Highest-materiality recent filing
MDU Resources Q1 EPS $0.39 vs $0.40 YoY; Bakken East Pipeline interest 1.4 Bcf/d
Diluted EPS $0.39, net income $80.8M vs $82.0M a year ago; milder weather reduced EPS ~$0.03.
MDU Resources reports 2025 continuing ops income up 5.7% YoY; guides 2026 EPS $0.93–$1.00
Net income from continuing ops $191.4M (diluted EPS $0.93) vs $181.1M in 2024; total net income $190.4M.
MDU Resources issues additional 1.52M forward shares at $18.90; underwriters exercise option in full
Underwriters exercised option for 1,522,842 additional shares on Dec 23, 2025.
MDU Resources enters forward sale for 10.15M shares at $19.04, borrows and sells to underwriters
Forward sale agreements executed Dec 3 with Wells Fargo, BofA, JPMorgan for aggregate 10,152,284 shares of common stock.
MDU Resources announces $3.4B capital plan for 2026-2030, up from prior $3.1B plan
Total capital investments of $3.4B over 2026-2030, a 34% increase over 2021-2025 actual capex.
MDU Resources Q3 continuing ops EPS $0.09 vs $0.08; narrows 2025 guidance to $0.90-$0.95
Income from continuing ops $18.4M, up $2.8M YoY; diluted EPS $0.09 vs $0.08.
MDU Resources Q2 net income $13.7M ($0.07 EPS); narrows 2025 EPS guidance to $0.88-$0.95
Q2 net income $13.7M ($0.07 diluted EPS) vs $60.4M ($0.30) in Q2 2024; continuing ops income $14.1M vs $20.2M.
MDU Resources enters $400M at-the-market equity offering with forward sale agreements
Agreement with Wells Fargo and BofA Securities for sale of up to $400M in common stock via ATM.
MDU Resources Q1 continuing ops EPS $0.40 vs $0.37 YoY; affirms 2025 guidance $0.88-$0.98
Pipeline segment record Q1 earnings of $17.2M, up 13.9% on expansion projects and storage demand.
MDU Resources unit to buy 49% stake in Badger Wind Farm for $294M
Montana-Dakota Utilities acquires 122.5 MW of 250 MW Badger Wind Farm for $294M cash.
MDU Resources 2024 net income $281.1M; regulated earnings up 13.6% YoY
Net income $281.1M, diluted EPS $1.37; adjusted EPS from continuing ops $0.90 vs $0.74 prior year.
MDU Resources announces $3.1B capital plan for 2025-2029, up 15% from prior plan
Capital investments total $3.1B for 2025-2029, a 15% increase over the 2024-2028 plan.
MDU Resources Q3 adjusted EPS $0.32 (+10%); raises regulated energy guidance to $180M-$185M
Adjusted EPS from continuing ops $0.32 vs $0.29 a year ago; reported EPS $0.32 vs $0.37.
MDU Resources completes spin-off of Everus; pro forma EPS drops to $0.48 from $0.79
Spin-off completed Oct 31, 2024; shareholders received 1 share of Everus (ECG) for every 4 shares of MDU.
MDU Resources completes spin-off of Everus Construction Group; Everus begins trading as ECG
Distribution of Everus common stock to MDU holders on a 1-for-4 basis effective Oct 31, 2024.
Everus separation from MDU effective Oct 31; investor day held; FY24 guidance reiterated
Separation of Everus Construction Group expected at 11:59 p.m. EDT on October 31, 2024.
MDU Resources board approves spinoff of Everus Construction; distribution ratio 1:4
Record date Oct 21, 2024; distribution effective Oct 31, 2024 at 11:59 p.m. EDT.
MDU Resources announces anticipated board for Everus spin-off, expects completion in late 2024
Four MDU directors (Rosenthal, Della Rocca, Ryan, Sparby) to resign from MDU board upon Everus spin-off completion.
MDU Resources reports Q2 net income $60.4M ($0.30 EPS); Pipeline record earnings $17.3M, up 99%
Net income $60.4M (diluted EPS $0.30) vs $130.7M ($0.64) prior year; adjusted income from cont ops $65.2M ($0.32 adj EPS).
MDU Resources Q1 EPS $0.49, adj EPS $0.52; pipeline earnings up 82%
Net income $100.9M vs $38.3M YoY; diluted EPS $0.49 vs $0.19; adjusted EPS $0.52 vs $0.43.
James H. Gemmel added as board nominee for 2024 annual meeting; term expires at 2025 meeting.
MDU Resources posts record 2023; regulated energy earnings up 21%; initiates 2024 guidance
Full-year diluted EPS $2.03; adjusted EPS from continuing ops $1.50 vs $1.25 prior year.
MDU Resources announces $2.8B five-year capital plan; utility spending up 44%
Planned capital investments of $2.8B from 2024-2028, a 15% increase vs prior five years.
MDU Resources Q3 adjusted EPS $0.29, up from $0.21; announces construction services spinoff
Q3 income from continuing operations $78.2M ($0.38/share) vs $42.3M ($0.21/share) YoY.
Board approved tax-free spinoff of MDU Construction Services Group to shareholders; expected completion late 2024.
MDU Resources CEO Goodin to retire; Kivisto named successor effective Jan 6, 2024
CEO David L. Goodin to retire Jan 5, 2024, after a 40-year career, including 10 years as CEO.
MDU Resources Q2 GAAP EPS $0.64 vs $0.35 YoY; raises guidance
Q2 2023 GAAP net income $130.7M ($0.64 EPS) versus $70.7M ($0.35 EPS) in Q2 2022.
MDU Resources to pursue tax-advantaged separation of Construction Services business
Board decided to separate wholly owned MDU Construction Services Group in a tax-advantaged transaction, aiming to become pure-play regulated energy utility.
MDU Resources completes spinoff of Knife River; 90% of KNF shares distributed
Distribution effective May 31, 2023: MDU stockholders received 1 KNF share for every 4 MDU shares held on May 22.
MDU Resources spin-off of Knife River corp; distribution ratio 1:4; effective May 31
Registration statement for Knife River spin-off declared effective by SEC.
MDU Resources Board OKs Knife River Spin-Off; Distribution of 1 KNF per 4 MDU
Each MDU stockholder receives 1 share of Knife River (KNF) for every 4 MDU shares held on record date May 22, 2023.
MDU Resources Q1 adjusted EPS $0.23, up YoY; board approves Knife River spin-off
Q1 GAAP net income $38.3M ($0.19/share); adjusted net income $46.6M ($0.23/share) vs. $31.7M ($0.16) in Q1 2022.
MDU Resources declares Q2 dividend of $0.2225/share, to review policy after Knife River spinoff
Quarterly dividend of $0.2225 per share, unchanged from prior quarter, payable July 1, record June 13.
Knife River Holding Co. closes $425M 7.75% notes offering for spinoff
Knife River Holding Co., a wholly owned subsidiary of MDU Resources, issued $425M of 7.750% senior notes due 2031.
On November 14, 2024, the Board of Directors of MDU Resources Group, Inc. (the “Company”) elected Vernon A. Dosch as a director of the Board, effective November 15, 2024, to serve until the 2025 Annual Meeting of Stockholders.
Jeffrey S. Thiede resigned from his position as an executive officer of the Company.
effective as of immediately prior to the Effective Time, Michael S. Della Rocca, Dale S. Rosenthal, Edward A. Ryan and David M. Sparby resigned from the Company’s board of directors (the “Board”).
effective as of immediately prior to the Effective Time, Michael S. Della Rocca, Dale S. Rosenthal, Edward A. Ryan and David M. Sparby resigned from the Company’s board of directors (the “Board”).
effective as of immediately prior to the Effective Time, James H. Gemmel resigned from the Board
effective as of immediately prior to the Effective Time, Michael S. Della Rocca, Dale S. Rosenthal, Edward A. Ryan and David M. Sparby resigned from the Company’s board of directors (the “Board”).
effective as of immediately prior to the Effective Time, Michael S. Della Rocca, Dale S. Rosenthal, Edward A. Ryan and David M. Sparby resigned from the Company’s board of directors (the “Board”).
each of Dale S. Rosenthal, Michael S. Della Rocca, Edward A. Ryan and David M. Sparby (collectively, the “Prospective Everus Construction Directors”) are expected to resign as directors of the Company
each of Dale S. Rosenthal, Michael S. Della Rocca, Edward A. Ryan and David M. Sparby (collectively, the “Prospective Everus Construction Directors”) are expected to resign as directors of the Company
each of Dale S. Rosenthal, Michael S. Della Rocca, Edward A. Ryan and David M. Sparby (collectively, the “Prospective Everus Construction Directors”) are expected to resign as directors of the Company
each of Dale S. Rosenthal, Michael S. Della Rocca, Edward A. Ryan and David M. Sparby (collectively, the “Prospective Everus Construction Directors”) are expected to resign as directors of the Company
appointed Michael S. Della Rocca and Marian M. Durkin to the Board, in each case, effective August 15, 2024, to serve until the 2025 Annual Meeting of Stockholders.
Max materiality 0.90 · Median 0.65 · Most common event other_material