MDU Resources Group, Inc. (MDU) Q3 2024 Earnings Call Transcript Summary
MDU Resources Group, Inc. (MDU) Q3 2024 Earnings Call Transcript Summary
The utility business posted earnings of $6.8 million for the quarter, driven by rate relief and higher volumes, particularly in the electric segment which earned $24.3 million.The following is a summary of the MDU Resources Group, Inc. (MDU) Q3 2024 Earnings Call Transcript:
以下是mdu resources集團（MDU）2024年第三季度業績會交易摘要:
Financial Performance:
財務表現:
MDU Resources reported Q3 2024 earnings of $64.6 million or $0.32 per share from continuing operations, compared to $78.2 million or $0.38 per share in Q3 2023.
Adjusted income from continuing operations for Q3 2024 was $65.5 million or $0.32 per share, up from $58.6 million or $0.29 per share in the same period last year.
The utility business posted earnings of $6.8 million for the quarter, driven by rate relief and higher volumes, particularly in the electric segment which earned $24.3 million.
The pipeline business recorded record Q3 earnings of $15.1 million, a 27% increase, mainly due to higher transportation volumes and new storage rates effective August 1, 2023.
mdu resources報告2024年第三季度繼續營運的每股收益爲6460萬美元，每股32美分，而去年同期每股收益爲7820萬美元，每股38美分。
2024年第三季度繼續營運調整後收入爲6550萬美元，每股32美分，較去年同期的5860萬美元，每股29美分有所增長。
公共事業業務本季度收益爲680萬美元，主要受到費率調整和較高的運量推動，特別是在電力部門實現了2430萬美元的收入。
管道業務錄得創紀錄的第三季度收入爲1510萬美元，增長27%，主要是由於運輸量增加和自2023年8月1日生效的新存儲費率。
Business Progress:
業務進展：
MDU Resources focuses on organic growth with anticipated customer growth of 1% to 2% annually and long-term EPS growth of 6% to 8%.
The company achieved several regulatory advancements including rate cases and settlements across multiple states, and significant infrastructure expansions like the 137 million cubic feet per day line Section 28 and the ongoing Wahpeton Expansion project.
Additional growth through strategic acquisitions like the 28-mile natural gas pipeline lateral in Northwestern North Dakota.
mdu resources專注於有機增長，預計客戶增長年均爲1%至2%，長期每股收益增長爲6%至8%。
公司取得多個監管方面的進展，包括各州的費率案件和和解，並實現了重要基礎設施擴張，如每天13700萬立方英尺路段28和正在進行的瓦赫佩頓擴張項目。
通過戰略性收購實現了額外增長，比如在北達科他州西北部的28英里天然氣管道支線。
Opportunities:
機會：
MDU Resources is capitalizing on the growing demand for its services, particularly in the pipeline segment where strategic expansion and increased demand for transportation and storage services are noted.
The regulation favorable settlements and the successful filings like the electric service agreement for a 50 megawatt data center underline the opportunity for continued infrastructure and customer base expansion.
mdu resources正在利用其業務不斷增長的需求，特別是在管道領域，戰略擴張和運輸及儲存服務需求的增加備受矚目。
有利的監管和成功的申報案例，如爲50兆瓦數據中心簽訂的電力服務協議，突顯了繼續擴展基礎設施和客戶基礎的機會。
Risks:
風險：
The seasonal loss in the natural gas utility sector, although slight, highlights the vulnerability to seasonal fluctuations and regulatory outcomes.
在天然氣公用事業板塊的季節性虧損，儘管輕微，但凸顯了季節波動和監管結果的脆弱性。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。