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May 26, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Energy services provider MDU Resources Group Incorporated (NYSE:MDU) (Bismarck, North Dakota) is reaping the benefits of strong natural gas demand as it positions itself for a growing role in the sector. The company is at work on a trio of natural gas pipeline expansions that it expects to be in service later this year.
Industrial Info is tracking more than $1.5 billion worth of active projects from MDU, more than $1 billion of which already have entered their engineering phase. WBI Energy Incorporated, a subsidiary of MDU, is overseeing two of the three expansions, while Montana-Dakota Utilities Company, another subsidiary--and the original version--of MDU, is a work on the third.
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