MDU Resources Q2 FY26 net income rises 55.5% to $21.3 million
MDU•Q2 and six-month results
MDU Resources posted Q2 2026 net income of $21.3 million, up 55.5% year-over-year; EPS rose 42.9% to $0.10.
Six-month net income increased 6.69% to $102.1 million; diluted EPS edged up to $0.49.
Outlook and regulatory timeline
MDU Resources reaffirmed its 2026 EPS outlook of $0.93 to $1.00; Bakken East's FERC Section 7(c) filing is targeted for Q4 2026.
Electric and pipeline segment performance
Electric segment profit climbed to $14.7 million on Badger Wind Farm recovery and new or interim rates; retail sales volumes rose 8.2%.
Pipeline earnings slipped to $14.4 million on lower other income and higher depreciation; Bakken East executed precedent agreements totaling nearly 1.2 Bcf/d.
