An update from Mdu Resources Group ( (MDU) ) is now available.
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MDU Resources Group has successfully spun off its construction services subsidiary, Everus Construction Group, marking a strategic shift towards becoming a focused energy delivery business. Everus, now an independent public company, is trading on the NYSE under the ticker ‘ECG’. The separation was executed through a pro rata distribution of Everus shares to MDU Resources stockholders, with the move expected to unlock value for shareholders and allow both entities to pursue independent growth paths.
For an in-depth examination of MDU stock, go to TipRanks’ Stock Analysis page.