Southland Shares Rise After $71 Million Water Pipeline Award

02:42 PM EDT, 09/29/2026 (MT Newswires) -- Southland (SLND) shares rose more than 12% in Tuesday trading after the company said its subsidiary Oscar Renda Contracting was awarded a $71 million water pipeline project in the Southwest. The project scope includes installing nearly 14 miles of 42-inch welded steel water pipeline and trenchless crossings. The award will be included in the company's Q3 backlog. Price: 0.68, Change: +0.07, Percent Change: +12.13