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., May 08, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the first quarter of 2024. Net income available for common stock and earnings per share for the three months ended March 31, 2024, compared to the three months ended March 31, 2023, were:

Black Hills Corp. Reports 2024 First-Quarter Results and Reaffirms 2024 Earnings Guidance

GRIMES, Iowa, May 01, 2024 (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, filed a rate review application with the Iowa Utilities Board requesting $20.7 million in new annual revenue.

Black Hills Corp. Natural Gas Utility Requests Rate Review in Iowa

American Electric Power Company

Dominion Energy

Duke Energy

Entergy

Exelon

Want retirement to come a few years earlier than you'd planned? Orare you ready to retire now, but want an extra set of eyes on your finances?

6 Highest-Yielding Blue Chip Utility Stocks You Can Hold Forever

American States Water

Enbridge

Black Hills is small but mighty in the boring utility sector, and you can get it with a historically high 4.8% yield today. Enbridge continues to be a model of consistency.

These 3 Dividend Payers Are Forever Stocks, Even if the Market Crumbles

NextEra Energy has increased its dividend at a rapid clip for years. Black Hills has a higher dividend yield and a longer string of annual dividend increases.

Forget NextEra Energy, Buy This Magnificent Dividend King Instead

RAPID CITY, S.D., April 18, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its subsidiary Black Hills Colorado Electric, LLC, doing business as Black Hills Energy, is recommending 400 megawatts (MW) of new renewable energy resources to advance its 2030 Ready Clean Energy Plan.

Black Hills Corp. Recommends 400 MW of New Renewable Resources in Colorado

Stanley Black & Decker

To become a Dividend King, a company has to increase its dividend annually for at least 50 consecutive years. Five decades is a long time, and even the strongest businesses are likely to face hardships over a span like that.

2 Incredibly Cheap Dividend King Stocks to Buy Now

RAPID CITY, S.D., April 16, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will hold its Annual Meeting of Shareholders on Tuesday, April 23, 2024, 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 they can listen to the meeting by dialing in via telephone.

Black Hills Corp. Confirms Details for its Annual Meeting of Shareholders

Black Hills Corporation (BKH) is a reliable dividend stock with a current yield of nearly 5% and over 54 consecutive years of dividend increases. BKH operates in the utility sector, providing electric and gas utilities in 8 states in the middle region of the US.

Black Hills Corporation: Dividend King To Benefit From Population Growth

Archer-Daniels-Midland Company

California Water Service Group

Federal Realty Investment Trust

Fortis

Hormel Foods

Johnson & Johnson

Coca-Cola

Kenvue

Leggett & Platt

Altria

Middlesex Water

National Fuel Gas

Northwest Natural Gas

SJW Group

United Bankshares

Universal Corp

"What is a Dividend King? A stock with 50 or more consecutive years of dividend increases."—suredividend.com. The 55 Dividend Kings screened as of April 10 represented 9 of 11 Morningstar Sectors. Broker targeted-top-ten net-gains ranged 15.19%-33.38% topped-by Middlesex Water, and SJW Group. By yield, Leggett tops-all. Top-ten April Kings: FRT, UBSI, FTS, BKH, NWN, CDUAF, MMM, UVV, MO, & LEG averaged 6.24% in yield.

55 April Dividend Kings: Buy 8, Watch 8

RAPID CITY, S.D., April 10, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2024 first quarter earnings after the market closes Wednesday, May 8, 2024, and will host a live conference call and webcast at 11 a.m. EDT on Thursday, May 9, 2024, to discuss the company's financial results.

Black Hills Corp. Schedules 2024 First Quarter Earnings Release and Conference Call

NextEra Energy

NextEra Energy is a great opportunity for dividend growth investors to add some utility exposure to their portfolios. Black Hills is a small but reliable Dividend King with a historically high yield.

3 Utility Stocks to Buy Hand Over Fist in April

NextEra Energy is a dividend growth machine in the typically slow-growth utility sector. Tortoise-like Duke Energy's yield is up near decade highs.

3 Dividend-Paying Energy Stocks to Buy at a Discount

Brookfield Renewable Partners

Brookfield Infrastructure Partners L.P.

Black Hills is a relatively small utility with a historically high yield and an industry-leading dividend history. Brookfield Renewable offers a 6%-yielding payout that should grow by at least 5% per year.

Are Dividends Your Thing? Then You'll Love These 3 High-Yield Stocks.

Dividends are only as strong as the companies that back them, which is why a high yield alone isn't enough to make a stock a buy. Enbridge has an ultrahigh yield, a strong business, and a 29-year history of annual dividend increases.

Looking for Decades of Passive Income? 2 High-Yield Stocks to Buy Now

PepsiCo

A Dividend King is a stock with 50 or more consecutive years of dividend increases. The 55 Dividend Kings screened as of March 13 represented 9 of 11 Morningstar Sectors. Broker targeted-top-ten net gains ranged 14.63%-22.93% topped by Middlesex Water, and SJW Group. By yield, Leggett tops-all. Top-ten March Kings; UBSI, FRT, FTS, BKH, NWN, MMM, CDUAF, UVV, MO, & LEG averaged 5.97% yield.

55 March Dividend Kings: Buy 8; Watch 4

Utilities are facing a more difficult environment because of higher interest rates. Many desirable utility stocks have fallen from peak levels, leaving them with historically attractive dividend yields.

3 Utility Stocks to Buy Hand Over Fist in March

AbbVie

Kimberly-Clark

ALERT: Today Could Be Your Best Shot At Early Retirement (Sponsored) If you want to retire before 65, pay attention.

These 6 Dividend Kings Could Be The Best Stocks The Rest Of 2024

RAPID CITY, S.D., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that members of its senior leadership team are scheduled to meet with investors in March, including participation in the Siebert Williams Shank West Coast Utilities Conference on March 20-21, 2024.

Black Hills Corp. Announces Investor Meetings and Reaffirms Guidance

Chevron

Black Hills is a Dividend King utility. Chevron is a diversified energy giant with 36 years of annual dividend increases behind it.

Want Decades of Passive Income? 3 Stocks to Buy Now

NorthWestern

Spire

The utilities sector performed poorly in 2023 because of rising share prices. The negative sentiment has continued in 2024. Don't overlook these utilities stocks

3 Utilities Stocks Yielding 5% for Income Investors

Utility stocks make heavy use of leverage, which has investors worried about the rise in interest rates. NextEra Energy is an industry giant with an incredible record of rapid dividend growth.

2 No-Brainer Utility Stocks to Buy With $500 Right Now

.     Sponsored: Find a Qualified Financial Advisor Finding a qualified financial advisor doesn't have to be hard.

5 Very Safe High-Yield Utility Dividend Stocks To Buy Now

"What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.”—suredividend.com. The 55 Dividend Kings screened as of February 12 represented 9 of 11 Morningstar Sectors. Broker targeted-top-ten net-gains ranged 14.3%-28.7% topped-by Northwest Natural, and Archer-Daniels Midland. By yield, Altria tops-all. Top-ten February King yields reported for UBSI, FRT, FTS, BKH, NWN, CDUAF, UVV, MMM, LEG, & MO averaged 6.00%.

February's 55 Dividend Kings: Buy 9, Watch 3

Applied Industrial Technologies

ALLETE

Amgen

Church & Dwight

CNA Financial

Con Ed

FB Financial

International Bancshares Corp.

Eli Lilly

MarketAxess Holdings

MSCI

Oshkosh

Park National

Schwab US Dividend Equity ETF

Unitil

WEC Energy Group

Nineteen new dividend increases reported, including two dividend kings: Consolidated Edison and Black Hills Corporation. Companies that regularly raise their dividends perform better than those that do not.

19 Upcoming Dividend Increases Including 2 Kings

News for Black Hills Stock (BKH)