Xcel Energy Inc. Black Hills Corporation (BKH) - Oil & Gas - Deals and Alliances Profile

Summary

Black Hills Corporation (Black Hills) is an integrated energy company, engaged in the businesses of wholesale non-regulated energy, retailing of electricity as well as electric and gas distribution. The company operates with two business groups, namely Non-regulated Energy and Utilities. Its Non-regulated Energy Group includes power generation, coal mining, oil and gas and energy marketing segments. On the other hand, the company’s Utilities Group conducts electric and natural gas utility operations throughout the Colorado, Iowa, Kansas, Nebraska, Montana, South Dakota, and Wyoming. The company has spanned its business operations across the domestic market principally located within the US. It is headquartered in South Dakota, the US.

Black Hills Corporation (BKH) - Oil & Gas - Deals and Alliances Profile provides you an in-depth data and trend analysis of the company’s mergers and acquisitions (M&A) and financings. The report provides detailed information on M&A, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions registered by the company over a five year period. The report portrays detailed comparative data on the number of deals and their value subdivided by deal types, markets, and regions, besides highlighting the company's major recent financial deals.

Data presented in this report was derived from Company’s proprietary in-house Oil & Gas eTrack deals database and primary and secondary research.

Scope

- Financial Deals - Analysis of the company’s financial deals including M&A, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.
- Deals by Year - Chart and table displaying information on the number of deals and value reported by the company by year, for a five year period.
- Deals by Type - Chart and table depicting information on the number of deals and value reported by the company by type such as M&A, Equity/Debt Offering etc.
- Deals by Region - Chart and table presenting information on the number of deals and value reported by the company by region for North America, Europe, the Middle East and Africa and South and Central America.
- Deals by Sector - Chart and table showing information on the number of deals and value reported by the company, by sector.
- Major Recent Deals - Information on the company's major recent financial deals. Each such deal has a brief summary, deal type, deal rationale, deal financials and Target Company’s key financial metrics and ratios.
- Business Description - A brief description of the company’s operations.
- Key Employees – A list of the key executives of the company.
- Important Locations and Subsidiaries – A list and contact details of key locations and subsidiaries of the company.
- Key Competitors – A list of key competitors of the company.
- Key Recent Developments – A brief on recent news about the company.


Reasons to Buy

Get detailed information on the company’s financial deals that enable you to understand the company’s expansion/divestiture and fund requirements.
- The profile analyzes the company’s financial deals by region, by year, by business segments and by type, for a five year period.

Understand the company’s business segments’ expansion / divesture strategy
- Deals are presented from the company’s core business segments’ perspective to help you understand its corporate strategy

Access detailed information about the company’s recent financial deals that enables you to understand the key deals which have shaped the company
- Major recent deals are presented in detail, which provides information on each deal’s brief summary, deal type, deal rationale, deal financials and Target Company’s key financial metrics and ratios.

Equip yourself with detailed information about the company to identify potential customers and suppliers.
- The profile analyzes the company’s business structure, locations and subsidiaries, key executives and their biographies and key competitors.

Stay up to date on the major developments affecting the company
- Recent developments in the company presented in the profile help you track important events.

Gain key insights into the company for academic or business research.
- Key elements such as break up of deals by categories and information on detailed major deals are incorporated in the profile to assist your academic or business research needs.

List of Tables 4
List of Figures 4
Black Hills Corporation, Oil & Gas, Deals By Year, 2005 to YTD 2011 5
Black Hills Corporation, Oil & Gas Deals By Type, 2005 to YTD 2011 6
Black Hills Corporation, Oil & Gas, Deals By Region, 2005 to YTD 2011 7
Black Hills Corporation, Oil & Gas, Deals By Sector, 2005 to YTD 2011 8
Black Hills Corporation, Oil & Gas, Deals Summary, 2005 to YTD 2011 9
Black Hills Corporation, Oil & Gas, Deal Details 10
Asset Purchase 10
Aquila Sells Its Utility Properties To Black Hills 10
Black Hills Acquires Gas Utility Assets And Operations In Nebraska From Aquila 12
Black Hills Acquires Interest In Piceance Basin 13
Equity Offering 14
Black Hills Completes Public Offering Of Shares For $131 Million 14
Debt Offering 16
Black Hills Completes Offering Of 5.875% Senior Notes Due 2020 For $200 Million 16
Black Hills Power Completes 6.12% Bond Offering For $180 Million 18
Black Hills Completes Public Offering Of 9% Senior Notes For $250 Million 19
Cheyenne Light Completes Private Placement Of 6.67% First Mortgage Bonds Due 2037 For $110 Million 21
Asset Transactions 22
Aquila Sells Its Utility Properties To Black Hills 22
Black Hills Acquires Gas Utility Assets And Operations In Nebraska From Aquila 24
Integrys Energy Group Acquires Minnesota Natural Gas Distribution Operations From Aquila 25
Aquila Sells Minnesota Natural Gas Utility Division To Minnesota Energy Resources 27
Aquila Sells Missouri Natural Gas Utility Division To The Empire District Gas 29
Integrys Energy Group Acquires Michigan Natural Gas Assets From Aquila 31
Black Hills Corporation Sells Oil Marketing Assets To Sunoco Logistics Partners 33
Acquisition 34
Great Plains Energy Completes Acquisition Of Aquila 34
Black Hills Acquires Cheyenne Light, Fuel & Power From Xcel Energy 36
Black Hills Corporation - Key Competitors 37
Key Employees 38
Locations And Subsidiaries 40
Head Office 40
Other Locations & Subsidiaries 40
Recent Developments 42
Strategy and Business Expansion 42
Jun 20, 2011: Black Hills Finalizing Oil And Gas Concession Contract With Costa Rican Government 42
Financial Announcements 42
Feb 03, 2011: Black Hills Reports Net Income Of $68.68 Million In 2010 42
Oct 28, 2010: Black Hills Reports Net Income Of $12.39 Million For Q3 2010 42
Aug 05, 2010: Black Hills Reports Total Revenues Of $271.3 Million For Q2 2010 43
May 06, 2010: Black Hills Reports Net Income Of $31.4 Million In Q1 2010 44
Jan 28, 2010: Black Hills Reports Net Income Of $81.5 Million In 2009 45
Oct 29, 2009: Black Hills Reports Revenues Of $225.8 Million In Q3 2009 46
Aug 06, 2009: Black Hills Reports Net Income Of $24.6 Million In Q2 2009 47
Apr 30, 2009: Black Hills Reports Revenue Of $437.9 Million For Q1 2009 48
Feb 02, 2009: Black Hills Reports Q4 2008 Results 49
Jan 30, 2009: Black Hills Declares Quarterly Dividend 50
Nov 24, 2008: Black Hills Revises 2008 And 2009 Earnings Guidance 50
Nov 05, 2008: Black Hills Declares 3Q 2008 Results 52
Oct 30, 2008: Black Hills Declares Quarterly Dividend 54
Sep 17, 2008: Black Hills Provides Earnings Guidance For 2009 54
Aug 11, 2008: Black Hills Declares 2Q 2008 Results 55
Aug 04, 2008: Black Hills Declares Quarterly Dividend 56
Apr 30, 2008: Black Hills Declares Quarterly Dividend 56
Apr 30, 2008: Black Hills Declares Q1 2008 Results 56
Feb 07, 2008: Black Hills Declares Q4 2007 Results 58
Feb 01, 2008: Black Hills Declares Quarterly Dividend 59
Nov 01, 2007: Black Hills Declares Quarterly Dividend 59
Nov 01, 2007: Black Hills Declares Q3 2007 Results 59
Aug 09, 2007: Black Hills Declares Q2 2007 Results 60
Jul 26, 2007: Black Hills Declares Quarterly Dividend 61
Apr 26, 2007: Black Hills Reports Q1 2007 Results 61
Feb 14, 2007: Black Hills Reports Q4 And Annual 2006 Results 62
Feb 05, 2007: Black Hills Announces Annual Dividend 62
Nov 02, 2006: Black Hills Reports Q3 2006 Results 62
Aug 09, 2006: Black Hills Reports Q2 2006 Results 63
Jul 27, 2006: Black Hills Announces Dividend 64
May 04, 2006: Black Hills Reports Q1 2006 Results 64
Other Significant Developments 64
Dec 07, 2011: Black Hills Appoints John Benton As Vice President For Its Oil & Gas Subsidiary 64
Aug 22, 2011: Black Hills Appoints Steven R. Mills To Board Of Directors 65
Jun 10, 2011: Black Hills Opens Corporate Office In Papillion, Nebraska 65
Aug 31, 2010: Black Hills Announces Leadership Changes And New Organizational Structure 65
May 03, 2010: Black Hills Names John Vering As Interim President Of BHEP 66
Apr 15, 2010: Black Hills Announces Renewal Of Revolving Credit Facility 67
Feb 05, 2010: Black Hills Appoints Jackie Sargent As Vice President Of Power Supply And Renewables Integration 67
May 28, 2009: Black Hills Announces Management Changes 67
Sep 25, 2008: Black Hills Appoints New VP, Strategic Planning And Development 67
Jul 15, 2008: Black Hills Appoints Director, Investor Relations 68
Jul 11, 2008: Black Hills Announces Management Changes 68
Jul 10, 2008: Black Hills Appoints New CFO 69
Mar 20, 2008: Black Hills Announces Promotion 69
Jan 16, 2008: Black Hills CFO Resigns 69
Appendix 71
Methodology 71
About Company 71
Contact Us 71
Disclaimer 71

List of Tables

Black Hills Corporation, Oil & Gas, Key Facts, 2010 1
Black Hills Corporation, Oil & Gas, Deals By Year, 2005 to YTD 2011 1
Black Hills Corporation, Oil & Gas, Deals By Region, 2005 to YTD 2011 1
Black Hills Corporation, Oil & Gas, Deals By Sector, 2005 to YTD 2011 1
Black Hills Corporation, Oil & Gas, Deals Summary, 2005 to YTD 2011 1
Black Hills Corporation, Oil & Gas Deals By Type, 2005 to YTD 2011 6
Black Hills Corporation, Oil & Gas, Deals By Region, 2005 to YTD 2011 7
Black Hills Corporation, Deals By Sector, 2005 to YTD 2011 8
Black Hills Corporation, Oil & Gas, Deals Summary, 2005 to YTD 2011 9
Aquila Sells Its Utility Properties To Black Hills 10
Black Hills Acquires Gas Utility Assets And Operations In Nebraska From Aquila 12
Black Hills Acquires Interest In Piceance Basin 13
Black Hills Completes Public Offering Of Shares For $131 Million 14
Black Hills Completes Offering Of 5.875% Senior Notes Due 2020 For $200 Million 16
Black Hills Power Completes 6.12% Bond Offering For $180 Million 18
Black Hills Completes Public Offering Of 9% Senior Notes For $250 Million 19
Cheyenne Light Completes Private Placement Of 6.67% First Mortgage Bonds Due 2037 For $110 Million 21
Aquila Sells Its Utility Properties To Black Hills 22
Black Hills Acquires Gas Utility Assets And Operations In Nebraska From Aquila 24
Integrys Energy Group Acquires Minnesota Natural Gas Distribution Operations From Aquila 25
Aquila Sells Minnesota Natural Gas Utility Division To Minnesota Energy Resources 27
Aquila Sells Missouri Natural Gas Utility Division To The Empire District Gas 29
Integrys Energy Group Acquires Michigan Natural Gas Assets From Aquila 31
Black Hills Corporation Sells Oil Marketing Assets To Sunoco Logistics Partners 33
Great Plains Energy Completes Acquisition Of Aquila 34
Black Hills Acquires Cheyenne Light, Fuel & Power From Xcel Energy 36
Black Hills Corporation, Key Competitors 37
Black Hills Corporation, Key Employees 38
Black Hills Corporation, Subsidiaries 40

List of Figures

Black Hills Corporation, Oil & Gas, Deals by Type, 2005 to YTD 2011 1
Black Hills Corporation, Oil & Gas, Deals By Year, 2005 to YTD 2011 5
Black Hills Corporation, Oil & Gas, Deals by Type, 2005 to YTD 2011 6
Black Hills Corporation, Oil & Gas, Deals By Region, 2005 to YTD 2011 7
Black Hills Corporation, Oil & Gas, Deals by Sector, 2005 to YTD 2011 8

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