Black Hills Stock Price, News & Analysis

Black Hills Corp (NYSE: BKH) announces a quarterly dividend of $0.625 per share, declared on April 24, 2023, for shareholders of record by May 18, 2023, with payment set for June 1, 2023. The company's first-quarter 2023 earnings will be released after market hours on May 3, with a conference call scheduled for May 4 at 11 a.m. EDT. Black Hills serves 1.33 million utility customers across eight states, emphasizing its commitment to growth and customer satisfaction. Investors can access the earnings call via the company's website or by phone, with registration required for participation. This initiative reflects the company's ongoing strategy to enhance shareholder value and maintain transparent communication.

Black Hills Corp. (NYSE: BKH) will report its 2023 first quarter earnings on May 3, 2023, after market close. A live conference call and webcast will take place on May 4, 2023, at 11 a.m. EDT to discuss the financial results. Interested participants can access the webcast via the company’s Investor Relations page. For those wishing to engage during the call, registration is required, and dial-in details will be provided post-registration. Black Hills Corp. is a utility company serving 1.3 million customers across eight states, focusing on providing reliable energy services. For additional information regarding the company and the upcoming earnings release, visit www.blackhillscorp.com.

On March 2, 2023, Black Hills Corp. (NYSE: BKH) announced a public debt offering of $350 million in 5.95% senior unsecured notes, maturing on March 15, 2028. The offering is expected to close on March 7, 2023, pending customary conditions. Proceeds from this offering will be utilized to repay existing notes under its commercial paper program and for general corporate purposes. Interested parties can access the prospectus via the SEC's EDGAR website. This announcement does not constitute an offer to sell or solicit securities in jurisdictions where it would be unlawful.

Black Hills Corp. (NYSE: BKH) will engage with investors at the Morgan Stanley Global Energy & Power Conference on Feb. 27 and the Bank of America Power, Utilities and Clean Energy Conference on Feb. 28. The company reaffirms its 2023 earnings guidance of $3.65 to $3.85 per share, as previously announced on Feb. 8. Leadership will discuss this guidance, long-term growth targets, and regulatory updates during the events. Investor materials will be accessible on the company’s website under the Investor Relations section. Black Hills Corp. serves 1.3 million customers across eight states, focusing on providing energy solutions.

On February 7, 2023, Black Hills Corp. (BKH) reported its fourth-quarter and full-year 2022 financial results, showing a net income of $72.5 million for Q4, up from $71.2 million in 2021, and full-year net income of $258.4 million, also higher than $236.7 million in 2021. The revised EPS guidance for 2023 is $3.65 to $3.85, down from $4.00 to $4.20, due to elevated interest rates, inflation, and volatile natural gas prices. The company plans $3.5 billion in capital investments through 2027, with a long-term earnings growth target of 4% to 6%. Additionally, all electric utilities set new winter peak loads in December 2022, with significant growth in customer demand.