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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (38600)5/11/2011 12:41:22 PM
From: E_K_S  Read Replies (1) of 78752
 
Re: Black Hills Corporation (BKH)

BKH miss on earnings due to shortfall in non-regulated business.. Stock down over 8%.

Black Hills Corp. Reports First Quarter Results and Updates 2011 Earnings Guidance
SOLID UTILITY PERFORMANCE; PROGRESS ON GROWTH INITIATIVES; NON-REGULATED BUSINESSES NEGATIVELY IMPACT RESULTS
finance.yahoo.com

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In the tiny print I do like that the company started drilling on their San Juan Basin property,

"...Our oil and gas segment started drilling a horizontal gas test well in the Mancos formation shale in the San Juan Basin in early April. The well is the first of three planned to be drilled in the San Juan and Piceance Basins during 2011. Results for all three wells are expected during the fourth quarter....".

EKS
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