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MDU Resources Group
Energy / Diversified Energy and Infrastructure
At a Glance | Core Facts | Company Due Diligence: | Industry Due Diligence: | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
MDU Resources Group, Inc. is a diversified natural resource company that operates through two primary business segments: utility and construction materials and services. The company's utility business serves customers in eight states through electric and natural gas distribution services. Its construction materials and services business provides construction services and materials, primarily in the western and midwestern states.
Founded in 1924 as the Montana-Dakota Utilities Co., MDU Resources has grown to become a Fortune 500 company with operations across the United States. The company is headquartered in Bismarck, North Dakota.
Key services and products provided by MDU Resources Group include electric and natural gas distribution, natural gas compression and storage, construction materials and services, pipeline and energy transportation, and exploration and production of oil and natural gas.
MDU Resources is committed to sustainability and has implemented a number of environmental initiatives to reduce its carbon footprint and promote green practices. This includes investing in renewable energy sources, implementing energy efficiency programs, and promoting a culture of environmental stewardship among its employees.
The company employs over 10,000 people and has a strong focus on safety, both for its employees and the communities it serves. MDU Resources also has a history of giving back to its communities through charitable donations and volunteer work.
In addition to its primary business segments, MDU Resources also has investments in other companies, including WBI Energy, Inc., Knife River Corporation, and Montana Dakota Utilities Co.
Overall, MDU Resources Group is a well-established and diversified company with a strong commitment to providing essential services while also promoting sustainability and giving back to communities.
Founded in 1924 as the Montana-Dakota Utilities Co., MDU Resources has grown to become a Fortune 500 company with operations across the United States. The company is headquartered in Bismarck, North Dakota.
Key services and products provided by MDU Resources Group include electric and natural gas distribution, natural gas compression and storage, construction materials and services, pipeline and energy transportation, and exploration and production of oil and natural gas.
MDU Resources is committed to sustainability and has implemented a number of environmental initiatives to reduce its carbon footprint and promote green practices. This includes investing in renewable energy sources, implementing energy efficiency programs, and promoting a culture of environmental stewardship among its employees.
The company employs over 10,000 people and has a strong focus on safety, both for its employees and the communities it serves. MDU Resources also has a history of giving back to its communities through charitable donations and volunteer work.
In addition to its primary business segments, MDU Resources also has investments in other companies, including WBI Energy, Inc., Knife River Corporation, and Montana Dakota Utilities Co.
Overall, MDU Resources Group is a well-established and diversified company with a strong commitment to providing essential services while also promoting sustainability and giving back to communities.
What is special about the company?
1. Long history: The company was founded in 1924, making it one of the oldest utility companies in the United States.
2. Diversified business operations: MDU Resources Group is involved in a variety of industries including regulated energy delivery, construction materials and services, and exploration and production of oil, natural gas, and other energy products.
3. Strong financial performance: The company has a solid financial track record with consistent revenue and earnings growth. It has also paid dividends for 80 consecutive years.
4. Sustainable practices: MDU Resources Group is committed to sustainable development and has been recognized for its efforts in environmental stewardship, energy efficiency, and community engagement.
5. Wide geographical presence: The company operates in 48 states, giving it a broad customer base and a diverse portfolio of assets.
6. Employee development: MDU Resources Group prioritizes employee development and provides training and advancement opportunities for its employees.
7. Strong corporate governance: The company has a strong commitment to ethical conduct and transparent communication with its stakeholders.
8. Community involvement: MDU Resources Group actively contributes to the communities in which it operates through various philanthropic initiatives and volunteerism.
9. Customer-centric approach: The company is dedicated to providing reliable and affordable services to its customers and has a strong focus on customer satisfaction.
10. Award-winning company: MDU Resources Group has received numerous awards and recognition for its business performance, sustainability practices, and employee engagement.
2. Diversified business operations: MDU Resources Group is involved in a variety of industries including regulated energy delivery, construction materials and services, and exploration and production of oil, natural gas, and other energy products.
3. Strong financial performance: The company has a solid financial track record with consistent revenue and earnings growth. It has also paid dividends for 80 consecutive years.
4. Sustainable practices: MDU Resources Group is committed to sustainable development and has been recognized for its efforts in environmental stewardship, energy efficiency, and community engagement.
5. Wide geographical presence: The company operates in 48 states, giving it a broad customer base and a diverse portfolio of assets.
6. Employee development: MDU Resources Group prioritizes employee development and provides training and advancement opportunities for its employees.
7. Strong corporate governance: The company has a strong commitment to ethical conduct and transparent communication with its stakeholders.
8. Community involvement: MDU Resources Group actively contributes to the communities in which it operates through various philanthropic initiatives and volunteerism.
9. Customer-centric approach: The company is dedicated to providing reliable and affordable services to its customers and has a strong focus on customer satisfaction.
10. Award-winning company: MDU Resources Group has received numerous awards and recognition for its business performance, sustainability practices, and employee engagement.
What the company's business model?
MDU Resources Group is a diversified natural resources and construction materials company. Its business model is focused on acquiring and developing energy, natural gas, and construction businesses to provide sustainable growth in the long term. The company operates in several industries, including electric and natural gas utilities, natural gas pipelines and storage, construction materials, and construction services.
The company's primary objective is to deliver consistent and sustainable earnings and dividend growth through a balanced portfolio of businesses. This is achieved through strategic investments, acquisitions, and organic growth initiatives. The company follows a decentralized structure, with its subsidiaries operating under their own management teams and brand names.
MDU Resources' business model also incorporates a focus on cost management and operational efficiencies to improve profitability. The company leverages its existing operations and expertise to diversify its portfolio and enter new markets. Additionally, it places a strong emphasis on regulatory compliance, environmental sustainability, and community engagement to build and maintain positive relationships with stakeholders.
Overall, MDU Resources Group's business model is centered around diversification, growth, and responsible operations to deliver value to shareholders and stakeholders.
The company's primary objective is to deliver consistent and sustainable earnings and dividend growth through a balanced portfolio of businesses. This is achieved through strategic investments, acquisitions, and organic growth initiatives. The company follows a decentralized structure, with its subsidiaries operating under their own management teams and brand names.
MDU Resources' business model also incorporates a focus on cost management and operational efficiencies to improve profitability. The company leverages its existing operations and expertise to diversify its portfolio and enter new markets. Additionally, it places a strong emphasis on regulatory compliance, environmental sustainability, and community engagement to build and maintain positive relationships with stakeholders.
Overall, MDU Resources Group's business model is centered around diversification, growth, and responsible operations to deliver value to shareholders and stakeholders.
Interesting facts about the company
1. MDU Resources Group is a publicly traded company and is listed on the New York Stock Exchange under the ticker symbol MDU.
2. The company headquarters is located in Bismarck, North Dakota. It also has offices in other states including Montana, Wyoming, and Minnesota.
3. MDU Resources Group was founded in 1924 as the Montana-Dakota Utilities Co. and has since grown through mergers and acquisitions to become a diversified energy and infrastructure company.
4. The company is comprised of five business segments: electric, natural gas distribution, pipeline and midstream, construction materials and services, and construction services.
5. The company’s electric and natural gas utilities serve over 1.1 million customers in eight states.
6. MDU Resources Group is one of the largest natural gas and oil producers in the Rocky Mountain region, with operations in Colorado, Montana, North Dakota, and Wyoming.
7. In addition to energy and infrastructure, MDU Resources Group also has a significant presence in the construction industry, with its construction materials and services segment providing aggregates, asphalt, and construction services across the country.
8. The company has a strong commitment to sustainability and has been recognized for its efforts in renewable energy and environmental stewardship.
9. MDU Resources Group is consistently ranked as one of the best managed and top-performing companies in its industry.
10. The company’s slogan is Building a Strong America, reflecting its dedication to providing essential services and infrastructure to support economic growth and development in the communities it serves.
See Company Due Diligence:
2. The company headquarters is located in Bismarck, North Dakota. It also has offices in other states including Montana, Wyoming, and Minnesota.
3. MDU Resources Group was founded in 1924 as the Montana-Dakota Utilities Co. and has since grown through mergers and acquisitions to become a diversified energy and infrastructure company.
4. The company is comprised of five business segments: electric, natural gas distribution, pipeline and midstream, construction materials and services, and construction services.
5. The company’s electric and natural gas utilities serve over 1.1 million customers in eight states.
6. MDU Resources Group is one of the largest natural gas and oil producers in the Rocky Mountain region, with operations in Colorado, Montana, North Dakota, and Wyoming.
7. In addition to energy and infrastructure, MDU Resources Group also has a significant presence in the construction industry, with its construction materials and services segment providing aggregates, asphalt, and construction services across the country.
8. The company has a strong commitment to sustainability and has been recognized for its efforts in renewable energy and environmental stewardship.
9. MDU Resources Group is consistently ranked as one of the best managed and top-performing companies in its industry.
10. The company’s slogan is Building a Strong America, reflecting its dedication to providing essential services and infrastructure to support economic growth and development in the communities it serves.
See Company Due Diligence:
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