secwatch.observer — SEC 8-K summary
======================================

Issuer:     BLACK HILLS CORP /SD/ (BKH)
CIK:        0001130464
Form:       8-K
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0000950170-23-002000
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Black Hills Corp. Q4 EPS flat at $1.11; cuts 2023 EPS guidance to $3.65-3.85 from $4.00-4.20
--------------------------------------------------------------------------------

- Q4 2022 EPS $1.11 flat YoY; FY 2022 EPS $3.97 up 6% from $3.74; net income $258.4M.
- Revised 2023 EPS guidance to $3.65-3.85 from $4.00-4.20, citing higher interest rates, inflation, and natural gas volatility.
- Capital plan $3.5B for 2023-2027; 2023 capex ~$615M; equity issuance $140-160M via ATM program.
- CFO Rich Kinzley retiring mid-2023; Kimberly Nooney appointed CFO effective April 1, 2023.
- Wyoming Electric approved for $250M rate recovery; Colorado Clean Energy Plan settlement filed for 80% emissions cut.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130464/000095017023002000/0000950170-23-002000-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130464/000095017023002000/bkh-20230207.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-002000

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer