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Upturn AI SWOT - About
BKH 
Black Hills Corporation (BKH)
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Upturn Advisory Summary
10/13/2025: 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 -21.86% | Avg. Invested days 32 | 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 10/13/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.40B USD | Price to earnings Ratio 15.26 | 1Y Target Price 68.5 |
Price to earnings Ratio 15.26 | 1Y Target Price 68.5 | ||
Volume (30-day avg) 6 | Beta 0.71 | 52 Weeks Range 53.16 - 63.40 | Updated Date 10/12/2025 |
52 Weeks Range 53.16 - 63.40 | Updated Date 10/12/2025 | ||
Dividends yield (FY) 4.39% | Basic EPS (TTM) 3.96 |
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 15.26 | Forward PE 13.64 | Enterprise Value 8721907428 | Price to Sales(TTM) 1.96 |
Enterprise Value 8721907428 | Price to Sales(TTM) 1.96 | ||
Enterprise Value to Revenue 3.89 | Enterprise Value to EBITDA 10.77 | Shares Outstanding 72856550 | Shares Floating 72453970 |
Shares Outstanding 72856550 | Shares Floating 72453970 | ||
Percent Insiders 0.52 | Percent Institutions 88.15 |
Upturn AI SWOT
Black Hills Corporation
Company Overview
History and Background
Black Hills Corporation (BKH) was founded in 1941 as Black Hills Power and Light Company. Initially focused on providing electricity to the Black Hills region of South Dakota, it has grown through acquisitions and organic expansion to become a diversified energy company. Significant milestones include expansion into natural gas distribution and power generation across several states.
Core Business Areas
- Electric Utilities: Generates, transmits, and distributes electricity to approximately 219,000 customers in South Dakota, Wyoming, Colorado, and Montana.
- Gas Utilities: Distributes natural gas to approximately 341,000 customers in South Dakota, Nebraska, Wyoming, and Colorado.
- Power Generation: Owns and operates power generation facilities, including coal, natural gas, and renewable energy sources.
Leadership and Structure
The company is led by a board of directors and a senior management team. The organizational structure is divisional, with separate business units for electric utilities, gas utilities, and power generation. Linn Evans is the current CEO.
Top Products and Market Share
Key Offerings
- Electricity Distribution: Provides electricity to residential, commercial, and industrial customers. Market share varies by region but generally holds a strong position within its service territories. Competitors depend on region, but can include Xcel Energy (XEL), and local cooperatives.
- Natural Gas Distribution: Distributes natural gas to residential, commercial, and industrial customers. Holds a significant market share within its service territories. Competitors include Atmos Energy (ATO) and local municipal utilities.
- Power Generation: Generates electricity from coal, natural gas, and renewables, selling power to utilities and wholesale markets. Competitors in power generation include large independent power producers.
Market Dynamics
Industry Overview
The utility industry is undergoing significant changes due to increasing demand for renewable energy, aging infrastructure, and regulatory pressures. There is also growing emphasis on energy efficiency and grid modernization.
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, a diversified energy mix, and a commitment to infrastructure investment.
Total Addressable Market (TAM)
The TAM for utilities in BKH's operating regions is substantial, encompassing electricity and natural gas services. BKH captures a significant portion through its regulated utilities, with potential for further growth in renewable energy and infrastructure upgrades.
Upturn SWOT Analysis
Strengths
- Regulated utility operations provide stable earnings
- Diversified energy mix reduces risk
- Strong regional presence and brand recognition
- Commitment to infrastructure investment
- Growing renewable energy portfolio
Weaknesses
- Exposure to commodity price fluctuations
- Dependence on regulatory approvals
- Capital-intensive business
- Limited geographic diversification
Opportunities
- Expansion of renewable energy generation
- Investments in grid modernization
- Acquisitions of other utility companies
- Increased demand for natural gas in transportation and industrial sectors
Threats
- Changes in environmental regulations
- Competition from alternative energy sources
- Economic downturns affecting customer demand
- Rising interest rates increasing financing costs
- Cybersecurity threats to critical infrastructure
Competitors and Market Share
Key Competitors
- Xcel Energy (XEL)
- Atmos Energy (ATO)
- NorthWestern Energy (NWE)
Competitive Landscape
Black Hills Corporation competes with larger, more diversified utilities and smaller regional players. Its competitive advantages include a strong regional presence and a diversified energy mix. Disadvantages include a smaller scale and limited geographic diversification. The overall market share of these competitors is estimated based on the territories they operate in, overlapping with BKH's service areas.
Major Acquisitions
SourceGas Holdings
- Year: 2016
- Acquisition Price (USD millions): 1800
- Strategic Rationale: Expanded natural gas distribution operations into Arkansas, Oklahoma, and Texas, providing access to new markets and customer bases.
Growth Trajectory and Initiatives
Historical Growth: Black Hills Corporation has achieved growth through acquisitions and organic expansion of its regulated utilities.
Future Projections: Analyst estimates suggest continued growth driven by infrastructure investments and renewable energy projects.
Recent Initiatives: Recent initiatives include investments in renewable energy projects and grid modernization programs.
Summary
Black Hills Corporation is a stable, diversified energy company focused on regulated utilities. Its strengths lie in its regional presence, diversified energy mix, and commitment to infrastructure. Challenges include regulatory pressures and commodity price exposure. Future growth depends on renewable energy expansion and infrastructure investments.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Black Hills Corporation Investor Relations
- SEC Filings
- Analyst Reports
- Industry Associations
Disclaimers:
This analysis is based on publicly available information and should not be considered financial advice. Investment decisions should be based on individual due diligence and consultation with a financial professional.
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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