---
schema_version: "secwatch.filing_event.v1"
accession: "0000067716-25-000092"
form_type: "8-K"
ticker: "MDU"
cik: "0000067716"
company_name: "MDU RESOURCES GROUP INC"
filed_at: "2025-11-20T23:59:59+00:00"
generated_at: "2026-05-16T18:17:06.026440+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MDU Resources announces $3.4B capital plan for 2026-2030, up from prior $3.1B plan

## Summary
- Total capital investments of $3.4B over 2026-2030, a 34% increase over 2021-2025 actual capex.
- Electric segment $1.38B, natural gas $1.35B, pipeline $643M (sum excludes 'Other').
- Equity issuance of $150-175M in 2026 and $100-125M in 2027 to fund near-term capex.
- Company targets annual rate base growth of 7-8% and EPS growth of 6-8% over the period.
- Key projects: Badger Wind Farm final payment in 2026; JETx transmission line energized late 2028-early 2029.

## SEC filing metadata
- accession: 0000067716-25-000092
- form_type: 8-K
- ticker: MDU
- cik: 0000067716
- company_name: MDU RESOURCES GROUP INC
- filed_at: 2025-11-20T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/67716/000006771625000092/0000067716-25-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/67716/000006771625000092/mdu-20251120.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000067716-25-000092
- JSON: https://secwatch.observer/filing/0000067716-25-000092.json
- Plain text: https://secwatch.observer/filing/0000067716-25-000092.txt

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