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Black Hills Corporation: BKH--NYSE--$23.70. (Institutional Equity Research).

Publication: Buyside

Publication Date: 01-APR-03

Author: Bellessa, James L., Jr.
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COPYRIGHT 2003 Adams Business Media

February 26, 2003

Rated: BUY

INDUSTRY: ELECTRIC UTILITY

Company Description

Black Hills Corporation is a diversified energy and communications company with three broad business groups. Black Hills Power is an electric utility that principally serves Western South Dakota. Black Hills Energy generates independent power, and produces and markets natural gas, oil, and coal. Black Hills FiberCom offers telephone, Internet and cable television services.

"With some of the uncertainties with Allegheny now resolved, we are raising our rating on the stock...

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