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BISMARCK, N.D. - MDU Resources Group, Inc. (NYSE:MDU), a $3.46 billion utility company with a "GOOD" financial health rating according to InvestingPro, has elected Charles M. Kelley and Tammy J. Miller to its board of directors, effective August 12, 2025, according to a company statement.
Kelley brings over 40 years of natural gas industry experience, most recently serving as senior vice president of Natural Gas Pipelines at ONEOK, Inc. During his 25-year career at ONEOK, he oversaw more than $600 million in capital projects.
Miller, a former North Dakota lieutenant governor, previously served as CEO and board chair of Border States, an electrical distribution company. Under her leadership, the company grew from $485 million to nearly $2.5 billion in annual sales. She currently serves on the board of SkyWater Technology.
Both new directors will serve on the board’s Audit Committee.
"We’re pleased to welcome Chuck and Tammy to the MDU Resources board," said Darrel Anderson, chair of the board, in the press release.
MDU Resources provides electric utility and natural gas distribution services to more than 1.2 million customers across the Pacific Northwest and Midwest. The company’s pipeline business operates a more than 3,800-mile natural gas pipeline network and storage system in the Northern Plains.
In other recent news, MDU Resources Group Inc reported its financial results for the second quarter of 2025, revealing an earnings per share (EPS) of $0.07. This figure fell short of analysts’ forecasts, which had projected an EPS of $0.11. Despite the earnings miss, MDU Resources managed to surpass revenue expectations, although specific revenue figures were not disclosed. The company attributed the earnings shortfall to increased operating costs and unfavorable weather conditions impacting its operations.
There were no announcements regarding mergers or acquisitions during this period. Additionally, there were no reports of analyst upgrades or downgrades for MDU Resources in the recent news cycle. The company’s stock faced challenges, but specific stock price movements are not the focus here. These developments highlight the ongoing challenges MDU Resources is navigating in the current economic climate.
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