MDU Resources (MDU)
Utilities · Regional Electric and Natural Gas Utilities
A diversified regional utility holding company delivering regulated electricity and natural gas to rural and semi-rural communities across the Northern and Mountain US.
What MDU Resources does
MDU Resources is a holding company that owns and operates regulated electric and natural gas utilities serving customers across Montana, North Dakota, South Dakota, Oregon, and Idaho. Through its subsidiaries Montana-Dakota, Cascade Natural Gas, Great Plains Natural Gas, and Intermountain Gas, the company provides electricity generation, transmission, and distribution, as well as natural gas delivery and energy services to residential, commercial, and industrial customers in the Mountain and Pacific regions.
Themes: ["Regulated utilities / rate-base growth"]
Fundamentals
- Price$20.78 as of 2026-07-09 close
- Market cap$4.3B as of 2026-07-10
- 1-year return+25.6% as of 2026-07-09 close
- P/E22.81 as of 2026-07-10
- Net margin+10.5% as of 2026-07-10
- Gross margin-136.4% as of 2026-07-10
- ROE+6.8% as of 2026-07-10
- Debt / equity0.89 as of 2026-07-10
- Revenue growth (YoY)-1.7% as of 2026-07-10
- Revenue CAGR (3y)+2.4% SEC XBRL
- Beta0.75 as of 2026-07-10
Dividend: yield +2.7%; 2-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Regulatory and rate-setting risks across multiple state jurisdictions (Montana, North Dakota, South Dakota, Idaho, Oregon) affecting pricing power and cost recovery"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.