MDU Resources Group, Inc. reports developments for a regulated energy delivery business built around electric utility service, natural gas distribution and pipeline operations. Its utility operations provide electric and gas service across parts of the Pacific Northwest, Midwest, Rocky Mountain and northern Great Plains, while its pipeline business operates a natural gas transportation and storage network.
Recurring news includes quarterly earnings, weather effects on utility demand, capital-investment plans, common-stock dividend actions and updates from the pipeline segment. Company releases also address financing capacity and project planning tied to energy delivery infrastructure.
MDU Resources (NYSE: MDU) reported Q1 2026 consolidated net income of $80.8 million and diluted EPS of $0.39, with milder weather reducing results by about $0.03 per share. 2026 EPS guidance was affirmed at $0.93–$1.00. A binding open season for the proposed Bakken East Pipeline showed 1.4 Bcf/d of interest and project capex is now projected at $2.7–$3.2 billion, incremental to the company’s $3.1 billion forecast.
Knife River (NYSE: KNF) reported first quarter 2026 results: revenue $410.1M (up 16% YoY) and record first-quarter backlog of $1.2B. Adjusted EBITDA improved 16% to $(31.8)M with a 290-basis-point margin improvement. The company closed three aggregates-based acquisitions and provided full-year 2026 guidance of $3.3B–$3.5B revenue and $520M–$560M adjusted EBITDA.
Capital deployment included $174.2M of acquisitions and $35.0M on expansions in Q1; net leverage was 2.9x at March 31, 2026.
Knife River (NYSE: KNF) will hold its Q1 2026 earnings conference call at 11:00 a.m. EDT on Tuesday, May 5, 2026. Financial results will be released that morning before the NYSE opens. A live webcast and presentation slides will be available in the company's Investors section.
To join by phone use Domestic 1-800-715-9871 or International 1-646-307-1963 with Conference ID 9769431. An on-demand replay will follow the call.
MDU Resources (NYSE: MDU) will webcast its first quarter 2026 earnings conference call at 2 p.m. ET on May 7, 2026. The company will release Q1 2026 results before U.S. markets open that day. The webcast and replay will be available at www.mdu.com under Investors > Events & Presentations.
Knife River (NYSE: KNF) has acquired the assets of Donaldson Brothers Ready Mix Inc., a ready-mix and aggregates supplier in western Montana, marking Knife River’s third Mountain Segment acquisition in 2026.
Donaldson supplies aggregates from three sources with over 30 years of supply, operates a ready-mix plant and manufactures precast concrete products, giving Knife River a foothold in the Bitterroot Valley south of Missoula.
Knife River (NYSE: KNF) acquired Morgan Asphalt Inc., an aggregates-based asphalt paving company serving northern Utah, expanding Knife River's Mountain Region footprint into Salt Lake City ahead of the 2026 construction season.
Operations include aggregate crushing with >30 years of proven reserves, an asphalt plant in west Salt Lake City, and contracting services (paving, excavating, grading). Morgan employs approximately 250 people at peak season and will be integrated into Knife River's 15-state network.
MDU Resources (NYSE: MDU) declared a quarterly cash dividend of $0.14 per share, unchanged from the prior quarter. The board reaffirmed a long-term target dividend payout ratio of 60%–70% of earnings. The dividend is payable on April 1, 2026 to holders of record as of March 12, 2026.
MDU Resources serves more than 1.2 million utility customers and operates a >3,800-mile natural gas pipeline and storage network across the Pacific Northwest, Midwest and Northern Plains.
Knife River (NYSE: KNF) reported a record fourth quarter and solid 2025 results, with Q4 revenue $755.1M (+15% YoY) and Q4 Adjusted EBITDA $119.4M (+47% YoY). Full-year revenue was $3.146B (+9% YoY) while net income declined to $157.1M (‑22% YoY). The company completed five acquisitions in 2025, spent $610.0M on acquisitions, and finished with a record year-end backlog of $1.0B. Knife River provided 2026 guidance of $3.3–3.5B revenue and $520–560M Adjusted EBITDA.
MDU Resources (NYSE: MDU) reported 2025 net income of $190.4 million and diluted EPS of $0.93. Income from continuing operations was $191.4 million, up $10.3 million year‑over‑year. The company deployed $792 million of capital in 2025, acquired a 49% stake in Badger Wind Farm, and said 2026 EPS guidance is $0.93–$1.00 with planned 2026 capital investment of $560 million. Long‑term EPS growth remains 6%–8% and the company completed a follow‑on offering totaling 11,675,126 shares in December 2025.
Knife River (NYSE: KNF) will hold its fourth quarter and full-year 2025 earnings conference call on Tuesday, Feb. 17, 2026 at 11:00 a.m. EST. Financial results will be released earlier that morning. A live webcast and presentation slides will be available in the Investors section at investors.kniferiver.com and at the event page provided.
Dial-in information: Domestic 1-800-549-8228, International 1-289-819-1520, Conference ID 97658. An on-demand replay of the webcast will be posted after the call.