BLACK HILLS CORP

Ticker: BKH CUSIP: 092113109 Class: COM

Capital Advisors, Ltd. LLC's Holding History (CIK: 0001597878)

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

Q4 2025

Shares 14 Value ($000) $0 Avg Close $66.47 Range $58.20 - $73.32

Q3 2025

Shares 14 Value ($000) $0 Avg Close $57.38 Range $54.13 - $60.96

Q3 2023

Shares 159 Value ($000) $0 Avg Close $50.50 Range $44.92 - $54.81

Q1 2023

Shares 6 Value ($000) $0 Avg Close $57.47 Range $51.53 - $64.19

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	14	$0	$66.47	$58.20 - $73.32
Q3 2025	14	$0	$57.38	$54.13 - $60.96
Q3 2023	159	$0	$50.50	$44.92 - $54.81
Q1 2023	6	$0	$57.47	$51.53 - $64.19