Black Hills Corp - Company Profile
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Black Hills Corp (BHC) is a vertically integrated energy company which offers electricity and natural gas. The company produces, transmits, and distributes electricity and sells natural gas on retail and wholesale basis. It generates electricity from natural gas, coal, diesel oil, and wind sources. The company acquires, maintains, develops, and produces crude oil and natural gas assets in the Rocky Mountain and Midwestern region of the US; produces low-sulfur sub-bituminous coal at its coal mine in Wyoming and sells that coal to electric generation facilities including owned regulated and non-regulated generating plants. The company serves residential, commercial, industrial, and municipal customers in South Dakota, Arkansas, Nebraska, Kansas, Colorado, Montana, Iowa, and Wyoming. BHC is headquartered in Rapid City, South Dakota, the US.
Headquarters
United States of America
Address
7001 Mount Rushmore Road, Rapid City, South Dakota, 57702
Website
www.blackhillscorp.com
Telephone
1 605 7211700
No of Employees
2,841
Industry
Energy and Utilities
Ticker Symbol & Exchange
BKH (NYSE)
Revenue (2024)
$2.1B
-8.7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
4.2%
(2024 vs 2023)
Market Cap*
$5.6B
Net Profit Margin (2024)
XYZ
14.1%
(2024 vs 2023)
* As of and is in US$
Black Hills Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electricity | Transmission of Electricity |
| Natural Gas | Mining Services |
| Coal | Generation of Electricity and Natural Gas |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Regulatory Approval | In August, the company received approval from the board of directors to merge with NorthWestern Energy Group, Inc. |
| 2025 | Regulatory Approval | In June, the company received approval for a dispatchable generation resource in South Dakota. |
| 2025 | Commercial Operation | In January, the company announced the operations of the initial 12-mile segment and supporting substations of its Ready Wyoming transmission expansion project. |
Competitor Comparison
| Key Parameters | Black Hills Corp | Duke Energy Corp | American Electric Power Co Inc | FirstEnergy Corp | PacifiCorp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Rapid City | Charlotte | Columbus | Akron | Portland |
| State/Province | South Dakota | North Carolina | Ohio | Ohio | Oregon |
| No. of Employees | 2,841 | 26,413 | 16,330 | 12,294 | 5,200 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Steven R. Mills | Chairman | Executive Board | 2020 | 69 |
| Linden R. Evans | Director; President; Chief Executive Officer | Executive Board | 2019 | 62 |
| Kimberly F. Nooney | Senior Vice President; Chief Financial Officer; Treasurer | Senior Management | 2023 | 54 |
| Marne M. Jones | Senior Vice President; Chief Utility Officer | Senior Management | - | 51 |
| Sarah A. Wiltse | Senior Vice President; Chief Human Resources Officer | Senior Management | 2024 | 46 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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