MDU Resources Group, Inc. (MDU)

Diversified natural resources company providing electric and natural gas utilities, construction materials, and pipeline and energy services.

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MDU Resources Group, Inc. operates as a diversified company engaged in regulated energy delivery, construction materials, and services across the United States. Established in 1924 and headquartered in Bismarck, North Dakota, MDU Resources Group serves a broad range of customers through its various segments.

The Electric segment of MDU Resources generates, transmits, and distributes electricity to residential, commercial, industrial, and municipal customers in Montana, North Dakota, South Dakota, and Wyoming. It manages an extensive network comprising 3,500 miles of transmission lines and 4,800 miles of distribution lines, ensuring reliable power supply to its service areas.

In addition to electricity, the company's Natural Gas Distribution segment distributes natural gas to residential, commercial, and industrial customers across several states, including Idaho, Minnesota, Montana, North Dakota, Oregon, South Dakota, Washington, and Wyoming. This segment also offers value-added services related to natural gas supply.

MDU Resources' Pipeline segment operates a regulated pipeline system that provides natural gas transportation and underground storage services predominantly in the Rocky Mountain and northern Great Plains regions. It also offers cathodic protection services and other energy-related solutions to enhance pipeline integrity and safety.

Furthermore, the company's Construction Materials and Contracting segment plays a crucial role in supplying construction aggregates, asphalt mix, ready-mixed concrete, cement, and other building materials. This segment is also involved in contracting services related to infrastructure development, supporting a wide array of industries including manufacturing, commercial, transportation, institutional, renewable energy, and government sectors. With a robust infrastructure and a century-long legacy, MDU Resources Group remains committed to delivering essential energy services and building materials while contributing to the sustainable development of communities it serves.

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