MDU Resources Group, Inc. (MDU)

In the past six months, MDU Resources announced its third-quarter 2025 financial results, reporting robust performance in its pipeline segment and significant regulatory activity in its regulated utility segments, though tempered by higher operations and maintenance expenses. The company narrowed its full-year 2025 EPS guidance to $0.90-$0.95. Earlier in the period, MDU Resources Group, Inc. announced its first-quarter 2025 financial results, reporting solid performance across its regulated energy delivery segments and affirming its full-year earnings per share guidance of $0.88 to $0.98. The spin-off of Everus Construction Group on October 31, 2024, has been a significant event, leading to a refocusing of MDU Resources Group on its core utility business. MDU's stock has risen by 3.78% compared to the previous week, and by 5.75% over the last month, as of November 28, 2025. The company also announced an increased capital investment plan for 2026-2030 on November 20, 2025, and a quarterly dividend on common stock on November 13, 2025.

Demand for MDU Resources Group, Inc.'s natural gas products and services is seasonal. Natural gas demand and associated revenues are typically much higher during the first and fourth quarters of the year, corresponding to colder weather, and are lower in the second and third quarters. The company's electric utility sales volumes can also be impacted by weather, with colder weather contributing to improved volumes. Customer growth in both electric and natural gas utilities is a consistent factor, providing ongoing investment opportunities for utility and pipeline infrastructure.

MDU Resources Group, Inc. is a diversified natural resources company primarily engaged in regulated energy delivery businesses in the United States, operating within the Utilities sector. Its core business segments include Electric, Natural Gas Distribution, and Pipeline. MDU's major products and services encompass the generation, transmission, and distribution of electricity, as well as the distribution of natural gas. The company completed the spin-off of its construction services business, Everus Construction Group, on October 31, 2024, to focus on its core utility operations.

MDU Resources Group, Inc. serves over 1.2 million utility customers across eight states in the Pacific Northwest and Midwest regions of the United States. Its electric utility operations are in Montana, North Dakota, South Dakota, and Wyoming. Natural gas distribution services extend to Idaho, Minnesota, Montana, North Dakota, Oregon, South Dakota, Washington, and Wyoming. The company's regulated pipeline system primarily operates in the Rocky Mountain and northern Great Plains regions. Overall, MDU Resources Group, Inc. has operations in 48 states.

MDU Resources Group, Inc. maintains a reputation as a responsible corporate citizen with a long history of community involvement. The MDU Resources Foundation actively engages in corporate philanthropy, supporting qualified organizations that enhance the quality of life in the communities MDU serves. The company emphasizes its commitment to safety and operational excellence. There is no readily available information indicating significant negative events impacting MDU Resources Group, Inc.'s brand reputation in the past year.

MDU Resources Group, Inc. is predominantly owned by institutional shareholders, who hold approximately 73% to 84.12% of the company's stock. Retail investors own about 15.77% to 26.20%, while MDU Resources Group insiders hold a smaller percentage, around 0.82% to 3.00%. Major institutional owners include BlackRock, Inc., The Vanguard Group, Inc., Dimensional Fund Advisors Lp, Barrow Hanley Mewhinney & Strauss Llc, State Street Corp, and iShares Core S&P Small-Cap ETF. Recent insider trading activity shows some buying by individual insiders.