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Upturn AI SWOT - About
BKH 
Black Hills Corporation (BKH)
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Upturn Advisory Summary
09/11/2025: BKH (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
6 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $68.5
1 Year Target Price $68.5
| 1 | Strong Buy |
| 1 | Buy |
| 3 | Hold |
| 1 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -22.66% | Avg. Invested days 29 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/11/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.33B USD | Price to earnings Ratio 14.86 | 1Y Target Price 68.5 |
Price to earnings Ratio 14.86 | 1Y Target Price 68.5 | ||
Volume (30-day avg) 6 | Beta 0.72 | 52 Weeks Range 53.16 - 63.40 | Updated Date 09/11/2025 |
52 Weeks Range 53.16 - 63.40 | Updated Date 09/11/2025 | ||
Dividends yield (FY) 4.56% | Basic EPS (TTM) 4 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 12.67% | Operating Margin (TTM) 18.79% |
Management Effectiveness
Return on Assets (TTM) 3.22% | Return on Equity (TTM) 8.17% |
Valuation
Trailing PE 14.86 | Forward PE 13.57 | Enterprise Value 8697136201 | Price to Sales(TTM) 1.93 |
Enterprise Value 8697136201 | Price to Sales(TTM) 1.93 | ||
Enterprise Value to Revenue 3.88 | Enterprise Value to EBITDA 10.74 | Shares Outstanding 72856600 | Shares Floating 72453970 |
Shares Outstanding 72856600 | Shares Floating 72453970 | ||
Percent Insiders 0.52 | Percent Institutions 86.15 |
Upturn AI SWOT
Black Hills Corporation
Company Overview
History and Background
Black Hills Corporation was founded in 1941 as Black Hills Power and Light Company. It has evolved from a local utility into a diversified energy company serving customers in South Dakota, Wyoming, Colorado, Montana, Kansas, Nebraska, and Arkansas. Significant milestones include acquisitions of other utilities and expansion into natural gas distribution and power generation.
Core Business Areas
- Electric Utilities: Generates, transmits, and distributes electricity to approximately 225,000 customers. Includes power generation from coal, natural gas, and renewable sources.
- Gas Utilities: Distributes natural gas to approximately 335,000 customers. Operates natural gas pipelines and storage facilities.
- Power Generation: Owns and operates power generation facilities, selling electricity into wholesale markets.
Leadership and Structure
The leadership team is headed by the CEO. The organizational structure includes divisions for electric utilities, gas utilities, and power generation, with corporate functions supporting these operations.
Top Products and Market Share
Key Offerings
- Electricity Distribution: Provides electricity distribution services to residential, commercial, and industrial customers. Market share varies by region, but Black Hills Corporation is a dominant provider in its service territories. Competitors include other regional utilities such as Xcel Energy in some areas.
- Natural Gas Distribution: Provides natural gas distribution services to residential, commercial, and industrial customers. Similar to electricity distribution, market share is high in its service areas. Competitors include other regional gas distributors like Atmos Energy in overlapping regions.
- Wholesale Power: Sells electricity generated from its power plants into wholesale markets. Revenue varies depending on market conditions and plant output. The wholesale power market is highly competitive.
Market Dynamics
Industry Overview
The utility industry is undergoing significant transformation due to increasing renewable energy adoption, regulatory changes, and aging infrastructure. There's a focus on grid modernization and decarbonization.
Positioning
Black Hills Corporation is positioned as a diversified energy company with a focus on regulated utilities. Its competitive advantages include a strong regional presence, diverse energy portfolio, and experience in navigating regulatory environments.
Total Addressable Market (TAM)
The total addressable market for utilities in the US is estimated in the hundreds of billions of dollars. Black Hills Corporation's TAM is limited to its service territories and the wholesale power market in those regions.
Upturn SWOT Analysis
Strengths
- Strong regional presence
- Diversified energy portfolio
- Regulated utility operations
- Experienced management team
- Stable customer base
Weaknesses
- Dependence on regulatory approvals
- Exposure to commodity price volatility
- Capital intensive operations
- Limited geographic diversification
Opportunities
- Growth in renewable energy demand
- Infrastructure modernization investments
- Expansion into new markets
- Acquisitions of smaller utilities
Threats
- Increasing regulatory scrutiny
- Rising interest rates
- Technological disruption (e.g., distributed generation)
- Economic downturns
- Climate change impacts
Competitors and Market Share
Key Competitors
- XEL
- NEE
- AEE
Competitive Landscape
Black Hills Corporation competes with larger utilities and smaller regional players. Its advantages include a strong regional focus and a diversified energy portfolio. Disadvantages include its smaller size and limited geographic reach compared to national players.
Major Acquisitions
SourceGas
- Year: 2016
- Acquisition Price (USD millions): 940
- Strategic Rationale: Expanded natural gas operations into Arkansas, Oklahoma, Texas, and western Missouri.
Growth Trajectory and Initiatives
Historical Growth: Black Hills Corporation has grown through acquisitions and organic expansion in its service territories.
Future Projections: Analysts project continued growth in revenue and earnings, driven by increasing demand for electricity and natural gas, as well as investments in renewable energy.
Recent Initiatives: Recent strategic initiatives include investments in renewable energy projects and infrastructure modernization programs.
Summary
Black Hills Corporation is a stable, diversified energy company with a strong regional presence. Its regulated utility operations provide a consistent stream of earnings and dividends. However, it faces challenges from regulatory scrutiny and commodity price volatility. Investments in renewable energy and infrastructure modernization are key to its future growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC filings, Company reports, Analyst reports, Industry publications
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Black Hills Corporation
Exchange NYSE | Headquaters Rapid City, SD, United States | ||
IPO Launch date 1984-09-07 | President, CEO & Director Mr. Linden R. Evans J.D. | ||
Sector Utilities | Industry Utilities - Regulated Gas | Full time employees 2841 | Website https://www.blackhillscorp.com |
Full time employees 2841 | Website https://www.blackhillscorp.com | ||
Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. The company operates in two segments: Electric Utilities and Gas Utilities. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 225,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming; and owns and operates 1,394 megawatts of generation capacity, and 9,106 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,128,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming; owns and operates 4,648 miles of intrastate gas transmission pipelines; 44,524 miles of gas distribution mains and service lines; seven natural gas storage sites; and approximately 50,000 horsepower of compression and 516 miles of gathering lines. It also constructs and maintains customer owned gas infrastructure facilities for gas transportation customers; and provides appliance repair services to residential utility customers, as well as electrical system construction services to large industrial customers. In addition, the company produces electric power through wind, natural gas, and coal-fired generating plants; and coal at its coal mine located near Gillette, Wyoming. Black Hills Corporation was incorporated in 1941 and is headquartered in Rapid City, South Dakota.
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