Nov 5, 8:32 AM ET
MDU Resources reported third-quarter 2026 net income of $14.0 million, down from $18.4 million a year earlier, and diluted EPS of $0.07 versus $0.09. Revenue rose to $347.8 million from $315.1 million, and the company reaffirmed 2026 EPS guidance of $0.93 to $1.00. Shareholders also learned that the board made a positive final investment decision on the Bakken East Pipeline, with an estimated capital investment of $2.8 billion to $3.1 billion.
- Net income was $14.0 million versus $18.4 million; diluted EPS was $0.07 versus $0.09, and adjusted EPS was $0.08 versus $0.09.
- Operating revenues were $347.8 million, up from $315.1 million in the third quarter of 2025.
- Electric utility net income rose to $26.5 million from $21.5 million, while the natural gas distribution segment posted a $20.7 million seasonal loss and pipeline net income fell to $13.1 million from $16.8 million.
- The Bakken East Pipeline decision was made Sept. 30, 2026; the company's estimated capital range is $2.8 billion to $3.1 billion, and first-phase completion is expected in late 2029.
Read the filing on SEC.gov ↗
Aug 6, 8:35 AM ET
MDU Resources reported second-quarter 2026 net income of $21.3 million, up from $13.7 million a year earlier, and diluted earnings per share of $0.10 versus $0.07. The company reaffirmed its 2026 earnings-per-share guidance of $0.93 to $1.00, and the filing says the proposed Bakken East Pipeline application is now expected to be filed in the fourth quarter of 2026.
- Q2 2026 net income was $21.3 million, up 55.5% from $13.7 million in Q2 2025; diluted EPS was $0.10 versus $0.07.
- Six-month 2026 net income was $102.1 million, compared with $95.7 million in the same period of 2025.
- 2026 EPS guidance of $0.93 to $1.00 was reaffirmed, and the long-term EPS growth objective of 6% to 8% remains.
- The Bakken East Pipeline FERC Section 7(c) application is now anticipated in Q4 2026, with a projected project cost of $2.7 billion to $3.2 billion.
Read the filing on SEC.gov ↗
May 13, 4:04 PM ET
At its May 11, 2026 annual meeting, MDU Resources stockholders approved an amended and restated Long-Term Performance-Based Incentive Plan that increases the shares available for issuance by 6,564,000, to a total of 15,806,806, and elected all eight director nominees. The Board also adopted a revised code of business conduct on May 13, 2026, which shareholders can review on the company's website.
- LTIP share reserve increased by 6,564,000 shares to a total of 15,806,806; the plan took effect on stockholder approval on May 11, 2026.
- Stockholders approved the LTIP with 154,587,051 votes for and 2,817,302 against.
- Advisory vote on executive compensation passed with 155,483,583 votes for and 2,448,238 against.
- Board adopted the "Leading With Integrity Policy" on May 13, 2026, with updates covering artificial intelligence, conflicts of interest and regulatory compliance.
Read the filing on SEC.gov ↗
May 7, 8:33 AM ET
MDU Resources reported first quarter 2026 net income of $80.8 million, or $0.39 per diluted share, down from $82.0 million, or $0.40, a year earlier, as operating revenues fell to $606.0 million from $674.8 million on warmer weather. The company affirmed 2026 earnings guidance of $0.93 to $1.00 per share and said it has not made a final investment decision on the proposed Bakken East Pipeline, whose projected capital cost is $2.7 billion to $3.2 billion on top of the current $3.1 billion capital forecast.
- Q1 2026 net income $80.8 million vs. $82.0 million; diluted EPS $0.39 vs. $0.40
- Operating revenues $606.0 million vs. $674.8 million; milder weather reduced volumes
- Bakken East open season drew about 1.4 billion cubic feet per day of submitted interest; about 40% signed under precedent agreements
- 2026 EPS guidance of $0.93 to $1.00 affirmed; long-term EPS growth target of 6% to 8% unchanged
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
