Keeley Funds Comment on MDU Resources Group

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Aug 03, 2016

The second, MDU Resources Group, Inc. (NYSE:MDU) gained over 23% and contributed 71 basis points in performance. MDU Resources reported strong first quarter earnings with superior aggregate business results. In addition, management announced in June the sale of a struggling refinery which had been losing money, in a move that will also help reduce the firm’s risk exposure to commodity prices.

From Keeley Funds' All Cap Value Fund second quarter commentary.

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