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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

RAPID CITY, S.D., July 06, 2021 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2021 second quarter earnings after the market closes Tuesday, Aug. 3, 2021, and will host a live conference call and webcast at 11 a.m. EDT on Wednesday, Aug. 4, 2021, to discuss the company's financial results.

Black Hills Corp. Schedules 2021 Second Quarter Earnings Release and Conference Call

RAPID CITY, S.D., June 30, 2021 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its South Dakota Electric and Wyoming Electric utilities filed a 2021 Integrated Resource Plan for their two electric systems.

Black Hills Corp. Electric Utilities File Long-term Integrated Resource Plan

Black Hills Corporation is relatively unknown, but this utility company is a newly crowned "Dividend King." While the stock took a major hit during COVID, Black Hills has continued to operate at a high level.

Black Hills Corporation: A Dividend King On Sale

Black Hills' (BKH) Colorado and Iowa units appeal for rate review to regain their infrastructural investments. The final rates are likely to come into effect in the first quarter of 2022.

Black Hills (BKH) Arms Request Rate Review to Recoup Investments

RAPID CITY, S.D., June 01, 2021 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its natural gas utility subsidiaries in Colorado and Iowa separately filed rate review applications to recover investments made in natural gas infrastructure systems in their respective states. These critical investments were required to meet system growth, ensure the safe and reliable delivery of natural gas to customers' homes and businesses, and meet compliance requirements of state and federal regulations.

Black Hills Corp. Natural Gas Utilities Request Rate Reviews in Colorado and Iowa

Last year, the Company contributed $5.6 million to non-profit partners Last year, the Company contributed $5.6 million to non-profit partners

Black Hills Corporation's Annual Community Impact Report Highlights Contributions to Local Communities and Overall Economic Impact

WICHITA, Kan., May 07, 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, filed a rate review application with the Kansas Corporation Commission requesting $5.3 million in new annual revenue.

Black Hills Corp. Natural Gas Utility Requests Rate Review and Rider Renewal in Kansas

Black Hills Corporation (BKH) CEO Linn Evans on Q1 2021 Results - Earnings Call Transcript

RAPID CITY, S.D., May 04, 2021 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the first quarter of 2021. Net income and Net income, as adjusted (non-GAAP) for the first quarter of 2021 compared to the first quarter of 2020 were:

Black Hills Corp. Reports First Quarter 2021 Results and Reaffirms Guidance

RAPID CITY, S.D., April 29, 2021 (GLOBE NEWSWIRE) -- Our Nation's Energy Future (ONE Future) today announced that Black Hills Corp. (operating its utilities under Black Hills Energy) has joined the Coalition. Black Hills Energy serves over 1.3 million electric and natural gas utility customers in more than 800 communities in Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota, and Wyoming.

ONE Future Welcomes Black Hills Corporation

IRVINE, Calif.--(BUSINESS WIRE)--174 Power Global, a leading solar energy company, today announced that it has entered into a 15-year Power Purchase Agreement (“PPA”) with Black Hills Energy to develop a 200-megawatt (MW) solar power production facility, Turkey Creek Solar in Pueblo County, Colorado. The new, utility-scale solar facility, is expected to generate enough electricity to power an estimated 46,000 Colorado homes with clean, renewable energy. Once operational, the facility will contr

174 Power Global Signs 15-Year PPA for 200-Megawatt Solar Facility With Black Hills Energy

RAPID CITY, S.D., April 06, 2021 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2021 first quarter earnings after the market closes Tuesday, May 4, 2021, and will host a live conference call and webcast at 11 a.m. EDT on Wednesday, May 5, 2021, to discuss the company's financial results.

Black Hills Corp. Schedules 2021 First Quarter Earnings Release and Conference Call

Southern Company

BKH vs. SO: Which Stock Is the Better Value Option?

RAPID CITY, S.D., March 01, 2021 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today released additional details regarding the impacts from the extreme cold weather during February on its utility businesses and customers. During this extreme weather event, the company's electric and natural gas systems performed remarkably and delivered energy safely and reliably to its customers.

Black Hills Corp. Provides Estimated Impact of Recent Cold Weather on its Utilities by State

Black Hills Corporation (BKH) CEO Linn Evans on Q4 2020 Results - Earnings Call Transcript

Shares of Black Hills (NYSE:BKH) were unchanged after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 8.85% year over year to $1.23, which beat the estimate of $1.15.

Recap: Black Hills Q4 Earnings

RAPID CITY, S.D., Feb. 09, 2021 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the fourth quarter and full year ended Dec. 31, 2020. Net income and net income, as adjusted (non-GAAP) for the fourth quarter and full year 2020 compared to the fourth quarter and full year 2019 were:

Black Hills Corp. Reports Strong 2020 Fourth Quarter and Full Year Results and Provides Five-year Growth Outlook

ABM Industries

Lancaster Colony

These stocks may be under the radar, but they're worth seeking out. The post Don't Overlook These 3 Dividend Kings appeared first on InvestorPlace.

Don't Overlook These 3 Dividend Kings

I think Black Hills Corp. is a compelling investment at the moment for a few reasons. The company remains profitable, and the dividend is very well-covered. At least as importantly, the shares are trading on the low end of their valuation range.

Taking A (Small) Position In Black Hills

Settlement agreement allows statewide customer rates and $11.1 million revenue increase Settlement agreement allows statewide customer rates and $11.1 million revenue increase

Black Hills Corp. Natural Gas Utility Receives Approval for Consolidation and Rate Increase in Nebraska

RAPID CITY, S.D., Jan. 12, 2021 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2020 fourth quarter and full year earnings after the market closes Tuesday, Feb. 9, 2021, and will host a live conference call and webcast at 11 a.m. EST on Wednesday, Feb. 10, 2021, to discuss the company's financial results.

Black Hills Corp. Schedules 2020 Fourth Quarter and Full Year Earnings Release and Conference Call

Federal Realty Investment Trust

Northwest Natural Gas

My goal is to become a recognizable value investor who always selects stocks with a significant margin of safety. In that pursuit, I don't want to be looking at just any ordinary stock either.

The King's Gambit: Bargain Hunting In SWAN-Ville

RAPID CITY, S.D., Dec. 10, 2020 (GLOBE NEWSWIRE) -- Black Hills today announced that it has no intent to participate in the CenterPoint Energy sale process for its gas distribution assets in Arkansas and Oklahoma. Black Hills performed a preliminary review of the assets offered for sale and concluded the assets would not be strategic additions.

Black Hills Corp. Confirms it is Not Participating in CenterPoint Energy Sale Process

In line with Black Hills' (BKH) motive to shift toward cleaner energy sources, its 52.5-MW Corriedale Wind Energy Project begins its operation.

Black Hills' (BKH) 52.5 MW Wind Energy Project Comes Online

Black Hills Corporation is a low-beta (0.25) Northern Plains, Rockies, and Arkansas gas and electric utility holding company with a 3.7% dividend yield. This $3.8 billion market cap company serves widely dispersed markets. Because much of its revenue is from natural gas sales to residential/commercial customers, BKH is more weather-dependent than other utilities.

News for Black Hills Stock (BKH)