OakChart

MDU Resources Group Inc

MDUUtilities·Utilities - Regulated Gas·USA·Mid·NYSE·Nov 11 • 3:59 PM ET

19.44+0.16 (0.83%)
2026-11-12 01:01 CET
Market cap
4,114.51 USD m
Revenue, TTM
1,863.03 USD m
Net income, TTM
192.44 USD m
Free cash flow, TTM
-320.50 USD m
EPS diluted, TTM
0.93
P/E
20.95
Compare

Price

MDU against its 20, 50 and 200-day averages
2050200beatmiss
18.0020.0022.003.4M6.8MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26MDUclose 19.4420-day 19.2850-day 19.03200-day 20.5419.4452w high52w low

15.4% under the 52-week high of 22.98 on 11 May 2026. 52-week low 18.14 on 6 Nov 2026. Last 15 sessions, 10.1% high to low

Volume 1.24× normal · the line is the 50-bar volume average

Profile

MDU
52-week range, 27% of the way up
18.1422.98

MDU Resources Group, Inc. engages in the provision of natural resource products and related services to energy and transportation infrastructure. It operates through the following business segments: Electric, Natural Gas Distribution, Pipeline, and Other. The Electric segment generates, transmits and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. The Natural Gas Distribution segment distributes natural gas in Montana, North Dakota, South Dakota, Wyoming, Idaho, Minnesota, Oregon, and Washington. The Pipeline segment offers natural gas transportation, underground storage, processing and gathering services, as well as oil gathering, through regulated and non-regulated pipeline systems and processing facilities. The Other segment refers to the activities of Centennial Capital, which, through its subsidiary, InterSource Insurance Company, insures various types of risks as a captive insurer for certain of the company's subsidiaries. The company was founded by C. C. Yawkey, R.M. Heskett and Walter Alexander on March 14,1924, and is headquartered in Bismarck, ND.

IndexRUI
Employees2096
IPONov 05, 1987
Beta0.71
ATR, 14d0.43
Rel volume1.24
Short float9.05%
Insider own3.07%
Inst own91.50%

Snapshot

6 groups

Valuation

IndexRUI
Market Cap4.15B
Enterprise Value6.72B
Income192.44M
Sales1.86B
Book/sh13.92
Cash/sh0.13
Dividend Est.0.58 (3.00%)
Dividend TTM0.57 (2.91%)
Dividend Ex-DateSep 10, 2026
Dividend Gr. 3/5Y-15.02% -8.24%
Payout58.23%
Employees2096
IPONov 05, 1987

Ratios

P/E20.95
Forward P/E18.34
PEG2.31
P/S2.23
P/B1.40
P/C150.20
P/FCF-
EV/EBITDA12.55
EV/Sales3.60
Quick Ratio0.81
Current Ratio0.88
Debt/Eq0.87
LT Debt/Eq0.87
Option/ShortYes / Yes

Earnings

EPS (ttm)0.93
EPS next Y1.06
EPS next Q0.40
EPS this Y5.05%
EPS next Y8.48%
EPS next 5Y7.93%
EPS past 3/5Y-19.92% -13.77%
Sales past 3/5Y-24.98% -19.46%
EPS Y/Y TTM12.71%
Sales Y/Y TTM-0.72%
EPS Q/Q-25.78%
Sales Q/Q10.38%
EarningsNov 05 BMO
EPS/Sales Surpr.-18.12% 0.34%

Ownership

Insider Own3.07%
Insider Trans0.00%
Inst Own91.50%
Inst Trans-0.65%
ROA2.53%
ROE6.70%
ROIC3.47%
Gross Margin23.12%
Oper. Margin17.10%
Profit Margin10.33%
SMA200.82%
SMA502.15%
SMA200-5.37%
Trades-

Technical

Shs Outstand213.41M
Shs Float206.85M
Short Float9.05%
Short Ratio10.45
Short Interest18.73M
52W High22.98 -15.40%
52W Low18.14 7.20%
Volatility4.12% 2.13%
ATR (14)0.43
RSI (14)53.84
Beta0.71
Rel Volume1.24
Avg Volume1.79M
Volume2,215,878

Performance

Perf Week-1.92%
Perf Month4.29%
Perf Quarter-4.19%
Perf Half Y-14.06%
Perf YTD-0.41%
Perf Year-8.86%
Perf 3Y91.43%
Perf 5Y76.17%
Perf 10Y91.39%
Recom1.78
Target Price23.00
Prev Close19.28
Price19.44
Change %0.83%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Aug 06, 2026UpgradeJJP MorganNeutral → Overweight$27+38.9%
Jul 13, 2026InitiatedWWells FargoOverweight$25+28.6%
Apr 16, 2026InitiatedJJP MorganNeutral$22+13.2%
Oct 16, 2025InitiatedTTD CowenHold$20+2.9%
Sep 19, 2025UpgradeJJefferiesHold → Buy$20+2.9%
Jan 08, 2025InitiatedJJefferiesHold$18-7.4%
Nov 05, 2024UpgradeBBofA SecuritiesNeutral → Buy$17-12.6%
Nov 04, 2024UpgradeSSiebert Williams ShankHold → Buy$19-2.3%
Oct 21, 2024DowngradeBBofA SecuritiesBuy → Neutral$30 → $31+59.5%
May 20, 2024UpgradeAArgusHold → Buy$30+54.3%

Peers

Mkt cap
TickerCompanyMkt cap
BKHBlack Hills Corp6.65B
NWNNorthwest Natural Holding Co2.18B
NWENorthWestern Energy Group Inc5.23B
OGSONE Gas Inc5.18B
SRSpire Inc5.22B
SWXSouthwest Gas Holdings Inc6.72B
NJRNew Jersey Resources Corp5.56B
AVAAvista Corp3.38B
ATOAtmos Energy Corp29.68B
NFGNational Fuel Gas Co7.19B

Insider trading

1 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
KELLEY CHARLES MDirectorFeb 13 '26Buy20.845,000104,2258,031Feb 17 04:44 PM

Held by

AUM
TickerCompanyAUM
IJRiShares Core S&P Small-Cap ETFAUM: 106.27B
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VBVanguard Morningstar Small-Cap ETFAUM: 79.59B
DFSVUS Small Cap Value Portfolio ETF Class SharesAUM: 8.52B
VBRVanguard Morningstar Small-Cap Value ETFAUM: 37.76B
VXFVanguard Extended Market Index ETFAUM: 30.47B
DFATU.S. Targeted Value Portfolio-ETF Class SharesAUM: 14.47B
PAVEGlobal X U.S. Infrastructure Development ETFAUM: 13.47B
SPSMState Street SPDR Portfolio S&P 600TM Small Cap ETFAUM: 16.06B
IJSiShares S&P Small-Cap 600 Value ETFAUM: 7.74B

News

latest 14 of 200
  • MDU Resources Misses Q3 EPS Estimates As Bakken East FID Shifts Focus To Financing (Earnings Whispers) -6.51%
  • MDU Resources: Q3 Earnings Snapshot (Associated Press)
  • MDU Resources Reports Third Quarter 2026 Results; Reaffirms Guidance (PR Newswire)
  • MDU Faces Bakken East Decision Point As Stock Lags A Strengthening Growth Story (Earnings Whispers)
  • MDU Resources to Webcast Third Quarter 2026 Earnings Conference Call (PR Newswire)
  • WBI Energy Reaches Positive Final Investment Decision to Build Bakken East Pipeline (PR Newswire)
  • Best "Strong Buy" Stocks to Buy Now and for the Rest of 2026 (Zacks)
  • MDU Resources Group Inc's Dividend Analysis (GuruFocus.com)
  • MDU Resources Announces Increased Quarterly Dividend (PR Newswire)
  • MDU Resources Group Inc (MDU) (Q2 2026) Earnings Call Highlights: Strong Q2 Results and ... (GuruFocus.com)
  • MDU Resources: Q2 Earnings Snapshot (Associated Press)
  • MDU Resources Reports Second Quarter 2026 Results; Advances Infrastructure Growth Opportunities (PR Newswire)
  • MDU Resources to Webcast Second Quarter 2026 Earnings Conference Call (PR Newswire)
  • Montana-Dakota Utilities Announces Electric Service Agreement with Applied Digital for Proposed AI Factory (PR Newswire)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-050.0800.0980.070347.8346.637
2026Q22026-08-060.0900.0880.100375.2396.566
2026Q12026-05-070.3900.4080.390606688.347
2025Q42026-02-050.3700.3600.371534561.464
2025Q32025-11-060.0900.0870.089315.1310.722
2025Q22025-08-070.0700.1210.067351.2302.974
2025Q12025-05-080.4000.3630.400674.8653.133
2024Q42025-02-060.3400.3360.269535.5790.564
2024Q32024-11-070.3200.3100.3161,051969.171
2024Q22024-08-080.1770.1190.2951,0481,0611
2024Q12024-05-020.5200.4330.4941,2141,3531
2023Q42024-02-080.4800.4880.8361,1351,2312
2023Q32023-11-020.2900.2510.3681,0011,0193
2023Q22023-08-030.2900.3510.6411,0911,4943
2023Q12023-05-040.1580.1380.1881,7371,3823
2022Q42023-02-090.4190.3590.5741,8591,4973

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY1.1591.0751.6895,3375,317
2020FY1.3381.2961.9465,533-
2021FY1.2831.3611.8685,6815,769
2022FY1.2831.2141.8066,9746,612
2023FY0.8310.7482.0344,6574,847
2024FY0.9001.2371.3741,7583,348
2025FY0.9300.9180.9301,8751,927
2026FY-0.977--1,992
2027FY-1.060--2,126
2028FY-1.169--2,227
2029FY-1.210--2,423
2030FY-1.326--2,553

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-05520647.8576.48750.97
2026Q4S2026-10-21520647.8576.48750.97
2026Q4S2026-10-13530647.8576.48750.97
2026Q4S2026-10-06520645.81576.48741.03
2026Q4S2026-09-10520645.76576.48741.03
2026Q4S2026-09-08510643.69566.15741.03
2026Q4S2026-08-29510643.72566.15741.03
2026Q4S2026-08-28520643.72566.15741.03
2026Q4S2026-08-10521643.72566.15741.03
2026Q4S2026-08-07521644.72566.15741.03
2026Q4S2026-08-06511638.2566.15741.03
2026Q4S2026-07-29511638.18566.15741.03
2026Q4S2026-07-21521638.18566.15741.03
2026Q4S2026-07-15531638.18566.15741.03

Estimate history

EPS, annual1.4361.3881.6891.9461.8681.8062.0341.3740.9270.9279
Period201720182019202020212022202320242025TTM
EPS, quarterly0.3160.2690.40.0670.0890.3710.390.10.066
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual4443.3514531.5525336.7765532.755680.7334441.7841803.3521757.9781875.0661863.03
Period201720182019202020212022202320242025TTM
Sales, quarterly1050.516535.5674.833351.186315.036534605.977375.303347.746
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual195.304196.026200.384200.522203.351203.624203.689203.935204.383213.408
Period201720182019202020212022202320242025MRQ
Shares, quarterly203.888203.935204.331204.331204.331204.383209.006210.349213.408
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue1,863.031,875.071,757.981,803.354,441.785,680.735,532.755,336.784,531.55
Cost of Goods Sold Incl. D&A1,432.241,470.191,386.121,475.283,885.614,935.064,770.574,659.413,957.59
Gross Profit430.78404.87371.86328.08556.17745.67762.18677.36573.96
Other Operating Expense112.20114.50106.22103.13186.17211.45217.25196.14161.11
Operating Income318.58290.38265.64224.94370.00534.22544.92481.22405.32
Interest Expense125.91107.75108.35104.5380.1193.3995.9398.0084.02
Unusual Expense-5.00-6.60-5.90-7.4011.30-7.20-13.10-13.203.60
Net Income Before Taxes209.03210.98198.66340.33300.53466.65475.12398.44316.87
Income Taxes18.3219.5717.5910.2149.7688.9284.5963.2847.48
Consolidated Net Income190.71191.41181.07330.12250.77377.73390.53335.17269.39
Net Income From Continuing Operations190.71191.41181.07330.12250.77377.73390.53335.17269.39
Net Income192.44190.40281.11414.71367.49378.13390.20335.45272.32
EPS (Recurring)0.890.901.352.011.851.841.901.641.40
EPS (Basic, Before Extraordinaries)0.930.931.382.041.811.871.951.691.39
EPS (Diluted)0.930.931.372.031.811.871.951.691.39
EBITDA535.16497.08465.72415.39580.03833.43830.02737.24625.53
Non-Operating Income (Expense)11.3621.7535.47212.5121.9418.6213.022.02-0.83
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense6.595.907.105.107.7012.0010.806.504.60
Price To Earnings Ratio20.7820.789.286.196.966.285.156.706.54
Price To Sales Ratio2.122.142.102.241.391.100.951.111.03
Gross Margin23.1221.5921.1518.1912.5213.1313.7812.6912.67
Operating Margin17.1015.4915.1112.478.339.409.859.028.94
Net Margin10.3310.1515.9923.008.276.667.056.296.01
Shares Outstanding213.41204.38203.93203.69203.62203.35200.52200.38196.03
Market Capitalization4,114.514,114.513,674.062,232.642,343.592,382.212,006.312,261.441,775.10

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue347.75375.30605.98534.00315.04351.19674.83535.50
Cost of Goods Sold Incl. D&A278.44301.41454.54397.85253.42295.69523.21412.50
Gross Profit69.3073.89151.44136.1561.6255.50151.62123.00
Other Operating Expense21.7325.9535.7328.8021.7825.1738.7628.50
Operating Income47.5847.95115.70107.3539.8430.33112.8694.50
Interest Expense32.6131.5532.6929.0726.4225.4526.8228.00
Unusual Expense0.86-4.570.51-1.80-2.20-3.000.47-0.10
Net Income Before Taxes16.3822.6285.6284.4020.7214.8391.0476.60
Income Taxes2.303.354.688.002.370.668.576.10
Consolidated Net Income14.0919.2780.9576.4018.3514.1882.4770.50
Net Income From Continuing Operations14.0919.2780.9576.4018.3514.1882.4770.50
Net Income14.0921.2480.8276.3018.3113.7881.9755.20
EPS (Recurring)0.070.090.390.360.080.060.400.27
EPS (Basic, Before Extraordinaries)0.070.100.390.370.090.070.400.27
EPS (Diluted)0.070.100.390.370.090.070.400.27
EBITDA103.24103.13169.88158.9091.8982.19164.12145.30
Non-Operating Income (Expense)2.281.663.114.315.106.955.4710.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense1.531.531.532.011.291.291.301.52
Price To Earnings Ratio20.7823.1122.3523.6516.9313.0212.309.28
Price To Sales Ratio2.122.452.372.141.951.311.050.96
Gross Margin19.9319.6924.9925.5019.5615.8022.4722.97
Operating Margin13.6812.7819.0920.1012.658.6416.7217.65
Net Margin4.055.6613.3414.295.813.9212.1510.31
Shares Outstanding213.41210.35209.01204.38204.33204.33204.33203.93
Market Capitalization4,114.514,433.024,234.823,989.563,639.143,406.203,455.243,674.06

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments28.2166.9060.4770.4354.1659.5566.4653.9534.60
Short Term Receivables258.63274.30250.151,064.34946.74873.99836.61722.95727.03
Inventories39.0544.9444.6864.25335.61291.17278.41287.31226.58
Other Current Assets246.54280.111,008.41812.73214.43112.65116.23119.9381.78
Total Current Assets572.44666.261,363.722,011.751,550.941,337.351,297.701,184.131,069.99
Net Property, Plant & Equipment5,960.195,344.295,004.894,849.835,880.535,287.055,032.474,578.684,079.19
Total Investments and Advances121.18115.46112.47128.83175.48165.02148.66138.62137.61
Intangible Assets345.74345.74345.74493.06787.96740.46696.60675.74635.63
Deferred Tax Assets133.57117.71105.11103.91182.26194.88---
Other Assets622.67567.071,006.332,177.31515.53523.49507.63410.94412.24
Total Assets7,755.787,156.537,938.279,764.699,092.708,248.257,683.066,988.116,334.67
Short Term Debt Incl. Current Port. of LT Debt148.80164.73156.32107.63183.4285.2148.20251.85148.50
Accounts Payable148.97150.07159.97357.20299.79267.66283.18358.50312.33
Income Tax Payable44.6943.3749.5562.3180.3788.8448.9741.9342.54
Other Current Liabilities342.76320.42709.89952.47528.65521.81486.07333.76309.50
Total Current Liabilities685.22678.601,075.731,479.601,092.24963.52866.43986.05812.86
Long Term Debt2,561.812,148.782,104.902,370.722,683.102,298.442,310.311,856.841,566.35
Provision for Risks Charges431.59406.35384.37372.87458.06440.36417.57375.55341.97
Deferred Tax Liabilities570.86559.03557.45559.41774.22710.98506.58430.08347.27
Other Liabilities733.38673.19910.581,394.96702.20755.85734.92772.81837.17
Total Liabilities4,982.864,465.965,033.046,177.565,709.825,169.154,835.814,421.343,905.62
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity2,772.922,690.572,905.233,587.133,382.873,079.112,847.252,566.782,429.04
Total Shareholders Equity2,772.922,690.572,905.233,587.133,382.873,079.112,847.252,566.782,429.04
Accumulated Minority Interest0.000.000.000.000.000.000.000.000.00
Total Equity2,772.922,690.572,905.233,587.133,382.873,079.112,847.252,566.782,429.04
Total Liabilities & Stockholders Equity7,755.787,156.537,938.279,764.699,092.708,248.257,683.066,988.116,334.67
Book Value Per Share13.5713.1914.2617.6216.6415.3614.2113.0912.44
Tangible Book Value Per Share11.8811.5012.5715.2012.7611.6610.739.659.18
Full-Time Employees2,0962,0529,14516,80012,82612,99413,35911,79710,140
Price to Book Ratio1.381.200.810.670.700.650.790.690.85
Return on Assets2.572.393.732.664.364.904.574.044.52
Return on Equity7.016.4710.177.2011.6913.1812.3810.7812.01
Return on Invested Capital3.575.818.286.176.237.266.506.167.04
Quick Ratio0.780.921.231.321.111.091.180.911.04
Current Ratio0.840.981.271.361.421.391.501.201.32

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income191.47189.38181.07330.12484.21378.13390.20335.17269.39
Depreciation216.58206.71200.08190.45210.03299.21285.10256.02220.21
Other Funds (Non Cash)11.018.4196.68-158.48-19.22-9.28-1.050.46-3.94
Funds from Operations444.65395.58461.75360.78696.26728.31672.45655.06545.38
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-16.4777.7840.57-28.15-186.20-232.5495.92-112.78-45.50
Cash from Operating Activities428.18473.37502.32332.63510.06495.78768.37542.28499.88
Capital Expenditures-748.67-770.39-522.82-484.14-478.43-659.42-558.01-576.07-568.23
Net Assets From Acquisitions0.000.000.000.000.00-237.72-105.98-55.60-167.69
Sale of Fixed Assets and Businesses0.000.000.690.2611.3415.2435.5629.8126.10
Purchase or Sale of Investments4.930.823.8517.58-4.14-3.97-1.81-2.01-2.32
Purchase of Investments-4.07-4.18-5.16-2.42-4.14-3.97-1.81-2.01-2.32
Sale Or Maturity of Investments9.005.009.0020.000.00-0.000.00-
Other Uses-16.72-11.28-34.40-75.66-167.660.000.000.000.00
Other Sources-5.000.000.001.170.000.000.000.001.24
Cash from Investing Activities-765.46-780.86-552.68-540.79-638.88-885.88-630.24-603.86-710.91
Cash Dividends Paid-115.33-108.24-102.94-161.32-176.91-171.35-166.41-160.26-154.57
Change in Capital Stock169.97-0.08-0.05-4.81-7.5581.153.38106.85-5.03
Repurchase of Common Pref Stock0.000.000.00-4.81-7.40-6.700.000.00-5.02
Sale of Common Pref Stock169.97-0.08-0.050.00-0.1587.853.38106.85-0.01
Proceedsfrom Stock Options169.97-0.08-0.050.00-0.1587.853.38106.85-0.01
Issuance or Reduction of Debt, Net238.87381.6029.01399.39344.65479.0518.34130.51392.31
Change in Long Term Debt238.87381.60124.0123.30306.15529.05-31.66130.54392.31
Issuance of Long Term Debt932.78561.07306.14592.18371.92554.03116.97599.46566.83
Reduction of Long Term Debt-693.92-179.47-182.13-568.88-65.76-24.98-148.63-468.92-174.52
Net Financing Active Other Cash Flow-4.46-4.48114.28-28.65-5.02-4.13-0.36-3.02-2.33
Other Financing Activities Uses-4.46-4.48-2.62-28.65-5.02-4.13-0.36-3.02-2.33
Cash from Financing Activities289.05268.8040.30204.62155.17384.71-145.0474.09230.38
Exchange Rate Effect------0.000.00-0.00
Net Change in Cash-48.23-38.69-10.07-3.5426.36-5.39-6.9112.5119.35
Free Cash Flow-320.50-297.03-20.51-151.5131.64-163.65210.37-33.78-68.35
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow------120.17--
Deferred Taxes & Investment Tax Credit--8.92-16.08-1.3121.2560.25-1.8063.4159.73

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments27.6246.2753.3028.2175.8558.80
Short Term Receivables148.02151.69222.97258.63132.24156.73
Inventories41.5619.3319.4839.0544.2719.71
Other Current Assets293.70278.68263.80246.54249.00206.68
Total Current Assets510.90495.98559.55572.44501.37441.93
Net Property, Plant & Equipment6,170.116,057.025,997.345,960.195,591.355,434.56
Total Investments and Advances122.45123.14117.92121.18118.44115.78
Intangible Assets345.74345.74345.74345.74345.74345.74
Deferred Tax Assets---133.57--
Other Assets711.43690.20663.39622.67628.85607.91
Total Assets7,860.647,712.077,683.947,755.787,185.746,945.92
Short Term Debt Incl. Current Port. of LT Debt24.704.70214.70148.80164.70136.70
Accounts Payable126.77110.74124.38148.97122.11107.18
Income Tax Payable44.9334.3644.2244.6943.3353.43
Other Current Liabilities381.89349.93335.05342.76336.41297.49
Total Current Liabilities578.30499.73718.34685.22666.55594.79
Long Term Debt2,570.232,572.462,381.302,561.812,188.492,045.23
Provision for Risks Charges609.27594.79436.21431.59419.62415.14
Deferred Tax Liabilities467.34454.15448.26570.86434.10426.56
Other Liabilities664.49664.03796.19733.38753.90732.29
Total Liabilities4,889.634,785.154,780.304,982.864,462.654,214.01
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity2,971.002,926.922,903.642,772.922,723.092,731.90
Total Shareholders Equity2,971.002,926.922,903.642,772.922,723.092,731.90
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity2,971.002,926.922,903.642,772.922,723.092,731.90
Total Liabilities & Stockholders Equity7,860.647,712.077,683.947,755.787,185.746,945.92
Book Value Per Share13.9213.9113.8913.5713.3313.37
Tangible Book Value Per Share12.3012.2712.2411.8811.6311.68
Full-Time Employees---2,096--
Price to Book Ratio1.381.531.531.461.331.24
Return on Assets2.532.662.592.572.423.08
Return on Equity6.706.896.737.016.427.98
Return on Invested Capital0.250.391.531.430.370.29
Quick Ratio0.810.950.750.780.690.71
Current Ratio0.880.990.780.840.750.74

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income14.0921.2480.8275.3318.3113.78
Depreciation55.6755.1854.1851.5552.0551.85
Other Funds (Non Cash)4.48-1.785.772.541.69-1.19
Funds from Operations84.6478.09148.96132.9678.5859.12
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-2.3338.000.25-52.39-20.6758.29
Cash from Operating Activities82.31116.09149.2180.5757.91117.41
Capital Expenditures-138.59-101.09-92.41-416.59-179.82-80.95
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00
Purchase or Sale of Investments-0.43-0.691.954.11-0.43-0.28
Purchase of Investments-0.43-0.69-2.05-0.89-0.43-0.28
Sale Or Maturity of Investments0.000.004.005.000.000.00
Other Uses-9.19-3.16-0.74-3.63-5.08-2.58
Other Sources0.000.000.00-5.000.004.13
Cash from Investing Activities-148.21-104.94-91.20-421.11-185.33-79.68
Cash Dividends Paid-29.45-28.66-28.61-28.61-26.56-26.56
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock59.2029.6481.16-0.03-0.050.00
Repurchase of Common Pref Stock0.000.000.000.000.000.00
Sale of Common Pref Stock59.2029.6481.16-0.03-0.050.00
Proceedsfrom Stock Options59.2029.6481.16-0.03-0.050.00
Issuance or Reduction of Debt, Net17.51-19.16-81.01321.54171.07-11.90
Change in Long Term Debt17.51-19.16-81.01321.54171.07-11.90
Issuance of Long Term Debt360.76-4.09137.92438.19122.870.00
Reduction of Long Term Debt-343.25-15.07-218.94-116.6548.20-11.90
Net Financing Active Other Cash Flow0.000.00-4.460.000.000.00
Other Financing Activities Uses0.000.00-4.460.000.000.00
Cash from Financing Activities47.25-18.18-32.93292.90144.47-38.47
Net Change in Cash-18.65-7.0325.08-47.6417.05-0.74
Free Cash Flow-56.2815.0056.80-336.02-121.9136.46

Revenue breakdown

Total Natural Gas Distribution revenue2024: 1.76B 2025: 1.88B
United States2024: 1.76B 2025: 1.88B
Consolidation, Policy2024: 74.60M 2025: 88.76M
Corporate2024: -195.00K 2025: -722.00K
Electric2024: 421.75M 2025: 443.43M
Natural Gas Distribution2024: 1.19B 2025: 1.26B
Pipeline and Midstream2024: 73.01M 2025: 79.01M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-309.19%18.7M203.9M1.71M
2026-10-158.91%18.2M203.9M1.64M
2026-09-309.23%18.8M203.9M1.65M
2026-09-158.38%17.1M203.9M1.58M
2026-08-317.85%16.0M203.9M1.50M
2026-08-147.03%14.3M203.9M1.65M
2026-07-316.73%13.7M203.9M1.66M
2026-07-156.23%12.6M202.6M1.71M
2026-06-305.99%12.1M202.6M1.71M
2026-06-155.58%11.3M203.0M1.74M
2026-05-294.98%10.1M203.0M1.82M
2026-05-155.08%10.3M203.0M1.71M
2026-04-305.72%11.6M202.9M1.78M
2026-04-155.62%11.2M198.7M1.84M
2026-03-315.69%11.2M196.9M2.00M
2026-03-136.06%11.9M196.9M2.02M
2026-02-276.14%12.1M196.9M2.17M
2026-02-136.61%13.0M196.9M2.22M
2026-01-306.17%12.2M197.4M2.36M
2026-01-156.54%12.9M197.4M2.52M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call5.0013.4015.400.008.7790.000.000.980-0.0410.001
call7.5010.9013.100.006.8000.000.000.972-0.0400.002
call10.008.4010.500.004.9000.000.000.961-0.0380.003
call12.505.908.900.004.8720.000.000.946-0.0360.003
call15.003.405.500.002.5910.000.000.920-0.0320.004
call17.500.902.901.451.5496.000.000.858-0.0260.007
call20.000.000.250.100.39053.000.000.417-0.0460.012
call22.500.000.150.000.7950.000.000.131-0.0290.006
call25.000.001.100.041.1661.000.000.097-0.0340.005
call27.500.001.100.001.4750.000.000.081-0.0380.005
call30.000.001.100.001.7410.000.000.071-0.0410.004
call32.500.001.100.001.9770.000.000.064-0.0430.004
put5.000.001.100.005.2400.000.00-0.019-0.0420.001
put7.500.001.100.003.7670.000.00-0.028-0.0410.002
put10.000.001.100.002.7420.000.00-0.038-0.0390.003
put12.500.001.100.001.9440.000.00-0.054-0.0360.003
put15.000.001.100.001.2710.000.00-0.079-0.0320.004
put17.500.001.100.300.6581.000.00-0.142-0.0250.007
put20.000.451.801.001.2303.000.00-0.584-0.0460.012
put22.502.254.300.001.9130.000.00-0.868-0.0280.006
put25.004.706.800.002.4240.000.00-0.902-0.0330.005
put27.507.209.300.002.8430.000.00-0.918-0.0360.005
put30.009.7011.800.003.2000.000.00-0.928-0.0390.004
put32.5012.3014.300.003.5120.000.00-0.935-0.0410.004

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-0610-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-058-KCurrent report2026-11-05SEC
2026-10-08SCHEDULE 13GSEC
2026-10-014Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-014Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-08-12SCHEDULE 13GSEC
2026-08-06S-8Initial registration statement for securities to be offered to employees pursuant to employee benefit plansSEC
2026-08-06S-8Initial registration statement for securities to be offered to employees pursuant to employee benefit plansSEC
2026-08-0610-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-068-KCurrent report2026-08-06SEC
2026-07-14SCHEDULE 13G/ASEC
2026-07-014Statement of changes in beneficial ownership of securities2026-06-30SEC
2026-07-014Statement of changes in beneficial ownership of securities2026-06-30SEC
2026-06-1811-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-05-13SCHEDULE 13GSEC
2026-05-138-KCurrent report2026-05-11SEC
2026-05-0710-QQuarterly report pursuant to Section 13 or 15(d)2026-03-31SEC
2026-05-078-KCurrent report2026-05-07SEC
2026-04-30SCHEDULE 13GSEC
2026-04-29SCHEDULE 13GSEC
2026-04-09SCHEDULE 13GSEC
2026-04-014Statement of changes in beneficial ownership of securities2026-03-31SEC
2026-04-014Statement of changes in beneficial ownership of securities2026-03-31SEC
2026-04-01ARSAnnual report to security holders. 2026-03-31SEC
2026-04-01DEFA14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934SEC
2026-04-01DEF 14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 19342026-05-11SEC
2026-03-27SCHEDULE 13G/ASEC
2026-02-2010-KAnnual report pursuant to Section 13 or 15(d)2025-12-31SEC
2026-02-194Statement of changes in beneficial ownership of securities2026-02-17SEC
2026-02-194Statement of changes in beneficial ownership of securities2026-02-17SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-02104.23K100
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.13.09%
BARROW HANLEY MEWHINNEY & STRAUSS LLC6.25%
VANGUARD PORTFOLIO MANAGEMENT LLC6.07%
DIMENSIONAL FUND ADVISORS LP5.08%
EARNEST PARTNERS LLC4.65%
VANGUARD CAPITAL MANAGEMENT LLC4.51%
STATE STREET CORP3.53%
BANK OF AMERICA CORP /DE/2.91%
SEI INVESTMENTS CO2.54%
MORGAN STANLEY1.96%

Funds

Fund% owned
iShares Core S&P Small-Cap ETF6.02%
VANGUARD TOTAL STOCK MARKET INDEX FUND3.18%
Bridge Builder Large Cap Value Fund2.45%
VANGUARD SMALL-CAP INDEX FUND2.29%
VANGUARD SMALL-CAP VALUE INDEX FUND1.45%
U.S. SMALL CAP VALUE PORTFOLIO1.17%
VANGUARD EXTENDED MARKET INDEX FUND1.15%
Global X U.S. Infrastructure Development ETF0.96%
State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF0.92%
iShares S&P Small-Cap 600 Value ETF0.86%

OakChart. MDU. Cached 15 minutes.