MDU Resources Group, Inc. (MDU)

summary

MDU Resources Group Inc. It is a natural gas tool with smaller electrical benefit. Through WBI, the company transports gas and controls 3800 miles from the pipeline in the northern plains and maintains one of the largest underground storage fields in North America. Through the four organized facilities, it provides electricity generation, transportation and distribution to 145,000 customers and gas for about one million customers. Facilities service areas are spread through eight states, SD, MN, ND, ID, MT, WA, and OR. Compared to their peers, the company has a relatively modest generation capacity of about 700 megawatts. The fuel mix in the generation of 2024 is about 40 % gas, 31 % coal, and 29 % renewable. Once the 2025 joint wind farm is fully operating, the fuel mix is ​​expected to be 35 % of natural gas, 26 % of coal, and 39 % of renewable energy sources.

The company was established in 1924 as a small tool to branch into the construction industry. Two construction services companies were turned off in 2023 and 2024. The reinforced revenues of 2024 were restored 1.8 billion dollars, about 70 % of natural gas distribution and 24 % of the father.