| MDU Resources Group is a holding company. Through its subsidiaries, Co. is organized into five reportable business segments: electric, which generates, transmits and distributes electricity in Montana, North Dakota, South Dakota and Wyoming; natural gas distribution, which distributes natural gas in Montana, North Dakota, South Dakota, Wyoming, Idaho, Minnesota, Oregon and Washington; pipeline and midstream, which provides natural gas transportation, underground storage and gathering services; construction materials and contracting, which mines, processes and sells construction aggregates; and construction services, which provides inside and outside specialty contracting services. We show 40 historical shares outstanding datapoints in our MDU shares outstanding history coverage, used to compute MDU market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MDU market cap history over the course of time is important for investors
interested in comparing MDU's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of MDU versus a peer is one thing; comparing
MDU market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like MDU can fluctuate over the course of history.
With this page we aim to empower investors researching MDU by allowing them to research the MDU market cap history.