MDU Resources Group, Inc.’s (MDU Quick QuoteMDU ) two-platform business model, strategic acquisitions, capital investments in the electric and natural gas utility, and an increasing backlog are helping the utility fortify its existing operations. Also, the company has enough liquidity to meet its near-term obligations.
Shares of the presently Zacks Rank #2 (Buy) company have gained 30.6%, outperforming the industry’s rally of 20.9% in the past year. The utility’s long-term (three to five years) earnings growth rate is pegged at 6.94%.
One-Year Price Performance
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