MDU Resources Group Q2 Earnings Call Highlights

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MDU Resources Group (NYSE:MDU) reported second-quarter 2026 net of $21.3 million, oregon $0.10 per share, up from $13.7 million, oregon $0.07 per share, a twelvemonth earlier, arsenic caller inferior rates, lawsuit growth, renewable investments and higher retail income volumes supported results.

For the archetypal six months of 2026, the institution earned $102.1 million, oregon $0.49 per share, compared with $95.7 million, oregon $0.47 per share, successful the prior-year period.

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President and Chief Executive Officer Nicole Kivisto said the company's 4th reflected continued execution crossed its regulated inferior and pipeline operations. She besides highlighted advancement connected the projected Bakken East Pipeline Project, information halfway electric-service agreements and regulatory enactment crossed the company's work territories.

Pipeline task advances toward regulatory filing

MDU said it has executed precedent agreements with each customers that submitted binding open-season involvement for the Bakken East Pipeline Project. The agreements full astir 1.2 cardinal cubic feet per time of proscription capacity. A negotiated enactment could rise contracted volumes to astir each of the archetypal binding open-season interest, according to Kivisto.

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The institution continues to plan Bakken East for 1.4 cardinal cubic feet per time of capacity. Project plan is being finalized based connected confirmed lawsuit volumes and transportation locations, with a last concern determination expected earlier the institution files an exertion nether Section 7(c) with the Federal Energy Regulatory Commission.