Michael Madison - Black Hills Independent Director

BKH Stock  USD 54.54  0.17  0.31%   

Director

Mr. Michael H. Madison serves as an Independent Director of Black Hills Corporationration He is Retired. Former President and Chief Executive Officer and Director of Cleco Corporationrationration, a public utility holding company, from 2005 to 2011. He Served as Chief Executive Officer and Director of Cleco Corporation from 2005 to 2011, and President and Chief Operating Officer of Cleco Power, LLC from 2003 to 2005. He was State President, LouisianaArkansas with American Electric Power from 2000 to 2003. since 2012.
Age 70
Tenure 12 years
Address 7001 Mount Rushmore Road, Rapid City, SD, United States, 57702
Phone605 721 1700
Webhttps://www.blackhillscorp.com

Black Hills Management Efficiency

The company has Return on Asset of 0.0304 % which means that on every $100 spent on assets, it made $0.0304 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0863 %, implying that it generated $0.0863 on every 100 dollars invested. Black Hills' management efficiency ratios could be used to measure how well Black Hills manages its routine affairs as well as how well it operates its assets and liabilities. The Black Hills' current Return On Tangible Assets is estimated to increase to 0.04. The Black Hills' current Return On Capital Employed is estimated to increase to 0.08. As of now, Black Hills' Other Current Assets are increasing as compared to previous years. The Black Hills' current Other Assets is estimated to increase to about 530.7 M, while Total Current Assets are projected to decrease to under 520.9 M.
The company has 4.4 B in debt with debt to equity (D/E) ratio of 1.5, which is OK given its current industry classification. Black Hills has a current ratio of 0.95, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Black Hills until it has trouble settling it off, either with new capital or with free cash flow. So, Black Hills' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Black Hills sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Black to invest in growth at high rates of return. When we think about Black Hills' use of debt, we should always consider it together with cash and equity.

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Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. The company was incorporated in 1941 and is headquartered in Rapid City, South Dakota. Black Hills operates under UtilitiesDiversified classification in the United States and is traded on New York Stock Exchange. It employs 2884 people. Black Hills (BKH) is traded on New York Stock Exchange in USA. It is located in 7001 Mount Rushmore Road, Rapid City, SD, United States, 57702 and employs 2,874 people. Black Hills is listed under Multi-Utilities category by Fama And French industry classification.

Management Performance

Black Hills Leadership Team

Elected by the shareholders, the Black Hills' board of directors comprises two types of representatives: Black Hills inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Black. The board's role is to monitor Black Hills' management team and ensure that shareholders' interests are well served. Black Hills' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Black Hills' outside directors are responsible for providing unbiased perspectives on the board's policies.
Tom Stevens, VP Treasurer
Esther Newbrough, Vice President Corporate Controller
Brian Iverson, Senior Vice President - Regulatory and Governmental Affairs and Assistant General Counsel
Mark Schober, Independent Director
Tony Jensen, Independent Director
Robert Myers, Chief Human Resource Officer and Sr. VP
Michael Madison, Independent Director
Gary Pechota, Independent Director
Steven Helmers, Chief Compliance Officer, Sr. VP and General Counsel
Linda Massman, Director
John Vering, Lead Independent Director
David Emery, Executive Chairman of the Board
Amy Koenig, Corporate Governance
Kathleen McAllister, Independent Director
Todd Jacobs, Senior Strategy
Scott Buchholz, Senior Vice President, Chief Information Officer
Kimberly Nooney, Vice President Treasurer
Courtney Hebert, Corporate VP
Anthony Cleberg, Executive VP
Marne Jones, Senior Utilities
Linden Evans, President, Chief Executive Officer, Director
Rebecca Roberts, Independent Director
Jerome Nichols, IR Contact Officer
Teresa Taylor, Independent Director
Erik Keller, Senior Vice President, Chief Information Officer
Richard Kinzley, Chief Financial Officer, Senior Vice President
Jennifer Landis, Senior Vice President - Chief Human Resources Officer
Barry Granger, Independent Director
Scott Prochazka, Independent Director
Jack Eugster, Independent Director
Stuart Wevik, Senior Vice President - Utility Operations
Robert Otto, Independent Director
Karen Beachy, Senior Vice President - Growth and Strategy
Thomas Zeller, Presiding Independent Director
Steven Mills, Independent Chairman of the Board

Black Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Black Hills a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Black Hills

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Black Hills position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Black Hills will appreciate offsetting losses from the drop in the long position's value.

Moving together with Black Stock

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The ability to find closely correlated positions to Black Hills could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Black Hills when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Black Hills - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Black Hills to buy it.
The correlation of Black Hills is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Black Hills moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Black Hills moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Black Hills can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Black Hills offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Black Hills' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Black Hills Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Black Hills Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Hills. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For more detail on how to invest in Black Stock please use our How to Invest in Black Hills guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Black Hills' price analysis, check to measure Black Hills' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Black Hills is operating at the current time. Most of Black Hills' value examination focuses on studying past and present price action to predict the probability of Black Hills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Hills' price. Additionally, you may evaluate how the addition of Black Hills to your portfolios can decrease your overall portfolio volatility.
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Is Black Hills' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Black Hills. If investors know Black will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Black Hills listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.057
Dividend Share
2.5
Earnings Share
3.91
Revenue Per Share
34.796
Quarterly Revenue Growth
(0.25)
The market value of Black Hills is measured differently than its book value, which is the value of Black that is recorded on the company's balance sheet. Investors also form their own opinion of Black Hills' value that differs from its market value or its book value, called intrinsic value, which is Black Hills' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Black Hills' market value can be influenced by many factors that don't directly affect Black Hills' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Black Hills' value and its price as these two are different measures arrived at by different means. Investors typically determine if Black Hills is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Black Hills' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.