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Investments and Increasing Customer Base Drive MDU Resources' Growth
ZACKS· 2025-09-05 17:51
Key Takeaways MDU Resources projects 6-8% long-term EPS growth and 1-2% annual customer gains through 2026.The company plans $3.1B in regulated capital spending from 2025 to 2029 to boost reliability.Data center demand lifted Q2 retail sales by 12%, with 580 MW in signed electric service deals.MDU Resources’ (MDU) long-term capital investments should further improve the reliability of its services and assist in serving an expanding customer base. After the spinoff of Knife River and Everus Construction, MDU ...