secwatch / observer

BLACK HILLS CORP /SD/ — fact timeline

Source-grounded facts extracted from BLACK HILLS CORP /SD/'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

BKH BLACK HILLS CORP /SD/ JSON
Earnings Releases

BLACK HILLS CORP /SD/ reported first quarter ended March 31, 2026 results: net income 131.0, EPS 1.73.

“Net income available for common stock and earnings per share, diluted (EPS) for the three months ended March 31, 2026, compared to the three months ended March 31, 2025, were: Three Months Ended March 31, 2026 2025 (in millions, except per share amounts) GAAP: Net income available for common stock $ 131.0 $ 134.3 Earnings per share, Diluted $ 1.73 $ 1.87”
Shareholder Votes

BLACK HILLS CORP /SD/ shareholders approved Advisory vote on the compensation of the Company's named executive officers at the 2026-04-29 meeting.

“Shareholders approved, on an advisory and non-binding basis, the compensation of the Company’s named executive officers, as disclosed in the proxy statement. The votes regarding Proposal 3 were as follows: For Against Abstain Broker Non-Votes 59,589,296 1,096,350 264,965 6,365,125”
Shareholder Votes

BLACK HILLS CORP /SD/ shareholders approved Ratify the appointment of Deloitte & Touche LLP as independent registered public accounting firm for 2026 at the 2026-04-29 meeting.

“Shareholders approved a proposal to ratify the appointment of Deloitte & Touche LLP to serve as our independent registered public accounting firm for the year 2026. The votes regarding Proposal 2 were as follows: For Against Abstain Broker Non-Votes 66,181,234 1,028,970 105,532 —”
Shareholder Votes

BLACK HILLS CORP /SD/ shareholders approved Election of three Class II directors to serve for a three-year term expiring at the 2029 Annual Meeting at the 2026-04-29 meeting.

“The name of each director elected, and the votes cast for each such individual, are set forth below: Nominee For Withheld Broker Non-Votes Scott M. Prochazka 58,581,725 2,368,886 6,365,125 Teresa A. Taylor 57,824,353 3,126,258 6,365,125 Anne G. Waleski 60,223,646 726,965 6,365,125”
Governance Changes

BLACK HILLS CORP /SD/: Removed director age limit, added exclusive forum provisions for corporate-law and Securities Act suits in Pennington County, South Dakota (effective 2025-08-18).

“On August 18, 2025, prior to the execution of the Merger Agreement, the Black Hills Board adopted an amendment to Black Hills’ bylaws (the “ Bylaw Amendment ”). The Bylaw Amendment removes the age limit for directors as previously provided in Section 3. A modified retirement age provision was added to Black Hills’ Corporate Governance Guidelines at the same time. The Bylaw Amendment also adds a new Article X, which provides that, unless Black Hills consents in writing to the selection of an alternative forum, the federal and state courts located in Pennington County, South Dakota shall be the sole and exclusive forum for certain specified corporate-law based suits involving Black Hills. The Bylaw Amendment also provides for federal district court to be the sole and exclusive forum for the resolution of complaints arising under the Securities Act of 1933.”

Erik Keller resigned as Senior Vice President and Chief Information Officer at BLACK HILLS CORP /SD/.

“On January 31, 2025, Mr. Erik Keller announced his intention to resign as Senior Vice President and Chief Information Officer of Black Hills Corporation, a South Dakota corporation (“BKH”), effective February 28, 2025.”

Mark A. Schober departed as Director at BLACK HILLS CORP /SD/.

“On October 28, 2024, Mark A. Schober informed the Governance Committee of the Board of Directors of Black Hills Corporation (the “Company”) that he will not seek re-election at the end of his term and will retire at the 2025 Annual Meeting of Shareholders, scheduled to be held on April 23, 2025.”

Brian Iverson departed as Senior Vice President, General Counsel and Chief Compliance Officer at BLACK HILLS CORP /SD/.

“On August 9, 2024, Mr. Iverson informed BKH of his intent to depart on September 6, 2024 to accept a role outside of BKH.”
Earnings Releases

BLACK HILLS CORP /SD/ reported first quarter of 2024 results: net income $127.9, EPS $1.87. Guidance reaffirmed.

“On May 8, 2024, Black Hills Corporation ("the Company") issued a press release announcing financial results for the first quarter of 2024.”
Shareholder Votes

BLACK HILLS CORP /SD/ shareholders approved Advisory approval of the compensation of named executive officers at the 2024-04-23 meeting.

“Shareholders approved, on an advisory and non-binding basis, the compensation of the Company’s named executive officers, as disclosed in the proxy statement. The votes regarding Proposal 3 were as follows: For Against Abstain Broker Non-Votes 53,514,178 1,535,455 285,877 5,282,197”
Shareholder Votes

BLACK HILLS CORP /SD/ shareholders approved Ratify the appointment of Deloitte & Touche LLP as independent registered public accounting firm for 2024 at the 2024-04-23 meeting.

“Shareholders approved a proposal to ratify the appointment of Deloitte & Touche LLP to serve as our independent registered public accounting firm for the year 2024. The votes regarding Proposal 2 were as follows: For Against Abstain Broker Non-Votes 59,476,065 1,028,898 112,744 —”
Shareholder Votes

BLACK HILLS CORP /SD/ shareholders approved Election of three directors for a three-year term expiring in 2027 at the 2024-04-23 meeting.

“Shareholders elected three directors to serve for a three-year term to expire at the Annual Meeting of Shareholders in 2027, and until their successors shall be duly elected and qualified. The name of each director elected, and the votes cast for each such individual, are set forth below: Nominee For Withheld Broker Non-Votes Linden R. Evans 54,806,982 528,529 5,282,197 Barry M. Granger 54,311,379 1,024,132 5,282,197 Tony A. Jensen 54,703,750 631,761 5,282,197 Steven R. Mills 51,601,153 3,734,358 5,282,197”

Brian Iverson departed as Senior Vice President, General Counsel and Chief Compliance Officer at BLACK HILLS CORP /SD/.

“On April 24, 2024, Mr. Brian Iverson announced his intention to retire as Senior Vice President, General Counsel and Chief Compliance Officer of Black Hills Corporation.”
Earnings Releases

BLACK HILLS CORP /SD/ reported for the third quarter of 2023 results: net income $45.4 million, EPS $0.67. Guidance reaffirmed.

“Black Hills Corp. Reports 2023 Third-Quarter Results and Reaffirms 2023 Earnings Guidance RAPID CITY, S.D. — Nov. 1, 2023 — Black Hills Corp. (NYSE: BKH) today announced financial results for the third quarter of 2023. Net income available for common stock and earnings per share for the three and nine months ended Sept. 30, 2023, compared to the three and nine months ended Sept. 30, 2022, were: Three Months Ended Sept. 30, Nine Months Ended Sept. 30, 2023 2022 2023 2022 (in millions, except per share amounts) Net income available for common stock $ 45.4 $ 35.0 $ 182.5 $ 185.9 Earnings per share, Diluted $ 0.67 $ 0.54 $ 2.74 $ 2.86”
Material Agreements

BLACK HILLS CORP /SD/ entered into Underwriting Agreement with representatives of the several underwriters valued at $450 million (effective 2023-09-06).

“On September 6, 2023, Black Hills Corporation (the “ Company ” or “ we ”) entered into an Underwriting Agreement by and between the Company and the representatives of the several underwriters named in Schedule A thereto (the “ Underwriting Agreement ”), pursuant to which the Company has agreed to issue and sell and the underwriters have severally agreed to purchase an aggregate principal amount of $450 million of its 6.150% Notes due 2034 (the “ Notes ”).”
Earnings Releases

BLACK HILLS CORP /SD/ reported six months ended June 30, 2023 results: net income $ 137.1, EPS $ 2.06. Guidance reaffirmed.

“Net income available for common stock and earnings per share for the three and six months ended June 30, 2023, compared to the three and six months ended June 30, 2022, were: Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 (in millions, except per share amounts) Net income available for common stock $ 23.1 $ 33.4 $ 137.1 $ 150.9 Earnings per share, Diluted $ 0.35 $ 0.52 $ 2.06 $ 2.33”
Earnings Releases

BLACK HILLS CORP /SD/ reported three months ended June 30, 2023 results: net income $ 23.1, EPS $ 0.35. Guidance reaffirmed.

“Net income available for common stock and earnings per share for the three and six months ended June 30, 2023, compared to the three and six months ended June 30, 2022, were: Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 (in millions, except per share amounts) Net income available for common stock $ 23.1 $ 33.4 $ 137.1 $ 150.9 Earnings per share, Diluted $ 0.35 $ 0.52 $ 2.06 $ 2.33”
Material Agreements

BLACK HILLS CORP /SD/ terminated Amended and Restated Equity Distribution Sales Agreement with unknown valued at Previous Sales Agreement terminated; approximately $260 million of shares issued and sold (effective 2023-06-16).

“On June 16, 2023, the Company terminated the Previous Sales Agreement in connection with the entry into the Sales Agreement discussed above under Item 1.01. Approximately $260 million of shares of common stock were issued and sold under the Previous Sales Agreement.”
Material Agreements

BLACK HILLS CORP /SD/ entered into Equity Distribution Sales Agreement with Bank of Montreal, Bank of America, N.A., MUFG Securities EMEA plc, Mizuho Markets Americas LLC, Royal Bank of Canada valued at up to $400,000,000 aggregate offering price (effective 2023-06-16).

“the Company filed a new shelf Registration Statement on Form S-3 on June 16, 2023 (Registration No. 333-272739) (the “ Shelf ”) and entered into a new Equity Distribution Sales Agreement on June 16, 2023 (the “ Sales Agreement ”) by and among (a) the Company, (b) each of Bank of Montreal, Bank of America, N.A., MUFG Securities EMEA plc, Mizuho Markets Americas LLC, and Royal Bank of Canada (each a “ Forward Purchaser ” and together, the “ Forward Purchasers ”), (c) each of BMO Capital Markets Corp., BofA Securities, Inc., MUFG Securities Americas Inc., Mizuho Securities USA LLC, and RBC Capital Markets, LLC (each in its capacity as sales agent and/or principal, an “ Agent ” and together, the “ Agents ”), and (d) each of BMO Capital Markets Corp., BofA Securities, Inc., MUFG Securities Americas Inc., Mizuho Securities USA LLC, and RBC Capital Markets, LLC (each in its capacity as agent for its affiliated Forward Purchaser (each, a “ Forward Seller ” and together, the “ Forward Sellers ””

Marne M. Jones was appointed as Senior Vice President - Utilities at BLACK HILLS CORP /SD/.

“On June 14, 2023, the Company announced that the Board of Directors appointed Marne M. Jones as the Senior Vice President - Utilities effective June 15, 2023.”
Earnings Releases

BLACK HILLS CORP /SD/ reported first quarter of 2023 results: net income $114.1, EPS $1.73. Guidance reaffirmed.

“Black Hills Corp. (NYSE: BKH) today announced financial results for the first quarter of 2023. Net income available for common stock and earnings per share for the three months ended March 31, 2023, compared to the three months ended March 31, 2022, was: Three Months Ended March 31, 2023 2022 (in millions, except per share amounts) Net income available for common stock $ 114.1 $ 117.5 Earnings per share, Diluted $ 1.73 $ 1.82 Earnings of $1.73 per share for the first quarter benefited from new rates and rider recovery, a planned gain on the sale of the Northern Iowa Windpower assets, customer growth, wholesale energy sales and favorable weather. Results reflected higher year-over-year operating expenses and interest expense, mark-to-market losses driven by lower natural gas prices and the impact from new shares issued. “Our team delivered solid operational and financial results for the quarter and advanced our regulatory and growth initiatives,” said Linn Evans, president and CEO of Bl”
Governance Changes

BLACK HILLS CORP /SD/: Amended and restated the bylaws effective immediately, including updates related to universal proxy rules, meeting conduct and adjournment, and conforming changes to South Dakota law (effective 2023-04-24).

“On April 24, 2023, the Company’s Board of Directors approved an amendment and restatement of the Company’s Amended and Restated Bylaws (as further amended and restated, the “Restated Bylaws”), effective immediately.”
Shareholder Votes

BLACK HILLS CORP /SD/ shareholders approved Advisory vote on frequency of future Say-on-Pay votes at the 2023-04-25 meeting.

“4. Shareholders recommended, on an advisory and non-binding basis, the future advisory votes on executive compensation be held annually. The votes regarding Proposal 4 were as follows: 1 Year 2 Years 3 Years Abstain Broker Non-Votes 54,811,983 154,945 1,157,744 144,092 4,347,222”
Shareholder Votes

BLACK HILLS CORP /SD/ shareholders approved Advisory vote on executive compensation (Say-on-Pay) at the 2023-04-25 meeting.

“3. Shareholders approved, on an advisory and non-binding basis, the compensation of the Company’s named executive officers, as disclosed in the proxy statement. The votes regarding Proposal 3 were as follows: For Against Abstain Broker Non-Votes 54,851,457 1,155,134 262,173 4,347,222”
Shareholder Votes

BLACK HILLS CORP /SD/ shareholders approved Ratification of appointment of Deloitte & Touche LLP as independent auditor for 2023 at the 2023-04-25 meeting.

“2. Shareholders approved a proposal to ratify the appointment of Deloitte & Touche LLP to serve as our independent registered public accounting firm for the year 2023. The votes regarding Proposal 2 were as follows: For Against Abstain Broker Non-Votes 59,636,311 890,583 89,092 —”
Shareholder Votes

BLACK HILLS CORP /SD/ shareholders approved Election of three directors to serve for three-year terms at the 2023-04-25 meeting.

“1. Shareholders elected three directors to serve for a three-year term to expire at the Annual Meeting of Shareholders in 2025, and until their successors shall be duly elected and qualified. The name of each director elected, and the votes cast for each such individual, are set forth below: Nominee For Withheld Broker Non-Votes Scott M. Prochazka 55,904,320 364,445 4,347,222 Rebecca B. Roberts 54,251,820 2,016,945 4,347,222 Teresa A. Taylor 55,308,880 959,884 4,347,222”
Material Agreements

BLACK HILLS CORP /SD/ entered into New Supplemental Indenture.

“Each of the Underwriting Agreement and the New Supplemental Indenture contains representations and warranties, covenants and other terms that are customary for such kinds of agreements.”
Material Agreements

BLACK HILLS CORP /SD/ entered into Underwriting Agreement.

“Each of the Underwriting Agreement and the New Supplemental Indenture contains representations and warranties, covenants and other terms that are customary for such kinds of agreements.”
Earnings Releases

BLACK HILLS CORP /SD/ reported 2023 results: EPS $3.65 to $3.85.

“Revised 2023 EPS guidance range of $3.65 to $3.85”
Earnings Releases

BLACK HILLS CORP /SD/ reported Twelve Months Ended Dec. 31, 2022 results: net income $258.4 million, EPS $3.97.

“Net income available for common stock $ 72.5 $ 71.2 $ 258.4 $ 236.7 Earnings per share, Diluted $ 1.11 $ 1.11 $ 3.97 $ 3.74”
Earnings Releases

BLACK HILLS CORP /SD/ reported Three Months Ended Dec. 31, 2022 results: net income $72.5 million, EPS $1.11.

“Net income available for common stock $ 72.5 $ 71.2 $ 258.4 $ 236.7 Earnings per share, Diluted $ 1.11 $ 1.11 $ 3.97 $ 3.74”
Earnings Releases

BLACK HILLS CORP /SD/ reported the nine months ended Sept. 30, 2022 results: net income $185.9, EPS $2.86. Guidance reaffirmed.

“Net income for the three and nine months ended Sept. 30, 2022, compared to the three and nine months ended Sept. 30, 2021, was: Three Months Ended Sept. 30, Nine Months Ended Sept. 30, 2022 2021 2022 2021 (in millions, except per share amounts) Income EPS Income EPS Income EPS Income EPS Net income $ 35.0 $ 0.54 $ 44.1 $ 0.70 $ 185.9 $ 2.86 $ 165.6 $ 2.63”
Earnings Releases

BLACK HILLS CORP /SD/ reported the three months ended Sept. 30, 2022 results: net income $35.0, EPS $0.54. Guidance reaffirmed.

“Net income for the three and nine months ended Sept. 30, 2022, compared to the three and nine months ended Sept. 30, 2021, was: Three Months Ended Sept. 30, Nine Months Ended Sept. 30, 2022 2021 2022 2021 (in millions, except per share amounts) Income EPS Income EPS Income EPS Income EPS Net income $ 35.0 $ 0.54 $ 44.1 $ 0.70 $ 185.9 $ 2.86 $ 165.6 $ 2.63”

Kimberly F. Nooney was appointed as Senior Vice President, Chief Financial Officer and Treasurer at BLACK HILLS CORP /SD/.

“the Board of Directors appointed Kimberly F. Nooney as the Senior Vice President, Chief Financial Officer and Treasurer effective April 1, 2023.”

Richard W. Kinzley departed as Senior Vice President and Chief Financial Officer at BLACK HILLS CORP /SD/.

“the Company announced that Richard W. Kinzley, Senior Vice President and Chief Financial Officer, will retire from the Company in mid-2023.”

Stuart A. Wevik retired as Senior Vice President – Utility Operations at BLACK HILLS CORP /SD/.

“On September 15, 2021, Stuart A. Wevik, Senior Vice Present – Utility Operations, of Black Hills Corporation, submitted notice of his intention to retire after 36 years of service to the company.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.