The utility sector is generally one of the more boring segments of the broader energy industry, but that doesn't mean it is always uneventful. In fact, rising interest rates have resulted in Wall Street shunning utility stocks. While there are some good reasons for that, it has opened up an opportunity for long-term income investors to buy reliable dividend stocks like NextEra Energy (NEE 0.19%), Duke Energy (DUK 0.65%), and Black Hills Corporation (BKH 1.04%). Here's a look at each of these energy speciali ...

When interest rates rise, dividend stocks can sometimes fall because investors switch to lower-risk income options, like CDs. But there's another issue facing utilities, given that these capital-intensive businesses make heavy use of debt financing. Thus, rising costs are a second headwind for the sector.Over the long term, however, regulated utilities should adjust and continue to provide reliable income streams to shareholders. If you think in decades, you'll want to consider adding NextEra Energy (NEE 1. ...

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 reaffirms its 2024 earnings guidance range of $3.80 to $4.00 per share as most recently issued on Feb. 8, along with updated assumptions on that date, and notes that leadership will be available during the ...

The utilities sector performed poorly in 2023 because of rising share prices. The negative sentiment has continued in 2024. As a result, many utilities share prices have fallen, but the yields have reached decade highs. Also, valuations are depressed compared to their historical averages and the S&P 500.This combination means investors can purchase shares of income stocks trading at reduced valuations. The sector is sensitive to interest rates, so when they decline, valuations should rise and yields come do ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Emerging growth company ☐ If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over f ...

Black Hills Corporation (NYSE:BKH) Q4 2023 Earnings Conference Call February 8, 2024 11:00 AM ET Company Participants Jerome Nichols - Director, IR Linden Evans - President and CEO Kimberly Nooney - SVP and CFO Marne Jones - SVP, Utilities Todd Jacobs - SVP, Growth and Strategy Conference Call Participants Anthony Crowdell - Mizuho Julien Dumoulin-Smith - Bank of America Andrew Weisel - Scotiabank Operator Good day, and thank you for standing by. Welcome to the Q4 and Full Year 2023 Black Hills Corporation ...

Delivered EPS of $3.91, above earnings guidance range of $3.65 to $3.85Improved year-over-year total net debt to capitalization ratio to 57.3% from 60.8%Increased quarterly dividend, extending annual dividend increase track record to 54 consecutive yearsInitiating 2024 EPS guidance range at $3.80 to $4.00Increasing five-year capital forecast by $800 million to $4.3 billion for 2024 through 2028 RAPID CITY, S.D., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE:BKH) today announced financial results ...

DUBUQUE, Iowa, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE:BKH) today announced that its nonregulated subsidiary, Black Hills Energy Renewable Resources, completed the purchase of a renewable natural gas production facility in Dubuque, Iowa. The acquisition of the production facility at the Dubuque Metropolitan Area Solid Waste Agency site includes onsite infrastructure and the rights to RNG production at the landfill under a long-term contract. The facility currently injects RNG into the natu ...

Adventure_Photo A Dividend King Trading at a discount to its per share dividend growth rate Seeking high-yield alternatives before the Fed moves to lower interest rates, many investors are looking to the beaten-down Utilities sector. While this is a sector that operates heavily on debt and share dilution, their cash flow streams are maybe second only to taxes as far as the reliability of income is concerned. There are only a handful of Utility companies that are in the Dividend King category, with dividend ...

Moussa81Utility stocks haven't been crowd favorites over the past 12+ months, as higher interest rates and the tech rally have turned sentiment against this perceived slower-growth sector along with REITs and consumer staples. This is not bad news for dividend investors, however, as it gives them the opportunity to layer into quality names at below average valuations. Such I find the case to be with Black Hills Corp. (NYSE:BKH), which as shown below is down by 27% over the past 12 months and is trading ...