Black Hills

Black Hills Corp. is a diversified energy company. It operates through the following segments: Electric, Gas Utilities, Power Generation, Mining, and Corporate and Other. The Electric Utilities segment generates, transmits, and distributes electricity in South Dakota, Wyoming, Colorado, and Montana. The Gas segment conducts natural utility operations through its Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming subsidiaries. The Power Generation segment produces electric from its plants and sells the capacity and energy. The Mining segment consists of the production and sale of coal to site, mine-mouth power generation facilities. The Corporate and Other segment covers unallocated expenses that support its operating segments. The company was founded in 1883 and is headquartered in Rapid City, SD.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Black Hills (BKH) reports strong Q4 earnings and growth outlook

Black Hills Corporation demonstrated solid financial performance, operational excellence, and strategic focus on growth and sustainability.
While facing challenges such as anticipated headwinds and rate adjustments, the company is optimistic about overcoming obstacles and achieving long-term success.
By leveraging growth opportunities in renewables, transmission projects, and datacenters, Black Hills aims to maintain consistent growth and deliver value to shareholders.

Black Hills Corporation reaffirms guidance and invests in renewable growth

Black Hills Corporation's Q1 2023 earnings call highlighted a strong financial performance, reaffirmed guidance, and strategic initiatives to drive growth. Despite facing regulatory challenges and mark-to-market losses, the company remains focused on advancing its growth initiatives and strengthening its position in the market.

Black Hills (BKH) reports Q2 earnings, focuses on renewables

Black Hills Corporation (BKH) is focused on executing its capital plan and achieving long-term growth targets.
The company is committed to renewable energy projects and aims to achieve net zero emissions by 2035.
Despite challenges in earnings and expenses, BKH sees opportunities in customer growth and strategic initiatives.
Regulatory approvals and equity issuance demonstrate BKH's commitment to financial strength and growth.

Black Hills Corporation reports robust Q3 earnings and growth outlook

Black Hills Corporation's Q3 2023 earnings call highlighted strong financial and operational performance, driven by new rates, expense management, and regulatory advancements. The company's focus on reliability, renewable energy, and growth initiatives positions it well for future opportunities, despite facing challenges in regulatory environments.

Black Hills (BKH) surpasses earnings expectations and targets industry-leading FFO to debt ratio

Black Hills (BKH) delivered strong financial performance, exceeding guidance and showcasing operational resilience. The company's focus on strengthening the balance sheet, advancing growth plans, and meeting emission reduction goals positions it well for future growth. Analyst inquiries highlighted a focus on financial metrics and targets, indicating investor interest in the company's financial health and growth prospects.

Black Hills Corp reports robust Q1 earnings and eyes growth

Black Hills Corporation delivered strong Q1 2024 performance with an 8% increase in earnings per share and reaffirmed guidance, showcasing stability and growth potential.
The company's focus on financial health, operational excellence, and strategic growth initiatives positions it well for long-term success and value creation.
While challenges in regulatory dynamics and financial management persist, Black Hills Corporation's proactive approach and industry engagement offer avenues for sustainable growth.
Opportunities in renewable energy, data centers, and regulatory influence present avenues for Black Hills Corporation to drive innovation and capitalize on emerging trends.

Black Hills (BKH) reports strong Q2 performance and eyes growth with Meta partnership

Black Hills Corporation (BKH) delivered a solid performance in Q2 2024, showcasing operational excellence and strategic progress. With a focus on customer-centric strategies and key projects like the Ready Wyoming transmission project, the company is poised for sustained growth and earnings expansion.

Black Hills Corporation reports solid Q3 performance and strategic growth

Black Hills Corporation's Q3 2024 earnings call highlighted strong operational performance, strategic growth initiatives, and financial stability. The company reaffirmed their earnings guidance range for the year and expressed confidence in their long-term growth targets.

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Black Hills Corp. is a diversified energy company. It operates through the following segments: Electric Utilities, Gas Utilities, and Corporate and Other. The Electric Utilities segment generates, transmits, and distributes electricity in Colorado, Montana, South Dakota, and Wyoming. The Gas Utilities segment provides natural gas in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. The Corporate and Other segment covers certain unallocated corporate expenses. The company was founded in 1883 and is headquartered in Rapid City, SD.

Black Hills is a growth utility. The combined yield and growth typically are at least 10% over time.

Black Hills Corporation: Buy Before Interest Rates Start Declining

Positive external factors are helping BKH to achieve its $3.95 to $4.15 EPS guidance for 2022. Black Hills is yielding at 3.15% and has been increasing its dividend for 51 consecutive years and I expect a 5% dividend increase in the fourth quarter of 2022.

Black Hills Offers Stability In These Turbulent Times

Black Hills Corporation (NYSE:BKH ) Q1 2022 Earnings Conference Call May 5, 2022 11:00 AM ET Company Participants Jerome Nichols - Director of Investor Relations Linn Evans - President & Chief Executive Officer Rich Kinzley - Senior Vice President & Chief Financial Officer Conference Call Participants Julian Smith - Bank of America Brandon Lee - Mizuho Andrew Weisel - Scotiabank Operator Good day, ladies and gentlemen, and welcome to the Black Hills Corporation First Quarter 2022 Earnings Conference Call. My name is Liz, and I will be your coordinator for today.

Black Hills Corporation (BKH) CEO Linn Evans on Q1 2022 Results - Earnings Call Transcript

RAPID CITY, S.D., May 04, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the first quarter of 2022. Net income for the first quarter of 2022 compared to the first quarter of 2021 was:

Black Hills Corp. Reports Strong First Quarter 2022 Results and Reaffirms Earnings Guidance

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RAPID CITY, S.D., April 20, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE:BKH) will hold its Annual Meeting of Shareholders on Tuesday, April 26, 2022, at 9:30 a.m. MDT at 7001 Mount Rushmore Road, Rapid City, South Dakota. Attendees have the option to attend the meeting in person or virtually via webcast or call-in number.

Black Hills Corp. Announces Details of its Annual Meeting of Shareholders and Provides Access to a Live Webcast

RAPID CITY, S.D., April 13, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2022 first quarter earnings after the market closes Wednesday, May 4, 2022, and will host a live conference call and webcast at 11 a.m. EDT on Thursday, May 5, 2022, to discuss the company's financial results.

Black Hills Corp. Schedules 2022 First Quarter Earnings Release and Conference Call

RAPID CITY, S.D., Feb. 15, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming electric utility subsidiary, Cheyenne Light, Fuel and Power Company, doing business as Black Hills Energy, submitted a request to the Wyoming Public Service Commission seeking approval for a certificate of public convenience and necessity to construct an estimated 260-mile transmission expansion project.

Black Hills Corp. Wyoming Electric Utility Requests Approval for Ready Wyoming Transmission Expansion Project

Black Hills Corporation (BKH) CEO Linn Evans on Q4 2021 Results - Earnings Call Transcript

RAPID CITY, S.D., Feb. 09, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the fourth quarter and full year ended Dec. 31, 2021. Net income and net income, as adjusted (non-GAAP) for the fourth quarter and full year 2021 compared to the fourth quarter and full year 2020 were:

Black Hills Corp. Reports 2021 Fourth Quarter and Full Year Results and Reaffirms 2022 Guidance

RAPID CITY, S.D., Jan. 14, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2021 fourth quarter and full year earnings after the market closes Wednesday, Feb. 9, 2022, and will host a live conference call and webcast at 11 a.m. EST on Thursday, Feb. 10, 2022, to discuss the company's financial results.

Black Hills Corp. Schedules 2021 Fourth Quarter and Full Year Earnings Release and Conference Call

RAPID CITY, S.D., Jan. 05, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that in December its natural gas utility subsidiaries in Colorado, Iowa and Kansas, doing business as Black Hills Energy, received final approvals for their separately filed rate reviews to recover investments made in natural gas infrastructure systems in their respective states.

Black Hills Corp. Natural Gas Utilities Receive Approvals for Three 2021 Rate Review Settlements

Black Hills Corp.'s (BKH) unit Black Hills Energy files for a rate review requesting $21.6 million in annual revenues to recoup its investments made in infrastructure.

Black Hills' (BKH) Gas Unit Files for Rate Hike in Arkansas

The stock price of Black Hills Corp (NYSE: BKH) increased by 1.75% in the most recent trading session. This is why it happened.

Black Hills Stock (BKH): Why The Price Increased

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RAPID CITY, S.D., Dec. 06, 2021 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) is providing a regulatory update for its Winter Storm Uri cost recovery applications and the finalization of three rate reviews in preparation for upcoming investor meetings. Leadership from Black Hills will be visiting with investors during the Bank of America Gas Utility Conference and the Wells Fargo 20th Annual Virtual Midstream, Utility & Renewable Symposium on Dec. 7 and Dec. 8, respectively.

Black Hills Corp. Provides Regulatory Update Prior to Investor Meetings

Black Hills Corporation is a moderate-beta (0.45) Northern Plains, Rockies, and Arkansas gas and electric utility holding company with a 3.6% dividend yield. This $4.2 billion market cap company serves dispersed markets. Because much of its revenue comes from gas sales to residential/commercial customers, Black Hills is more weather-dependent than some utilities.

Black Hills' Coal Generation Becomes Welcome Asset

RAPID CITY, S.D., Nov. 18, 2021 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today is announcing it has satisfied its planned equity capital raising under its “at-the-market” equity offering program (the “ATM Program”) for 2021, under which the company planned for the offer and sale, from time to time, of shares of its common stock having an aggregate sales price of up to $120 million in 2021, as most recently identified in its earnings guidance assumptions.

Black Hills Corp. Provides Update for At-the-Market Equity Offering Program

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WICHITA, Kan., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Kansas natural gas utility, Black Hills / Kansas Gas Utility Company, LLC, doing business as Black Hills Energy, reached a settlement agreement for its plan to recover costs incurred to serve 117,000 customers across 66 communities in Kansas during Winter Storm Uri last February.

Black Hills Corp. Kansas Gas Utility Reaches Settlement Agreement for Winter Storm Uri Cost Recovery Plan

GRIMES, Iowa, Nov. 08, 2021 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Iowa natural gas utility, Black Hills / Iowa Gas Utility Company, LLC, doing business as Black Hills Energy, reached an agreement with all intervening parties to its rate review for a general rate increase to support the company's efforts to continue delivering safe and reliable natural gas service to its 161,000 customers in 133 communities throughout the state.

Black Hills Corp. Iowa Gas Utility Reaches Settlement Agreement for Rate Review

Black Hills Corporation (BKH) CEO Linn Evans on Q3 2021 Results - Earnings Call Transcript

RAPID CITY, S.D., Nov. 02, 2021 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the third quarter of 2021. Net income and Net income, as adjusted (non-GAAP) for the third quarter and first nine months of 2021 compared to the third quarter and first nine months of 2020 were:

Black Hills Corp. Reports Third Quarter 2021 Results and Raises Midpoint of 2021 EPS Guidance

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