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Mdu Resources Group ( (MDU) ) just unveiled an announcement.
On January 15, 2026, WBI Energy Transmission, Inc., an indirect subsidiary of MDU Resources Group, Inc., amended its existing note purchase and private shelf agreement with PGIM, Inc. and other purchasers to extend through December 22, 2028 the period during which it may issue up to an aggregate $350 million of senior unsecured shelf notes, subject to the purchasers’ discretion and potential termination of the issuance right. WBI has already issued $235 million under this facility, leaving $115 million available as of that date, and plans to use any additional proceeds for general corporate purposes, including funding previously announced capital expenditures, while remaining subject to customary financial and operational covenants and default provisions that limit indebtedness, liens, affiliate transactions, asset sales, mergers, and certain investments.
The most recent analyst rating on (MDU) stock is a Hold with a $22.00 price target. To see the full list of analyst forecasts on Mdu Resources Group stock, see the MDU Stock Forecast page.
Spark’s Take on MDU Stock
According to Spark, TipRanks’ AI Analyst, MDU is a Neutral.
The score is held back mainly by weak and volatile financial performance (notably negative TTM revenue and margins) and inconsistent historical cash generation. Guidance and segment execution (Pipeline strength, raised EPS outlook) are supportive, while technical signals are mixed and valuation is only moderately attractive given the P/E despite the dividend yield.
To see Spark’s full report on MDU stock, click here.
More about Mdu Resources Group
WBI Energy Transmission, Inc., an indirect subsidiary of MDU Resources Group, Inc., operates in the energy infrastructure sector, focusing on natural gas transmission and related services. The company finances its operations and capital expenditures in part through the issuance of senior unsecured notes to institutional investors under long-term private shelf note purchase agreements.
Average Trading Volume: 2,503,518
Technical Sentiment Signal: Buy
Current Market Cap: $4.15B
Find detailed analytics on MDU stock on TipRanks’ Stock Analysis page.