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Black Hills Corporation operates as an American utility firm, delivering both electric power and natural gas through its subsidiaries. Its business is organized into two primary divisions: Electric Utilities and Gas Utilities. The Electric Utilities segment is responsible for generating, transmitting, and distributing electricity to approximately 218,000 customers spanning Colorado, Montana, South Dakota, and Wyoming. This division manages 1,481.5 megawatts of power generation capacity and maintains 8,892 miles of electric transmission and distribution lines. Electric power generation is…
RAPID CITY, S.D. and BUTTE, Mont. and SIOUX FALLS, S.D., Oct. 22, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) and NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) today announced plans for the name and ticker symbol of the combined company in the event their proposed merger receives final, satisfactory regulatory approval and is completed. If the proposed merger is approved and completed, Black Hills Corp. will be renamed Bright Horizon Energy Corporation (“Bright Horizon Energy”), its common stock will trade on the New York Stock Exchange (NYSE) under the ticker symbol “HZN,” and NorthWestern Energy will become a wholly owned subsidiary of Bright Horizon Energy.
Black Hills signed agreements with Google to supply 2.7 gigawatts of power to its Wyoming data center campus through 2048. The deal could generate $150 million in annual net income by 2030.
Hotter-than-expected inflation sent stocks and crypto tumbling Wednesday, and Wall Street analysts wasted no time reshuffling their targets on Thursday, with major calls hitting Bank of America, Netflix, PayPal, and several energy giants all at once.
Black Hills Corporation (NYSE: BKH - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $73.17 and traded as high as $77.48. Black Hills shares last traded at $76.35, with a volume of 1,362,786 shares traded. Analyst Upgrades and Downgrades BKH has been