$BKH

Black Hills Corp. (BKH) reported Q2 adjusted EPS of $0.54, up from $0.38 YoY, and reaffirmed its 2026 guidance of $4.25-$4.45. Growth is driven by data center demand in Wyoming, with 3GW of large-load demand in the pipeline. However, costs rose due to debt funding and merger-related expenses. Revenue slipped to $1.23B YoY due to mild weather. The company maintained its 56-year dividend increase streak, raising the quarterly payout to $0.703.

Iowa regulators questioned Black Hills Energy about 115 pipeline safety violations found in its Spencer service area, including corrosion and slow response times. The company committed to improvements, but regulators are reviewing potential penalties. Black Hills serves 1.35 million customers across eight states.

Black Hills Energy seeks a $45 monthly bill increase for South Dakota customers, including a $19.70 surcharge for the Lange II plant and a $25 rate hike. The company cites infrastructure investments and inflation. The state Public Utilities Commission will review the requests, with interim charges starting in August. If approved, the average bill would rise from $98.96 to $143.70.

Black Hills Corp (BKH) reported Q2 2026 revenue of $452.8M (+3%) and EPS of $0.50 (+31%). The company benefits from data center demand in Wyoming, with Microsoft and Meta driving growth. BKH has a 3.8% forward yield, a 'Strong Buy' rating, and a 21% upside target. It trades at 18x P/E, below the sector median.

Black Hills Corp (NYSE:BKH) reported Q2 2026 adjusted EPS of $0.54 versus $0.38 a year earlier, and revenue of $452.8 million versus $439 million, citing new rates and rider recovery. It reaffirmed 2026 adjusted EPS guidance of $4.25 to $4.45. Management discussed Wyoming large-load growth, rate reviews, and the Northwestern Energy merger timeline.

Black Hills Corp (BKH) reaffirmed 2026 adjusted EPS guidance of $4.25 to $4.45, citing new rates and rider recovery, large load demand growth, and its financial position. Management said its 1.8 GW data center negotiations are on track, with a generation reservation agreement offering up to $377 million in refundable customer advances. Montana merger decision is expected mid-October to mid-November.

Black Hills Corp reported 2Q 2026 revenue of $452.8M, up from $439M, and diluted EPS of $0.50 versus $0.38 a year earlier, with net income available to common of $38.2M versus $27.5M. The company cited improved electric and gas margins, large-load growth in Wyoming, and projects including Lange II (service expected Q4 2026) and a 50MW Colorado battery (by end-2027).

BLACK HILLS CORP /SD/ (BKH) filed an SEC Form 8-K — Results of Operations and Financial Condition. Black Hills Corp. Reports 2026 Second-Quarter Results and Reaffirms 2026 Earnings Guidance • Reaffirms 2026 adjusted earnings guidance in the range of $4.25 to $4.45 per share, excluding merger-related costs • Served new all-time peak load at Wyoming Electric driven primarily by

The article argues US electricity demand growth is accelerating, citing EIA data and grid-planner projections of a 4.7% national increase over five years versus 2.6% previously. It links demand to data centers and capex forecasts from Alphabet, Microsoft, and Meta. It highlights Digital Realty’s $400 million annual base rental income from new leases and Black Hills’ planned merger, $4.35 EPS target, and $2.81 annual dividend.

The article argues Montana faces risks from data centers and a proposed $15.4 billion merger between NorthWestern Energy and Black Hills Corp., which would require approval by the Montana Public Service Commission. It cites concerns by Commissioner Brad Molnar about consumer costs if data centers fail, and says Gov. Greg Gianforte suspended Molnar for a year.