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.

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Earnings data Q1 2024

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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.

The stock market is trading near all-time highs, which might have some investors thinking about safer assets. Black Hills is an electric and natural gas utility with a generous 4.5% yield.

Is the Stock Market Going to Crash? I Don't Know.

RAPID CITY, S.D., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) announced that it executed a block equity trade through its at-the-market (“ATM”) equity offering program to satisfy its equity needs for 2024.

Black Hills Corp. Completes 2024 Equity Issuances

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Black Hills Corporation (NYSE:BKH ) Q2 2024 Earnings Conference Call August 1, 2024 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 Conference Call Participants Julien Dumoulin-Smith – Jefferies Operator Good day, and thank you for standing by. Welcome to the Q2 2024 Black Hills Corporation Earnings Conference Call.

Black Hills Corporation (BKH) Q2 2024 Earnings Call Transcript

RAPID CITY, S.D., July 31, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the second quarter of 2024. Net income available for common stock and earnings per share for the three and six months ended June 30, 2024, compared to the three and six months ended June 30, 2023, were:

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

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Black Hills Corporation is a driving force behind Meta's data center in Wyoming, benefiting from increased demand for customized energy solutions. Black Hills offers an attractive dividend yield of 4.39% and a reasonable P/E ratio of 14.3, making it an appealing income-driven investment. Data center growth presents opportunities for utilities like Black Hills, including increased electricity sales growth, consistent revenue streams, and an enhanced customer base.

Black Hills: An Attractive Dividend Play Dabbling In Data Centers

Passive income can help you pay for retirement and every penny you invest, even just $500, can make a big difference. Enterprise Products Partners has increased its distribution annually for 25 years and yields a huge 7%.

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RAPID CITY, S.D., July 11, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced it will partner with Meta to provide power for its newest data center in Cheyenne, Wyoming, an area served by the company's electric utility, Cheyenne Light, Fuel & Power Company, doing business as Black Hills Energy.

Black Hills Corp. to Power Meta's New Data Center in Wyoming with Innovative Energy Solutions and Mission-Critical Reliability

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Black Hills Corporation's 54-year dividend growth streak is a testament to the quality of its business. The electric and natural gas utility is targeting 4% to 6% annual EPS growth, which looks to be within reason. BKH's interest coverage ratio is very strong for a regulated utility.

Black Hills Corporation: The Time To Buy This Dividend King Is Now

"What is a Dividend King? A stock with 50 or more consecutive years of dividend increases."—suredividend.com. The 53 Dividend Kings, screened as of July 8, represented 8 of 11 Morningstar Sectors. Broker-targeted top-ten net-gains ranged 18.24%-30.31% topped-by Kenvue, and Genuine Parts. By yield, Altria tops-all. Top-ten July listings: SWK, FRT, KVUE, FTS, UBSI, BKH, NWN, CDUAF, UVV, MMM, & MO averaged 5.37% in yield.

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RAPID CITY, S.D., July 10, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2024 second quarter earnings after the market closes Wednesday, July 31, 2024, and will host a live conference call and webcast at 11 a.m. EDT on Thursday, Aug. 1, 2024, to discuss the company's financial results.

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

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

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

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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

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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

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

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