Welcome to our dedicated page for Black Hills news (Ticker: BKH), a resource for investors and traders seeking the latest updates and insights on Black Hills stock.
Black Hills Corporation (NYSE: BKH) is a regulated electric and natural gas utility based in Rapid City, South Dakota, serving approximately 1.35 million utility customers across Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming. The news surrounding BKH often centers on its earnings releases, regulatory developments, capital projects and corporate transactions.
Investors following BKH news can expect regular updates on quarterly and full-year financial results, including discussions of segment performance in the Electric Utilities and Gas Utilities businesses, non-GAAP adjusted earnings and the impact of new customer rates and rider recovery. The company frequently announces dividend declarations, reflecting its long history of paying and increasing dividends on common stock.
Black Hills’ news flow also highlights major infrastructure and growth projects. Recent announcements have covered the completion and energization of the 260-mile Ready Wyoming electric transmission expansion project, construction progress on the 99-megawatt Lange II gas-fired generation facility in South Dakota, and steps to advance a Clean Energy Plan in Colorado involving battery storage and solar resources. Updates on gas utility rate reviews and settlements in states such as Nebraska, Kansas and Arkansas provide insight into how the company recovers investments in system safety, reliability and integrity.
A key theme in recent BKH coverage is the planned all-stock merger with NorthWestern Energy Group, Inc., detailed in multiple Form 8-K filings and joint press releases. News items describe the merger agreement, regulatory and shareholder approval processes and illustrative pro forma financial information. Additional corporate news includes equity issuances, public debt offerings and the establishment of an Emergency Public Safety Power Shutoff program to address wildfire risk. For investors and observers, the BKH news page offers a consolidated view of these financial, regulatory and operational developments over time.
Black Hills Corp (NYSE: BKH) reported 2025 GAAP EPS of $3.98 and adjusted EPS of $4.10, and initiated 2026 adjusted EPS guidance of $4.25 to $4.45 (about 6% growth). The company highlighted a >3 GW data center pipeline, a $350M Ready Wyoming 260-mile transmission project, and a planned $4.7B capital program for 2026–2030. Dividend was set at $0.703 quarterly, marking 56 consecutive annual increases. Shareholder vote on the NorthWestern Energy merger is scheduled for April 2, 2026.
Black Hills Corp (NYSE: BKH) announced a quarterly dividend of $0.703 per share, up $0.027 from the prior quarter. Common shareholders of record on Feb. 17, 2026 will receive the dividend payable on March 1, 2026. The company said the raise reflects confidence in its long-term strategy and execution.
The new annualized rate continues 56 consecutive years of annual dividend increases (the second-longest in the electric and natural gas utility industry) and marks 84 consecutive years of paying annual dividends. Black Hills serves 1.35 million gas and electric customers across eight states.
Black Hills Corp (NYSE: BKH) will release its 2025 fourth-quarter and full-year earnings after market close on Wednesday, Feb 4, 2026, and will host a live conference call and webcast at 11:00 a.m. EST on Thursday, Feb 5, 2026 to discuss results.
Investors can register for the live call to ask questions and will receive dial-in details and a personal PIN; a listen-only webcast and presentation slides are available via registration. A replay of the call will be posted on Black Hills’ investor relations website and available for up to one year.
Black Hills serves 1.35 million gas and electric customers across eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.
Black Hills Corp. (NYSE: BKH) completed and energized the 260-mile Ready Wyoming transmission expansion in December 2025 at a total cost of $350 million. The project now interconnects the company’s electric systems in South Dakota and Wyoming, aims to enhance system resiliency, expand access to power markets, support local economic growth, and maintain long-term cost stability for customers. Approximately $300 million of the investment is expected to be recovered through the Wyoming Transmission Rider, while about $50 million of remaining distribution investment is expected to be recovered through base rates in the next rate review.
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.
FAQ
What is the current stock price of Black Hills (BKH)?
What is the market cap of Black Hills (BKH)?
