About the company
Black Hills Corporation, headquartered in Rapid City, South Dakota, is a prominent energy company operating across various segments in the United States. With its diversified portfolio, the company caters to a wide range of customers including residential, commercial, industrial, and municipal consumers. Black Hills Corp operates through four main business segments: Electric Utilities, Gas Utilities, Power Generation, and Mining. The Electric Utilities segment focuses on providing reliable and affordable electric services to customers. It operates in multiple states within the Midwest and mountain regions, including South Dakota, Wyoming, Colorado, and Nebraska. With a strong emphasis on customer satisfaction, the Electric Utilities segment prioritizes grid resilience and actively invests in modernization projects to enhance the reliability and efficiency of its services. The Gas Utilities segment of Black Hills Corp delivers natural gas to customers in several states, primarily serving residential and commercial consumers. The company's gas distribution systems ensure a consistent and cost-effective supply of natural gas, which is widely used for heating, cooking, and other applications. Black Hills Corp manages its gas utilities with the utmost focus on safety measures and environmental stewardship. In addition to its regulated electric and gas businesses, Black Hills Corp has a Power Generation segment. This segment primarily focuses on the production of electric power through its various facilities. These facilities employ a range of energy sources, including natural gas, coal, and renewable energy. The Power Generation segment contributes to the overall electric capacity of the company and helps meet the growing energy demands across its service territories. Black Hills Corp is also involved in the Mining segment, which primarily operates in Wyoming. The company engages in the extraction of coal, primarily used for electricity generation. As demand for cleaner energy sources grows, the Mining segment of Black Hills Corp has adapted its operations to align with evolving environmental standards and has actively diversified its energy portfolio to include renewable energy sources. The majority of Black Hills Corp's revenue is derived from its utility business group, particularly its electric utilities. By providing essential services and maintaining a strong customer base, the company ensures stable and consistent earnings. However, Black Hills Corp acknowledges the rapidly changing energy landscape, and as such, it continues to invest in renewable energy projects, such as wind and solar, to diversify its energy portfolio and align with the increasing demand for sustainable energy solutions. With its commitment to environmental stewardship, innovation, and customer satisfaction, Black Hills Corp has positioned itself as a key player in the energy sector. By embracing emerging technologies and investing in infrastructure improvements, the company strives to meet the evolving energy needs of its diverse customer base while remaining environmentally conscious and sustainable.
Website: https://ir.blackhillscorp.com
Data updated: June 2, 2026
