BKH

Over the past six months, Black Hills Corp. stock has seen several notable events. The stock price increased by 28.79% over the last 12 months and 1.84% over the last four weeks. Key events include the merger announcement with NorthWestern Energy, aiming to create a premier regional utility, with favorable shareholder votes and regulatory settlements. The Q1 2026 earnings report reaffirmed 2026 earnings guidance, with GAAP earnings per share of $1.73. Microsoft's announcement to purchase land in Cheyenne, Wyoming, for data center development has positioned Black Hills as a potential beneficiary of surging AI infrastructure demand. Black Hills increased its quarterly dividend to $0.703 per share, marking 56 consecutive years of increases. The company filed rate review requests in South Dakota Electric and Wyoming to recover critical investments.