MDU Resources Doubles First Quarter Earnings, Narrows EPS Guidance
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BISMARCK, N.D., May 5, 2021 /PRNewswire/ MDU Resources Group, Inc. (NYSE: MDU) today reported first quarter earnings of $52.1 million, or 26 cents per share, compared to first quarter 2020 earnings of $25.1 million, or 13 cents per share. Our businesses are off to a very strong start in 2021, said David L. Goodin, president and CEO of MDU Resources. We had record earnings at our construction services and pipeline businesses, increased natural gas sales volumes at our utility operations and a stronger start to the year at our construction materials business. With the strong first quarter results and our expectation of continuing robust demand for our products and services, we are raising the lower end of our 2021 earnings guidance.
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Calfee, Halter & Griswold’s Indianapolis Office Welcomes Experienced Energy and .
Calfee, Halter & Griswold LLPMay 5, 2021 GMT
James Holsclaw, Partner with Calfee, Halter & Griswold LLP.
James Holsclaw, Partner with Calfee, Halter & Griswold LLP.
Indianapolis, May 05, 2021 (GLOBE NEWSWIRE) Calfee, Halter & Griswold LLP is pleased to announce that James C. (Jim) Holsclaw has joined the law firm’s Indianapolis office as a Partner with the Energy and Utilities practice group.
“I am pleased to welcome Jim to our expanding Energy and Utilities and Public Utility Regulatory practices and to the Indianapolis office,” said Phillip A. Casey, Co-Chair of Calfee’s Energy and Utilities practice group. “Jim brings years of electric transmission and markets experience, which perfectly complements our state and federal regulatory work. The depth of experience and bench strength of ou
Chesapeake Utilities Corporation Reports First Quarter 2021 Results
- Earnings per share ( EPS ) from continuing operations was $1.96 for the first quarter of 2021, an increase of $0.19, or 10.7 percent, compared to $1.77 for the first quarter of 2020
- Strong performance driven by over $17 million in additional gross margin for the quarter
- Natural gas expansion projects, regulatory initiatives and contributions from 2020 acquisitions generated $7.2 million in additional gross margin during the quarter
- Return to more normal temperatures in the first quarter of 2021 increased gross margin by $6.4 million
- Capital investments of $48.7 million for the quarter align with the 2021 capital forecast
- Capital structure at the end of the first quarter of 2021 was 52 percent equity to total capitalization