Bakken Project Adding Promise For MDU Resources (Rating Upgrade)
MDU Resources was upgraded to a cautious Buy by Seeking Alpha, citing regulatory wins, renewable investments, and momentum on the Bakken East pipeline. The company also reaffirmed its FY 2026 EPS guidance of $0.93–$1.00 and raised its dividend by 3.6%.
Why it matters — The upgrade highlights improving fundamentals, including the Bakken pipeline progress, higher net income, and a dividend increase, which MDU watchers would see as signs of a stronger near-term outlook.