MDU

Over the past six months, MDU Resources Group reported Q1 2026 net income of $80.8 million, a slight decrease from $82.0 million a year earlier, with diluted earnings per share of $0.39 versus $0.40, which led to a stock drop. The proposed Bakken East Pipeline Project concluded with significant interest and is projected to require a capital investment of $2.7 billion to $3.2 billion. MDU settled part of a December 2025 follow-on equity offering, issuing 4.3 million shares for $81.3 million in proceeds. MDU executed an 1805-for-1000 stock split, meaning investors received 1805 new shares for every 1000 shares held.