RESOURCES Group, Inc Building a Strong America . Third Quarter Earnings Conference Call November 3, 2015 Doran N. Schwartz Vice President & Chief Financial Officer
Company Management Building a Strong America Dave Goodin President & CEO of MDU Resources RESOURCES Nicole Kivisto President & CEO of Montana-Dakota Utilities, Great Plains Natural Gas, Cascade Natural Gas & Intermountain Gas…
RESOURCES Group, Inc Building a Strong America . David L. Goodin President & Chief Executive Officer
Consolidated Results - Adjusted Building a Strong America Third Quarter Consolidated Results RESOURCES Adjusted Earnings Adjusted EPS (millions) 0.38 74.9 0.35 68.2 2014 2015 2014 2015 Reconciliation 2014 2015 GAAP…
Electric & Natural Gas Utilities Record earnings at electric business Third Quarter Earnings (Loss) Higher retail sales margins, 7% higher volumes (millions) spread across all customer classes Higher other income, largely AFUDC 0.3…
Utilities Outlook Organic growth opportunities expected to result in substantial rate base growth Timely recovery positive regulatory outcomes Obtained approval and implemented 18.9 million in annual rate increases year-to-date Four…
Pipeline & Energy Services Third Quarter Adjusted Earnings (Loss) After-tax loss of 5.8 million for (millions) companys portion of refinery 5.1 Mainly due to challenging market conditions Year ago after-tax loss of 700,000 for…
Pipeline Outlook Become the leading pipeline company and midstream provider in operational areas Accelerate WBIs growth Develop midstream culture Aggressively pursue growth in existing areas Evaluating expansion into other basins…
Construction Materials & Services Record earnings at materials group 25% Third Quarter Earnings higher on 4% revenue growth (millions) Margins higher across all product lines Higher volumes for all product lines except 73.5…
Construction Outlook 991 million combined work backlog as of September 30 Construction services backlog 32% higher than last year, positioning for stronger 2016 Construction materials backlog 12% higher Revenue guidance of 1.8…
Fidelity Exploration & Production Sale Entered into five purchase and sale agreements Closed on sale of one property in October Expect to close before year-end on other four PSAs Represent more than 90% of total year-to-date Sept. 30…
2015 Earnings per Share Guidance Adjusted 0.85 to 1.00 GAAP Loss (3.15) to (3.30) Note: As of November 2, 2015 Building a Strong America PIPELINE
Consolidated Outlook Positioned for long-term growth Building a Strong America Utility growth opportunities expected to result in substantial rate base growth Driven by customer and load growth higher than national averages…
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