpCharts Workbench : StockCharts.com

MDU Resources Group Inc.
1200 West Century Avenue
PO Box 5650
Bismarck, ND 58506-5650
United States - Map
Phone: 701-530-1000
Fax: 701-222-7607
Web Site: Home

DETAILS
Index Membership: S&P 400 MidCap
S&P 1500 Super Comp
Sector: Industrial Goods
Industry: General Building Materials
Full Time Employees: 10,074

BUSINESS SUMMARY
MDU Resources Group, Inc. operates as a natural resource company in the United States. The company operates in six segments: Electric, Natural Gas and Oil Production, Construction Services, Pipeline and Energy Services, Construction Materials and Contracting, and Other. The Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. As of December 31, 2008, it provided electric services to approximately 121,000 residential, commercial, industrial, and municipal customers. The Natural Gas and Oil production segment engages in natural gas and oil acquisition, exploration, development, and production activities in the Rocky Mountain and Mid-Continent regions of the United States and in and around the Gulf of Mexico. As of the above date, the company sold natural gas to approximately 822,000 residential, commercial, and industrial customers. The Construction Services segment engages in constructing and maintaining electric and communication lines, gas pipelines, fire protection systems, external lighting, and traffic signalization equipment. It also provides inside electrical wiring, cabling, mechanical services, as well as sells and distributes electrical materials, and manufactures and distributes specialty equipment. The Pipeline and Energy Services segment provides natural gas transportation, underground storage, and gathering services through pipeline systems in the Rocky Mountain and northern Great Plains regions. The Construction Materials and Contracting segment engages in the mining, processing, and sale of construction aggregates, including crushed stone, sand, and gravel; production and sale of asphalt mix, and the of supply liquid asphalt; and supply of ready-mixed concrete for construction activities. The Other segment insures various types of risks as a captive insurer through its subsidiary, Centennial Holdings Capital LLC. The company was founded in 1924 and is based in Bismarck, North Dakota.

[BadThad]

Nice play, but slow, it may take awhile to develop. S&P is all over this company, to hold in Feb and now this:

S&P UPGRADES SHARES OF MDU RESOURCES GROUP TO BUY FROM HOLD
(Standard & Poor's)
Q2 EPS of $0.30 vs. $0.63 beats our estimate by $0.07. Revenues were lower than we expected and per-revenue operations & maintenance expense was higher, but these items were offset by per-revenue fuel and depreciation & depletion costs that were lower. We see MDU's diversified businesses generating superior EPS growth when the economy recovers and see strong unregulated earnings growth. We are raising our '09 EPS estimate by $0.07 to $1.22 and '10's by $0.05 to $1.45. We are also hiking our target price by $3 to $23, in part reflecting higher peer valuations.

[lovemoney]

MDU has been moving nicely last couple of days. Good volume and momentum today.