Making strides in sustainability Black Hills Corp. reported a 27% reduction in greenhouse gas emissions from its natural gas distribution system since 2022. This marks meaningful progress towards its goal to achieve net zero emissions by 2035. Additionally, the company has reduced its electric utility greenhouse gas emissions by nearly one third since 2005 and is on track to achieve its goal to reduce electric emissions intensity 40% by 2030 and 70% by 2040 compared to 2005. "We're committed to creating a c ...

NextEra Energy is a well-run utility, but those interested in maximizing their passive income will probably prefer this utility Dividend King. NextEra Energy: Credit where credit is due In no way should investors think that NextEra Energy is a bad company. Quite the contrary, it is probably one of the best-run utilities you can buy. The problem is that this fact is fairly well known. For years, NextEra Energy has grown its business rapidly using a two-pronged approach, mixing a regulated utility (Florida Po ...

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 ...

"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 ...

"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 ...

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 ...

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 Corporation (NYSE:BKH) Q1 2024 Results Conference Call May 9, 2024 11:00 AM ET Company Participants Dave Soderquist - Investor Relations Manager Linden Evans - President and CEO Kimberly Nooney - SVP and CFO Marne Jones - SVP, Utilities Todd Jacobs - SVP, Growth and Strategy Conference Call Participants Andrew Weisel - Scotiabank Brandon Lee - Mizuho Operator Good day, and thank you for standing by. Welcome to the Black Hills Corporation's First Quarter 2024 Earnings Conference Call. At this tim ...

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 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 ...