About MDU Resources
MDU Resources is a company based in Bismarck (United States) founded in 1924.. The company has 11,100 employees as of May 31, 2023. MDU Resources has completed 7 acquisitions, including Bombard Electric, Colorado Energy and Concrete Materials. MDU Resources operates in a competitive market with competitors including Kinder Morgan, Par Pacific, Pembina Pipeline Corporation, Cheniere Energy and EGFL, among others.
- Headquarter Bismarck, United States
- Employees 11100 as on 31 May, 2023
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
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Social
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Annual Revenue
$142.6 M24as on Dec 31, 2024
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Net Profit
$-452 K-101as on Dec 31, 2024
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EBITDA
$332.17 M15as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
11100
as on May 31, 2023
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Investments & Acquisitions
Bombard Electric
& 6 more
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Funding Insights of MDU Resources
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by MDU Resources
MDU Resources has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Bombard Electric, Colorado Energy and Concrete Materials. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Ready-mix concrete, rock products, and logistical services are provided.
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2004 | ||||
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Commercial electrical and break room management services are provided nationwide.
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1992 | ||||
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Electricity transmission utility projects are developed in the United States.
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1987 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - MDU Resources
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mdu Resources Comparisons
Competitors of MDU Resources
MDU Resources operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kinder Morgan, Par Pacific, Pembina Pipeline Corporation, Cheniere Energy and EGFL, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Energy infrastructure services are provided by Kinder Morgan.
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| domain | founded_year | HQ Location |
Par Pacific is engaged in energy refining and retail operations.
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| domain | founded_year | HQ Location |
Oil and gas transportation pipelines are operated across Canada.
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| domain | founded_year | HQ Location |
Oil and gas production and transportation services are provided.
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| domain | founded_year | HQ Location |
Investments are directed toward energy, infrastructure, mining, and technology sectors.
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| domain | founded_year | HQ Location |
Oil and gas are transported via pipelines by the company.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mdu Resources
Frequently Asked Questions about MDU Resources
When was MDU Resources founded?
MDU Resources was founded in 1924.
Where is MDU Resources located?
MDU Resources is headquartered in Bismarck, United States. It is registered at Bismarck, North Dakota, United States.
Who is the current CEO of MDU Resources?
David L Goodin is the current CEO of MDU Resources.
How many employees does MDU Resources have?
As of May 31, 2023, the latest employee count at MDU Resources is 11,100.
What is the annual revenue of MDU Resources?
Annual revenue of MDU Resources is $142.6M as on Dec 31, 2024.
What does MDU Resources do?
MDU Resources was founded in 1924 and is headquartered in Bismarck, United States. Operations focus on the provision of pipes, wires, and other construction materials within the resources and utilities sector. In 2021, annual revenues of 5.53 billion were recorded, alongside a net profit of 0.39 billion. Leadership is provided by CEO and President David L. Goodin, with activities centered on domestic markets.
Who are the top competitors of MDU Resources?
MDU Resources's top competitors include Kinder Morgan, Cheniere Energy and Par Pacific.
How many acquisitions has MDU Resources made?
MDU Resources has made 7 acquisitions, including Bombard Electric, Colorado Energy, and Concrete Materials.