Knife River Ord Shs When Issued Stock Price, News & Analysis

Knife River (NYSE: KNF) was awarded a $112 million materials and paving subcontract for the State Highway 6 “Big 6” improvement in the Bryan/College Station area of Texas. Work began this month and the project is expected to complete in 2030. Knife River will supply about 928,000 tons of hot-mix asphalt for a 12-mile widening from four to six lanes and related interchange, auxiliary lane and shared-path work. Knife River is an asphalt and paving subcontractor to Fluor on the larger $671 million Texas Department of Transportation program. The contract is publicly funded by TxDOT and IIJA and may include additional materials (sand, MSE backfill, base course) on an as-needed basis.

Knife River (NYSE: KNF) will host its Q3 2025 earnings conference call at 11:00 a.m. EST on Tuesday, Nov. 4, 2025. Financial results for the quarter will be released that morning before the NYSE opens.

A live webcast and presentation slides will be available in the Investors section at investors.kniferiver.com or https://events.q4inc.com/attendee/596649687. To join the live call dial Domestic: 1-800-549-8228 or International: 1-289-819-1520 and use Conference ID 73233. An on-demand replay of the webcast will be available after the call.

Knife River Corporation (NYSE: KNF), a construction materials and contracting services company, reported mixed Q2 2025 results with revenue increasing 3% to $833.8 million but net income declining 35% to $50.6 million. The company achieved a record backlog of $1.3 billion, up 30% year-over-year.

Weather challenges significantly impacted operations, with rain affecting nearly 40% of workdays in key markets. The company completed two strategic acquisitions: Kraemer Trucking and Excavating in Minnesota and High Desert Aggregate and Paving in Oregon. Due to weather impacts and decreased work availability in Oregon, Knife River revised its full-year 2025 adjusted EBITDA guidance to $475-525 million.

Pricing showed strength with double-digit increases in aggregates, high-single-digit increases in ready-mix, and low-single-digit increases in asphalt. The company's net leverage ratio stood at 3.1x with expectations to reach 2.5x by year-end.

Knife River Corporation (NYSE: KNF), a construction materials and contracting services company specializing in aggregates, has scheduled its second quarter 2025 earnings conference call for Tuesday, August 5, 2025, at 11 a.m. EDT.

The company will release its financial results before the NYSE market opens on the same day. Investors can access the live webcast and presentation slides through the company's investor relations website. The conference call will be available via both domestic (1-800-549-8228) and international (1-289-819-1520) dial-in numbers using conference ID 17599.

Knife River Corporation (NYSE: KNF) reported its Q1 2025 financial results, showing a 7% revenue increase to $353.5 million, despite wider losses. The company's net loss deepened to $68.7 million ($1.21 per share) compared to $47.6 million loss in Q1 2024. Adjusted EBITDA was negative $38 million, down from negative $17.7 million year-over-year. The company completed the acquisition of Strata Corporation and expects it to contribute $45 million in EBITDA for the full year. Management remains optimistic, maintaining its 2025 guidance of $3.25-3.45 billion in revenue and $530-580 million in adjusted EBITDA. The company's backlog stands at $938.7 million, with strong infrastructure funding support. Knife River increased its debt facilities, with net leverage at 2.5x, and plans capital expenditures of 5-7% of revenue guidance for maintenance and improvements.

Knife River (NYSE: KNF) has announced the promotion of Sarah L. Stevens to Vice President and Chief People Officer, succeeding Nancy K. Christenson who retired after a 47-year tenure with the company. Stevens, previously Vice President of Human Resources, brings 19 years of experience at Knife River to her new role.

In her position as Chief People Officer, Stevens will oversee Human Resources, compensation and benefits, HR compliance, team member relations, recruitment and retention, training and career development. She holds an MBA from George Fox University, an undergraduate degree from the University of Puget Sound, and maintains SPHR and SHRM-SCP certifications.

Knife River (NYSE: KNF), a vertically integrated construction materials and contracting services company with a focus on aggregates, has scheduled its first quarter 2025 earnings conference call for May 6, 2025, at 11 a.m. EDT. The company will release its Q1 2025 financial results before the NYSE market opens on the same day.

The earnings call will be accessible via a live webcast on the company's investor relations website, with presentation slides available. Participants can join through domestic (1-800-549-8228) or international (1-289-819-1520) phone lines using conference ID 83668. An on-demand replay will be available after the call.

Knife River (NYSE: KNF) has completed its acquisition of Strata for $454 million, representing approximately 9x Strata's projected 2025 EBITDA. The acquisition strengthens Knife River's Central Region operations and includes significant assets:

• Extensive aggregate reserves with 3 million tons sold in 2024
• Transportation fleet including 7 locomotives and 400+ railcars
• 28 ready-mix plants with ~120 trucks
• 3 asphalt plants for public works
• Contracting services division for asphalt paving and concrete construction

The deal brings aboard 900+ seasonal team members, including Strata President Paddy Murphy, who will lead Knife River's North Dakota operations. The acquisition was financed through cash and a $500 million Term Loan B. Knife River expects the acquisition to be accretive to Adjusted EBITDA margin within the first year and will update its 2025 financial guidance in Q1 earnings.