Company
MDU Resources Group, Inc.
Headquarters: Bismarck, ND, United States
Founded: Minneapolis, Minnesota, U.S.1924
Employees: 12,826
CEO: Mr. David L. Goodin
Market Cap
$5.01 Billion
USD as of July 1, 2024
MDU Resources Group, Inc. Categories
United States Basic Materials Building MaterialsUnited States Basic Materials United States Building Materials
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Industry: Building Materials
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Detailed Description
MDU Resources Group, Inc. engages in the regulated energy delivery, and construction materials and services businesses in the United States. The company's Electric segment generates, transmits, and distributes electricity for residential, commercial, industrial, and municipal customers in Montana, North Dakota, South Dakota, and Wyoming, as well as operates 3,500 miles of transmission lines and 4,800 miles of distribution lines. Its Natural Gas Distribution segment distributes natural gas for residential, commercial, and industrial customers in Idaho, Minnesota, Montana, North Dakota, Oregon, South Dakota, Washington, and Wyoming; and offers supply-related value-added services. The company's Pipeline segment provides natural gas transportation and underground storage services through a regulated pipeline system primarily in the Rocky Mountain and northern Great Plains regions; and cathodic protection and other energy-related services. Its Construction Materials and Contracting segment mines, processes, and sells construction aggregates; produces and sells asphalt mix; and supplies ready-mixed concrete. This segment is also involved in the sale of cement, finished concrete products, and other building materials and related contracting services. The company's Construction Services segment designs, constructs, and maintains electrical and communication wiring and infrastructure, fire suppression systems, mechanical piping and services; overhead and underground electrical, gas, and communication infrastructure; and manufactures and distributes transmission lines construction equipment. It serves manufacturing, commercial, industrial, transportation, institutional, and renewable and government customers, as well as utilities. The company was founded in 1924 and is headquartered in Bismarck, North Dakota.
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Stocks & Indices
MDU Resources Group, Inc. has the following listings and related stock indices.
Stock: NYSE: MDU wb_incandescent
Stock: FSX: MRE wb_incandescent
Key People
Founder(s): Rolland Heskett
Harry J. Pearce (Chairman) David L. Goodin (CEO)
Financials
Revenue: US$ 4.4 billion (2017)
Operating income: US$ 428.7 million (2017)
Net income: US$ 281.1 million (2017)
Total assets: US$ 6.3 billion (2017)
Total equity: US$ 2.4 billion (2017)