Associated tags: Building material, MDU Resources, Sand, NYSE, Other Construction & Property, Construction & Property, Commercial Building & Real Estate, Residential Building & Real Estate, MDU, Building Systems, Other Manufacturing, Manufacturing, Natural Resources, Minerals, Mining
Locations: WACO, HONEY CREEK, UNITED STATES, NORTH AMERICA, NORTH DAKOTA, CENTRAL, GREY, YANKTON, KNIFE RIVER, SOUTH DAKOTA
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Film industry Knife River Corporation (NYSE: KNF) announced today that Thomas W. Hill has been elected by Knife River’s stockholders at the 2024 annual meeting of stockholders to serve on its Board of Directors.
Key Points:
- Knife River Corporation (NYSE: KNF) announced today that Thomas W. Hill has been elected by Knife River’s stockholders at the 2024 annual meeting of stockholders to serve on its Board of Directors.
- Hill brings deep construction materials knowledge and decades of corporate leadership experience to the Knife River board.
- “Tom Hill is very well respected in our industry and has a wealth of experience to share as we continue to establish Knife River as a leading provider of construction materials and contracting services,” said Brian Gray, Knife River President and CEO.
- “We are excited to welcome Tom to our board of directors,” said Karen Fagg, Knife River’s Board Chair.
Commercial Building & Real Estate,
Construction & Property,
Landscape,
Building Systems,
Other Natural Resources,
Mining,
Minerals,
Other Construction & Property,
Natural Resources,
Residential Building & Real Estate,
Heart,
Corporate services,
MDU Resources,
Transport,
Acquisition,
Ratio,
Energy,
Adjustment,
GAAP For more information on all non-GAAP measures and a reconciliation to the nearest GAAP measure, see the section entitled "Non-GAAP Financial Measures."
Key Points:
- For more information on all non-GAAP measures and a reconciliation to the nearest GAAP measure, see the section entitled "Non-GAAP Financial Measures."
- A seasonal loss in the first quarter is typical for our business, as construction activity in many of our northern markets doesn't ramp up until the second quarter.
- "Additionally, on April 3, Knife River acquired a small ready-mix operation in South Dakota, providing infill growth between our successful Sioux Falls and Yankton locations.
- This was Knife River’s 85th acquisition and we expect it to be a sign of more deals to come.
Mining,
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MDU Resources Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its first quarter 2024 earnings conference call at 10 a.m. EDT Tuesday, May 7, 2024.
Key Points:
- Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its first quarter 2024 earnings conference call at 10 a.m. EDT Tuesday, May 7, 2024.
- Financial results for the quarter will be released that morning before the NYSE market opens.
- A live webcast of the call, along with presentation slides, will be available in the Investors section of the Knife River website at investors.kniferiver.com or at https://events.q4inc.com/attendee/997203803 .
- To participate in the live conference call:
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Renewable energy Knife River Corporation (NYSE: KNF) today announced that it has published its first sustainability report as a stand-alone company.
Key Points:
- Knife River Corporation (NYSE: KNF) today announced that it has published its first sustainability report as a stand-alone company.
- The report highlights the commitments Knife River has made to sustainable business practices.
- “At Knife River, our core values of People, Safety, Quality and the Environment guide our sustainability efforts,” said Brian Gray, Knife River President and CEO.
- “Our sustainability report showcases how each of these values drives our decision-making.
Retrieved on:
Thursday, February 15, 2024
Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its fourth quarter and full year 2023 earnings conference call at 1 p.m.
Key Points:
- Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its fourth quarter and full year 2023 earnings conference call at 1 p.m.
- Financial results for the quarter and full year will be released that morning before the NYSE market opens.
- A live webcast of the call, along with presentation slides, will be available in the Investors section of the Knife River website at investors.kniferiver.com or at https://events.q4inc.com/attendee/400020715 .
- To participate in the live conference call:
Retrieved on:
Wednesday, November 8, 2023
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Security (finance) Knife River Corporation (NYSE: KNF) (the “Company” or “Knife River”) announced today the pricing of the previously announced secondary public offering (the “Offering”) of 5,142,383 shares of its common stock (the “KNF Shares”) currently owned by MDU Resources Group, Inc., the Company’s former parent (“MDU Resources”).
Key Points:
- Knife River Corporation (NYSE: KNF) (the “Company” or “Knife River”) announced today the pricing of the previously announced secondary public offering (the “Offering”) of 5,142,383 shares of its common stock (the “KNF Shares”) currently owned by MDU Resources Group, Inc., the Company’s former parent (“MDU Resources”).
- Knife River is not selling any shares of common stock and will not receive any proceeds from the sale of the KNF Shares in the Offering or from the debt-for-equity exchange (described below).
- The Selling Stockholder in the Offering has granted the underwriters an option (the “greenshoe”) to purchase up to 514,238 additional shares of Knife River common stock at the public offering price less the underwriting discount for 30 days.
- Following the completion of the debt-for-equity exchange, and if the greenshoe is completely exercised by the underwriters, MDU Resources would no longer own any shares of common stock of Knife River.
Building Systems,
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Retail “Our third quarter 2023 revenue, net income, EBITDA and Adjusted EBITDA were better than any quarter in Knife River history.
Key Points:
- “Our third quarter 2023 revenue, net income, EBITDA and Adjusted EBITDA were better than any quarter in Knife River history.
- “I would like to thank our entire Knife River team for their continued discipline in executing our EDGE plan to increase Adjusted EBITDA margins and deliver on our strategic goals,” Gray said.
- Price increases outpaced costs for the quarter and positively contributed to our margins, as we made further progress toward our previously stated margin-expansion goals.
- “As of August, nearly $80 billion in funding from the Infrastructure Investment and Jobs Act has been allocated to projects in states where Knife River operates.
Residential Building & Real Estate,
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Broadridge Financial Solutions,
Communication,
Bank of America,
BofA Securities,
Security (finance) Knife River Corporation (NYSE: KNF) (the “Company” or “Knife River”) announced today the launch of a secondary public offering (the “Offering”) of 5,142,383 shares of its common stock (the “KNF Shares”) currently owned by MDU Resources Group, Inc., the Company’s former parent (“MDU Resources”).
Key Points:
- Knife River Corporation (NYSE: KNF) (the “Company” or “Knife River”) announced today the launch of a secondary public offering (the “Offering”) of 5,142,383 shares of its common stock (the “KNF Shares”) currently owned by MDU Resources Group, Inc., the Company’s former parent (“MDU Resources”).
- Knife River is not selling any shares of common stock and will not receive any proceeds from the sale of the KNF Shares in the Offering or from the debt-for-equity exchange (described below).
- The Selling Stockholder in the Offering has granted the underwriters an option (the “greenshoe”) to purchase up to 514,238 additional shares of Knife River common stock at the public offering price less the underwriting discount for 30 days.
- Following the completion of the debt-for-equity exchange, and if the greenshoe is completely exercised by the underwriters, MDU Resources would no longer own any shares of common stock of Knife River.
Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its third quarter 2023 earnings conference call at 10 a.m. EDT Monday, November 6, 2023.
Key Points:
- Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its third quarter 2023 earnings conference call at 10 a.m. EDT Monday, November 6, 2023.
- Financial results for the quarter will be released that morning before the NYSE market opens.
- A live webcast of the call, along with presentation slides, will be available in the Investors section of the Knife River website at investors.kniferiver.com or at https://events.q4inc.com/attendee/542534400 .
- To participate in the live conference call:
