Black Hills Corp. Natural Gas Utility Receives Approval for New Rates in Iowa
Black Hills Corporation (BKH)
Last black hills corporation earnings: 2/6 04:15 pm
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ir.blackhillscorp.com
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Source: GlobeNewswire
RAPID CITY, S.D., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Iowa natural gas utility, Black Hills/Iowa Gas Utility Company, LLC, doing business as Black Hills Energy, received approval from the Iowa Utilities Commission of a settlement agreement for new rates. The new rates are designed to recover approximately $100 million of pipeline system investments since the utility’s last general rate filing in 2021. “We are pleased to receive approval of a settlement that supports our commitment to our Iowa customers and communities to deliver safe and reliable natural gas service,” said Linn Evans, president and CEO of Black Hills Corp. “Our investments made on behalf of our customers are essential to supporting continued resilience of our Iowa natural gas system.” The approved black box settlement agreement will generate approximately $15 million of new annual revenues based on a weighted average cost of capital of 7.21%. In January 2025, fi
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News
- Black Hills Co. (NYSE: BKH) had its price target raised by analysts at Scotiabank from $63.00 to $67.00. They now have a "sector perform" rating on the stock.MarketBeat
- Black Hills Corp. Natural Gas Utility Receives Approval for New Rates in Iowa [Yahoo! Finance]Yahoo! Finance
- Black Hills Is Still A Buyable Dividend King Now [Seeking Alpha]Seeking Alpha
- Black Hills Corp (BKH) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ... [Yahoo! Finance]Yahoo! Finance
- Black Hills Corporation (BKH) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
BKH
Earnings
- 11/6/24 - Miss
BKH
Sec Filings
- 11/19/24 - Form 3
- 11/12/24 - Form 4
- 11/7/24 - Form 3
- BKH's page on the SEC website