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MDU - MDU Resources Group Inc.


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MDU Resources Group Inc. logo

MDU Resources Group, Inc. operates as a diversified corporation engaged in regulated energy delivery and construction materials and services across the United States. The company is structured into multiple segments, each catering to distinct sectors of the market.

In its Electric segment, MDU Resources generates, transmits, and distributes electricity to a broad range of customers including residential, commercial, industrial, and municipal entities across several states including Montana, North Dakota, South Dakota, and Wyoming. This segment manages a substantial network comprising 3,500 miles of transmission lines and 4,800 miles of distribution lines, ensuring reliable power supply to its customer base.

The Natural Gas Distribution segment extends its operations across Idaho, Minnesota, Montana, North Dakota, Oregon, South Dakota, Washington, and Wyoming, providing natural gas distribution services to residential, commercial, and industrial consumers. In addition to distribution, this segment offers supplementary value-added services related to natural gas supply.

MDU Resources' Pipeline segment operates a regulated pipeline system predominantly in the Rocky Mountain and northern Great Plains regions. This segment specializes in natural gas transportation and underground storage services, complemented by offerings in cathodic protection and other energy-related services to ensure efficient energy delivery and infrastructure maintenance.

Furthermore, the company's Construction Materials and Contracting segment focuses on mining, processing, and selling construction aggregates, asphalt mix, and ready-mixed concrete. It also supplies cement, finished concrete products, and offers related contracting services, catering to infrastructure and construction projects nationwide. MDU Resources Group, Inc., founded in 1924 and headquartered in Bismarck, North Dakota, continues to expand its footprint across its diversified portfolio, serving a broad spectrum of customers including utilities, government entities, and various industrial sectors.

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Stock Sector: Construction: General Contractors

 

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