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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.
Bookmark this resource for timely updates on BKH's infrastructure investments, rate case resolutions, and sustainability initiatives. Our curated news collection ensures you stay informed about critical developments affecting this vertically integrated utility provider.
Find comprehensive coverage of BKH's natural gas and electric service updates, financial performance disclosures, and leadership announcements. All content is sourced from verified corporate communications to maintain accuracy and compliance with financial reporting standards.
Check back regularly for the latest press releases and official statements from Black Hills Corporation. This centralized hub eliminates the need to search multiple sources, providing efficient access to material information for investment research and market analysis.
Black Hills Corp. (NYSE: BKH) reported a strong financial performance for Q2 2021, with net income reaching $25.2 million ($0.40 EPS), up from $21.0 million ($0.33 EPS) in Q2 2020. The company's non-GAAP adjusted net income also rose to $25.2 million. Results were largely attributed to new rates and rider recovery from investments. Black Hills is investing over $3 billion through 2025 to support growing demand in its service areas. The company reaffirmed its 2021 EPS guidance between $3.80 and $4.00.
Black Hills Corp. (NYSE: BKH) announced a quarterly dividend of $0.565 per share, payable on Sept. 1, 2021, to shareholders of record by the close of business on Aug. 18, 2021.
The company will also disclose its second quarter earnings on Aug. 3, 2021, with a live conference call scheduled for Aug. 4, 2021, at 11 a.m. EDT. Investors can access the webcast through the company's website.
Black Hills Corp. (NYSE: BKH) will report its 2021 Q2 earnings on August 3, 2021, after market closure. A live conference call and webcast are scheduled for August 4, 2021, at 11 a.m. EDT to discuss the financial results. The company serves 1.3 million customers across eight states in the U.S. Interested participants can access the webcast via the company's website under the Investor Relations section. Call-in details for participants without internet access are also provided for the live broadcast.
Black Hills Corp. (NYSE: BKH) announced the filing of its 2021 Integrated Resource Plan (IRP) for its South Dakota and Wyoming Electric utilities. This comprehensive plan, shaped by extensive data analysis and stakeholder input, aims to meet long-term energy needs over a 20-year horizon while enhancing grid resilience and reliability. Key proposals include adding 100 megawatts of renewable generation, converting a coal plant to natural gas, and considering up to 20 megawatts of battery storage, all supporting a 70% reduction in greenhouse gas emissions by 2040.
Black Hills Corp. (NYSE: BKH) announced rate review applications for its natural gas utilities in Colorado and Iowa to recover investments in infrastructure. In Colorado, the request is for $14.6 million in annual revenue following $144 million in system upgrades. Iowa's application seeks $8.3 million after a $250 million investment over a decade. The company aims to implement new rates in early 2022, with a focus on safety and clean energy goals, while recent performance showcased the effectiveness of these investments during extreme weather conditions.
Black Hills Corp. has released its 2020 Community Impact Report, showcasing a commitment to community support amid unprecedented challenges. The company contributed $5.6 million to various non-profit partners and engaged employees in volunteer activities, with nearly 45% pledging $780,000 to local United Way organizations. In total, 1.3 million utility customers were served across eight states, with a direct economic impact of $1.4 billion.
Black Hills Corp. (NYSE: BKH) has filed a rate review application with the Kansas Corporation Commission, seeking an increase of $5.3 million in annual revenues. The utility has invested around $130 million in natural gas infrastructure over the past seven years to enhance safety and reliability, directly responding to demand issues during extreme weather conditions. Additionally, the company seeks renewal of its Gas System Reliability Surcharge, pivotal for maintaining investments. If approved, the new rates are expected in Q1 2022 and will shift approximately $4.9 million of rider revenue to base rates.
Black Hills Corp. reported Q1 2021 net income of $96.3 million ($1.54 EPS), marking a slight increase from $93.2 million ($1.51 EPS) in Q1 2020. The financial results were impacted by Winter Storm Uri, which had a $0.15 adverse EPS effect, primarily from non-recoverable fuel costs. Despite this, the company is reaffirming its 2021 EPS guidance of $3.80 to $4.00 and is on track for a five-year capital plan exceeding $3 billion. Ongoing efforts include advancing renewable energy initiatives and managing costs related to the storm.
Black Hills Corporation has joined the ONE Future Coalition, aimed at reducing methane emissions from natural gas operations to 1% or less by 2025. Serving over 1.3 million customers across eight states, Black Hills Energy is positioned to contribute significantly to this initiative. The coalition, representing over 15% of the U.S. natural gas value chain, has already surpassed its methane intensity goals. Black Hills Energy's commitment to sustainability aligns with its mission to provide reliable energy, enhancing its corporate reputation and market stance.
Black Hills Corp. (NYSE: BKH) announced a quarterly dividend of $0.565 per share, payable on June 1, 2021, to shareholders of record by May 18, 2021. The company will release its first quarter 2021 earnings on May 4, 2021, after market close, followed by a conference call on May 5, 2021, at 11 a.m. EDT to discuss financial results. Black Hills serves 1.3 million customers across eight states, emphasizing its commitment to being a customer-focused and growth-oriented utility company.
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