NYSE:MDUGas Utilities
MDU Resources (MDU) Is Down 5.9% After Earnings Miss and $400 Million Equity Offering
MDU Resources Group recently reported its second quarter 2025 financial results, revealing a sharp fall in net income year-over-year despite a modest rise in sales to US$351.19 million, as well as a narrowed full-year earnings outlook amid higher costs and adverse weather impacts.
Alongside these results, the company announced a US$400 million at-the-market equity offering and filed a universal shelf registration, providing flexibility for future capital raises across equity and debt...