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MDU Resources Group vs Excelerate Energy: MDU and EE compared
MDU Resources Group is the larger company: $348M of revenue in its latest quarter (Q3 2026) against $297M for Excelerate Energy (Q3 2026). MDU Resources Group is growing faster (+10% against -24% a year earlier). Excelerate Energy is more profitable, with an operating margin of 31.8% against 13.7%.
Where the money goes: MDU and EE
MDU Resources Group (MDU) · Q3 2026
MDU Resources Group, Q3 2026: revenue $348M (+10% year over year), operating margin 13.7%, net earnings $14.1M, operating cash flow $82.3M. The chart follows the revenue to costs, profit and cash.
Excelerate Energy (EE) · Q3 2026
Excelerate Energy, Q3 2026: revenue $297M (-24% year over year), operating margin 31.8%, net earnings $14.2M, operating cash flow $80.3M. The chart follows the revenue to costs, profit and cash.
| MDU Resources Group (MDU) | Excelerate Energy (EE) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $348M | $297M |
| Revenue growth, Y/Y | +10% | -24% |
| Operating margin | 13.7% | 31.8% |
| Net earnings | $14.1M | $14.2M |
| Net margin | 4.1% | 4.8% |
| Operating cash flow | $82.3M | $80.3M |
| Free cash flow | — | $50.5M |
| Market value | $4.0B | $1.1B |
| P/E | 20.8× | 5.6× |
| Analysts’ mean target | $23.00 | $43.54 |
Where the revenue comes from
Excelerate Energy
- Terminal Services: $166M (56%)
- LNG Gas and Power: $132M (44%)
Questions
Which is bigger, MDU Resources Group or Excelerate Energy?
MDU Resources Group is the larger company: $348M of revenue in its latest quarter (Q3 2026) against $297M for Excelerate Energy (Q3 2026).
Is MDU Resources Group or Excelerate Energy growing faster?
MDU Resources Group is growing faster (+10% against -24% a year earlier).
Which is more profitable, MDU Resources Group or Excelerate Energy?
Excelerate Energy is more profitable, with an operating margin of 31.8% against 13.7%.
More: MDU Resources Group earnings · how MDU Resources Group makes money · Excelerate Energy earnings · how Excelerate Energy makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 6, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.