• Black Hills posted Q1 2026 adjusted EPS of $1.79, down from $1.87 a year earlier, with GAAP EPS at $1.73.
• Adjusted results reflected $0.05 per share of merger-related costs, while new rates and rider recovery added $0.24 per share.
• Company reaffirmed 2026 adjusted EPS guidance of $4.25 to $4.45, with midpoint implying 6% year-over-year growth from 2025 adjusted EPS of $4.10.
• Capital plan calls for $905 million of investment in 2026 within a $4.7 billion 2026-2030 forecast, including a 99 MW Lange II natural gas-fired project expected in service in Q4 2026 and a 50 MW Colorado battery project targeted for Q4 2027.
• Merger with NorthWestern Energy advanced with shareholder approvals secured, Hart-Scott-Rodino waiting period completed, FERC decision expected in June, and closing still targeted for second half of 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Black Hills Corporation published the original content used to generate this news brief on May 06, 2026, and is solely responsible for the information contained therein.