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 09, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that Salvador (Sal) Diaz has been named the new director of investor relations reporting to Kimberly Nooney, senior vice president and chief financial officer, effective immediately. Diaz will replace Jerome Nichols who is retiring on Aug. 5, 2024, after 20 years of service with the company and the last 13 years in the investor relations role.

Black Hills Corp. Announces Investor Relations Transition

Federal Realty Investment Trust

Altria

Northwest Natural Gas

Universal Corp

24/7 Insights Dependable passive income supplements Social Security and pension income.

6 Dividend Kings That Offer Investors a Passive Income Home Run

Dominion Energy

Utilities are generally viewed as income investments, but some yield considerably more than others. Dominion Energy is working on a turnaround, and at its current share price offers a 5.4% dividend yield.

2 Incredibly Cheap High-Yield Utility Stocks to Buy Now

RAPID CITY, S.D., June 26, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced the release of its 2023 Corporate Sustainability Report, highlighting the company's environmental, social and governance impacts and its progress on major projects and climate goals.

Black Hills Corp. Highlights Advancements Toward a Cleaner Energy Future in Newly Released 2023 Sustainability Report

NextEra Energy has a great business that spans the regulated-utility and renewable-power segments of the energy sector. NextEra Energy's dividend yield is below average for a utility.

Forget NextEra Energy. Buy This Magnificent Dividend King Instead

RAPID CITY, S.D., June 18, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that Todd Jacobs, senior vice president of growth and strategy, has accepted a role with another company. July 8 is planned as his last day with Black Hills Corp. Since joining the company in 2014, Mr. Jacobs has held a variety of roles, including state leader of Kansas and Arkansas operations, vice president of natural gas utilities and vice president of growth and strategy.

Black Hills Corp. Announces Leadership Change

Black Hills Corporation has 1.34 million natural gas and electricity customers, with growth in its electric generation and utilities. The company's stock price is up 6% and its 4.8% dividend is attractive compared to the 10-year US Treasury rate. Black Hills is well-positioned to meet the growing demand for data centers with investments in transmission and a range of generation sources.

Black Hills Corporation Continues As Solid Investment

Duke Energy

Entergy

Exelon

If you want your portfolio to pay you cash like clockwork, it's time to stop blindly following conventional wisdom like relying on Dividend Aristocrats.

Data Centers Electricity Appetite Is Endless: Grab These High-Yield Dividend Utility Stocks Now

Anheuser-Busch InBev

Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contributed 68%. Therefore, sustainable dividend income and capital appreciation potential are essential for total return expectations.

6 Dividend Kings That Offer the Best Passive Income Streams Now

Con Ed

Black Hills is a small utility, but its dividend record is mighty. Consolidated Edison's dividend should grow even more sustainable in the future.

3 High-Yield Stocks to Buy in This Boring Sector

RAPID CITY, S.D., May 13, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced the pricing of a registered public debt offering of $450 million aggregate principal amount of 6.00% senior unsecured notes due Jan. 15, 2035. The company expects the offering to close on May 16, 2024, subject to customary closing conditions.

Black Hills Corp. Announces Pricing of $450 Million Debt Offering

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

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

Fortis

Hormel Foods

Johnson & Johnson

Coca-Cola

Kenvue

Leggett & Platt

Middlesex Water

National Fuel Gas

SJW Group

United Bankshares

"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.

News for Black Hills Stock (BKH)