MDU Resources Group, Inc. (MDU)

22.53 +0.10 (+0.45%) As of 11:01AM EDT. Market open.

MDU Resources Group, Inc.

1200 West Century Avenue
PO Box 5650
Bismarck, ND 58506-5650
United States
701-530-1000
http://www.mdu.com

Sector(s): Basic Materials
Industry: Building Materials
Full Time Employees: 13,359

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. David L. Goodin	Pres, CEO & Director	2.38M	N/A	1962
Mr. Jason L. Vollmer	VP, CFO & Treasurer	975.65k	N/A	1977
Ms. Nicole A. Kivisto	CEO & Pres of Cascade Natural Gas Corp, Intermountain Gas Co & Montana-Dakota Utilities Co.	989.9k	N/A	1973
Mr. David C. Barney	Pres & CEO of Knife River Corp.	1.51M	N/A	1956
Mr. Jeffrey S. Thiede	Pres & CEO of MDU Construction Services Group, Inc	1.46M	N/A	1962

Amounts are as of December 31, 2019 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.

Description

MDU Resources Group, Inc. engages in regulated energy delivery, and construction materials and services businesses in the United States. The company's Electric segment generates, transmits, and distributes electricity for residential, commercial, industrial, and municipal customers in Montana, North Dakota, South Dakota, and Wyoming. Its Natural Gas Distribution segment distributes natural gas for residential, commercial, and industrial customers in Idaho, Minnesota, Montana, North Dakota, Oregon, South Dakota, Washington, and Wyoming; and offers supply related value-added services. The company's Pipeline segment provides natural gas transportation, underground storage, and gathering services through regulated and nonregulated pipeline systems primarily in the Rocky Mountain and northern Great Plains regions; and cathodic protection and other energy-related services. Its Construction Materials and Contracting segment mines, processes, and sells construction aggregates; produces and sells asphalt mix; and supplies ready-mixed concrete. This segment is also involved in the sale of cement, liquid asphalt, finished concrete products, and other building materials and related contracting services. The company's Construction Services segment designs, constructs, and maintains electrical and communication wiring and infrastructure, fire suppression systems, and mechanical piping and services; and overhead and underground electrical distribution and transmission lines, substations, external lighting, traffic signalization, and gas pipelines, as well as engages in the utility excavation activities. This segment also manufactures and distributes transmission line construction equipment; and constructs and maintains renewable energy projects. It serves manufacturing, commercial, industrial, institutional, and government customers, as well as utilities. The company was founded in 1924 and is headquartered in Bismarck, North Dakota.

Corporate Governance

MDU Resources Group, Inc.’s ISS Governance QualityScore as of December 9, 2019 is 1. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.