Recent Acquisition Activity Questar has been involved in significant mergers and acquisitions, including the $6 billion merger with Dominion Resources in 2016, the $1.54 billion acquisition by Southwest Gas Holdings in 2021, and the $9.4 billion sale to Enbridge in 2023. These transactions indicate ongoing consolidation within the energy and defense sectors, creating opportunities for service providers to support integration, compliance, and post-merger transitions.

Potential Infrastructure Modernization As a company operating within the defense and space manufacturing industry with a revenue of approximately $1 billion, Questar's history of large-scale mergers suggests ongoing infrastructure upgrades and modernization efforts. Companies offering innovative technology solutions, cybersecurity, and systems integration could find opportunities to collaborate on enhancing operational resilience.

Educational Collaboration Opportunities Questar actively partners with educational sector entities such as East Greenbush Central School District and Ichabod Crane School District to support social-emotional development and remote learning initiatives. This presents a niche avenue for educational technology providers and training organizations to engage with Questar for future workforce development or community outreach projects.

Market Focus and Growth Potential Operating in a highly specialized industry niche with a geographically centered location in Salt Lake City, Utah, Questar can serve as a gateway for suppliers targeting regional defense and space manufacturing sectors. Complementary companies offering advanced manufacturing tools, maintenance services, or regulatory compliance solutions could expand their reach within this strategic market.

Leadership and Strategic Direction With recent leadership changes, including the appointment of a new CEO in 2019, Questar appears to be cultivating a forward-looking strategic outlook. Engaging with corporate decision-makers on innovations in defense technology, infrastructure resilience, or sustainability initiatives could position solutions aligned with their evolving corporate priorities.