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About
MDU Resources Group, Inc. provides natural resource products and related services to energy and transportation infrastructure. The company operates through the following segments: Electric, Natural Gas Distribution, Pipeline and Midstream, Construction Materials and Contracting, Construction Services, Refining, and Other. The Electric segment generates, transmits and distributes electricity in Montana, North Dakota, South Dakota and Wyoming. The Natural Gas Distribution segment distributes natural gas in Montana, North Dakota, South Dakota, Wyoming, Idaho, Minnesota, Oregon, and Washington. The Pipeline and Midstream segment provides natural gas transportation, underground storage, processing and gathering services, as well as oil gathering, through regulated and non-regulated pipeline systems and processing facilities primarily in the Rocky Mountain and northern Great Plains regions. The Construction Materials and Contracting segment mines aggregates and markets crushed stone, sand, gravel and related construction materials, including ready-mixed concrete, cement, asphalt, liquid asphalt and other value-added products. It also performs integrated contracting services. The Construction Services segment provides utility construction services specializing in constructing and maintaining electric and communication lines, gas pipelines, fire suppression systems, and external lighting and traffic signalization. It also offers utility excavation and inside electrical and mechanical services, and manufactures and distributes transmission line construction equipment and other supplies. The Refining segment refines crude oil and produces and sells diesel fuel, naphtha, atmospheric tower bottoms and other by-products of the production process. The Other segment includes the activities of Centennial Capital, which insures various types of risks as a captive insurer for certain of the firm's subsidiaries. MDU Resources Group was founded by C. C. Yawkey, R.M. Heskett and Walter Alexander on March 14, 1924 and is headquartered in Bismarck, ND. | |||
Description
MDU Resources Group, Inc. engages in the regulated energy delivery, and construction materials and services businesses in the United States. The company operates through Electric, Natural Gas Distribution, Pipeline and Midstream, Construction Materials and Contracting, and Construction Services segments. The Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. As of December 31, 2016, it served 142,948 residential, commercial, industrial, and municipal customers in 178 communities and adjacent rural areas. The Natural Gas Distribution segment distributes natural gas in Montana, North Dakota, South Dakota, and Wyoming, as well as Idaho, Minnesota, Oregon, and Washington; and offers related value-added services. It served approximately 922,408 residential, commercial, and industrial customers in 335 communities and adjacent rural areas. The Pipeline and Midstream 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. It also provides cathodic protection and other energy-related services. The Construction Materials and Contracting segment mines aggregates and markets crushed stone, sand, gravel, and related construction materials; and provides integrated contracting services in the central, southern, and western United States, as well as Alaska and Hawaii. The 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 offers utility excavation services, as well as electrical and mechanical services; and manufactures and distributes transmission line construction equipment and other supplies. MDU Resources Group, Inc. was founded in 1924 and is based in Bismarck, North Dakota. |