Headquartered in Rapid City, SD·Fiscal year ends December·NYSE: BKH·ir.blackhillscorp.com
About Black Hills
Black Hills Corp. (NYSE: BKH) is a regulated electric and natural gas utility holding company serving more than 1.37 million customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.
It reports two utility segments:
- **Electric Utilities:** Colorado Electric, South Dakota Electric, Wyoming Electric and Integrated Generation, which includes the Black Hills Colorado IPP.
- **Gas Utilities:** Arkansas, Colorado, Iowa, Kansas, Nebraska and Wyoming gas.
Revenue comes from regulated retail sales to residential, commercial, industrial and municipal customers, plus wholesale, off-system and transmission sales. It also earns from gas transportation and non-regulated home services such as the Service Guard Comfort Plan and Tech Services.
The company is pursuing large-load data center growth in Wyoming, including definitive agreements to serve Google's planned Cheyenne data center under a flexible large-load tariff. It is also building generation and transmission, including the Lange II plant and the proposed Aeolus and South Cheyenne transmission projects.
Black Hills has a pending all-stock merger with NorthWestern Energy, expected to close by year-end 2026 subject to Montana regulatory approval. Updated
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Black Hills Corp. (NYSE: BKH) is a regulated electric and natural gas utility holding company serving more than 1.37 million customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.
What is the BKH stock price target?
24/7 Wall St.'s 12-month price target for BKH is $98.99, rated Buy. The Wall Street consensus target is $87.07. BKH price prediction →