Corporate Profile
MDU Resources operates in three core lines of business: energy, utility resources and construction materials. Our businesses include natural gas and oil production, natural gas pipelines and energy services, electric and natural gas utilities, construction services and construction materials and contracting.
Key Statistics (as of December 31, 2008)
- Nearly 14,000 employees in peak construction season.
- Operating in 44 states.
- More than $5 billion in annual revenues.
- More than $6.5 billion in assets.
- Increased common stock dividend for 18 consecutive years.
Growth Strategies
Our company is comprised of solid business lines, and we deliver sound, long-term returns. We do that by providing the essential goods and services that keep the nation’s infrastructure strong.
Our growth strategies are based on firm principles – we build on what we know. We only diversify into businesses in which we have expertise. Higher-growth opportunities in our nonregulated businesses are supported by the stability and predictability of our regulated businesses.
We focus on organic growth and selective acquisitions. We capitalize on synergies that can be captured across our business portfolio.