Last $54.29 USD
Change Today -0.07 / -0.13%
Volume 196.7K
BKH On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

black hills corp (BKH) Snapshot

Open
$54.90
Previous Close
$54.36
Day High
$54.95
Day Low
$53.70
52 Week High
07/1/14 - $62.13
52 Week Low
10/16/14 - $47.11
Market Cap
2.4B
Average Volume 10 Days
161.0K
EPS TTM
$2.54
Shares Outstanding
44.7M
EX-Date
11/13/14
P/E TM
21.4x
Dividend
$1.56
Dividend Yield
2.87%
Current Stock Chart for BLACK HILLS CORP (BKH)

Related News

No related news articles were found.

black hills corp (BKH) Related Businessweek News

No Related Businessweek News Found

black hills corp (BKH) Details

Black Hills Corporation, through its subsidiaries, operates as a diversified energy company in the United States. The company’s Electric Utilities segment generates, transmits, and distributes electricity to approximately 203,500 electric customers in South Dakota, Wyoming, Colorado, and Montana; and distributes natural gas to approximately 35,500 gas utility customers in Cheyenne, Wyoming. This segment owns 790 megawatts of generation capacity and 8,599 miles of electric transmission and distribution lines. Its Gas Utilities segment distributes natural gas to approximately 538,000 natural gas utility customers in Colorado, Nebraska, Iowa, and Kansas. This segment owns 604 miles of intrastate gas transmission pipelines and 19,998 miles of gas distribution mains and service lines. The company’s Power Generation segment produces electric power and sells the electric capacity and energy primarily to its utilities under long-term contracts. Its Coal Mining segment produces coal at its coal mine located near Gillette, Wyoming and sells the coal to electric generation facilities. The company’s Oil and Gas segment explores, develops, and produces crude oil and natural gas primarily in the Rocky Mountain region. This segment’s principal assets include the operating interests in the properties in the San Juan basin, the Powder River basin, and the Piceance basin; and non-operated interests in wells located in the Williston, Wind River, Bear Paw Uplift, Arkoma, Anadarko, and Sacramento basins. As of December 31, 2013, it had total reserves of approximately 87 billion cubic feet equivalent of natural gas and crude oil. Black Hills Corporation also provides appliance repair services to approximately 62,000 residential customers; and constructs gas infrastructure facilities for gas transportation customers. The company was founded in 1941 and is headquartered in Rapid City, South Dakota.

1,948 Employees
Last Reported Date: 02/26/14
Founded in 1941

black hills corp (BKH) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $689.7K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $361.2K
President of Utilities and Chief Operating Of...
Total Annual Compensation: $428.5K
Chief Compliance officer, Senior Vice Preside...
Total Annual Compensation: $316.3K
Chief Human Resource Officer and Senior Vice ...
Total Annual Compensation: $312.2K
Compensation as of Fiscal Year 2013.

black hills corp (BKH) Key Developments

Black Hills Corporation Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Full Year of 2014 and 2015

Black Hills Corporation announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenue of $22.0 million compared to $22.0 million, operating income of $13.6 million compared to $14.3 million for the same period in the last year. Net income was $26.8 million against $23.1 million for the same period in the last year. Total diluted earnings per share were $0.60 against $0.52 for the same period in the last year. Adjusted earnings per share increased 28% compared to the same period in the prior year, highlighted by improved operating results at gas utility and coal mining segments and lower interest expense. Cooler weather benefited gas utilities and tempered results at electric utilities. The company reported same amounts of GAAP and non-GAAP results. For the nine months, the company reported revenue of $66.3 million compared to $62.5 million, operating income of $39.1 million compared to $36.3 million for the same period in the last year. Net income was $94.8 million against $96.8 million for the same period in the last year. Total diluted earnings per share were $2.13 against $2.18 for the same period in the last year. The company provided earnings guidance for the full year of 2014 and 2015. With strong financial performance this year, the company is increasing guidance for 2014 earnings, as adjusted, to $2.80 to $2.95 per share. Looking to next year, the company is initiating guidance for 2015 earnings, as adjusted, of $2.90 to $3.10 per share.

Black Hills Corp. Announces Management Changes

Black Hills Corp. announced that Anthony Cleberg, executive vice president and chief financial officer, will retire at the end of March 2015. Richard Kinzley, the company's vice president and controller will be appointed senior vice president and chief financial officer effective Jan. 1, 2015, reporting to David Emery, the company's chairman, president and chief executive officer. Cleberg will provide transition support until his retirement to ensure a smooth succession. Kinzley is a 15-year veteran of the company who has served in roles of increasing responsibility in the finance, accounting, and corporate strategy and development areas. Prior to assuming his current role in February 2013, Kinzley was vice president of strategic planning and corporate development. Kinzley brings 26 years of finance and accounting experience to his new role, including nine years in public accounting. The company announced the appointment of Brian Iverson as senior vice president, regulatory and government affairs and assistant general counsel effective Nov. 1, 2014, reporting to Emery. Iverson will retain his responsibilities as treasurer until a successor is named. Prior to joining Black Hills Corp., Iverson spent nearly 20 years as an auditor with Citigroup and as an attorney in private practice specializing in taxation, finance and banking.

Black Hills Corporation Declares Quarterly Dividend on Common Share , Payable on December 01, 2014

The board of directors of Black Hills declared a quarterly dividend of USD 0.39 per share on the company's common stock. Shareholders of record at the close of business as of November 17, 2014 will receive the common share dividend on December 01, 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
BKH:US $54.29 USD -0.07

BKH Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Avista Corp $33.90 USD +0.12
IDACORP Inc $61.78 USD +0.08
NorthWestern Corp $52.55 USD +0.57
PNM Resources Inc $28.64 USD +0.16
UIL Holdings Corp $39.57 USD -0.27
View Industry Companies
 

Industry Analysis

BKH

Industry Average

Valuation BKH Industry Range
Price/Earnings 21.3x
Price/Sales 1.8x
Price/Book 1.8x
Price/Cash Flow 9.4x
TEV/Sales 0.6x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact BLACK HILLS CORP, please visit www.blackhillscorp.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.