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MDU Resources Group, Inc. (MDU) is an utilities company in the US gas distribution services industry, based in Bismarck, United States, with about 2,096 full-time employees.
It reported revenue of $1.88 billion for fiscal year 2025, up 6.5% from fiscal year 2024, and net income of $190.40 million. Its largest business segment, Regulated Operations - Natural Gas Distribution, brought in 66% of segment revenue in fiscal year 2025. Its market capitalization was $3.94 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
MDU Resources Group, Inc. engages in the regulated energy delivery businesses in the United States. The company operates through three segments: Electric, Natural Gas Distribution, and Pipeline.
MDU Resources reported $1.88 billion in revenue for fiscal year 2025, up 6.5% from $1.76 billion in fiscal year 2024.
Regulated Operations - Natural Gas Distribution, with $1.28 billion or 66% of segment revenue in fiscal year 2025. Next: Regulated Operations - Electric (22%) and Pipeline (12%).
$3.94 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (US gas distribution services) include New Jersey Resources Corporation (NJR), Spire Inc. (SR), ONE Gas, Inc. (OGS), Chesapeake Utilities Corporation (CPK).