RESOURCES Group, Inc Analyst Seminar March 2014 . David L. Goodin President & Chief Executive Officer
Company Management Jeff Thiede President of MDU Construction Services Group RESOURCES Dave Barney President of Knife River Corporation Frank Morehouse President & CEO of Montana-Dakota Utilities, Great Plains Natural Gas, Cascade…
Diversified Natural Resources Company Earnings Contribution Utilities Pipeline & Energy Services Regulated 30% Construction Exploration 36% & Production 34% Note: 2013 Adjusted Earnings.
Our Vision With integrity, create superior shareholder value by expanding upon our expertise to be the supplier of choice in all of our markets while being a safe and great place to work.
Year In Review - 2013 Strong year for MDU Resources Combined construction group exceeded 100 million in earnings for first time since peak year 2007 Services group achieves record 52.2 million earnings Record year for Utility group…
Looking Ahead Growth Opportunities Utility is projecting 9% rate base growth compounded annually over the next five years Record 1.3 billion capital program in place to facilitate growth Pipeline anticipating completion of Dakota…
Record Capital Program 4.6B 3.2B Increase Cap Ex Construction E&P 43% Regulated over next 5 years 2009-2013 2014-2018 Note: Excludes unidentified acquisitions and proposed 375-mile pipeline.
Shareholder Returns Total Annualized Shareholder Returns MDU One Year 1 Year 44% 44% 21% 5 Year 11% 25% 27% 10 Year 21% 20 Year 13% MDU S&P 500 S&P 400 Peer Avg. Note: At Feb. 28, 2014 RESOURCES Group, Inc .
Vertically Integrated Advantage Ability to leverage our expertise across business units Customers in common Strong balance sheet Improved financing options Scale for lower rates Utilize cash flow reallocation from one business to…
Summary Coming off a strong 2013 Focused on executing strategies to continue success Substantial growth opportunities at all business units Record capital program in place Vertically integrated advantage Committed to creating…