MDU

MDU Resources Group, Inc. ( MDU ) Q3 2026 Earnings Call November 5, 2026 2:00 PM EST Company Participants Brent Miller - Treasurer Nicole Kivisto - President, CEO & Director Jason Vollmer - Chief Financial Officer Conference Call Participants Aidan Kelly - JPMorgan Chase & Co, Research Division Brian Russo - Jefferies LLC, Research Division Presentation Operator Ladies and gentlemen, thank you for joining us, and welcome to the MDU Resources Group, Inc. Q3 2026 Earnings Conference Call. [Operator Instructions] I will now hand the conference over to Brent Miller, Treasurer of MDU Resources Group.

MDU Resources' Q3 earnings miss estimates as higher costs offset revenue growth. The company advances its Bakken East Pipeline and reaffirms 2026 guidance.

MDU Resources (MDU) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.1 per share. This compares to earnings of $0.09 per share a year ago.

Consolidated net income of $14.0 million, compared with $18.4 million in the same quarterlast year Earnings per share of $0.07, compared with $0.09 in the third quarter of 2025 Adjusted earnings per share of $0.08, compared with $0.09 in the third quarter of 2025 2026 guidance reaffirmed; earnings per share in the range of $0.93 to $1.00 Positive final investment decision reached on Bakken East Pipeline BISMARCK, N.D., Nov. 5, 2026 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced its financial results for the third quarter of 2026, highlighting stronger electric utility earnings and advancement of significant strategic growth initiatives designed to serve growing energy demand and create long-term value.

MDU Resources (MDU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

BISMARCK, N.D., Oct. 15, 2026 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) will webcast its third quarter 2026 earnings conference call at 2 p.m.

BISMARCK, N.D., Sept. 30, 2026 /PRNewswire/ -- The board of directors of MDU Resources Group, Inc. (NYSE: MDU) today reached a positive Final Investment Decision (FID) for MDU Resources subsidiary, WBI Energy, to construct its previously-proposed Bakken East Pipeline Project.

MDU Resources (MDU) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

MDU Resources Group is upgraded to a cautious Buy, supported by regulatory wins, renewable investments, and pipeline project momentum. MDU delivered higher net income despite revenue declines, reaffirming FY 2026 EPS guidance of $0.93–$1.00 and targeting 6–8% long-term EPS growth. Recent regulatory outcomes, a 3.6% dividend hike, and progress on the Bakken East pipeline underpin MDU's improved outlook.

MDU Resources plans $3.1B in capital investments through 2030 to expand its rate base, meet demand and support 6-8% long-term earnings growth.