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SECOND QUARTER EARNINGS CALLAugust 4, 2022
EARNINGS CALLAugust 4, 20222
Vision: With integrity, Building a Strong America® while being a great and safe place to work
Mission: Delivering superior value to stakeholders by providing essential infrastructure and services to AmericaA B
Vice President & CFO
Vice President, CAO & Controller
President & CEOE. Jeff Thiede
MDU Construction Services GroupPresident & CEO
WBI Energy President & CEO
Utilities Group President & CEO
3During this presentation, we will make certain “forward -looking
statements” within the meaning of Section 21E of the Securities
Exchange Act of 1934. Although the company believes that its
expectations and beliefs are based on reasonable assumptions, actual results may differ materially.
For a discussion of factors that may cause actual results to
differ, refer to Item 1A – Risk Factors in the company’s most
recent Form 10- K and Form 10- Q.FORWARD -LOOKING STATEMENTS
4Separation AnnouncementANNOUNCED PLAN TO SEPARATE KNIFE RIVER
6MDU Resources’ Board of Directors
unanimously approved a plan to separate Knife River from the Company.
–Separation will result in two independent,
publicly traded and well -capitalized
–Expected to be effected as a tax -free spinoff
to MDU shareholders.
–Completion expected in 2023.
Financial Results$100.2
$- $20 $40 $60 $80 $100 $120
2021 2022millionsEARNINGS
$- $0.10 $0.20 $0.30 $0.40 $0.50 $0.60
8MDU RESOURCES GROUP, INC.
SECOND QUARTER EARNINGS ELECTRIC & NATURAL GAS UTILITY
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