Black Hills Corp (N:BKH)
Business Focus: Multiline Utilities
| Sector: Utilities | Industry: Multiline Utilities |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 625 9TH STREET PO Box 1400 RAPID CITY SD 57709 |
| Tel: | 1-605-7211171 |
| Website: | https://www.blackhillscorp.com |
| IR: | See website |
| Key People | ||
| Linden R. Evans President, Chief Executive Officer, Director | Kimberly F. Nooney Chief Financial Officer, Senior Vice President | Erik Keller Senior Vice President, Chief Information Officer |
| Brian G. Iverson Senior Vice President, Chief Compliance Officer, General Counsel | Todd Jacobs Senior Vice President - Growth and Strategy | Marne Jones Senior Vice President - Utilities |
| Business Overview |
| Black Hills Corporation is a customer-focused, growth-oriented utility company. The Company serves 1.33 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming. The Company has two segments. The Electric Utilities segment generates, transmits and distributes electricity to approximately 222,000 electric utility customers in Colorado, Montana, South Dakota and Wyoming. Its Electric Utilities own 1,394 megawatts of generation and 9,106 miles of electric transmission and distribution lines. Its Gas Utilities segment serves approximately 1,116,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska and Wyoming. Its Gas Utilities own and operate approximately 4663 miles of intrastate gas transmission pipelines and 42,514 miles of gas distribution mains and service lines, seven natural gas storage sites, more than 50,000 horsepower of compression and 516 miles of gathering lines. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Black Hills Corp revenues decreased 9% to $2.33B. Net income increased 1% to $262.2M. Revenues reflect Gas Utilities segment decrease of 11% to $1.48B, Electric utilities segment decrease of 5% to $853.6M. Net Income benefited from Electric utilities segment income increase of 18% to $248.8M, Gas Utilities segment income increase of 6% to $228.8M. Dividend per share increased from $2.41 to $2.50. |
| Employees: | 2,874 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $7,897M as of Dec 31, 2023 |
| Annual revenue (TTM): | $2,331M as of Dec 31, 2023 |
| EBITDA (TTM): | $729.50M as of Dec 31, 2023 |
| Net annual income (TTM): | $262.20M as of Dec 31, 2023 |
| Free cash flow (TTM): | $220.70M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $4,315M as of Dec 31, 2023 |
| Shares outstanding: | 68,289,533 as of Mar 4, 2024 |
| Index Membership: | S&P 400 Mid Cap |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Insidertracking.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Insider information is based on filings made either on EDGAR®
or on the System for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission. Copyright © 2024 INK Research Corp. All rights reserved.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.