2025 Fourth Quarter and Full Year Review Feb. 5, 2026 Forward-looking Statements COMPANY INFORMATION Black Hills Corporation P.O. Box 1400 Rapid City, SD 57709-1400 NYSE Ticker: BKH www.blackhillscorp.com Company Contacts Kimberly Nooney Senior Vice President and CFO 605-721-2370 kim.nooney@blackhillscorp.com Sal Diaz Director of Investor Relations 605-399-5079 sal.diaz@blackhillscorp.com This presentation includes "forward-looking statements" as defined by the Securities and Exchange Commission. We make th ...

EARNINGS REPORT PRESENTATION 2025 YEAR END February 5, 2026 © 2026 Xcel Energy Inc. 1 SAFE HARBOR Except for the historical statements contained in this presentation, the matters discussed herein are forward-looking statements that are subject to certain risks, uncertainties and assumptions. Such forward-looking statements, including those relating to 2026 EPS guidance, long-term EPS and dividend growth rate objectives, future sales, future expenses, future tax rates, future operating performance, estimated ...

U.S. utility CMS Energy on Thursday raised its current-year profit forecast on the back of soaring power demand, led by growing residential, commercial and data center growth. ...

MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy Inc. (NASDAQ: XEL) today reported 2025 GAAP diluted earnings of $2.02 billion, or $3.42 per share, compared with $1.94 billion, or $3.44 per share in the same period in 2024 and ongoing earnings of $2.24 billion, or $3.80 per share, compared with $1.97 billion, or $3.50 per share in the same period in 2024. See Note 6 for reconciliation from GAAP to ongoing earnings. The change in ongoing earnings reflect increased recovery of infrastructure investments. ...

These utilities have high-powered total return potential.The utility sector has been charging higher over the past year. The Vanguard Utilities Index Fund ETF is up more than 11% over the last 12 months, a strong return for this typically sleepy sector. Utility stocks have gotten a boost from power demand to support AI. The AI power surge is in the early stages and should drive strong growth for utilities in the coming years. Two top utility stocks to buy this February to capitalize on this growth trend are ...

Core Viewpoint - PacifiCorp is seeking to reverse court rulings that could lead to $52 billion in potential liabilities related to wildfires, which poses significant financial implications for the Berkshire Hathaway-owned utility [1] Group 1 - PacifiCorp has urged an Oregon appeals court to reconsider previous rulings [1] - The potential liabilities from wildfires amount to $52 billion, indicating a substantial financial risk for the company [1]

行业研究 电力行业 2026 年电力行业展望：延续绿色转型与市场化改革双主 线发展 文/赵茜、吴雅菲、梁欢 摘要 2025 年，电力行业供给结构持续优化，新能源装机及发电量快速增长，煤电加速向调峰支 撑转型，供需总体平衡；上网电价整体承压，政策推动电力市场改革与全国统一市场体系建设 取得关键进展，行业信用状况整体优良，发债主体以高等级央企国企为主，融资优势显著。2026 年，电力行业预计将延续绿色转型与市场化改革双主线发展，供给端新能源装机占比继续提升， 煤电加快向调峰支撑角色转变，系统调节能力成为关键，供需继续维持整体平衡，成本端呈回 升态势，电价在市场化深化背景下继续承压，预计电力企业盈利空间或将收窄，政策将继续推 动全国统一电力市场建设，鼓励绿电、储能等主体参与市场。 1 行业研究 |电力行业 行业研究 |电力行业 一、行业供给能力分析 电力装机延续绿色增长趋势，煤电调峰作用的转变效果凸显，电源结构转型加速，但系统 调节与消纳能力亟待提升；预计 2026 年，电源结构绿色转型将加速，调节能力成为破局关键。 2025 年，电力装机延续增长趋势，截至 2025 年末，全国全口径发电装机容量 38.9 亿千 ...

Proposal strengthens customer protections and makes energy choices easier to understand GREENSBURG, Pa., Feb. 4, 2026 /PRNewswire/ --  FirstEnergy Pennsylvania Electric Company (FE PA), a FirstEnergy Corp. (NYSE: FE) company, has filed a new Default Service Plan (DSP) with the Pennsylvania Public Utility Commission (PaPUC). The plan explains how FE PA will buy electricity beginning June 1, 2027, for customers who don't select an alternate supplier and adds new protections to help ensure customers don't ove ...

Strong Roots in Service Much of the planting was done by FirstEnergy's local Green Teams, groups of employees who volunteer their time together to environmental causes. Since launching the initiative in 2020, the Green Teams have helped put 131,000 trees in the ground, partnering with parks, schools and local organizations to choose safe locations and native species well-suited to local environments. Jessica Shaffer, Advanced Scientist and Lead of FirstEnergy's Green Teams: "Nearly 800 FirstEnergy employees ...

We came across a bullish thesis on Ameren Corporation on MaxDividends’s Substack by Serhio MaxDividends. In this article, we will summarize the bulls’ thesis on AEE. Ameren Corporation's share was trading at $104.01 as of February 3rd. AEE’s trailing and forward P/E were 19.86 and 19.38, respectively according to Yahoo Finance. UBS Raises Edison International (EIX) Price Target to $70, Keeps Buy Rating Ameren Corporation (AEE) is a quietly essential regulated utility that powers millions of homes and bus ...