Black Hills CORP /SD/

Market Movers (8-K)

NYSE
Black Hills Corporation reaffirms 2026 adjusted earnings guidance and reports first-quarter results, highlighting progress on its merger with NorthWestern Energy and data center initiatives.
Worse than expected
Capital raise
NYSE
Shareholders of Black Hills Corporation and NorthWestern Energy have voted to approve all proposals related to their upcoming all-stock merger.
Capital raise
NYSE
Black Hills Corporation filed an 8-K to provide pro forma financial information and details regarding its pending all-stock merger with NorthWestern Energy Group, Inc., expected to close in the second half of 2026.
Capital raise
Delay expected
NYSE
Black Hills Corporation announced solid 2025 financial results, achieving adjusted EPS of $4.10, and initiated 2026 adjusted EPS guidance of $4.25 to $4.45, reflecting 6% growth, alongside significant progress on its data center pipeline and merger with NorthWestern Energy.
Capital raise
NYSE
Black Hills Corporation reported strong third-quarter adjusted earnings, reaffirmed its 2025 guidance, and advanced key growth initiatives including a major merger and data center expansion.
Better than expected
Capital raise
NYSE
Black Hills Corporation completed a $450 million debt offering of 4.550% Notes due 2031, primarily to refinance existing debt.
Capital raise

Quarterly Earnings (10-Q)

NYSE
Black Hills Corporation reported a slight decrease in revenue for the first quarter of 2026 compared to the prior year, alongside significant progress in its proposed merger with NorthWestern Energy.
Worse than expected
Capital raise
NYSE
Black Hills Corporation reports increased revenue and operating income for Q3 and YTD 2025, driven by new utility rates and rider recovery, alongside progress on its proposed merger with NorthWestern.
Capital raise
NYSE
Black Hills Corporation announced increased revenue and net income for the second quarter and first half of 2025, primarily due to successful rate case outcomes and continued capital investments in its electric and gas utility segments.
Capital raise
NYSE
Black Hills Corporation's first quarter 2025 results show increased revenue and stable earnings per share compared to the same period last year.
Capital raise
NYSE
Black Hills Corporation's Q3 2024 results show a decrease in net income compared to the same period last year, influenced by higher operating expenses and generation outages.
Worse than expected
Capital raise
NYSE
Black Hills Corporation's second quarter 2024 results show a slight decrease in net income compared to the same period last year, but the company is making progress on strategic growth and renewable energy initiatives.
Worse than expected
Capital raise

Annual Reports (10-K)

NYSE
Black Hills Corporation reported increased net income and gas utility operating income in 2025, alongside a decrease in electric utility operating income, as it progresses towards a significant merger with NorthWestern Energy.
Capital raise
NYSE
Black Hills Corporation releases its 10-K filing, detailing financial performance and strategic initiatives for the fiscal year ended December 31, 2024.
Worse than expected
Capital raise
NYSE
Black Hills Corporation's 2023 10-K filing reveals a strategic focus on growth, operational excellence, and sustainable energy solutions amidst evolving market conditions.

Insider Trading (Form 4)

NYSE
Black Hills Corp Director Robert P. Otto sold 4,109 shares of common stock at an average price of $74.2199.
NYSE
Anne G. Waleski, a Director at Black Hills Corp, received a grant of 1,921 restricted stock units on May 1, 2026.
NYSE
Teresa Taylor, a Director at Black Hills Corp, reported a grant of 1,921 shares of Common Stock and holds 10,385.6725 Phantom Stock Units.
NYSE
Director Scott M. Prochazka of Black Hills Corp acquired 1,921 shares of common stock and was granted phantom stock units.
NYSE
Director Robert P. Otto of Black Hills Corp has acquired 1,921 shares of common stock, increasing his beneficial ownership.
NYSE
Steven Richard Mills, a Director at Black Hills Corp, reported a grant of 1,921 shares of common stock and an increase in beneficial ownership of phantom stock units.

Proxy Statements (Def-14A)

NYSE
Black Hills Corporation announces its 2026 Annual Meeting, details a definitive all-stock merger with NorthWestern Energy Group, Inc., and outlines executive compensation and governance.
Capital raise
NYSE
Black Hills Corporation is soliciting proxies for its 2025 annual shareholder meeting, featuring proposals for director elections, auditor ratification, and an advisory vote on executive compensation.
Better than expected
NYSE
Black Hills Corporation's proxy statement details the agenda for the 2024 annual shareholder meeting, director nominations, executive compensation, and corporate governance practices.
Better than expected
Capital raise

Schedule 13G - Passive Investments

NYSE
State Street Corporation has filed a Schedule 13G, reporting beneficial ownership of 4.8% of Black Hills Corp common stock as of March 31, 2026.
NYSE
Vanguard Capital Management has reported beneficial ownership of 5.22% of Black Hills Corp's common stock as of March 31, 2026.
NYSE
Vanguard Portfolio Management has reported a beneficial ownership of 6.66% in Black Hills Corp's common stock as of March 31, 2026.
NYSE
The Vanguard Group has filed an amended Schedule 13G, reporting 0% beneficial ownership in Black Hills Corp following an internal realignment on January 12, 2026.
NYSE
BlackRock, Inc. has filed an Amendment No. 17 to its Schedule 13G, reporting a beneficial ownership of 14.6% of Black Hills Corp's common stock as of March 31, 2025.
NYSE
BlackRock, Inc. has filed an amended Schedule 13G, reporting a beneficial ownership of 16.1% in Black Hills Corporation's common stock as of December 31, 2024.