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MDU Resources Group Inc. (MDU)

27.72 Up 0.24(0.87%) 4:00PM EDT
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MDU Resources Group Inc.
1200 West Century Avenue
PO Box 5650
Bismarck, ND 58506
United States - Map
Phone: 701-530-1000

Index Membership:N/A
Industry:Diversified Utilities
Full Time Employees:9,133

Business Summary 

MDU Resources Group, Inc. operates as a diversified natural resource company in the United States. The company’s Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. As of December 31, 2013, it served approximately 134,000 residential, commercial, industrial, and municipal customers in 177 communities and adjacent rural areas. The company’s Natural Gas Distribution segment distributes natural gas in Montana, North Dakota, South Dakota, and Wyoming, as well as in Idaho, Minnesota, Oregon, and Washington. It served approximately 876,000 residential, commercial, and industrial customers in 334 communities and adjacent rural areas. The company’s Pipeline and Energy Services segment provides natural gas transportation, underground storage, processing, and gathering services, as well as oil gathering, and processing facilities in the Rocky Mountain and northern Great Plains regions. This segment also provides cathodic protection and other energy-related services. Its Exploration and Production segment acquires, explores, develops, and produces oil and natural gas properties in the Rocky Mountain and Mid-Continent/Gulf States regions. The company’s Construction Materials and Contracting segment mines aggregates, and markets crushed stone, sand, gravel, ready-mixed concrete, cement, asphalt, liquid asphalt, and other products. This segment also performs integrated contracting services. Its Construction Services segment constructs and maintains electric and communication lines, gas pipelines, fire suppression systems, and external lighting and traffic signalization equipment. This segment also provides utility excavation services; and electrical wiring, cabling, and mechanical services. In addition, it sells and distributes electrical materials; and manufactures and distributes specialty equipment. The company was founded in 1924 and is based in Bismarck, North Dakota.

Key Statistics

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Corporate Governance 
MDU Resources Group Inc.’s ISS Governance QuickScore as of Oct 1, 2014 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 1; Compensation: 1.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. David L. Goodin , 52
Chief Exec. Officer, Pres and Director
Mr. J. Kent Wells , 57
Vice Chairman, Chief Exec. Officer of Fidelity Exploration & Production Company and Pres of Fidelity Exploration & Production Company
Mr. Doran N. Schwartz , 44
Chief Financial Officer and VP
Mr. Paul K. Sandness , 59
Gen. Counsel and Sec.
Mr. Jeffrey S. Thiede , 52
Chief Exec. Officer of MDU Construction Services Group, Inc and Pres of MDU Construction Services Group, Inc
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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