Company profile

Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Former names
Black Hills Corp
SEC CIK

Calendar

5 May 20
2 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 71.61M 65.91M 77.02M 69.25M
Net income 13.34M 7.51M 13.74M 10.15M
Net profit margin 18.62% 11.40% 17.84% 14.65%
Operating income 21.19M 19.98M 22M 17.31M
Net change in cash 0 1K 0 0
Cash on hand 6K 6K 5K 5K
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 291.22M 298.08M 288.43M 267.63M
Net income 46.9M 45.65M 51.3M 45.14M
Net profit margin 16.11% 15.31% 17.79% 16.87%
Operating income 83.94M 78.34M 83.83M 85.58M
Net change in cash -106K 96K -218K -63K
Cash on hand 6K 112K 16K 234K

Financial data from company earnings reports

13F holders
Current Prev Q Change
Total holders 306 305 +0.3%
Opened positions 40 48 -16.7%
Closed positions 39 44 -11.4%
Increased positions 106 98 +8.2%
Reduced positions 92 87 +5.7%
13F shares
Current Prev Q Change
Total value 4.07B 4.21B -3.2%
Total shares 53.09M 53.83M -1.4%
Total puts 0 0
Total calls 5.5K 16.01K -65.6%
Total put/call ratio
Largest owners
Shares Value Change
BLK BlackRock 8.48M $650.58M -2.9%
Vanguard 6.78M $520.32M -3.2%
STT State Street 4.75M $364.78M -6.9%
Wellington Management 2.91M $223.44M -0.8%
Renaissance Technologies 1.39M $106.65M +12.7%
Alliancebernstein 1.35M $103.79M +3.1%
NTRS Northern Trust 1.33M $101.94M +9.5%
BEN Franklin Resources 1.24M $95.23M -12.9%
MCQEF Macquarie 1.15M $87.92M +4.3%
JHG Janus Henderson 983.46K $75.46M +5.3%
Largest transactions
Shares Bought/sold Change
STT State Street 4.75M -351.45K -6.9%
Acadian Asset Management 260.57K +260.57K NEW
BLK BlackRock 8.48M -254.2K -2.9%
Vanguard 6.78M -226.78K -3.2%
BEN Franklin Resources 1.24M -184.12K -12.9%
United Services Automobile Association 0 -176.51K EXIT
Wedge Capital Management L L P 0 -166.91K EXIT
Aqr Capital Management 324.48K +165.6K +104.2%
Canada Pension Plan Investment Board 590.34K -163.06K -21.6%
Charles Schwab Investment Management 628.45K +158.82K +33.8%

Financial report summary

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Risks
  • Our continued success is dependent on execution of our strategic business plans and growth strategy.
  • We may be subject to unfavorable federal and state regulatory outcomes.
  • We may be subject to future laws, regulations, or actions associated with fossil-fuel generation and GHG emissions.
  • Our financial performance depends on the successful management of our facilities operations, including ongoing operation, construction, expansion, and refurbishment.
  • Our energy production, transmission and distribution activities involve numerous risks that may result in accidents and other catastrophic events.
  • Customer growth and usage in our service territories may fluctuate with current economic conditions, emerging technologies or responses to price increases.
  • Cyberattacks, terrorism, or other malicious acts could disrupt our operations, or lead to a loss or misuse of confidential and proprietary information.
  • Risks associated with deployment of capital may impact our ability to execute our business plans and growth strategy.
  • Weather conditions may cause fluctuation in customer usage as well as service disruptions.
  • We may be subject to increased risks of regulatory penalties.
  • Municipal governments may seek to limit or deny our franchise privileges.
  • A sub-investment grade credit rating could impact our ability to access capital markets.
  • Market performance or changes in key valuation assumptions could require us to make significant unplanned contributions to our pension plans and other postretirement benefit plans.
  • We may be unable to obtain financing on reasonable terms needed to refinance debt, fund planned capital expenditures or otherwise execute our operating strategy.
  • National and regional economic conditions may cause increased counterparty credit risk, late payments and uncollectible accounts.
  • Our ability to obtain insurance and the terms of any available insurance coverage could be adversely affected by international, national, state or local events and company-specific events, as well as the financial condition of insurers. Our insurance coverage may not provide protection against all significant losses.
  • Costs associated with our healthcare plans and other benefits could increase significantly.
  • An effective system of internal control may not be maintained, leading to material weaknesses in internal control over financial reporting.
  • The costs to achieve or maintain compliance with existing or future governmental laws, regulations or requirements, or failure to comply, could increase significantly.
Management Discussion
  • Our discussion and analysis for the year ended December 31, 2019 compared to 2018 is included herein. For discussion and analysis for the year ended December 31, 2018 compared to 2017, please refer to Item 7 of Part II, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the year ended December 31, 2018, which was filed with the SEC on February 20, 2019.
  • All amounts are presented on a pre-tax basis unless otherwise indicated.
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