Black Hills Corp (NYSE:BKH)

Black Hills Corp operates a utilities firm that focuses on owning and operating various segments, including power generation, regulated electric utilities, mining, and regulated gas utilities.

These segments are conducting their operations in the Midwest and mountain regions in the United States. The company provides its services to industrial, commercial, residential, and municipal customers.

Black Hills Corp provides its services to nearly 1.3 million natural gas and electric utility customers across eight states, including Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.

The company’s headquarters is in Rapid City, South Dakota. Black Hills Corp trades on the New York Stock Exchange Market (NYSE), under the ticker symbol ‘BKH’.

In the Midwest, the company transfers natural gas and electricity to customers and businesses through the help of its pipelines and power lines. Its pipeline projects include the Cedaredge Colorado pipeline upgrade, Glenwood Springs, Colorado pipeline relocation, Colorado, natural gas line update, Kansas natural gas line update, Wolf Creek Storage Field update, a project in Laramie, Wyoming, natural gas meter replacements in Lincoln, Nevada and more.

Black Hills Corp bought SourceGas on February 12, 2016, which is a natural gas utility company that provides its services in Arkansas, Colorado, Nebraska, and Wyoming. This company also owns and operates a 512-mile regulated intrastate natural gas transmission pipeline in Colorado. The company is committed to delivering guaranteed appliance repair service in Kansas, Colorado, Iowa, and Nebraska.

Black Hills Corp is known as a diversified energy company because it operates non-regulated businesses other than utility businesses, that help in generating wholesale electricity. Wyodak Resources Development Corporation is a subsidiary of Black Hills Corporation that has been operating since 1923 and is known as the oldest coal mine in the Powder River Basin, situated in Gillette, Wyoming.

It operates a surface coal mine in the United States. Black Hills Electric Generation develops power from company-owned facilities and has a capacity of more than 1,000 megawatts.