News Breaks |
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| May 21, 2012 |
| 08:37 EDT |  | MDU, WLL | MDU subsidiary purchases interest in Bakken oil and natural gas midstream assets
MDU Resources Group (MDU), through its wholly owned subsidiary, Bitter Creek Pipelines, announced an agreement purchasing a 50% undivided interest in Whiting Oil and Gas Corporation’s natural gas and oil midstream assets near Belfield, N.D. in the Bakken area. The facilities include a newly constructed, state-of-the-industry natural gas processing plant and a natural gas gathering pipeline system connected to the plant. A natural gas residue line that ties into the Williston Basin Interstate Pipeline Company system is also included, along with a crude oil gathering system, a crude oil storage terminal and a crude oil pipeline that connects the terminal to the Bridger Pipeline. Whiting will continue to operate the facilities. Bitter Creek paid $66M at closing to acquire its interest in the facilities and will be responsible for 60% of certain future capital expenditures as specified in the agreement. |
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News For MDU;WLL From The Last 14 Days Check below for free stories on MDU;WLL the last two weeks. |
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| May 24, 2013 |
| 13:54 EDT |  | MDU | MDU Resources price target raised to $30 from $27 at Argus
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| 10:04 EDT |  | WLL | On The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: DDR Corp. (DDR) upgraded to Buy from Hold at Jefferies... Gordmans Stores (GMAN) upgraded to Overweight from Neutral at Piper Jaffray... Pandora (P) upgraded to Outperform from Sector Perform at RBC Capital... Procter & Gamble (PG) upgraded to Buy from Neutral at UBS... Sherwin-Williams (SHW) upgraded to Outperform from Neutral at RW Baird... Wendy's (WEN) upgraded to Buy from Neutral at Janney Capital... Whiting Petroleum (WLL) upgraded to Buy from Neutral at SunTrust... Alliance Data (ADS) upgraded to Outperform from Market Perform at William Blair. |
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| 06:45 EDT | | WLL | Whiting Petroleum upgraded to Buy from Neutral at SunTrust
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| May 22, 2013 |
| 09:09 EDT |  | WLL | House Natural Resources Committee to hold a legislative hearing
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| May 20, 2013 |
| 14:21 EDT |  | MDU | MDU Resources files prospectus for continuous 7.5M share offering
MDU Resources announced that in connection with the commencement of a continuous equity offering program under which MDU Resources Group may sell up to 7.5M shares of common stock from time to time in "at the market" offerings, the company filed today with the SEC a prospectus supplement dated May 20. The offering will occur pursuant to an equity distribution agreement entered into by the MDU Resources and Wells Fargo Securities. The company may offer and sell up to 7.5M shares through Wells Fargo from time to time pursuant to the agreement. |
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