MDU Resources Group, Inc.
MDU
Jodie read · what matters now
Operating margin improved 2.7 percentage points.
The story is only the start. Jodie keeps watching the filing evidence, the companies connected to MDU, and whether its market group begins moving.
Latest filing assessment · baseline
The latest filing shows material pressure
10-Q filed 2026-05-07 against the comparable filing from 2025-05-08.
What improved
- Operating margin improved 2.7 percentage points.
What weakened
- Revenue decreased 11.6% versus the comparable filing period.
Filing receipts
“Investing activities Three Months Ended March 31, 2026 2025 Variance (In millions) Components of net cash used in investing activities: Capital expenditures $ (92.4) $ (93.0) $ .6 Cost of removal, net of salvage value (.8) 0.8 (1.6) Purchase of investment securities (2.0) (2.6) .6 Proceeds from investment securities 4.0 — 4.0 Net cash used in investing activities $ (91.2) $ (94.8) $ 3.6 The cash used in investing activities decreased compared to 2025, primarily due to excess cash above the 125% funding limit withdrawn from the Company's unfunded, nonqualified defined benefit plans.”
“Interest expense increased $4.0 million, primarily due to higher long-term debt balances.”
“Interest expense increased $1.5 million, primarily due to higher long-term debt balances.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Who this business touches
The relationships behind MDU
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
Depended on by
Filing peers
Companies whose filings use similar operating language.
You can see the shape of the network here. Pro opens 5 more links, the original filing receipts, and alerts when connected names begin moving. See Pro →
What is moving around it
Live connections
MDU is currently a Leader in the organic co-movement group Regulated Gas Utilities. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for MDU; it is not active in the latest market snapshot.
Theme membership history
No durable theme membership has been observed for this name yet.