MDU Resources Q2 net income rises 55.5% to $21.3 million; 2026 guidance reaffirmed
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.
Key points
- 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.
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.