and thank Jason, our that happy number you a joining Thank record for good of report us everyone, performance XXXX in levels and to in you, I'm areas. was again afternoon this afternoon. at
us organically pleased growing execute am with acquisitions. a opportunities both strategic As through to the our and to with in strategy, continue on of we to look XXXX, growth on focus I front
earnings our with find strong XXXX businesses share. while a where our per XXXX, rewarding compared extend reported all to Together, of allowing into for commitment our we integrity we earnings of our customers, operating Their investing our business dive results dividend, consistently continue $X.XX $X.XX growth operating the details of employees to reported heartfelt to we opportunities year. building in and exceptional I lines. shareholders growing of very you XXXX, another of communities, to I Resources and MDU shareholders, while as the to us of provide do with Before a per is thank great companies all We're proud a America. across want share safely to record
reported the Big completed to was service utility utility earnings by companies natural rate to brought several XXXX, sales brought record was line XX% North organic cases filed Dakota, states for volumes growth in a and the utility relief. implemented finalize Natural gas Rate able year, gas them. projects. were driven and was and the increase were our At and implement into service. to nearly two Stone South several rates Ellendale Gwinner, in of Transmission new Throughout in
operate and Cascade's increase revenues, be XXXX, annual this rates the on with to March XX-megawatt cost approved anticipates work of week, turbine X the to pending plans has in simple combustion rate regulatory filings throughout expected Looking million Washington additional Mandan, effective natural gas gas Monday natural new at $XX on was This Dakota. year. filing and state cycle, business of to of currently year. to On approximately this case with and cases the requests rate required company service own North This two is in XXXX. a continues in and planning be construct near to facility X.X% in a an the
the ranked Recently, allows of study, West mid-size the types have one, companies that XXXX of customer These customer utility two best spots. their growth the focus that to the poise straight year customer ranked satisfaction in in with service the from gas residential cascade have three, our and gas utility fourth Power Montana-Dakota highest nation. and ranked Gas is released Cascade JD the top second us Region. projects Intermountain which and range natural third. some gas and two utility filled natural year provide second the This Intermountain paired our
looking take companies pride annually. our customer utility footprint. see And our than immense solid across Our customers X.X to and more in we base X% and customer to growth forward, million continue our between expect eight-state serving X% grow
approximately expect years, investments driven to customer infrastructure the base grow to meet by upgrades compounded and X% annually over next demand. rate safely We in replacements system also five
third a had record very year pipeline pipeline moved our gas And natural consecutive the business, XXXX. for system. its And of through volumes full we
project Just into a Demicks XXX brought Expansion Dakota, has its cubic in which day. yesterday, feet North of per capacity the million here company Lake service
than Lake Section billion gas its and projects feet Line With the this the brought XX coupled more system online with of company has natural expansion, late in through transport X.X additions day. of per XXXX, to now capacity cubic Demicks
weeks, project would This coming application will the for business to filing XXX on be for FERC approximately with slated pipeline an proceed with cubic the XXXX. construction per project add permission feet day. the North capacity In million Bakken expansion of
the day project, natural project, recall, North cubic XXXX expanded and expansion may the levels twice has you demand strong in record continued to and As expected this customer as per introduced gas Bakken. accommodate demand was in XXX originally with of a early production for foot Bakken million project
record the and revenues, northwest continues strong and The Services strong driving high-tech our both specialty construction to business The Now, inside ended I'd with backlog. southwest like markets work. businesses. for and and to another to are in contracting Group year record the were Construction increased outside The industries company demand record hospitality inside contracting workloads. see in is segment busy demand turn earnings
of we construction volumes work business market for pride this electric across throughout Outside this the assets has and company growth distribution substation continues our business high utility to the This remainder electric performance added the the see with business. at year contracting transmission, of State. in electrical bottom-line of customers to Washington based acquired areas. along XXXX, strong In saw
Services Construction company we Pride new XXX of this Group. that is service construction Monday electrical in specialize in a on tenant health commercial to high-tech government, employees MDU Electric Virginia Electric in care improvement and based work markets. welcome recently, the and More Fairfax, leading with over week, Pride construction,
welcome Electric excited the expertise Pride family. to employees very with are to We MDU their the of along
materials in to record business, And and benefit continues as had result, material strong sales reserves year-over-year in of market revenues from in business Driving economic across states to a XXXX. in businesses construction our successfully continues business increased basis. conditions At also acquire contracting footprint. increase workloads XX% across the This a several its our half expand aggregate nation. western This on XXXX. coverage and earnings to the we
executing additional businesses. our now will construction cost focus backlog, to record XXXX, opportunities on acquisition efficiencies which to we combined continue projects at both although, at safety. in For we And forward $X.XX stands look most we evaluate billion, importantly, successfully and on and
billion to services completes $X.XX That billion the $X.X of levels range margins, from construction individual to in and at importantly, unit be We XXXX $X.X the to range business than higher expect our revenues to comparable, with revenues our both in billion full-year discussion. construction slightly or billion, material be businesses. $X.XX
as ahead operating Now would economic in reflects the and and share. per our looking in as be range overall normal This range $X.XX an initiating to are to guidance noted conditions of we $X.XX XXXX earnings our weather year corporation, areas, release, range be incremental across of projects. from million the surface this and acquisitions forecast. in including throughout temperatures all earnings investment capital included $XXX And not precipitation capital the this additional are to and and made for
I'm value at we explore to record positioned well we're with MDU significant opportunities. potential performed execute plans we Resources, Here growth as on XXXX. at our optimistic and organic along in And business acquisitions produce that long-term levels
balance credit past We good XX solid strong ratings consecutive we've the And continue shareholders, continued sheet, increasing positions. to dividend for a our to and to years, for maintain XX competitive years. a liquidity while it provide
MDU As creating strong building with committed and while America. focus operating Resources value on as always, shareholder we superior is integrity continue safety, to a
and we lines Operator? now commitment ask that questions. interest Resources, to everyone's appreciate certainly to and MDU the open I
