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Black Hills Corporation - BKH STOCK NEWS

Welcome to our dedicated news page for Black Hills Corporation (Ticker: BKH), a resource for investors and traders seeking the latest updates and insights on Black Hills Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Black Hills Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Black Hills Corporation's position in the market.

Rhea-AI Summary
Black Hills Corp. (BKH) reaffirms its 2024 earnings guidance range of $3.80 to $4.00 per share and announces senior leadership team meetings with investors in March, including participation in a key conference. The company aims to discuss guidance, growth targets, capital plan, regulatory updates, and other business factors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.15%
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Rhea-AI Summary
Black Hills Corp. (BKH) announced financial results for Q4 of 2023, with EPS of $3.91, above the guidance range. They improved their net debt to capitalization ratio, increased the quarterly dividend, and initiated the 2024 EPS guidance range. The company also increased their five-year capital forecast by $800 million to $4.3 billion for 2024 through 2028.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.28%
Tags
earnings
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Rhea-AI Summary
Black Hills Corp. (BKH) announced the acquisition of a renewable natural gas production facility in Dubuque, Iowa, by its nonregulated subsidiary, Black Hills Energy Renewable Resources. The facility injects RNG into the natural gas distribution system, capturing methane that would otherwise vent into the atmosphere. This investment aligns with Black Hills Corp.'s goal to integrate renewable resources into its emissions reduction strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.53%
Tags
acquisition
Rhea-AI Summary
Black Hills Corp. (NYSE: BKH) has announced a quarterly dividend increase of $0.025 per share, totaling $0.65 per share. This marks 54 consecutive years of annual dividend increases, showcasing the company's commitment to rewarding shareholders. The dividend is payable on March 1, 2024, to shareholders of record on Feb. 16, 2024. Black Hills Corp. is a customer-focused utility company serving 1.33 million natural gas and electric utility customers in eight states. The company has paid annual dividends for 82 consecutive years, starting in February 1942. This announcement reflects the company's confidence in its future and ability to deliver long-term shareholder value.
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Rhea-AI Sentiment
End-of-Day
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Tags
dividends
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Rhea-AI Summary
Black Hills Corp. (NYSE: BKH) will announce its 2023 fourth quarter and full year earnings after the market closes Wednesday, Feb. 7, 2024, and will host a live conference call and webcast at 11 a.m. EST on Thursday, Feb. 8, 2024, to discuss the company’s financial results. Black Hills Corp. (NYSE: BKH) is a customer-focused, growth-oriented utility company serving 1.33 million natural gas and electric utility customers in eight states. More information is available at www.blackhillscorp.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.48%
Tags
earnings
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Rhea-AI Summary
Black Hills Corp. (NYSE: BKH) filed a rate review application with the Arkansas Public Service Commission requesting $44.1 million in new annual revenue for its Arkansas natural gas utility, Black Hills Energy Arkansas, Inc. The company has invested approximately $130 million in safety, system integrity, and reliability for over 7,200 miles of natural gas pipeline infrastructure in Arkansas. The rate review request reflects the increased costs of serving customers driven by inflation and higher interest rates, seeking to implement new rates in the fourth quarter of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.07%
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none
Rhea-AI Summary
Black Hills Corp. (NYSE: BKH) announced its financial results for Q3 2023. Net income available for common stock was $45.4 million, compared to $35.0 million in the same period last year. Earnings per share were $0.67, up from $0.54 in Q3 2022. The positive results were driven by new rates and rider recovery, expense management, and a gain on a strategic land sale in Wyoming.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.03%
Tags
earnings
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Rhea-AI Summary
Black Hills Energy is highlighting its wildfire mitigation initiatives during Fire Prevention Month. The company employs a comprehensive approach to mitigate wildfire risk and extreme weather events. They conduct proactive equipment inspections, utilize vegetation management practices, and make system investments to improve reliability. They also engage with customers and communities to promote public safety practices. More information can be found on their website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.3%
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Rhea-AI Summary
Black Hills Corp. has filed a settlement agreement with the Wyoming Public Service Commission for new rates to recover over $140 million of investments in its natural gas system. The agreement, if approved, will generate approximately $13.9 million of new annual revenues and extend the Wyoming Integrity Rider for four more years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.35%
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Rhea-AI Summary
Black Hills Corp. announces quarterly dividend and Q3 2023 earnings call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.15%
Tags
dividends
Black Hills Corporation

NYSE:BKH

BKH Rankings

BKH Stock Data

3.73B
67.79M
0.65%
88.16%
4.6%
Other Electric Power Generation
Utilities
Link
US
Rapid City

About BKH

we are a growth-oriented, vertically integrated energy company with a mission of improving life with energy and a vision to be the energy partner of choice. based in rapid city, south dakota, the company serves 1.2 million natural gas and electric utility customers in eight states. the company's non-regulated businesses generate wholesale electricity and produce natural gas, oil and coal.