Black Hills (BKH)
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Black Hills Corp. Announces Leadership Change
Newsfilter· 2024-06-18 21:41
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. Strong organizational leadership wi ...
Black Hills Corp. Announces Leadership Change
GlobeNewswire News Room· 2024-06-18 21:41
"Todd is a valued leader who has made a lasting impact on our organization," said Linn Evans, Black Hills Corp. president and chief executive officer. "I wish him the very best and thank him for his ten years of service to our company and our customers." Black Hills Corp. 24-Hour Media Relations Line 888-242-3969 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 co ...
Black Hills Corp. Colorado Electric Utility Proposes First Electric Rate Review in 8 Years
Newsfilter· 2024-06-14 22:52
"We are very mindful of the impacts of inflation and rising supply chain costs on our customers and our business, and we have worked diligently to manage cost increases," said Campbell Hawkins, Black Hills Energy's vice president of Colorado Utilities. "That's why the company has avoided seeking a rate update for eight years. We are taking action to minimize the customer impact and have redoubled our efforts to provide support for customers who need it, including launching a new Energy Assistance Team with ...
3 High-Yield Stocks to Buy in This Boring Sector
fool.com· 2024-05-26 19:27
Utilities can generate lots of dividend income. That said, Black Hills' customer growth has increased at nearly three times the rate of U.S. population growth. It operates in very attractive markets in Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota, and Wyoming. And that suggests that regulators will, in time, adjust the company's rate structure to account for the change in interest rates. If you have the patience to wait for that to happen, you can collect a historically high dividend yi ...
Black Hills Corp. Announces Pricing of $450 Million Debt Offering
Newsfilter· 2024-05-13 20:20
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. The company plans to use the net proceeds from the offering, together with available cash or short-term borrowings under its existing facilities, to repay its $600 million p ...
Black Hills (BKH) - 2024 Q1 - Earnings Call Transcript
2024-05-09 19:00
Company Participants Conference Call Participants Operator I would now like to hand the conference over to your Dave Soderquist, Investor Relations Manager. Please go ahead. Thank you, Liz. Good morning everyone. Welcome to Black Hills Corporation's first quarter 2024 earnings conference call. You can find our earnings release and materials for our call this morning at our website at www.blackhillscorp.com under the Investor Relations heading. Before we begin today, we would like to note that Black Hills wi ...
Black Hills (BKH) - 2024 Q1 - Quarterly Report
2024-05-09 15:35
We conduct our business operations through two operating segments: Electric Utilities and Gas Utilities. Certain unallocated corporate expenses that support our operating segments are presented as Corporate and Other. We conduct our utility operations under the name Black Hills Energy predominantly in rural areas of the Rocky Mountains and Midwestern states. We consider ourself a domestic electric and natural gas utility company. We have provided energy and served customers for 140 years, since the 1883 gol ...
Black Hills (BKH) - 2024 Q1 - Quarterly Results
2024-05-08 20:19
Black Hills Corp. Reports 2024 First-Quarter Results and Reaffirms 2024 Earnings Guidance | --- | --- | --- | --- | --- | |-------------------------------------------------|-------|-----------------------------------|------------------------|-------| | | | 2024 \n(in millions, except | per share amounts) | 2023 | | Net income available for common stock | $ | 127.9 | $ | 114.1 | | Earnings per share, Diluted | $ | 1.87 | $ | 1.73 | "We continue to see progress in our accelerated regulatory schedule, which is ...
Black Hills Corp. Reports 2024 First-Quarter Results and Reaffirms 2024 Earnings Guidance
Newsfilter· 2024-05-08 20:15
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: Three Months Ended March 31, 2024 2023 (in millions, except per share amounts)Net income available for common stock$127.9 $114.1Earnings per share, Diluted$1.87 $1.73 First quarter earnings were $1.8 ...
Black Hills Corp. Natural Gas Utility Requests Rate Review in Iowa
Newsfilter· 2024-05-01 20:15
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 Energy has invested approximately $100 million in safety, system integrity and reliability for its natural gas pipeline infrastructure in Iowa since its last general rate filing in 2 ...