What move does the options market price into MDU Resources's report?

Implied ±3.9%, either direction.

MDUNYSEMining & Quarrying of Nonmetallic Minerals (No Fuels)

MDU Resources Group Inc (MDU) earnings date, market-implied expected move, and options open interest by expiry

19.67

Closed16:00 ET

Open19.80Volume1.7MMkt cap$4.1BP/E20.70EPS0.95Div yield2.87%

Day19.59 – 19.8037%52-wk18.24 – 22.6632%

MDU

MDU Resources Group Inc

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±3.9%implied · report alone

18.9620.48

straddle ±5.1%

spot 19.72exp Nov 20ATM strike 20ATM straddle 1.17IV 30%

Oct 30 closereport share · term structurethin chain

Expected move

Inputs

Next report

Nov 5

before open · in 4 days

est.Q3 FY26

Calendar

Next report

Last report

+3.70%

shaded = implied · ▲▼ = realized

Aug 6 '26 · confirmed

Implied vs realized

Linked news

56dECG · customerDA Davidson Assigns Buy Rating to Everus Construction (ECG) Based on Accretive M&A and Bookings Strength

News

Largest filed tie

13F top-10 QoQ

+1.41%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

434 managers

Top fund weight

0.01%

MDU weight · VTI

N-PORTJun 30 '26

2 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

MDU Resources (MDU) is expected to report on Nov 5 before open (estimated date).

Implied vs realized

1 report

—≥ implied

Q2 FY26Aug 6 '26confirmed—▲+3.70%—

quarterimplied−5%0+5%realized×

Q2 FY26—▲+3.70%—

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Oct 20 close

0.05OI · 3 expiries · Oct 20 closeP/C open interest · Nov 20 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

1−50%Nov 2019d21+200%

640%Jan 1575d0.26245+5%0.26

2—Apr 16166d0.02117—0.02

ExpiryPutsCallsP/C

Nov 2019d1−50%21+200%0.05

Jan 1575d640%245+5%0.26

Apr 16166d2—117—0.02

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±5.1%

Funds 2

VTI±0.0%

VT±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

5.66%as filednet margin · revenue −38.07% QoQ · +6.87% YoY

Revenue

$375M−38.07% QoQ

Gross profit

$243M−24.16% QoQ

64.77% margin

Operating income

$48M−58.56% QoQ

12.78% margin

Pre-tax income

$23M−73.58% QoQ

Net income

$21M−73.72% QoQ

5.66% margin

Cost of revenue

$132M−53.68% QoQ

Operating expenses

$195M−4.72% QoQ

SG&A $114M

Depreciation $55M

Other operating $26M

Other expense

$25M

Tax

$3M−28.37% QoQ

Revenue$375M−38.07%

Gross profit

$243M−24.16%

64.77% margin

Operating income

$48M−58.56%

12.78% margin

Pre-tax income

$23M−73.58%

Net income

$21M−73.72%

5.66% margin

Cost of revenue

$132M−53.68%

Operating expenses

$195M−4.72%

SG&A $114M

Depreciation $55M

Other operating $26M

Other expense

$25M

Tax$3M−28.37%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

FOMC ×1.12· ±1.2% vs ±1.1% · 25 releases

eventrelease day|move|up · n×base

FOMCrate decision±1.2%11 of 25×1.12

PCEpersonal income & outlays±1.0%10 of 20×0.96

CPROFcorporate profits±1.0%6 of 12×0.93

GDPgross domestic product±1.0%9 of 20×0.92

NFPjobs report±0.7%5 of 10×0.67

PPIproducer prices±0.7%4 of 11×0.65

CPIconsumer prices±0.4%4 of 11×0.35

Bar = avg |move| to ±2% · tick = ±1.1% avg day · ×base = |move| ÷ ±1.1% · min 6 releases

Earnings history

EPS 0.10 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 6 '26 · confirmed	0.10	—
Q1 FY26	—	0.39	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod