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

Issuer:     BLACK HILLS CORP /SD/ (BKH)
CIK:        0001130464
Form:       8-K
Filed at:   2022-02-09T23:59:59+00:00
Accession:  0001130464-22-000002
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Black Hills Q4 EPS down 10% to $1.11 on warm weather; reaffirms FY2022 guidance $3.95-$4.15
--------------------------------------------------------------------------------

- Q4 GAAP EPS $1.11 vs $1.23 YoY; net income $71.2M vs $77.2M. Full-year EPS $3.74 vs $3.65.
- Record warm weather reduced Q4 EPS by $0.16; heating degree days 21% below normal.
- Reaffirms 2022 EPS guidance $3.95-$4.15; extends 5-7% EPS growth target through 2026.
- Plans $3.2B capex over 5 years; issued $600M senior notes in Aug 2021.
- Declared Q1 dividend $0.595/share (unchanged); regulatory progress includes rate reviews in CO, IA, KS.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130464/000113046422000002/0001130464-22-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130464/000113046422000002/bkh-20220209.htm
  HTML page:      https://secwatch.observer/filing/0001130464-22-000002

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