Every material Form 8-K Black Hills filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Black Hills Corp. reported third-quarter 2024 net income available for common stock of $24.4 million, down from $45.4 million a year earlier, and diluted EPS of $0.35 versus $0.67. Revenue was $401.6 million compared with $407.1 million, and the company reaffirmed its 2024 EPS guidance of $3.80 to $4.00 per share, which it says it is on track to achieve.
Q3 2024 diluted EPS was $0.35, versus $0.67 in Q3 2023; net income available for common stock was $24.4 million versus $45.4 million.
Q3 2024 revenue was $401.6 million, versus $407.1 million; nine-month diluted EPS was $2.52, versus $2.74.
2024 EPS guidance of $3.80 to $4.00 was reaffirmed, with the company citing higher operating expenses, unplanned generation outages and higher interest expense as pressures on earnings.
Black Hills completed its planned 2024 equity issuance, raising $182 million year to date, and ended the quarter at its 55% debt long-term capitalization target.
Black Hills director Mark A. Schober told the Governance Committee on October 28, 2024 that he will retire at the 2025 Annual Meeting of Shareholders, scheduled for April 23, 2025, rather than seek re-election. The filing states his decision does not relate to any disagreement with the company, management, or the board on its operations, policies, or practices.
Retirement effective on the 2025 Annual Meeting date, April 23, 2025
Schober served 9 years on the Board and various committees
He served 5 years as Audit Committee Chair
Filing states no disagreements with the company, management, or board
Black Hills announced that Senior Vice President, General Counsel and Chief Compliance Officer Brian Iverson will depart on September 6, 2024, to accept a role outside the company. The company's search for a successor is ongoing, and the filing does not name a replacement.
Brian Iverson, SVP, General Counsel and Chief Compliance Officer, informed the company on August 9, 2024 of his intent to depart September 6, 2024
Iverson first disclosed his planned retirement on April 24, 2024, with departure no later than October 1, 2024 after a successor was appointed
The company's search for a successor is ongoing; no replacement is named in the filing
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Black Hills filing is on SEC EDGAR ↗. 8-K briefs of other companies →