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TheStreet Open House

MDU Resources Group's CEO Hosts Analyst Meeting (Transcript)

MDU Resources Group, Inc. (MDU)

Analyst Meeting Call

March 15, 2012 08:30 ET

Executives

Terry Hildestad – President and Chief Executive Officer

Dave Goodin – President and Chief Executive Officer, Montana-Dakota Utilities, Great Plains Natural Gas, Cascade Natural Gas & Intermountain Gas

Steve Bietz – President and Chief Executive Officer, WBI Holdings

Kent Wells – President and Chief Executive Officer, Fidelity Exploration & Production

John Harp – Chief Executive Officer, Knife River Corporation and MDU Construction Services Group

Doran Schwartz – Vice President and Chief Financial Officer

Analysts

Andy Levi – Caris & Company

Presentation

Terry Hildestad – President and Chief Executive Officer

Good morning everyone. Good morning. Fill your coffee up and grab a chair. We are going to start this right on time this morning, so we keep on schedule. I am Terry Hildestad, President and Chief Executive Officer of MDU Resources. It's a great pleasure to welcome you to the event and open it up. Today, we've really got a great morning plan for you. As you know, our format today will include presentations from each of our business unit Presidents and our CFO.

I'll start out with some introductions. Presenting today, Dave Goodin, Dave is President and CEO of our Utility Group; see Dave and the presenters are in the back of the room there. Dave, raise your hand. Steve Bietz, Steve is the President and CEO of our Pipeline Operation; John Harp, CEO of our Construction Materials and Construction Service Group; and Kent Wells, Kent is the CEO of our E&P business; and Doran Schwartz, you know Doran, Doran is our Chief Financial Officer. Also like to introduce Tom Knudson, Tom is in the front of the room up here, Tom is a four-year director of ours. In Tom's previous life, he was a 30-year ConocoPhillips Senior Vice President. He has number of other positions. Welcome Tom. In addition, we have Nicole Kivisto. Nicole is our Vice President, Controller, and Chief Accounting Officer with us today.

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