Black Hills Corporation

Black Hills Corporation, through its subsidiaries, is an electric and natural gas utility company serving customers in the United States. Its operations are divided into two main segments: Electric Utilities and Gas Utilities. The Electric Utilities segment generates, transmits, and distributes electricity to customers in Colorado, Montana, South Dakota, and Wyoming. It owns and operates 1,386 megawatts of generation capacity and 9,478 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,138,000 customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. It also operates 4,581 miles of intrastate gas transmission pipelines, 44,840 miles of gas distribution mains and service lines, seven natural gas storage sites, and gathering lines. Additionally, the company offers non-regulated services like the Service Guard Comfort Plan, which provides home appliance repair services, and Tech Services for construction and maintenance of customer-owned gas infrastructure.

Black Hills Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol BKH. The company's financials are reported in US Dollars (USD), as it is based in the United States. Investors trading BKH shares on the NYSE will transact in USD. The exchange and currency are standard for US-based utility companies, providing liquidity and accessibility to global investors.

Black Hills Corporation operates in the Utilities sector, specifically within the Utilities - Regulated Gas industry. As a regulated gas utility, the company is involved in the distribution of natural gas to residential, commercial, and industrial customers across multiple states. Its electric utilities segment also falls under the broader utilities sector, focusing on generation, transmission, and distribution of electricity. The regulated nature of these businesses means that rates and operations are overseen by state public utility commissions, providing a stable revenue stream.

Black Hills Corporation serves customers in several US states through its electric and gas utilities. The Electric Utilities segment provides electricity to customers in Colorado, Montana, South Dakota, and Wyoming. The Gas Utilities segment distributes natural gas to approximately 1,138,000 customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. The company's headquarters is in the United States, and it operates primarily in the central and western regions of the country. Its infrastructure includes generation capacity, transmission lines, pipelines, and storage sites across these states.

Black Hills Corporation generates revenue primarily through its regulated electric and natural gas utility operations. The Electric Utilities segment earns revenue by generating, transmitting, and distributing electricity to customers in four states, as well as selling excess power to other utilities and marketing companies. The Gas Utilities segment generates revenue from distributing natural gas to over a million customers and from operating intrastate pipelines, storage sites, and gathering lines. Additionally, the company offers non-regulated services such as the Service Guard Comfort Plan, a home appliance repair service under monthly agreements, and Tech Services, which provides construction and maintenance of customer-owned gas infrastructure and electrical system construction. These diversified revenue streams contribute to the company's financial stability.