BLACK HILLS CORP

Ticker: BKH CUSIP: 092113109 Class: COM

PRICE T ROWE ASSOCIATES INC /MD/'s Holding History (CIK: 0000080255)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 72,465 Value ($000) $5 Avg Close $66.47 Range $58.20 - $73.32

Q3 2025

Shares 68,723 Value ($000) $4 Avg Close $57.38 Range $54.13 - $60.96

Q2 2025

Shares 65,216 Value ($000) $4 Avg Close $56.47 Range $52.67 - $59.65

Q1 2025

Shares 59,665 Value ($000) $4 Avg Close $56.47 Range $52.15 - $59.45

Q4 2024

Shares 53,536 Value ($000) $3 Avg Close $57.33 Range $53.67 - $62.19

Q3 2024

Shares 49,336 Value ($000) $3 Avg Close $54.39 Range $49.37 - $58.14

Q2 2024

Shares 46,009 Value ($000) $3 Avg Close $50.26 Range $46.53 - $53.93

Q1 2024

Shares 44,777 Value ($000) $2 Avg Close $47.73 Range $44.68 - $50.77

Q4 2023

Shares 38,871 Value ($000) $2 Avg Close $46.16 Range $41.54 - $51.76

Q3 2023

Shares 43,212 Value ($000) $2 Avg Close $50.50 Range $44.92 - $54.81

Q2 2023

Shares 41,577 Value ($000) $3 Avg Close $55.83 Range $52.26 - $58.57

Q1 2023

Shares 39,948 Value ($000) $3 Avg Close $57.47 Range $51.53 - $64.19

Q4 2022

Shares 38,955 Value ($000) $3 Avg Close $58.05 Range $50.78 - $62.96

Q3 2022

Shares 37,786 Value ($000) $2,560 Avg Close $64.21 Range $58.14 - $68.58

Q2 2022

Shares 31,681 Value ($000) $2,305 Avg Close $63.81 Range $56.66 - $68.52

Q1 2022

Shares 31,206 Value ($000) $2,403 Avg Close $58.63 Range $54.02 - $65.73

Q4 2021

Shares 29,429 Value ($000) $2,077 Avg Close $55.40 Range $51.95 - $59.51

Q3 2021

Shares 31,779 Value ($000) $1,994 Avg Close $56.46 Range $51.50 - $60.51

Q2 2021

Shares 36,509 Value ($000) $2,396 Avg Close $55.86 Range $53.24 - $58.36

Q1 2021

Shares 40,924 Value ($000) $2,732 Avg Close $50.63 Range $47.19 - $55.19

Q4 2020

Shares 35,024 Value ($000) $2,152 Avg Close $48.27 Range $42.45 - $52.98

Q3 2020

Shares 35,564 Value ($000) $1,902 Avg Close $45.64 Range $41.75 - $49.89

Q2 2020

Shares 39,615 Value ($000) $2,245 Avg Close $47.91 Range $41.68 - $55.82

Q1 2020

Shares 36,249 Value ($000) $2,321 Avg Close $59.44 Range $37.90 - $68.25

Q4 2019

Shares 31,989 Value ($000) $2,512 Avg Close $60.15 Range $57.52 - $62.11

Q3 2019

Shares 28,570 Value ($000) $2,192 Avg Close $60.34 Range $54.21 - $62.80

Q2 2019

Shares 21,672 Value ($000) $1,694 Avg Close $58.01 Range $54.08 - $63.38

Q1 2019

Shares 21,409 Value ($000) $1,586 Avg Close $52.65 Range $46.35 - $57.40

Q4 2018

Shares 21,268 Value ($000) $1,335 Avg Close $47.68 Range $43.15 - $52.00

Q3 2018

Shares 21,165 Value ($000) $1,229 Avg Close $45.23 Range $42.66 - $48.12

Q2 2018

Shares 23,241 Value ($000) $1,423 Avg Close $42.43 Range $39.15 - $46.25

Q1 2018

Shares 518,802 Value ($000) $28,171 Avg Close $39.62 Range $37.38 - $44.38

Q4 2017

Shares 516,095 Value ($000) $31,022 Avg Close $45.46 Range $41.87 - $51.03

Q3 2017

Shares 522,005 Value ($000) $35,950 Avg Close $50.60 Range $48.73 - $51.89

Q2 2017

Shares 349,865 Value ($000) $23,605 Avg Close $49.84 Range $47.18 - $52.32

Q1 2017

Shares 315,917 Value ($000) $20,999 Avg Close $45.51 Range $43.01 - $48.38

Q4 2016

Shares 326,377 Value ($000) $20,020 Avg Close $42.62 Range $38.96 - $45.02

Q3 2016

Shares 400,746 Value ($000) $24,534 Avg Close $43.19 Range $40.45 - $45.62

Q2 2016

Shares 514,376 Value ($000) $32,426 Avg Close $42.44 Range $39.39 - $44.88

Q1 2016

Shares 541,755 Value ($000) $32,576 Avg Close $37.32 Range $31.07 - $42.88

Q4 2015

Shares 661,835 Value ($000) $30,729 Avg Close $30.44 Range $27.84 - $33.06

Q3 2015

Shares 774,665 Value ($000) $32,025 Avg Close $28.18 Range $25.38 - $32.28

Q2 2015

Shares 1,012,555 Value ($000) $44,198 Avg Close $32.61 Range $29.70 - $35.86

Q1 2015

Shares 1,099,455 Value ($000) $55,457 Avg Close $34.02 Range $32.42 - $35.85

Q4 2014

Shares 1,110,055 Value ($000) $58,877 Avg Close $35.24 Range $31.42 - $38.13

Q3 2014

Shares 1,118,425 Value ($000) $53,550 Avg Close $35.67 Range $31.93 - $41.13

Q2 2014

Shares 1,125,564 Value ($000) $69,098 Avg Close $38.31 Range $36.56 - $40.65

Q1 2014

Shares 1,126,144 Value ($000) $64,922 Avg Close $36.15 Range $33.35 - $38.82

Q4 2013

Shares 1,126,520 Value ($000) $59,154 Avg Close $33.02 Range $30.45 - $35.53

Q3 2013

Shares 1,123,220 Value ($000) $56,004 Avg Close $32.70 Range $30.21 - $35.44

Q2 2013

Shares 1,133,120 Value ($000) $55,240 Avg Close $30.15 Range $27.57 - $32.51

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	72,465	$5	$66.47	$58.20 - $73.32
Q3 2025	68,723	$4	$57.38	$54.13 - $60.96
Q2 2025	65,216	$4	$56.47	$52.67 - $59.65
Q1 2025	59,665	$4	$56.47	$52.15 - $59.45
Q4 2024	53,536	$3	$57.33	$53.67 - $62.19
Q3 2024	49,336	$3	$54.39	$49.37 - $58.14
Q2 2024	46,009	$3	$50.26	$46.53 - $53.93
Q1 2024	44,777	$2	$47.73	$44.68 - $50.77
Q4 2023	38,871	$2	$46.16	$41.54 - $51.76
Q3 2023	43,212	$2	$50.50	$44.92 - $54.81
Q2 2023	41,577	$3	$55.83	$52.26 - $58.57
Q1 2023	39,948	$3	$57.47	$51.53 - $64.19
Q4 2022	38,955	$3	$58.05	$50.78 - $62.96
Q3 2022	37,786	$2,560	$64.21	$58.14 - $68.58
Q2 2022	31,681	$2,305	$63.81	$56.66 - $68.52
Q1 2022	31,206	$2,403	$58.63	$54.02 - $65.73
Q4 2021	29,429	$2,077	$55.40	$51.95 - $59.51
Q3 2021	31,779	$1,994	$56.46	$51.50 - $60.51
Q2 2021	36,509	$2,396	$55.86	$53.24 - $58.36
Q1 2021	40,924	$2,732	$50.63	$47.19 - $55.19
Q4 2020	35,024	$2,152	$48.27	$42.45 - $52.98
Q3 2020	35,564	$1,902	$45.64	$41.75 - $49.89
Q2 2020	39,615	$2,245	$47.91	$41.68 - $55.82
Q1 2020	36,249	$2,321	$59.44	$37.90 - $68.25
Q4 2019	31,989	$2,512	$60.15	$57.52 - $62.11
Q3 2019	28,570	$2,192	$60.34	$54.21 - $62.80
Q2 2019	21,672	$1,694	$58.01	$54.08 - $63.38
Q1 2019	21,409	$1,586	$52.65	$46.35 - $57.40
Q4 2018	21,268	$1,335	$47.68	$43.15 - $52.00
Q3 2018	21,165	$1,229	$45.23	$42.66 - $48.12
Q2 2018	23,241	$1,423	$42.43	$39.15 - $46.25
Q1 2018	518,802	$28,171	$39.62	$37.38 - $44.38
Q4 2017	516,095	$31,022	$45.46	$41.87 - $51.03
Q3 2017	522,005	$35,950	$50.60	$48.73 - $51.89
Q2 2017	349,865	$23,605	$49.84	$47.18 - $52.32
Q1 2017	315,917	$20,999	$45.51	$43.01 - $48.38
Q4 2016	326,377	$20,020	$42.62	$38.96 - $45.02
Q3 2016	400,746	$24,534	$43.19	$40.45 - $45.62
Q2 2016	514,376	$32,426	$42.44	$39.39 - $44.88
Q1 2016	541,755	$32,576	$37.32	$31.07 - $42.88
Q4 2015	661,835	$30,729	$30.44	$27.84 - $33.06
Q3 2015	774,665	$32,025	$28.18	$25.38 - $32.28
Q2 2015	1,012,555	$44,198	$32.61	$29.70 - $35.86
Q1 2015	1,099,455	$55,457	$34.02	$32.42 - $35.85
Q4 2014	1,110,055	$58,877	$35.24	$31.42 - $38.13
Q3 2014	1,118,425	$53,550	$35.67	$31.93 - $41.13
Q2 2014	1,125,564	$69,098	$38.31	$36.56 - $40.65
Q1 2014	1,126,144	$64,922	$36.15	$33.35 - $38.82
Q4 2013	1,126,520	$59,154	$33.02	$30.45 - $35.53
Q3 2013	1,123,220	$56,004	$32.70	$30.21 - $35.44
Q2 2013	1,133,120	$55,240	$30.15	$27.57 - $32.51