BKH Stock - Black Hills Corp.

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Black Hills Corporation, incorporated in 1941 and headquartered in Rapid City, South Dakota, operates as an electric and natural gas utility company in the United States. The company functions through two main segments: Electric Utilities and Gas Utilities. The Electric Utilities segment is responsible for generating, transmitting, and distributing electricity to around 218,000 customers in Colorado, Montana, South Dakota, and Wyoming. It owns and operates 1,481.5 megawatts of generation capacity and manages 8,892 miles of electric transmission and distribution lines.

The Gas Utilities segment serves approximately 1,094,000 natural gas utility customers across Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. It owns and operates 4,732 miles of intrastate gas transmission pipelines, 41,644 miles of gas distribution mains and service lines, six natural gas storage sites, and about 50,000 horsepower of compression and 515 miles of gathering lines. This segment also constructs and maintains gas infrastructure for transportation customers and provides appliance repair services to residential utility customers and electrical system construction services to large industrial customers.

In addition to its utility operations, Black Hills Corporation produces electric power through various sources, including wind, natural gas, and coal-fired generating plants. The company also operates a coal mine located near Gillette, Wyoming, which supports its coal-fired power generation.

Black Hills Corporation has a long history of provviding reliable energy services while focusing on growth and sustainability. The company continually invests in infrastructure and technology to enhance service delivery and efficiency, ensuring it meets the evolving energy needs of its customers.

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