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MDUNYSENatural Gas DistributionFiscal year ends December 31

MDU RESOURCES GROUP INC

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$18.90−0.10 (-0.53%)

Close on Oct 19, 2026

Market cap
$4.00B
P/E (TTM)
19.9
Dividend yield
2.86%

About Mdu Resources

Natural Gas Distribution, SIC 4924

MDU Resources Group, Inc. is a regulated energy delivery company engaged in utility and pipeline services. The organization structures its operations into three primary business segments: electric service, natural gas distribution, and pipeline operations. Through its utility businesses, it generates, transmits, and distributes electricity, while also providing retail natural gas distribution alongside transportation and storage services. The enterprise caters to a diverse customer base encompassing residential, commercial, industrial, and municipal utility end-users.

The organization operates extensively across eight states. Its electric infrastructure serves 185 communities and adjacent rural areas, maintaining 15 generating unit interests across 12 facilities, about 3,400 miles of transmission lines, and 4,900 miles of distribution lines. Meanwhile, its natural gas utility serves 343 communities across eight states via approximately 22,000 miles of distribution lines and 540 miles of transmission systems. The workforce includes 2,096 employees, and the corporate headquarters is located in Bismarck, North Dakota.

Summary of the business section of Mdu Resources's latest annual report, written by StockData.

Company profile

Company

Legal name
MDU RESOURCES GROUP INC
Founded
2018
Headquarters
Bismarck, ND
Address
1200 West Century Avenue 58503
Phone
(701) 530-1000
Website
mdu.com
Employees
2,096, Dec 31, 2025
Industry
Natural Gas Distribution
Fiscal year ends
December 31
Auditor
Deloitte & Touche LLP, Minneapolis, Minnesota

Stock & identifiers

Ticker
MDU
Exchange
NYSE
Shares outstanding
210M, Jul 30, 2026
Public float
$3.39B, Jun 30, 2025
Filer category
Large accelerated filer
Stock splits
3-for-2, Jul 27, 2006; 3-for-2, Oct 30, 2003; 3-for-2, Jul 14, 1998; 3-for-2, Oct 16, 1995; 2-for-1, Jul 16, 1986; 2-for-1, Feb 1, 1978
SEC CIK
67716
CUSIP
552690109
ISIN
US5526901096
LEI
549300MA0UV6AI6SNV27
EIN
30-1133956

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Nicole A. KivistoPresident & CEO, Director564,350
Garret SengerChief Utilities Officer125,187
Anthony Donald FotiCLO & Corporate Secretary16,634
Dyke A. BoeseCIO25,074
Anne M. JonesChiefHRSafety&AdminOfficer129,205
Stephanie A. SievertChiefAccntg&RegAffairsOfficer92,769
Rob L. JohnsonPresident-WBI126,612
Jason L. VollmerCFO333,530
Marian M. DurkinDirector11,676
Vernon A. DoschDirector18,834
Charles M. KelleyDirector8,031
Tammy J. MillerDirector6,031
Darrel T. AndersonDirector17,594
Dennis W. JohnsonDirector188,108
Douglas W. JaegerDirector12,726
Priti Rashmikant PatelDirector4,849
Chenxi WangDirector33,691
David M. SparbyDirector43,463

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
Kivisto
$4.81M$5.81M$1.58M$225$206
FY2024
Goodin
$753.67K$1.66M$1.73M$201$172
FY2024
Kivisto
$5.63M$8.38M$1.73M$201$172
FY2023
Goodin
$7.10M$4.99M$2.11M$120$135
FY2022
Goodin
$5.26M$5.64M$1.90M$122$123
FY2021
Goodin
$5.21M$7.14M$1.81M$120$127

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Employees

Headcount reported in annual reports

“As of December 31, 2025, the Company had 2,096 employees.”

Corporate history

Events identified from SEC filings