Bismarck, ND (KEYZ)Something to ponder as we scrape together enough cash to pay for exorbitant heating bills during this unusually cold winter. MDU Resources Group Inc. (MDU) on Tuesday reported fourth-quarter net income of $78.8 million. The Bismarck based company revealed a net income of 40 cents per share. Earnings, adjusted to account for discontinued operations, came to 39 cents per share.
The energy, mining, construction and utilities company posted revenue of $1.21 billion in the period. For the year, the company reported profit of $272.3 million, or $1.39 per share. Revenue was reported as $4.53 billion. MDU R esources shares have risen slightly more than 8 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $25.81, a climb of 2.5 percent in the last 12 months.