Mon, Jul. 13, 7:35 AM
Mon, Jul. 13, 3:41 AM
Jan. 18, 2012, 7:05 PMEnergy producer/utility Black Hills (BKH) announces (.pdf) it's selling its energy marketing business to privately-owned Twin Eagle Resource Management for net cash proceeds of $160M-$170M. The company is also raising its 2011 EPS guidance to a range of $1.90-$1.96 ($1.70-$1.85 prior), and lowering its 2012 EPS guidance to a range of $2-$2.20 ($2.15-$2.40 prior). | Comment!
BKH vs. ETF Alternatives
Black Hills Corp is a vertically-integrated energy company. It operates in utilities group comprised of regulated electric utilities & regulated gas utilities, and non-regulated energy group comprised of power generation, coal mining and oil and gas.
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