Black Hills Stock Price, News & Analysis

Black Hills Corp. (NYSE: BKH) has announced its participation in the American Gas Association Financial Forum on May 17-18, 2022. During this event, the company's senior leadership team will discuss key topics including strategic initiatives, guidance, and long-term growth targets. The materials presented at these meetings will be accessible on the Black Hills website under the 'Investor Relations' section. Black Hills operates as a utility provider in eight states, serving 1.3 million customers in the natural gas and electric sectors.

Black Hills Corp. (BKH) reported a strong first quarter of 2022 with net income of $117.5 million, up 22% from $96.3 million in 2021, translating to earnings per share (EPS) of $1.82, an 18% increase. Excluding prior year impacts from Winter Storm Uri, EPS rose 8%. Key growth drivers included new rates, customer growth, and increased energy sales. The company reaffirmed its 2022 EPS guidance of $3.95 to $4.15, citing favorable operational performance and effective regulatory execution. However, it faces challenges from supply chain issues and inflation.

Black Hills Corp (NYSE: BKH) announced a quarterly dividend of $0.595 per share, declared on April 25, 2022. Shareholders on record as of May 18, 2022, will receive payment on June 1, 2022. The company will release its Q1 2022 earnings after market close on May 4, 2022, and a conference call will be held on May 5, 2022, at 11 a.m. EDT to discuss the results. Black Hills Corp serves 1.3 million customers across eight states, focusing on being a resilient energy partner.

Black Hills Corp. (NYSE: BKH) will hold its Annual Meeting of Shareholders on April 26, 2022, at 9:30 a.m. MDT in Rapid City, South Dakota. Shareholders can attend in person or join virtually via webcast or phone. Voting via the webcast is not permitted, so shareholders are encouraged to return their proxy cards to ensure their votes are counted. The meeting will be archived for future access on the company's website. Black Hills Corp. serves 1.3 million utility customers across eight states, emphasizing customer focus and growth.

Black Hills Corp. (NYSE: BKH) will report its 2022 first quarter earnings on May 4, 2022, following market close. A conference call will be held on May 5, 2022, at 11 a.m. EDT to discuss the financial results. The company, based in Rapid City, South Dakota, services 1.3 million utility customers across eight states. Interested parties can access the live webcast on the company’s investor relations page. A replay will be available post-event.

Black Hills Corp. (NYSE: BKH) announced its participation in the Morgan Stanley Energy & Power Conference on Feb. 28 and the Bank of America Power, Utilities and Clean Energy Leaders Conference on March 1. The company reaffirms its 2022 earnings guidance of $3.95 to $4.15 per share. Leadership will discuss guidance, growth targets, and regulatory updates at these investor meetings. Materials for the conferences will be accessible on the company's website under the 'Investor Relations' section.

Black Hills Corp. (NYSE: BKH) announced its Wyoming subsidiary, Cheyenne Light, Fuel and Power Company, submitted a request to the Wyoming Public Service Commission for a certificate to build a $260 million transmission expansion project named Ready Wyoming. The project aims to enhance long-term price stability and interconnect various electric systems, supporting customer energy needs and renewable resource access. Construction is planned from 2023 to 2025, featuring new and expanded substations and transmission lines.

Black Hills Corp. (BKH) reported its financial results for Q4 and the full year 2021, showing a net income of $71.2 million, down from $77.2 million in Q4 2020. The earnings per share (EPS) for 2021 was $3.74, benefiting from new rates and customer growth, despite weather impacts reducing Q4 earnings by $0.16. The company plans to invest over $3.2 billion in the next five years and aims for a 5%-7% EPS growth target through 2026. Black Hills also declared a quarterly dividend of $0.595 per share, continuing its streak of 51 consecutive years of dividend increases.

Black Hills Corp. (NYSE: BKH) announced a quarterly dividend of $0.595 per share, payable on March 1, 2022 to shareholders on record as of February 14, 2022. The company's fourth quarter and full year earnings will be released after the market closes on February 9, 2022, followed by a conference call on February 10, 2022, at 11 a.m. EST. Black Hills serves approximately 1.3 million utility customers across eight states.