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BISMARCK, N.D., Oct. 17, 2024 /PRNewswire/ -- Everus Construction Group, an industry-leading construction services provider, will hold an analyst and investor day at 10 a.m. EDT today at the New York Stock Exchange. At the event, management will provide an overview of the company's 4EVER strategic framework, investment highlights, operations, financial performance and anticipated growth prospects. The presentation will be followed by a question-and-answer session. Everus also is reiterating its 2024 guidanc ...

BISMARCK, N.D., Oct. 10, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) will webcast its third quarter 2024 earnings conference call at 2 p.m. ET Nov. 7. The company will release its third quarter results before U.S. financial markets open that day. The webcast can be accessed at www.mdu.com under the "Investors" heading. Select "Events & Presentations," and click "Q3 2024 Earnings Conference Call." After the conclusion of the webcast, a replay will be available at the same location. About MDU R ...

BISMARCK, N.D., Oct. 2, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) announced today that its board of directors has approved the previously announced spinoff of the company's wholly owned construction services subsidiary, Everus Construction Group, through a pro rata distribution of all the outstanding shares of Everus common stock. "We believe this strategic move will unlock value for our shareholders and position Everus for continued growth and success," said Nicole A. Kivisto, president an ...

BISMARCK, N.D., Sept. 30, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) board of directors has approved the appointment of Anthony D. Foti as chief legal officer and corporate secretary, effective October 7. He will report directly to MDU Resources president and CEO, Nicole Kivisto, and succeed Paul R. Sanderson, who was previously announced as vice president, chief legal officer and secretary at Everus Construction Group. Foti brings a wealth of experience in corporate governance, securities r ...

BISMARCK, N.D., Sept. 18, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced the retirement of Peggy Link, vice president and chief information officer, effective Jan. 10, 2025. Dyke Boese, currently director of enterprise infrasture and operations, will succeed Link. Joining MDU Resources in 2005, and throughout her tenure, Link has been a pivotal member of the company overseeing information technology functions for the company and its business units. Named as the first chief inform ...

BISMARCK, N.D., Sept. 12, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced the public filing of a Form 10 registration statement with the Securities and Exchange Commission that identifies "ECG" as the ticker symbol under which Everus Construction Group, the company's construction services subsidiary, expects to be listed on the New York Stock Exchange. MDU Resources is on track to complete the planned spinoff of Everus into an independent, publicly traded company in late 2024. In ...

MDU Resources' (MDU) systematic investments should further improve the reliability of services to help better serve the company's growing customer base. The company's focus on regulated energy delivery should boost overall performance. However, this Zacks Rank #3 (Hold) company faces risks related to aging infrastructure and seasonality of business operations. MDU's Tailwinds MDU is focused on safely meeting customer demand by upgrading and expanding its electric and natural gas infrastructure. MDU Resource ...

BISMARCK, N.D., Sept. 3, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced the anticipated board of directors for Everus Construction Group, effective upon completion of the planned spinoff of the construction services subsidiary into an independent, publicly traded company. The spinoff is expected to be complete in late 2024. Everus' post-spinoff board is expected to consist of seven directors, including six independent directors. These individuals are anticipated to move from MDU ...

MDU Resources Group (MDU) announced that its board of directors has approved a 4% increase in its quarterly dividend rate. The company has paid uninterrupted dividends for 86 years. The new dividend rate will be 13 cents per share compared with the previous quarter's 12.5 cents, payable on Oct 1, 2024, to stockholders of record as of Sept 12. This increase resulted in an annualized dividend of 52 cents per share compared with the previous level of 50 cents. The board continues to target a long-term dividend ...