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

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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.

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RAPID CITY, S.D., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Safety is a fundamental component of Black Hills Energy's mission of improving life with energy. In recognition of “Fire Prevention Month” this October, the company is building awareness of its wildfire mitigation initiatives, which are designed to support the safe and reliable delivery of energy to customers and communities across its service areas.

October is Fire Prevention Month - Black Hills Energy Highlights Wildfire Mitigation Programs

CHEYENNE, Wyo., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming natural gas utility, Black Hills Wyoming Gas, LLC, doing business as Black Hills Energy, filed a settlement agreement for approval by the Wyoming Public Service Commission for its application for new rates to recover over $140 million of investments since 2019 in its more than 6,400-mile natural gas system.

Black Hills Corp. Natural Gas Utility Requests Approval of Settlement Agreement for Rate Review in Wyoming

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Prior to September 30, 2023, my Readers mentioned 35 equities in their comments on my articles. Some bad news investments (Rogues) mixed with (mostly) Favorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: C, ABR, BKH, FRT, MMM, O, T, PFE, PBR.A, and BRSP, averaged 36.1% net gains from reader data collected 10/13/23.

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RAPID CITY, S.D., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2023 third quarter earnings after the market closes Wednesday, Nov. 1, 2023, and will host a live conference call and webcast at 11 a.m. EDT on Thursday, Nov. 2, 2023, to discuss the company's financial results.

Black Hills Corp. Schedules 2023 Third Quarter Earnings Release and Conference Call

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Black Hills Corp. is currently trading at its 52-week low, making it an attractive option for value investors. It has a strong dividend track record, with 80 consecutive years of dividends paid and 52 consecutive years of dividend increases. The company is undergoing a transition to cleaner energy, has a strong balance sheet, and is guiding for steady EPS growth.

Black Hills: Dividend King At 52-Week Low, A Gift For Income Investors

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Bankruptcy is a normal part of capitalism and can lead to the cleansing of inefficient companies. Utilities are the lowest risk sector, with a 66% smaller risk of a permanent 70+% loss in stock price than U.S. stocks in general. Right now, the market is fixated on higher interest costs hurting utilities. The market is missing something big, creating a coiled spring opportunity.

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"There is only one-criterion to be included among the Dividend Kings: a publicly-traded company must increase its total fiscal-year dividend-payout for a minimum of 50 consecutive-years."--Dogs of the Dow. The 50 Dividend Kings screened as of August 28, 2023, represented seven of eleven Morningstar Sectors. Broker targeted-top-ten net-gainers ranged 19.16%-33.65%, topped by Northwest Natural and Gorman-Rupp. By yield, Altria tops all. Top-ten Kingly September yields from NFG, ABBV, FRT, BKH, NWN, CDUAF, MMM, LEG, UVV, & MO averaged 5.51%.

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Utilities sector has negative return and is worst-performing in 2023 due to rising interest rates. Steep share price declines have led to utilities trading at lowest valuation with highest dividend yields in years. Three undervalued utility stocks with dividend growth potential: Black Hills Corporation, Eversource Energy, UGI Corporation.

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NextEra is a large U.S. utility that combines regulated assets with a large renewable power operation. Black Hills is a small traditional regulated utility with electricity and natural gas businesses.

Better Stock Buy: NextEra Energy vs. Black Hills

Black Hills is an electric and natural gas utility that's a Dividend King. With a $3.9 billion market cap, it's a fairly small utility that often flies under the radar.

Black Hills: Buy, Sell, or Hold?

Black Hills Corporation (NYSE:BKH ) Q2 2023 Earnings Conference Call August 3, 2023 11:00 AM ET Company Participants Jerome Nichols - Director, Investor Relations Linn Evans - President and Chief Executive Officer Kimberly Nooney - Senior Vice President and Chief Financial Officer Marne Jones - Senior Vice President, Utilities Todd Jacobs - Senior Vice President, Growth and Strategy Conference Call Participants Julien Dumoulin - Bank of America Andrew Weisel - Scotiabank Christopher Ellinghaus - Siebert Williams Operator Good day and thank you for standing by. Welcome to the Second Quarter 2023 Black Hills Corporation Earnings Conference Call.

Black Hills Corporation (BKH) Q2 2023 Earnings Call Transcript

RAPID CITY, S.D., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the second quarter of 2023. Net income available for common stock and earnings per share for the three and six months ended June 30, 2023, compared to the three and six months ended June 30, 2022, were:

Black Hills Corp. Reports 2023 Second-Quarter Results and Reaffirms 2023 Earnings Guidance

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"There is only one-criterion to be included among the Dividend Kings: a publicly-traded company must increase its total fiscal-year dividend-payout for a minimum of 50 consecutive-years."--Dogs of the Dow. The 50 Dividend Kings screened as of July 28, 2023, represented nine of eleven Morningstar Sectors. Broker targeted-top-ten net-gainers ranged 13.68%-34.52% topped-by Target, and Gorman-Rupp. By yield, Altria tops-all. Top-ten Kingly August yields from NFG, ABBV, BKH, FRT, NWN, MMM, CDUAF, LEG, UVV, & MO averaged 5.24%.

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