Black Hills BKH Gas Utilities — Asset Retirement Obligation Accretion Expense

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FAQ

What is Black Hills's gas utilities — asset retirement obligation accretion expense?

Black Hills (BKH) reported gas utilities — asset retirement obligation accretion expense of $725K in Q4 2025.

How has Black Hills's gas utilities — asset retirement obligation accretion expense changed year-over-year?

Black Hills's gas utilities — asset retirement obligation accretion expense decreased by 3.3% year-over-year, from $750K to $725K.

What is the long-term trend for Black Hills's gas utilities — asset retirement obligation accretion expense?

Over 4 years (2021 to 2025), Black Hills's gas utilities — asset retirement obligation accretion expense has grown at a 13.7% compound annual growth rate (CAGR), from $1.73M to $2.9M.

What does gas utilities — asset retirement obligation accretion expense mean?

The periodic increase in the carrying amount of the asset retirement obligation liability due to the passage of time, reflecting the unwinding of the discount rate. This is a non-cash expense that recognizes the time value of money regarding future decommissioning costs.