Company
Black Hills Corporation
Headquarters: Rapid City, SD, United States
Founded: 1941
Employees: 2,884
CEO: Mr. Linden R. Evans
Market Cap
$3.75 Billion
USD as of Jan. 1, 2024
Black Hills Corporation Categories
United States Utilities Utilities—DiversifiedUnited States Utilities United States Utilities—Diversified
Top Competitors by Market Capitalization
Industry: Utilities—Diversified
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|---|---|
| Iberdrola, SA | $81.95 B |
| Enel SpA | $75.50 B |
| EDF | $54.60 B |
| National Grid plc | $50.48 B |
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Sector:
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| NextEra Energy | $127.19 B |
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| Iberdrola, SA | $81.95 B |
| The Southern Company | $78.21 B |
| Duke Energy Corporation | $76.13 B |
Detailed Description
Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates in two segments, Electric Utilities and Gas Utilities. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 218,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming; and owns and operates 1,481.5 megawatts of generation capacity and 8,892 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,094,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming; 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 approximately 50,000 horsepower of compression and 515 miles of gathering lines. The company also constructs and maintains gas infrastructure facilities for gas transportation customers; and provides appliance repair services to residential utility customers, as well as electrical system construction services to large industrial customers. In addition, it produces electric power through wind, natural gas, and coal-fired generating plants; and coal at its coal mine located near Gillette, Wyoming. The company was incorporated in 1941 and is headquartered in Rapid City, South Dakota.
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Stocks & Indices
Black Hills Corporation has the following listings and related stock indices.
Stock: NYSE: BKH wb_incandescent
Key People
Founder(s): J. B. French
Linden Evans (Pres., CEO)
Financials
Revenue: US$1.696 Billion (Fiscal Year Ended 31 December 2020)
Operating income: US$428.303 Million (Fiscal Year Ended 31 December 2020)
Net income: US$242.763 Million (Fiscal Year Ended 31 December 2020)
Total assets: US$8.088 Billion (Fiscal Year Ended 31 December 2020)
Total equity: US$2.662 Billion (Fiscal Year Ended 31 December 2020)