MDU Resources Group, Inc. operates as a natural resource company. Montana-Dakota Utilities Co., a public utility division of the company (Montana-Dakota), through the electric and natural gas distribution segments, generates, transmits and distributes electricity and distributes natural gas in Montana, North Dakota, South Dakota and Wyoming. Cascade Natural Gas Corporation (Cascade) distributes natural gas in Oregon and Washington. Intermountain Gas Company (Intermountain) distributes natural gas in Idaho. Great Plains Natural Gas Co., a public utility division of the company (Great Plains), distributes natural gas in western Minnesota and southeastern North Dakota. These operations also supply related value-added services. The company, through its wholly owned subsidiary, Centennial Energy Holdings, Inc., owns WBI Holdings, Inc. (WBI Holdings); Knife River Corporation (Knife River); MDU Construction Services Group, Inc. (MDU Construction Services); Centennial Energy Resources LLC (Centennial Resources); and Centennial Holdings Capital LLC (Centennial Capital). WBI Holdings includes the pipeline and midstream segment; Dakota Prairie Refinery, which is reflected in the refining segment; and Fidelity Exploration & Production Company, a direct wholly owned subsidiary of WBI Holdings, the company's exploration and production business. Knife River is the construction materials and contracting segment, MDU Construction Services is the construction services segment, and Centennial Resources and Centennial Capital are both reflected in the Other category. Segments Electric Montana-Dakota provided electric service at retail, serving approximately 142,000 residential, commercial, industrial and municipal customers in 177 communities and adjacent rural areas as of December 31, 2015. The principal properties owned by Montana-Dakota for use in its electric operations include interests in 13 electric generating facilities and 3 small portable diesel generators; approximately 3,100 and 5,000 miles of transmission and distribution lines, respectively; and 73 transmission and 318 distribution substations. Montana-Dakota has obtained and holds, or is in the process of renewing, valid and existing franchises authorizing it to conduct its electric operations in all of the municipalities it serves where such franchises are required. The interstate transmission and wholesale electric power operations of Montana-Dakota also are subject to regulation by the Federal Energy Regulatory Commission under provisions of the Federal Power Act, as are interconnections with other utilities and power generators, the issuance of securities, accounting and other matters. Montana-Dakota, through Midcontinent Independent System Operator, Inc. (MISO), has access to wholesale energy, ancillary services and capacity markets for its integrated system. MISO is a regional transmission organization responsible for operational control of the transmission systems of its members. MISO provides security center operations, tariff administration and operates day-ahead and real-time energy markets, ancillary services and capacity markets. As a member of MISO, Montana-Dakota's generation is sold into the MISO energy market and its energy needs are purchased from that market. Montana-Dakota, through an interconnected electric system, serves markets in portions of western North Dakota, including Bismarck, Mandan, Dickinson, Williston and Watford City; eastern Montana, including Sidney, Glendive and Miles City; and northern South Dakota, including Mobridge. The interconnected system consists of 12 electric generating facilities and 3 small portable diesel generators, which have an aggregate nameplate rating attributable to Montana-Dakota's interest of 704,143 kilowatts (kW) and total net zonal resource credits of 513.2 in 2015. Montana-Dakota's interconnected system electric generating capability includes four steam-turbine generating units using coal for fuel, three combustion turbine peaking stations, three wind electric generating facilities, a reciprocating internal combustion engine, a heat recovery electric generating facility, and three small p
mdu resources group inc (MDU:New York)
1200 West Century Avenue
PO Box 5650
Bismarck, ND 58506
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