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SGX:OUER 22 February 2026

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  • Black Hills Corp (BKH) Valuation Under Pressure After Share Price Pullback
    April 4, 2026, 5:07 AM EDT. Black Hills Corp (NYSE:BKH) share price dipped 4.7% over the past month to $70.83, despite a 26.6% total shareholder return over the past year, including dividends. The utility's recent pullback contrasts with a fair value estimate of $81.25, suggesting undervaluation. Large-scale projects like Ready Wyoming transmission and Colorado Clean Energy Plan aim to expand the regulated rate base, supporting long-term earnings growth. However, risks remain from regulatory recovery challenges and demand uncertainties. Investors should weigh these factors carefully in light of mixed short-term returns and evolving industry dynamics.
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