---
schema_version: "secwatch.filing_event.v1"
accession: "0000067716-23-000006"
form_type: "8-K"
ticker: "MDU"
cik: "0000067716"
company_name: "MDU RESOURCES GROUP INC"
filed_at: "2023-02-09T23:59:59+00:00"
generated_at: "2026-06-19T21:06:20.186482+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MDU Resources reports 2022 adj. EPS $1.87; initiates 2023 guidance with record backlog >$3B

## Summary
- FY 2022 GAAP EPS $1.81 ($367.5M); adjusted EPS $1.87 ($380.2M). Q4 GAAP EPS $0.57; adjusted $0.61.
- Combined construction backlog all-time high >$3B; construction services backlog $2.13B (+54% YoY), materials $935M (+32%).
- Initiates 2023 guidance: regulated energy delivery earnings $140-150M; construction services revenue $2.75-2.95B, EBITDA $200-225M; materials revenue $2.50-2.70B, EBITDA $300-350M.
- Expects Knife River spinoff and construction services strategic review completed in Q2 2023.
- Pipeline placed North Bakken Expansion in service; filed rate case Jan 27; 300 MMcf/d expansions pending for 2023-2024.

## SEC filing metadata
- accession: 0000067716-23-000006
- form_type: 8-K
- ticker: MDU
- cik: 0000067716
- company_name: MDU RESOURCES GROUP INC
- filed_at: 2023-02-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/67716/000006771623000006/0000067716-23-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/67716/000006771623000006/mdu-20230209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000067716-23-000006
- JSON: https://secwatch.observer/filing/0000067716-23-000006.json
- Plain text: https://secwatch.observer/filing/0000067716-23-000006.txt

## Key facts
- Earnings Releases
  MDU RESOURCES GROUP INC reported 2022 results: net income $367.5 million, EPS $1.81 per share. Guidance initiated.
  - Period: 2022
  - Net income: $367.5 million
  - EPS: $1.81 per share
  - Guidance: initiated
  - Result: reported results
  source text: MDU Resources Group, Inc. (NYSE: MDU) today reported 2022 earnings on a generally accepted accounting principles (GAAP) basis of $367.5 million, or $1.81 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/67716/000006771623000006/0000067716-23-000006-index.htm
- Earnings Releases
  MDU RESOURCES GROUP INC reported the fourth quarter results: net income $117.1 million, EPS 57 cents per share.
  - Period: the fourth quarter
  - Net income: $117.1 million
  - EPS: 57 cents per share
  - Result: reported results
  source text: In the fourth quarter, the company on a GAAP basis earned $117.1 million, or 57 cents per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/67716/000006771623000006/0000067716-23-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.