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Black Hills Corp (NYSE: BKH) delivers essential energy services through regulated utilities and strategic wholesale operations across eight U.S. states. This page provides investors and stakeholders with direct access to official company announcements, including earnings reports, regulatory updates, and operational developments.
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Black Hills Corp. (NYSE: BKH) announced that its Nebraska natural gas utility received Nebraska Public Service Commission approval of a unanimous settlement for new rates effective Jan. 1, 2026.
The settlement permits recovery of over $453 million of system investments since the last general rate filing in 2020 and supports service for more than 304,000 Nebraska customers. It will generate approximately $23.9 million of new annual revenues and migrate about $18.5 million of annual rider revenue into base rates for a total base rate revenue increase of $42.4 million. Rates are based on a 9.85% return on equity and a capitalization of 50.5% equity / 49.5% debt.
The settlement also renews a five-year System Safety and Integrity Rider and establishes a new insurance tracker, a manufactured gas plant tracker, and a weather normalization pilot.
Black Hills Corp (NYSE: BKH) said its Arkansas natural gas utility filed a rate review with the Arkansas Public Service Commission on Dec. 8, 2025 requesting $29.4 million in new annual revenue to recover capital and operational costs for more than 189,000 Arkansas customers across 100+ communities.
The filing seeks recovery of about $147 million in safety, reliability and system integrity investments since the last general rate filing in 2023, uses a capital structure of 50.2% equity / 49.8% debt and requests a 10.5% return on equity, with new rates proposed in the second half of 2026.
Black Hills Corp (NYSE: BKH) reported Q3 2025 results and reaffirmed 2025 adjusted EPS guidance of $4.00 to $4.20 (excludes merger-related costs). Q3 adjusted EPS was $0.45 vs. $0.35 a year ago; YTD adjusted EPS was $2.68. The company completed planned equity and debt financings, issued 3.7 million shares YTD for net proceeds of $220 million, and completed a $450 million senior note offering. Projects include the $350M Ready Wyoming 260-mile transmission (in service by year-end 2025) and the $280M Lange II 99 MW plant (in service H2 2026). Black Hills announced an all-stock merger with NorthWestern Energy and filed joint regulatory applications; closing is expected in H2 2026, subject to approvals.
Black Hills Corp (NYSE: BKH) declared a quarterly dividend of $0.676 per share, payable Dec. 1, 2025, to shareholders of record at the close of business Nov. 17, 2025.
The company will release Q3 2025 earnings after market close on Nov. 5, 2025, and host a live conference call and webcast at 11:00 a.m. EST on Nov. 6, 2025; a replay will be available for up to one year.
Black Hills Corp (NYSE: BKH) will release 2025 third-quarter results after market close on Wednesday, Nov 5, 2025 and host a live conference call and webcast at 11:00 a.m. ET on Thursday, Nov 6, 2025 to discuss financial results.
Participants can register for the conference call to obtain dial-in details and ask questions; a listen-only webcast and presentation slides are available via a separate registration. A replay of the call will be available on the company’s investor relations website for up to one year.
Black Hills Corp serves about 1.35 million natural gas and electric customers across eight states.
Black Hills Corp. (NYSE: BKH) has completed its 2025 equity issuance program, raising $219.6 million in net proceeds through the issuance of 3.7 million shares via an at-the-market (ATM) equity offering. The proceeds will fund the company's $1.0 billion capital expenditure program in 2025 and general corporate purposes.
The equity financing will support key growth initiatives, including the Ready Wyoming electric transmission expansion project (scheduled for completion by end-2025) and the Lange II 99 MW dispatchable generation resource in South Dakota (targeted for H2 2026). The company serves 1.35 million natural gas and electric utility customers across eight states.
Black Hills Corp. (NYSE: BKH) has announced the pricing of a $450 million registered public debt offering of senior unsecured notes with a 4.550% interest rate, due January 31, 2031. The offering is expected to close on October 2, 2025.
The utility company plans to use the proceeds primarily to repay or retire its existing $300 million 3.950% notes due January 15, 2026. Any remaining funds will be allocated for general corporate purposes. The company serves 1.35 million natural gas and electric utility customers across eight states.
Black Hills Corp (NYSE:BKH) reported Q2 2025 earnings of $0.38 per share, up from $0.33 in Q2 2024, and reaffirmed its 2025 earnings guidance of $4.00 to $4.20 per share. The company achieved significant milestones including a new all-time peak load of 379 megawatts at Wyoming Electric and received approval for $10.8 million in new annual revenue for Kansas Gas.
Key projects include the $350-million Ready Wyoming transmission project set for completion by year-end 2025 and the $280-million Lange II generation project planned for 2026. The company continues executing its $1 billion capital plan while maintaining solid financial metrics, with expectations to deliver in the upper half of its long-term 4% to 6% growth target.
Black Hills Corp. (NYSE: BKH) has received approval from the Kansas Corporation Commission for new utility rates for its natural gas subsidiary. The approved settlement will generate $10.8 million in new annual revenues and transfer $4.4 million in annual rider revenue to base rates, totaling a $15.2 million annual base rate revenue increase.
The new rates, effective August 1, 2025, will support system investments of approximately $118 million made since 2021. The settlement allows continued use of the Gas System Reliability Surcharge for pipeline replacement and includes approval for a new insurance tracker with deferred accounting treatment. The company serves 120,000 customers in Kansas and can file an abbreviated case later for capital placed in service through December 31, 2025.
Black Hills Corp. (NYSE: BKH) has declared a quarterly dividend of $0.676 per share for its common shareholders. The dividend will be payable on September 2, 2025, to shareholders of record as of August 18, 2025.
Additionally, the company announced it will release its Q2 2025 earnings after market close on July 30, 2025, followed by a live conference call and webcast on July 31, 2025, at 11 a.m. EDT. Black Hills Corp. serves 1.35 million natural gas and electric utility customers across eight states.