BKH News & Events

Sees FY26 effective tax rate 14%. "We expect to deliver in the upper half of our long-term 4% to 6% EPS growth target off the 2023 guidance midpoint of $3.75. For 2026, our earnings guidance reflects a 6% year-over-year growth. We plan to invest $4.7 billion of capital in 2026 through 2030 focused on the needs of our customers for safe, reliable service and to support growth. Our data center pipeline offers significant opportunities for new margins and capital investment. We are making progress in negotiations for large-load requests with high-quality partners under non-disclosure agreements. Our pipeline exceeds 3 GW, with 600 MW in our five-year plan by 2030 driven by Microsoft's ongoing expansion and Meta's new AI data center to be served with minimal capital investment through our innovative tariff in Wyoming," concluded Evans.

Reports Q4 revenue $635.5M vs. $597.1M last year. "We delivered another solid year, achieving the midpoint of our earnings guidance and upper half of our long-term growth target," said Linn Evans, president and CEO of Black Hills Corp. "Our team energized our transformational Ready Wyoming 260-mile electric transmission expansion project on schedule, and we set the stage for an even stronger energy future with our plan to combine with NorthWestern Energy. We invested nearly $900 million of capital for the needs of our customers, and successfully executed our financing plan, maintaining strong credit quality and liquidity. During the year, we completed three rate reviews representing more than $52 million of new annual revenue."

Black Hills announced that its board of directors approved a quarterly dividend of 70.3c per share, an increase of 2.7c per share over last quarter's dividend. Common shareholders of record at the close of business on Feb. 17 will receive 70.3c per share, payable March 1.