MDU Resources reports Q3 net income of $14M, confirms 2026 EPS guidance, and advances Bakken East Pipeline project.

MDU Resources Group reported a third-quarter net income of $14 million, down from $18.4 million the previous year, with earnings per share at $0.07. The company reaffirmed its 2026 earnings per share guidance between $0.93 and $1.00. Key highlights include increased electric utility earnings driven by new rates, the Badger Wind Farm, and higher retail sales volumes, despite challenges in natural gas distribution and pipeline segments. MDU also reached a positive final investment decision on the Bakken East Pipeline, a significant infrastructure project expected to support long-term growth and economic development in North Dakota, with construction planned for 2028-2030.

MDU Resources Group shares are trading at USD 19.83 on Pluang, showing a slight increase of 0.05% as of Nov 05, 2026 20:42 WIB. The stock's market cap stands at $4.17 billion, reflecting steady investor interest following the company's reaffirmed earnings guidance.