MDU Resources Group, Inc. (MDU)

MDU Resources Group's stock has traded between $15.04 and $21.49 in the past six months, closing at $20.34 on February 6, 2026. The stock dropped 3% after its Q4 2025 earnings announcement due to a revenue shortfall, despite meeting EPS expectations. For 2025, the company reported earnings of $190.4 million, or $0.93 per share, and issued 2026 EPS guidance of $0.93–$1.00. In December 2025, MDU completed a follow-on public offering of over 10.15 million shares at $19.70 per share, with underwriters exercising an option for an additional 1.5 million shares, expected to fund equity needs for 2026 and most of 2027.

Demand for MDU Resources Group's products and services is influenced by weather conditions. The natural gas distribution segment reported a seasonal loss in Q3 2025 due to lower demand during warmer months. The pipeline segment benefits from increased demand during colder periods. The electric utility segment experiences weather-related variability, with cooler summer temperatures in Q3 2025 leading to decreased residential and commercial retail sales volumes. The company's 2026 guidance is based on assumptions of normal weather, economic, and operating conditions.

MDU Resources Group, Inc. is a U.S.-based corporation focused on regulated energy delivery, operating in the Utilities - Regulated Gas industry. MDU generates, transmits, and distributes electricity, distributes natural gas, and provides natural gas transportation and underground storage services. The company spun off Knife River Corporation in 2023 and Everus Construction Group on October 31, 2024, to become a pure-play regulated energy delivery business.

MDU Resources Group serves over 1.2 million customers across the Pacific Northwest and Midwest. Its electric utility segment operates in Montana, North Dakota, South Dakota, and Wyoming. The natural gas distribution segment provides services in Montana, North Dakota, South Dakota, Wyoming, Idaho, Minnesota, Oregon, and Washington. The pipeline segment offers services through a regulated pipeline system spanning the Rocky Mountain and northern Great Plains regions.

No specific events explicitly impacting MDU Resources Group, Inc.'s brand reputation in the past year were found beyond the general market reaction to its financial performance and strategic announcements. The company's focus has been on its transformation into a pure-play regulated energy delivery business and its financial results.

Institutional investors hold approximately 84.21% of MDU Resources Group's stock. Major holders include BlackRock, Inc. (12.62%), The Vanguard Group, Inc. (11.66%), Dimensional Fund Advisors LP (4.78%), and State Street Global Advisors, Inc. (3.35%). Insiders own approximately 0.82% of the company's stock.