MDU Resources Gains On Q2 Revenue Growth, Spin-Off Plan For Knife River
MDU Resources Group, Inc. (MDU) shares are gaining more than 4 percent on Thursday morning trade continuing an uptrend. The company reported an increase in second-quarter revenues and revealed its plans to spin off Knife River Corp. The separation of Knife will result in two independent, publicly traded companies, resulting in significant shareholder value.
MDU Resources Gains On Q2 Revenue Growth, Spin-Off Plan For Knife River
MDU Resources Group, Inc. (MDU) shares are gaining more than 4 percent on Thursday morning trade continuing an uptrend. The company reported an increase in second-quarter revenues and revealed its plans to spin off Knife River Corp. The separation of Knife will result in two independent, publicly traded companies, resulting in significant shareholder value.