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 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) announced a quarterly dividend of $0.565 per share, set for payment on March 1, 2021, to shareholders of record by February 12, 2021. The company will also release its fourth quarter and full year earnings on February 9, 2021, post-market close. A live webcast discussing these financial results will take place on February 10, 2021, at 11 a.m. EST. Serving 1.28 million customers across eight states, Black Hills Corp. continues to focus on growth and customer service.
Black Hills Corp. (NYSE: BKH) has received approval from the Nebraska Public Service Commission for a settlement agreement that allows for a statewide rate increase of approximately $11.1 million. This decision consolidates the company’s base rates and tariffs, benefiting approximately 300,000 customers in Nebraska. The rate increase supports ongoing investments exceeding $450 million in the company's natural gas infrastructure, while aiming to enhance operational efficiency and customer service. The new revenues will commence on March 1, 2021.
Black Hills Corp. (NYSE: BKH) will announce its Q4 and full year 2020 earnings on Feb. 9, 2021, after market close. A live conference call and webcast is scheduled for Feb. 10, 2021, at 11 a.m. EST to discuss the financial results. The company serves 1.28 million utility customers across eight states, emphasizing a commitment to customer satisfaction and growth.
Black Hills announced it will not participate in CenterPoint Energy's sale of gas distribution assets in Arkansas and Oklahoma, deeming them non-strategic.
The company emphasizes growth through its $2.9 billion capital investment program from 2020 to 2024, focusing on organic customer-oriented projects. President and CEO Linn Evans stated acquisitions will only be considered if they are highly strategic.
Black Hills Corp. (NYSE: BKH) has completed its $79 million Corriedale Wind Energy Project in Cheyenne, Wyoming. This 52.5-megawatt facility is producing renewable energy for customers enrolled in the Renewable Ready Program. The project features 21 wind turbines and utilizes advanced digital wind power tools to enhance performance by up to 7%. Black Hills now operates approximately 281 megawatts of renewable wind generation, constituting 25% of its total generation capacity, benefiting local communities through job creation and taxes.
Black Hills Corp. (NYSE: BKH) reported a strong third quarter of 2020, achieving net income of $36.3 million, or $0.58 per share, marking a 32% increase year-over-year. The company raised its 2020 EPS guidance range to $3.60-$3.70 and introduced a 2021 guidance of $3.75-$3.95. A $239 million increase in its capital investment forecast to $2.9 billion was also announced. Additionally, the quarterly dividend was raised by 5.6% to $0.565 per share, continuing a streak of annual dividend increases. This robust performance reflects customer growth and favorable weather conditions.
Black Hills Corp (NYSE: BKH) announced that on November 5, it will release new greenhouse gas (GHG) emission reduction goals for its utility operations, along with an updated Corporate Sustainability Report. This follows the company's commitment to advancing its environmental, social, and governance (ESG) disclosures. Additionally, the leadership team, including President and CEO Linn Evans, will present at the Virtual 2020 Edison Electric Institute Financial Conference on November 9 and 10, with a presentation scheduled for November 10 at 3 p.m. EST.
Black Hills Corp. (BKH) has announced a quarterly dividend of 56.5 cents per share, marking a 5.6% increase over the prior quarter.
This declaration celebrates the company's 50th consecutive year of annual dividend increases, reinforcing its commitment to returning value to shareholders.
The dividend will be paid on December 1, 2020, to common shareholders of record as of November 17, 2020. With this, Black Hills has maintained a consistent dividend payout for 78 years.
Black Hills Corp. (NYSE: BKH) announced a significant development with the approval of a 60-megawatt power purchase agreement from the Federal Energy Regulatory Commission. The agreement allows Cheyenne Light to secure base load capacity from the Wygen I power plant, ensuring energy provision until December 31, 2032. This contract addresses a generation shortfall and supports grid stability as Cheyenne Light integrates more renewable resources. The Wygen I plant offers reliable, low-cost energy, benefitting both the utility and local employment.
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