MDU Resources Group, Inc. (NYSE:MDU) reported first quarter consolidated adjusted earnings of $60.8 million, or 32 cents per common share, compared to $60.1 million, or 32 cents per common share for the first quarter of 2013. Consolidated GAAP earnings were $56.5 million, or 30 cents per common share, compared to $56.3 million, or 30 cents per common share for the first quarter of 2013. For an explanation of non-GAAP earnings adjustments, see the Reconciliation of GAAP to Adjusted Earnings and the Use of Non-GAAP Financial Measures sections later in this press release. MDU Resources Group Inc (NYSE:MDU) shares after opening at $35.65 moved to $35.93 on last trade day and at the end of the day closed at $35.67 . Company price to sales ratio in past twelve months was calculated as 1.52 and price to cash ratio as 149.77. MDU Resources Group Inc (NYSE:MDU) showed a negative weekly performance of -0.22%.
PNM Resources, Inc., (NYSE:PNM) Public Service Company of New Mexico, and Texas-New Mexico Power Company (collectively, the “Company”) issued a press release announcing its results of operations for the three months ended March 31, 2014. PNM Resources Inc (NYSE:PNM) shares fell -3.53 % in last trading session and ended the day on $26.79. PNM return on equity ratio is recorded as 6.10% and its return on assets is 1.90%. PNM Resources Inc (NYSE:PNM) yearly performance is 17.40%.
Directors of UGI Corporation (NYSE:UGI) a holding company with utility, propane marketing and energy services subsidiaries, approved an increase in the quarterly dividend of 4.4% to $0.2950 a share on the company’s common stock. The dividend is payable July 1, 2014 to shareholders of record as of June 16, 2014. UGI Corp (NYSE:UGI) shares moved down -1.61% in last trading session and was closed at $46.32 while trading in range of $46.16 – $47.08 – UGI Corp (NYSE:UGI) year to date (YTD) performance is 12.43%.
Cobra Energia has awarded Siemens AG (ADR) (NYSE:SI) another order to expand its onshore wind power fleet in Peru by 97 megawatts (MWs). The Tres Hermanas wind power plant includes a combination of 25 direct drive SWT-3.0-108 wind turbines and eight geared SWT-2.3-108 units. The contract also includes six years of service and maintenance. The project is expected to be commissioned in July 2015. Siemens AG (ADR) (NYSE:SI) weekly performance is -2.08%. On last trading day company shares ended up $129.99. Siemens AG (ADR) (NYSE:SI) distance from 50-day simple moving average (SMA50) is -1.75%. Analysts mean target price for the company is $144.37.