MDU Resources Group

MDU Resources Group, Inc. engages in the provision of natural resource products and related services to energy and transportation infrastructure. It operates through the following business segments: Electric, Natural Gas Distribution, Pipeline and Midstream, Construction Materials and Contracting, Construction Services, and Other. The Electric segment generates, transmits and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. The Natural Gas Distribution segment distributes natural gas in Montana, North Dakota, South Dakota, Wyoming, Idaho, Minnesota, Oregon, and Washington. The Pipeline and Midstream segment offers natural gas transportation, underground storage, processing and gathering services, as well as oil gathering, through regulated and non-regulated pipeline systems and processing facilities. The Construction Materials and Contracting segment mines aggregates and markets crushed stone, sand, gravel and related construction materials, including ready-mixed concrete, cement, asphalt, liquid asphalt and other value-added products. The Construction Services segment refers to the inside and outside specialty contracting services. The company was founded by C. C. Yawkey, R.M. Heskett and Walter Alexander on March 14, 1924, and is headquartered in Bismarck, ND.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Earnings data Q4 2025

Earnings data Q1 2026

MDU Resources Group posts strong Q1 earnings, approves Knife River spin-off

MDU Resources Group delivered solid Q1 results, showcasing strength in utility and pipeline businesses. Despite challenges in Construction Materials, the company remains optimistic about growth opportunities through the Knife River spin-off and strong backlog in Construction Services Group.

MDU Resources Group posts strong Q2 earnings, eyes growth opportunities

MDU Resources Group delivered strong financial results in Q2 2023, driven by robust performance in utility, pipeline, and construction services businesses.
Despite challenges such as regulatory lag and balancing growth, the company remains optimistic about future opportunities and sustained growth potential.
Increased earnings guidance, strong backlog, and strategic dividend payout ratios reflect management's confidence in the company's financial strength and outlook.
Overall, MDU Resources Group is well-positioned to capitalize on growth opportunities in regulated energy delivery and construction services sectors.

MDU Resources to spin off Construction Services, reports strong Q3

MDU Resources Group reported solid financial performance in Q3 2023, with record earnings in the construction services business.
The planned spin-off of Construction Services business aims to unlock shareholder value and create two independent publicly-traded companies.
Challenges in the utility business and spin-off uncertainties pose operational and communication hurdles, while growth opportunities in diverse projects and regulated energy delivery projects are highlighted.
CEO succession announced alongside the retirement of David Goodin, who expressed optimism about future growth and performance of the company.

MDU Resources reports robust 2023 earnings, eyes growth opportunities

MDU Resources Group delivered strong financial performance in 2023 across its Utility, Pipeline, and Construction Services businesses.
The company's strategic focus on regulated energy delivery and operational excellence has positioned it for continued growth.
While facing challenges such as project delays and weather impacts, MDU Resources remains optimistic about future earnings and expansion opportunities.
Analysts' inquiries reflected interest in regulatory guidance, project timelines, growth prospects, and operational resilience in varying market conditions.

MDU Resources Group posts strong Q1 earnings, eyes growth opportunities

MDU Resources Group's Q1 2024 earnings call reflected a positive outlook with strong financial results and strategic initiatives. The company is poised for growth, leveraging its diversified business segments and upcoming spinoff to enhance overall value.

MDU Resources Group reports robust Q4 earnings and outlines growth plans

MDU Resources Group's Q4 2024 performance reflects strong financial results and growth prospects across its segments, particularly in the pipeline and electric sectors.
While facing challenges in regulatory environments and capital investments, the company is well-positioned to leverage opportunities for growth through customer and rate base expansion.
Investors should monitor MDU's ability to navigate regulatory hurdles, execute planned investments, and capitalize on growth opportunities to drive future earnings and shareholder value.

MDU Resources Group reports strong Q1 earnings, eyes renewable energy

MDU Resources Group's Q1 2025 performance reflects solid financial results across its Utility and Pipeline segments, supported by strategic investments and operational achievements. While facing regulatory challenges and economic uncertainties, the company remains focused on growth opportunities in renewable energy and infrastructure expansion. Investors can expect continued earnings growth and a stable dividend payout ratio in the coming quarters.

MDU Resources Group reports Q2 earnings growth and outlines expansion plans

MDU Resources Group's Q2 2025 performance reflects a mix of solid financial results and strategic advancements across its business segments. While facing challenges such as refining wildfire mitigation plans and managing capital investments, the company is well-positioned for growth. With a focus on seizing opportunities in data centers, utility regulatory progress, and capital investments, MDU Resources Group aims for sustained expansion.

MDU Resources Group reports solid Q3 earnings, eyes renewable energy growth

MDU Resources Group's Q3 2025 performance was driven by strong results in the Pipeline segment and growth in the Utility segment. The company is strategically expanding its renewable energy portfolio and focusing on operational resilience and customer demand. While facing challenges with rate cases and potential capital projects, MDU is well-positioned to leverage opportunities in renewable energy and data center services.

MDU Resources Group meets 2025 earnings, eyes growth opportunities

MDU Resources Group delivered on earnings and investments in 2025. Strong regulatory approvals and pipeline projects are key strengths. Challenges include ongoing negotiations and aligning performance with growth. Opportunities lie in expanding data center capacity and positive 2026 outlook.

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MDU Resources Group, Inc. engages in the provision of natural resource products and related services to energy and transportation infrastructure. It operates through the following business segments: Electric, Natural Gas Distribution, Pipeline, and Other. The Electric segment generates, transmits and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. The Natural Gas Distribution segment distributes natural gas in Montana, North Dakota, South Dakota, Wyoming, Idaho, Minnesota, Oregon, and Washington. The Pipeline segment offers natural gas transportation, underground storage, processing and gathering services, as well as oil gathering, through regulated and non-regulated pipeline systems and processing facilities. The Other segment refers to the activities of Centennial Capital, which, through its subsidiary, InterSource Insurance Company, insures various types of risks as a captive insurer for certain of the company's subsidiaries. The company was founded by C. C. Yawkey, R.M. Heskett and Walter Alexander on March 14,1924, and is headquartered in Bismarck, ND.