• Regulated Gas
  • Utilities
NiSource Inc. logo
NiSource Inc.
NI · US · NYSE
31.33
USD
+0.25
(0.80%)
Company Overview

801 EAST 86TH AVE,MERRILLVILLE IN 46410-6272,2196475200

CEO

Mr. Lloyd M. Yates

Employess

7364

Sector

Utilities

Industry

Regulated Gas

Website

https://www.nisource.com

NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 853,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 54,600 miles of distribution main pipelines, as well as associated individual customer service lines; and 1,000 miles of transmission main pipelines. The company generates, transmits, and distributes electricity to approximately 483,000 customers in 20 counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates coal-fired electric generating stations with a capacity of 722 megawatts (MW) in Wheatfield and 455 MW in Michigan City; combined cycle gas turbine with a capacity of 563 MW in West Terre Haute; natural gas generating units with a capacity of 155 MW in Wheatfield; hydro generating plants with a capacity of 9 MW in Carroll County and 7 MW in White County; and wind generating units with a capacity of 102 MW and 302 MW in White County, Indiana. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.

Next Earnings Date

Oct. 30, 2024

Ex Dividends date

Aug. 20, 2024

Dividend Date

July 30, 2024

YTD Performance

15.99%

Fiscal Year End

12-31

IPO Date

1962-12-16

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue -0.27% 1.48% 5.55% -5.90%
EPS -0.67% 67.94% 255.92% -13.59%
Equity 3.46% 7.53% 12.86% 9.16%
Cash 55.71% 81.89% 168.12% 5403.43%
Return On Capital (ROIC) 4.04% 4.87% 5.08% 4.79%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 3,070 2,140 618 526 1,790
Long Term Debt 11,100 9,520 9,180 9,220 7,860
LT Finance Leases 207 211 220 202 240
Shares Outstanding 416 407 394 384 375
Market Cap 11,000 11,200 10,900 8,820 10,400
Price
Business Segments (Beta)
Geographical Segments (Beta)
Not available
News
5 Low-Beta Stocks to Buy as Volatility Returns to Wall Street
2 months

Stocks like Atmos Energy Corporation (ATO), NiSource Inc. (NI), FirstEnergy Corp. (FE), Kimberly-Clark Corporation (KMB) and Limoneira Company (LMNR) are safe bets during this ongoing market volatility.

zacks.com
NI or PPL: Which Is a Better Utility Electric Power Stock?
2 months

Both NiSource (NI) and PPL work efficiently and continue to provide reliable services to their customers.

zacks.com
Is NiSource (NI) a Solid Growth Stock? 3 Reasons to Think "Yes"
2 months

NiSource (NI) is well positioned to outperform the market, as it exhibits above-average growth in financials.

zacks.com
Why NiSource (NI) is Poised to Beat Earnings Estimates Again
2 months

NiSource (NI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

zacks.com
NiSource (NI) Is a Great Choice for 'Trend' Investors, Here's Why
2 months

NiSource (NI) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

zacks.com
NiSource (NI) Rides on Strategic Investments & Cost Management
2 months

NiSource Inc. (NI) gains from strategic investments to strengthen its infrastructure, the shift to clean power generation, and efficient cost management. Yet, risks relating to numerous laws and regulations remain.

zacks.com
NiSource's Equity Issuance Reduces Upside (Rating Downgrade)
3 months

NiSource stock has underperformed the market due to elevated interest rates affecting dividend-oriented and utility stocks. NiSource reported solid earnings growth in Q1, with operating income rising in both Columbia Gas and NIPSCO segments. The company plans to issue significant equity to fund growth projects, creating downside risk to EPS growth and dividend growth rates.

seekingalpha.com
NiSource (NI) is a Top-Ranked Growth Stock: Should You Buy?
3 months

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

zacks.com
NiSource achieves international certification for system and safety management practices
4 months

MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) announced today that it has achieved two international certifications for best-in-class operational standards for its gas operations. NiSource is one of the first utilities in the world to hold the International Organization for Standardization (ISO) 55001 and American Petroleum Institute's Recommended Practice (API RP) 1173 certifications. Both certifications were awarded by LRQA, one of the world's leading providers of professional.

businesswire.com
NiSource (NI) Rides on Infrastructure Upgrade & Clean Assets
4 months

NiSource's (NI) planned investments to strengthen its existing infrastructure will further improve its service reliability and drive performance.

zacks.com
NiSource declares common stock dividends
4 months

MERRILLVILLE, Ind.--(BUSINESS WIRE)--The board of directors of NiSource Inc. (NYSE: NI) today declared a quarterly common stock dividend payment of $0.265 cents per share, payable August 20, 2024, to stockholders of record at the close of business on July 31, 2024. About NiSource NiSource Inc. (NYSE: NI) is one of the largest fully-regulated utility companies in the United States, serving approximately 3.3 million natural gas customers and 500,000 electric customers across six states through it.

businesswire.com
NiSource Inc. (NI) Q1 2024 Earnings Call Transcript
4 months

NiSource Inc. (NYSE:NI ) Q1 2024 Earnings Conference Call May 8, 2024 11:00 AM ET Company Participants Chris Turnure - Director of Investor Relations Lloyd Yates - President and Chief Executive Officer Michael Luhrs - Executive Vice President of Strategy and Risk and Chief Commercial Officer Shawn Anderson - Executive Vice President and Chief Financial Officer Melody Birmingham - Executive Vice President and Group President, NiSource Utilities Conference Call Participants Travis Miller - Morningstar William Appicelli - UBS Securities Operator Thank you for standing by at this time. I'd like to welcome everyone to the Q1 2024 NiSource Earnings Conference Call.

seekingalpha.com