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MDU Resources (MDU) - 2025 Q1 - Earnings Call Presentation

Financial Performance - MDU Resources Group's net income decreased from $82.5 million in 2024 to $74.7 million in 2025 [31] - Earnings per share decreased from $0.40 in 2024 to $0.37 in 2025 [31] - Income from continuing operations decreased from $100.9 million in 2024 to $82.0 million in 2025 [31] - Electric Utility earnings decreased from $17.9 million in 2024 to $15.0 million in 2025 [36] - Natural Gas Utility earnings increased from $40.1 million in 2024 to $44.7 million in 2025 [39] - Pipeline earnings increased from $15.1 million in 2024 to a record $17.2 million in 2025 [42] Regulatory and Operational Updates - Natural Gas Distribution in Washington saw a rate increase of 7.9%, resulting in $29.8 million in additional annual revenue [13] - Natural gas customer count increased 1.5% year-over-year [40] - The company has 580 MW of data center load under signed electric service agreements [12, 16] - The company is considering purchasing a 49% ownership interest in Badger Wind Farm, representing 122.5 MW of the total 250 MW capacity [21]