Black Hills Corp - Company Profile
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Black Hills Corp (BHC) is a vertically integrated energy company which offers electricity and natural gas. The company produces, transmits, and distributes electricity and sells natural gas on retail and wholesale basis. It generates electricity from natural gas, coal, diesel oil, and wind sources. BHC acquires, maintains, develops, and produces crude oil and natural gas assets in the Rocky Mountain and Midwestern region of the US; produces low-sulfur sub-bituminous coal at its coal mine in Wyoming and sells that coal to electric generation facilities including owned regulated and non-regulated generating plants. The company serves residential, commercial, industrial, and municipal customers in South Dakota, Arkansas, Nebraska, Kansas, Colorado, Montana, Iowa, and Wyoming. BHC is headquartered in Rapid City, South Dakota, the US
Black Hills Corp premium industry data and analytics
Products and Services
Products | Services |
---|---|
Coal | Mining Services |
Electricity | Generation of Electricity and Natural Gas |
Natural Gas | Distribution of Electricity and Natural Gas |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Stock Listings/IPO | In June, the company announced its plans to raise US$400 million in the IPO. |
2022 | Contracts/Agreements | In December, Wyodak Resources Development Corp completed a new contract to continue providing fuel supply to the 402-megawatt Wyodak Power Plant. |
2022 | Regulatory Approval | In October, the company's subsidiary Black Hills Energy secured approval from the Wyoming Public Service Commission to construct an estimated US$260 million transmission expansion project. |
Competitor Comparison
Key Parameters | Black Hills Corp | Duke Energy Corp | American Electric Power Co Inc | FirstEnergy Corp | PacifiCorp |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Rapid City | Charlotte | Columbus | Akron | Portland |
State/Province | South Dakota | North Carolina | Ohio | Ohio | Oregon |
No. of Employees | 2,982 | 27,859 | 16,974 | 12,335 | 6,000 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Steven R. Mills | Chairman | Executive Board | 2020 | 67 |
Linden R. Evans | Chief Executive Officer; Director; President | Executive Board | 2019 | 60 |
Kimberly Nooney | Chief Financial Officer; Senior Vice President; Treasurer | Senior Management | 2023 | - |
Erik D. Keller | Chief Information Officer; Senior Vice President | Senior Management | 2020 | 59 |
Brian G. Iverson | Chief Compliance Officer; General Counsel; Senior Vice President | Senior Management | 2019 | 60 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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