Mdu Resources Intrinsic Value Calculator – MDU RESOURCES Reports Q2 2023 Earnings Results
August 27, 2023
🌥️Earnings Overview
MDU ($NYSE:MDU) Resources revealed that for the second quarter of fiscal year 2023, ending June 30, 2023, their total revenue was USD 1091.1 million, a decrease of 36.6% year on year. Net income, however, rose 84.9% from the same period of the prior year, amounting to USD 130.7 million.
Stock Price
MDU RESOURCES reported its earnings results for the second quarter of 2023 on Thursday. The stock opened at $22.1 and closed at $21.4, a decrease of 4.0% from the prior closing price of 22.3. The company also announced that they were investing in renewable energy resources, such as wind, solar, and battery storage, as well as natural gas-fired power plants. Overall, MDU Resources reported a decrease in earnings for the second quarter of 2023 due to lower production volumes, higher maintenance costs, and lower commodity prices in the market.
However, despite the financial struggles, MDU Resources is continuing to invest in projects that strengthen their infrastructure and move them towards a renewable energy future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Mdu Resources. More…
| Total Revenues | Net Income | Net Margin |
| 6.36k | 434.06 | 6.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Mdu Resources. More…
| Operations | Investing | Financing |
| 465.71 | -624.46 | 154.16 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Mdu Resources. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 9.84k | 6.27k | 17.56 |
Key Ratios Snapshot
Some of the financial key ratios for Mdu Resources are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.9% | 4.4% | 12.0% |
| FCF Margin | ROE | ROA |
| 1.6% | 13.3% | 4.8% |
Analysis – Mdu Resources Intrinsic Value Calculator
At GoodWhale, our mission is to provide insights to help investors make informed decisions. Our proprietary Valuation Line analysis for MDU RESOURCES suggests an intrinsic value of $23.7 per share. Currently, the stock is trading at $21.4, which is 9.5% below its intrinsic value. This implies that MDU RESOURCES is currently undervalued. Our financial analysis combines financial statements, macroeconomic data, and current market conditions to identify trends and generate accurate valuations. Our proprietary Valuation Line algorithm looks at many different factors including revenue growth, debt-to-equity ratio, cash flow stability, and dividend yield to provide investors with a comprehensive overview of a company’s financial health. We encourage investors to make use of our Valuation Line analysis and other insights to make informed decisions when investing in MDU RESOURCES. More…
Peers
In the race to dominate the energy market, MDU Resources Group Inc is up against some stiff competition. ENN Natural Gas Co Ltd, Mammoth Energy Services Inc, and Hydrogen Engine Center Inc are all vying for a piece of the pie, and each company has its own unique strengths and weaknesses. While MDU Resources Group Inc may have the advantage in some areas, it will need to be vigilant in order to stay ahead of its competitors.
– ENN Natural Gas Co Ltd ($SHSE:600803)
China Natural Gas Co Ltd is a leading provider of natural gas in China. The company has a market capitalization of $53.98 billion and a return on equity of 56.96%. China Natural Gas is engaged in the exploration, production, transmission, and distribution of natural gas. The company has a strong presence in China’s major gas markets, including Beijing, Shanghai, Guangdong, and Chongqing.
– Mammoth Energy Services Inc ($NASDAQ:TUSK)
Mammoth Energy Services Inc is a provider of oilfield services and equipment in the United States. The company has a market cap of 198.24M as of 2022 and a return on equity of -7.25%. Mammoth Energy Services Inc provides a range of services and products to exploration and production companies, including drilling, completion, and intervention services, as well as pressure pumping, coiled tubing, and other ancillary services. The company also manufactures and sells a variety of oilfield equipment, including drill bits, downhole motors, and other drilling tools.
– Hydrogen Engine Center Inc ($OTCPK:HYEG)
Hydrogen Engine Center, Inc., through its subsidiaries, engages in the development and commercialization of hydrogen engines and related technologies. The company’s products include internal combustion engines, fuel cells, and microturbines that run on hydrogen and other renewable fuels. It serves original equipment manufacturers, integrators, and end-users in the transportation, stationary power, and portable power markets in the United States and internationally.
Summary
MDU Resources reported their second quarter financial results for fiscal 2023, with total revenue at USD 1091.1 million, a decrease of 36.6% year over year. Net income was USD 130.7 million, an increase of 84.9%. Despite the significant year over year increase in net income, the stock price dropped that day possibly due to the significant decrease in revenue.
Investors should monitor the company’s performance in upcoming quarters to determine if there is potential for growth. MDU Resources’ ability to maintain or increase profitability while containing costs should be monitored as this could be a sign of a healthy business.
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