Mdu Resources Stock Price, News & Analysis

MDU Resources Group (NYSE: MDU) has announced two strategic appointments to its board of directors, effective August 12, 2025. Charles M. Kelley, former ONEOK senior VP of Natural Gas Pipelines, brings over 40 years of industry experience, having overseen $600 million in capital projects. Tammy J. Miller, former North Dakota lieutenant governor and Border States CEO, joins with significant executive and public service experience, having grown Border States from $485 million to $2.5 billion in annual sales.

Both directors will serve on the Audit Committee, bringing expertise in pipeline development, regulatory strategy, and corporate governance to MDU Resources, which operates a 3,800-mile natural gas pipeline network and serves over 1.2 million utility customers across the Pacific Northwest and Midwest.

MDU Resources (NYSE:MDU) reported Q2 2025 earnings with net income of $13.7 million ($0.07 per share), compared to $60.4 million ($0.30 per share) in Q2 2024. The company narrowed its 2025 earnings guidance to $0.88-$0.95 per share, maintaining long-term EPS growth expectations of 6-8%.

Key segment performance includes: Electric utility earned $10.4 million with 12% retail sales volume growth driven by data centers; Natural gas distribution reported a $7.4 million seasonal loss; Pipeline segment earned $15.4 million with strong transportation revenue. The company faces challenges from increased operation and maintenance expenses across segments and weather impacts.

MDU continues advancing multiple regulatory proceedings across jurisdictions and executing growth projects, including the Minot Expansion Project and potential Bakken East Project development.

Knife River Corporation (NYSE: KNF), a construction materials and contracting services company, reported mixed Q2 2025 results with revenue increasing 3% to $833.8 million but net income declining 35% to $50.6 million. The company achieved a record backlog of $1.3 billion, up 30% year-over-year.

Weather challenges significantly impacted operations, with rain affecting nearly 40% of workdays in key markets. The company completed two strategic acquisitions: Kraemer Trucking and Excavating in Minnesota and High Desert Aggregate and Paving in Oregon. Due to weather impacts and decreased work availability in Oregon, Knife River revised its full-year 2025 adjusted EBITDA guidance to $475-525 million.

Pricing showed strength with double-digit increases in aggregates, high-single-digit increases in ready-mix, and low-single-digit increases in asphalt. The company's net leverage ratio stood at 3.1x with expectations to reach 2.5x by year-end.

Knife River Corporation (NYSE: KNF), a construction materials and contracting services company specializing in aggregates, has scheduled its second quarter 2025 earnings conference call for Tuesday, August 5, 2025, at 11 a.m. EDT.

The company will release its financial results before the NYSE market opens on the same day. Investors can access the live webcast and presentation slides through the company's investor relations website. The conference call will be available via both domestic (1-800-549-8228) and international (1-289-819-1520) dial-in numbers using conference ID 17599.

MDU Resources Group (NYSE: MDU) has announced its upcoming second quarter 2025 earnings conference call, scheduled for August 7, 2025, at 2:00 PM ET. The company will release its Q2 2025 financial results prior to the U.S. market opening on the same day.

Investors can access the webcast through the company's website at www.mdu.com under the "Investors" section, specifically in the "Events & Presentations" area. A replay of the webcast will be made available at the same location after the call concludes.

MDU Resources Group (NYSE: MDU) has announced a significant board leadership transition, with Darrel T. Anderson being elected as the new independent chair of the board, replacing Dennis W. Johnson effective immediately. Johnson will continue serving as a director and chair of the Nominating and Governance Committee. Anderson, who joined the board in 2023 and previously served as board vice chair, brings extensive industry experience from his tenure as president and CEO of IDACORP and Idaho Power Company.

The transition reflects MDU Resources' structured approach to board leadership succession and governance. The company, a member of the S&P SmallCap 600 index, operates as a pure-play regulated energy delivery business, serving over 1.2 million customers across the Pacific Northwest and Midwest with electric and natural gas distribution services, alongside a 3,800-mile natural gas pipeline network.

MDU Resources Group (NYSE: MDU) has declared a quarterly dividend of $0.13 per share on its common stock, maintaining the same dividend amount as the previous quarter. The dividend will be payable on July 1, 2025, to stockholders of record as of June 12, 2025.

MDU Resources, a member of the S&P SmallCap 600 index, provides electric utility and natural gas distribution services to over 1.2 million customers across the Pacific Northwest and Midwest. The company also operates a 3,800-mile natural gas pipeline network and storage system in the Northern Plains.

MDU Resources (NYSE: MDU) reported strong Q1 2025 results, with notable growth in its pipeline and natural gas distribution segments. The pipeline segment achieved record Q1 earnings of $17.2M, up 13.9%, while the natural gas distribution segment earnings rose 11.5% to $44.7M. The electric utility segment saw a decline to $15.0M from $17.9M. The company's total income from continuing operations increased to $82.5M ($0.40 per share) from $74.7M ($0.37 per share) in Q1 2024. MDU reaffirmed its 2025 EPS guidance of $0.88-$0.98. Key developments include regulatory progress across multiple jurisdictions, strong customer growth with retail electric volumes up 25.1%, and advancement of pipeline expansion projects including the proposed Bakken East pipeline and Baker Storage Field Enhancement project.

Knife River Corporation (NYSE: KNF) reported its Q1 2025 financial results, showing a 7% revenue increase to $353.5 million, despite wider losses. The company's net loss deepened to $68.7 million ($1.21 per share) compared to $47.6 million loss in Q1 2024. Adjusted EBITDA was negative $38 million, down from negative $17.7 million year-over-year. The company completed the acquisition of Strata Corporation and expects it to contribute $45 million in EBITDA for the full year. Management remains optimistic, maintaining its 2025 guidance of $3.25-3.45 billion in revenue and $530-580 million in adjusted EBITDA. The company's backlog stands at $938.7 million, with strong infrastructure funding support. Knife River increased its debt facilities, with net leverage at 2.5x, and plans capital expenditures of 5-7% of revenue guidance for maintenance and improvements.