Erik Keller
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.
Highest-materiality recent filing
NorthWestern Q1 net income down 18% YoY; merger with Black Hills on track for H2 2026
NorthWestern Q1 2026 net income $63.5M ($1.03 diluted EPS) vs $76.9M ($1.25) YoY.
Black Hills reports Q1 EPS $1.73, reaffirms FY26 guidance, updates on merger and data center
GAAP EPS $1.73, adjusted EPS $1.79; net income $131.0M vs $134.3M YoY.
Black Hills, NorthWestern shareholders approve merger; new name Bright Horizon Energy
Shareholders approved stock issuance for merger (59.8M for, 1.5M against).
Black Hills issues pro forma Merger financials: rev $3.9B, EPS $3.22
Pro forma combined revenue $3,921M, net income $429M, basic EPS $3.22 for year ended Dec 31, 2025.
Black Hills Corp FY2025 GAAP EPS $3.98; 2026 adj. EPS guidance $4.25-$4.45
Full-year 2025 GAAP EPS of $3.98, adjusted EPS of $4.10 (at midpoint of guidance).
Black Hills Q3 adjusted EPS $0.45, up 29% YoY; reaffirms FY2025 guidance $4.00-$4.20
GAAP EPS $0.34 vs $0.35 YoY; net income $24.9M vs $24.4M.
Black Hills issues $450M of 4.550% Notes due 2031 to refinance $300M 2026 notes
Aggregate principal of $450M, interest 4.550%, maturing January 31, 2031.
Black Hills files NWE audited and Q2 2025 financials for pending all-stock merger
NWE H1 2025 net income $98.168M ($1.60 diluted EPS) vs $96.740M ($1.58) in 2024.
Black Hills to merge with NorthWestern Energy in all-stock deal valued at ~$7.8B market cap
All-stock merger; NorthWestern shareholders receive 0.98 shares of Black Hills per share; Black Hills shareholders own ~56% of combined company.
Black Hills Corporation (BKH) enters into all-stock merger agreement with NorthWestern Energy Group
Brian B. Bird, formerly NorthWestern's CEO, will become CEO of combined company; Linden R. Evans will retire.
Black Hills Corp Q2 2025 EPS $0.38, up 15% YoY; reaffirms FY guidance $4.00-$4.20
Diluted EPS $0.38 vs $0.33 in Q2 2024; net income $27.5M vs $22.8M; revenue $439M vs $402.6M.
Black Hills Q1 EPS $1.87 flat YoY; reaffirms FY2025 guidance $4.00-$4.20
Q1 diluted EPS $1.87, flat YoY; net income $134.3M vs $127.9M; revenue $805.2M (+11%).
Black Hills Q4 EPS $1.37; FY EPS $3.91; 2025 guidance $4.00–$4.20; dividend up 4%
Q4 2024 diluted EPS $1.37; full-year EPS $3.91 (flat YoY); net income $273.1M vs $262.2M.
Black Hills Q3 EPS $0.35 vs $0.67 YoY; reaffirms FY2024 guidance $3.80-$4.00
Net income $24.4M ($0.35 diluted EPS) vs $45.4M ($0.67) Q3 2023; revenue $401.6M down from $407.1M.
Black Hills Q2 EPS $0.33 vs $0.35; reaffirms FY guidance $3.80-$4.00
Q2 diluted EPS $0.33 ($22.8M net income) vs $0.35 ($23.1M) last year; YTD EPS $2.19 (+6% from $2.06).
Black Hills Q1 EPS $1.87 beats $1.73 YoY; reaffirms FY24 guidance $3.80-$4.00
Net income $127.9M, up from $114.1M; diluted EPS $1.87 vs $1.73 (+8%) from new rates and lower opex.
Black Hills beats FY2023 EPS guidance ($3.91 actual vs $3.65-$3.85); initiates 2024 EPS $3.80-$4.00
Q4 2023 net income $79.6M (diluted EPS $1.17); FY net income $262.2M (EPS $3.91) vs $258.4M ($3.97) in 2022.
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.
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.
On August 9, 2024, Mr. Iverson informed BKH of his intent to depart on September 6, 2024 to accept a role outside of BKH.
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.
Max materiality 0.95 · Median 0.60 · Most common event earnings