The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

MDU

Concerning the House

MDU Resources Group, Inc. engages in the regulated energy delivery businesses in the United States. The company operates through three segments: Electric, Natural Gas Distribution, and Pipeline. It generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming through approximately 3,400 miles of transmission and 4,900 miles of distribution lines, as well as 86 transmission and 299 distribution substations. The company also distributes natural gas in Idaho, Minnesota, Montana, North Dakota, Oregon, South Dakota, Washington, and Wyoming through approximately 22,000 miles of distribution and 540 miles transmission systems; and supplies related value-added services. In addition, it provides natural gas transportation and underground storage services through a regulated pipeline system primarily in the Rocky Mountain and northern Great Plains regions; and cathodic protection non-regulated energy-related services. Further, the company offers transportation and storage services. MDU Resources Group, Inc. was incorporated in 1924 and is headquartered in Bismarck, North Dakota.

United States · www.mdu.com

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$1.81B-5.1%
Operating income$265.64M-4.3%
Net income$190.40M-5.3%
Cash from ops$332.63M-5.7%
Quotation

$20.29

-0.23 (-1.1%)

52w hi$22.65
52w lo$15.53
Vol1.01M
As ofAug 13
The Verdict

Hold

Our score -0.36

Short-0.25
Medium-0.54
Long-0.24

computed 2026-08-13

By the Numbers

MDU Resources Group, Inc.

Utilities · Utilities - Regulated Gas

Market cap$4.27B
Enterprise value$6.85B
Trailing P/E21.59x
Forward P/E19.15x
EV / EBITDA13.07x
P / S (ttm)2.33x
Profit margin10.7%
Return on equity6.9%
Revenue growth+6.9%
Earnings growth+47.2%
Debt / equity88.05
Risk Metrics
Beta vs SPX0.49
Corr SPX0.32
Annual vol24.5%
Annual ret+22.2%
Sharpe0.91
Max DD-22.6%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.27
Sector-0.01
Technical-0.14
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$20.59$20.71$20.27$20.291.01M
Aug 12$20.74$20.80$20.45$20.521.41M
Aug 11$20.42$20.67$20.31$20.501.30M
Aug 10$20.59$20.59$20.31$20.411.49M
Aug 7$19.50$20.72$19.50$20.551.73M