MDU RESOURCES GROUP INC
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
| Name | Position | Shares owned |
|---|---|---|
| Nicole A. Kivisto | President & CEO, Director | 564,350 |
| Garret Senger | Chief Utilities Officer | 125,187 |
| Anthony Donald Foti | CLO & Corporate Secretary | 16,634 |
| Dyke A. Boese | CIO | 25,074 |
| Anne M. Jones | ChiefHRSafety&AdminOfficer | 129,205 |
| Stephanie A. Sievert | ChiefAccntg&RegAffairsOfficer | 92,769 |
| Rob L. Johnson | President-WBI | 126,612 |
| Jason L. Vollmer | CFO | 333,530 |
| Marian M. Durkin | Director | 11,676 |
| Vernon A. Dosch | Director | 18,834 |
| Charles M. Kelley | Director | 8,031 |
| Tammy J. Miller | Director | 6,031 |
| Darrel T. Anderson | Director | 17,594 |
| Dennis W. Johnson | Director | 188,108 |
| Douglas W. Jaeger | Director | 12,726 |
| Priti Rashmikant Patel | Director | 4,849 |
| Chenxi Wang | Director | 33,691 |
| David M. Sparby | Director | 43,463 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer 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