Black Hills Corp. Announces Investor Meetings and Reaffirms Guidance

Rhea-AI Summary

Black Hills Corp. (BKH) reaffirms its 2024 earnings guidance range of $3.80 to $4.00 per share and announces senior leadership team meetings with investors in March, including participation in a key conference. The company aims to discuss guidance, growth targets, capital plan, regulatory updates, and other business factors.

RAPID CITY, S.D., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that members of its senior leadership team are scheduled to meet with investors in March, including participation in the Siebert Williams Shank West Coast Utilities Conference on March 20-21, 2024.

Black Hills reaffirms its 2024 earnings guidance range of $3.80 to $4.00 per share as most recently issued on Feb. 8, along with updated assumptions on that date, and notes that leadership will be available during the upcoming investor conferences to discuss its guidance, long-term growth targets, updated capital plan, regulatory updates and other factors relating to its business.

Supporting materials for these meetings will be available on the Black Hills Corp. website at www.blackhillscorp.com under the “Investor Relations” section prior to the meetings.

Black Hills Corporation
Black Hills Corp. (NYSE: BKH) is a customer focused, growth-oriented utility company with a tradition of improving life with energy and a vision to be the energy partner of choice. Based in Rapid City, South Dakota, the company serves 1.34 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming. More information is available at www.blackhillscorp.com.

Investor Relations
Jerome E. Nichols
605-721-1171
jerome.nichols@blackhillscorp.com

24-Hour Media Relations Line
888-242-3969

Caution Regarding Forward Looking Statement
This news release includes “forward-looking statements” as defined by the Securities and Exchange Commission, or SEC. We make these forward-looking statements in reliance on the safe harbor protections provided under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this news release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future are forward looking statements, including our earnings guidance. These forward-looking statements are based on assumptions which we believe are reasonable based on current expectations and projections about future events and industry conditions and trends affecting our business. However, whether actual results and developments will conform to our expectations and predictions is subject to a number of risks and uncertainties that, among other things, could cause actual results to differ materially from those contained in the forward-looking statements, the risk factors described in Item 1A of Part I of our 2023 Annual Report on Form 10-K filed with the SEC, and other reports that we file with the SEC from time to time.

New factors that could cause actual results to differ materially from those described in forward looking statements emerge from time-to-time, and it is not possible for us to predict all such factors, or the extent to which any such factor or combination of factors may cause actual results to differ from those contained in any forward-looking statement. We assume no obligation to update publicly any such forward-looking statements, whether as a result of new information, future events or otherwise.

FAQ

What is Black Hills Corp.'s (BKH) 2024 earnings guidance range?

Black Hills Corp. (BKH) reaffirms its 2024 earnings guidance range of $3.80 to $4.00 per share.

When are members of Black Hills Corp.'s senior leadership team scheduled to meet with investors?

Members of Black Hills Corp.'s senior leadership team are scheduled to meet with investors in March.

In which conference will Black Hills Corp. participate on March 20-21, 2024?

Black Hills Corp. will participate in the Siebert Williams Shank West Coast Utilities Conference on March 20-21, 2024.

Where can investors find supporting materials for the upcoming meetings with Black Hills Corp.'s leadership team?

Investors can find supporting materials on the Black Hills Corp. website at www.blackhillscorp.com under the 'Investor Relations' section.

How many natural gas and electric utility customers does Black Hills Corp. serve?

Black Hills Corp. serves 1.34 million natural gas and electric utility customers in eight states.