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NiSource - NI STOCK NEWS

Welcome to our dedicated page for NiSource news (Ticker: NI), a resource for investors and traders seeking the latest updates and insights on NiSource stock.

Overview

NiSource is a comprehensive natural gas and electric utility company that has established its presence across several key states in the nation. With its operations encompassing both regulated natural gas distribution and electric utility services, the company serves millions of customers. Its dual focus on dependable energy supply and robust infrastructure investments positions it as an integral component of the region's energy landscape. Key industry keywords such as "energy infrastructure," "natural gas distribution," and "electric utility operations" succinctly capture its core business focus.

Core Business and Operations

At its core, NiSource is engaged in the vital provision of two primary energy services: natural gas distribution and electric utility operations. The company ensures that residential, commercial, and institutional customers gain access to safe, reliable, and affordable energy. The natural gas segment is responsible for delivering energy used principally for heating and cooking, among other uses, while the electric segment handles transmission, distribution, and aspects of power generation. Operating within a complex and regulated market framework, NiSource’s business model centers on providing a consistent service experience, underscored by substantial infrastructure maintenance and upgrades.

Market Position and Infrastructure Investments

NiSource has carved out a significant niche in the highly regulated utility sector by vigorously investing in its energy infrastructure. By directing considerable resources into upgrading and expanding its network, the company sustains its customer commitments and adapts to evolving safety and reliability standards. This proactive strategy supports enhanced service delivery and operational efficiency across its service territories. Rather than focusing on short-term variations, NiSource builds its long-term credibility through consistent, high-quality service enabled by modern infrastructure. The integrated approach to managing both its natural gas and electric operations establishes the company as a dependable market player known for continually reinforcing its service framework.

Regulated Environment and Community Engagement

The utility industry is inherently tied to regulatory oversight, and NiSource operates within a well-defined regulatory landscape where compliance with state and federal standards is paramount. This regulated framework not only ensures that customers receive safe and affordable energy but also drives the company to prioritize rigorous infrastructure investments and operational transparency. Beyond its core operations, NiSource maintains strong ties with the communities it serves. Its active community engagement and local presence highlight its commitment to social responsibility and regional development. Employees and local stakeholders work in concert to ensure that the areas served not only benefit from energy access but also experience broader economic and social improvements.

Competitive Landscape and Operational Excellence

In a competitive environment dominated by various regional and national utility providers, NiSource differentiates itself through its balanced approach to energy services and its emphasis on infrastructural resiliency. The company’s diversification across natural gas distribution, electric transmission, and power generation (including renewable, natural gas, and conventional sources) provides a strategic advantage. By investing substantially in modernizing its network and infrastructure, NiSource offers a stable and reliable service platform that stands up to the scrutiny of regulator standards and customer expectations alike. The emphasis on operational excellence and continuous improvement further solidifies its standing among its peers in a market where maintaining reliability and efficiency is crucial.

Business Model and Strategic Focus

NiSource operates on a regulated business model that emphasizes steady revenue streams derived from providing essential energy services. This model is built around the principle of consistent service delivery, where investments in energy infrastructure are a critical element. Rather than focusing on rapid growth or market expansion in volatile conditions, the company prioritizes long-term, sustainable investments that enhance the reliability of its supply chain. By integrating robust safety protocols, advanced technology for grid management, and a commitment to compliance with strict regulatory mandates, NiSource ensures a dependable operation that meets the current and evolving needs of its customer base.

Understanding Energy Generation and Distribution

An essential facet of NiSource’s operations lies in its diversified energy generation capacity. With a blend of traditional energy sources and growing renewable components, the company is able to maintain a resilient power base that supports its electric utility operations. This diversified energy mix ensures that the company can accommodate the varying demands and regulatory requirements across its service territories. Such strategic diversity mitigates risks associated with reliance on a single energy source and reinforces its reputation for stable service delivery.

Commitment to Quality and Safety

Central to NiSource’s operations is a commitment to quality and safety. The company adheres to rigorous internal standards and external regulatory mandates to maintain a secure and efficient supply of energy. This commitment is reflected in its ongoing efforts to modernize and refine its energy infrastructure, ensuring that both natural gas and electric services remain resilient and aligned with top safety practices. This proactive stance towards safety and quality is a cornerstone of its daily operations and a key factor in sustaining customer trust and regulatory approval.

Rhea-AI Summary

Northern Indiana Public Service Company (NIPSCO) has received approval from the Indiana Utility Regulatory Commission (IURC) to adjust its gas rates, effective August 2024. The new rates will be phased in over two steps, with the remaining changes applied in 2025. This decision supports safety, compliance, and infrastructure modernization, benefiting customers and communities.

Key points:

  • Average residential customer using 72 therms per month will see an overall increase of approximately $5 per month (7.1%)
  • NIPSCO's contribution to the Universal Service Program will increase, providing more assistance to low-income customers
  • The rate adjustment will support an estimated $1.1 billion in investments through the end of 2024
  • Various bill payment assistance programs and energy-efficiency initiatives are available for customers
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NiSource Inc. (NYSE: NI) has announced its plans to release second quarter 2024 financial results and host a conference call on August 7, 2024. The company will release its financial results before U.S. financial markets open, followed by a conference call at 11 a.m. ET (10 a.m. CT) to review the results and provide a general business update. Interested parties can listen to the call live on the NiSource website. A replay of the call will be available from 2 p.m. ET on August 7 until 11:59 p.m. ET on August 14, 2024, accessible by calling +1 (800) 770-2030 with conference ID 5571489. The recording will also be archived on the company's website.

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NiSource (NYSE: NI) subsidiaries Northern Indiana Public Service Company (NIPSCO), Columbia Gas of Ohio, Columbia Gas of Kentucky, and Columbia Gas of Virginia have been recognized as 2024 Most Trusted Utility Brands by Escalent’s Cogent Syndicated Utility Trusted Brand & Customer Engagement: Residential study.

The ranking listed only 33 utility brands nationwide, with NiSource subsidiaries securing three positions. Columbia Gas of Kentucky and Columbia Gas of Virginia scored 741 in the South Region, Columbia Gas of Ohio achieved the highest score in the Midwest Region for the third year in a row, and NIPSCO ranked in the top three among Midwest combination utilities.

The results are based on a survey of over 61,000 residential customers from 142 utilities, measuring factors such as customer advocacy, safety, reliability, and environmental focus. NiSource attributes this success to its employees’ commitment to customer trust and reliable energy delivery.

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NiSource (NYSE: NI), a leading utility company, has unveiled its 2024 ESG Report titled 'Creating Shared Value'. The report underscores NiSource's commitment to sustainability and inclusivity through diverse initiatives, including a $4 billion investment towards achieving net-zero greenhouse gas emissions by 2040. It highlights progress in integrating low-carbon fuels and renewable energy, enhancing gas and electric operations, and ensuring accessible and affordable services.

Notable achievements include advancing economic inclusion by raising diverse supplier spend to 19%, aiming for 25% by 2025, and increasing the representation of diverse and female officers. The company has also revamped its Board, adding expertise in cybersecurity, finance, and industry. This comprehensive approach aims to balance community needs and environmental protection.

The full 2024 ESG report is accessible on NiSource's website.

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NiSource (NYSE: NI) has achieved two international certifications for its gas operations: ISO 55001 and API RP 1173, awarded by LRQA. These certifications underscore NiSource's dedication to safety and operational excellence. Bill Jefferson, EVP and Chief Operating and Safety Officer, emphasized the importance of safety for customers, communities, and the workforce. The certification process included in-person reviews and rigorous, independent audits by LRQA in early 2024. These standards are integral to NiSource's Safety Management System, which ensures the management of physical assets like pipelines and gas storage facilities.

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The board of directors of NiSource has declared a quarterly common stock dividend of $0.265 per share.

The dividend is payable on August 20, 2024, to shareholders recorded by the close of business on July 31, 2024.

This announcement reflects NiSource's commitment to delivering shareholder value through consistent dividend payments.

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NiSource Inc. announced their first-quarter 2024 results, reporting a net income of $344.3 million and adjusted EPS of $0.85, compared to $319.2 million and $0.77 in the same period of 2023. NiSource reaffirmed their 2024 adjusted EPS guidance of $1.70-1.74 and a 6-8% annual EPS growth for 2023-2028. The base capital expenditure plan for 2024-2028 is increased to $16.4 billion. The company's President and CEO, Lloyd Yates, highlighted the positive impact of employee efforts and continued investment in service reliability for customers.

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NiSource Inc. (NYSE: NI) will host a conference call on May 8, 2024, to review its first quarter 2024 financial results and provide a business update. The call will be live-streamed on the NiSource website with a replay available. Interested parties can access the webcast and news release on the company's website. Financial results will be released before the U.S. financial markets open on May 8.
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NiSource appoints Robert Heidorn as President of Columbia Gas of Ohio and Vince Parisi as NIPSCO President. Heidorn replaces Parisi at Columbia Gas of Ohio, while Parisi takes on permanent leadership in Indiana. The changes aim to leverage their expertise in regulatory and compliance matters for the benefit of customers and communities.
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NiSource Inc. (NI) announces a quarterly common stock dividend of $0.265 per share, payable on May 20, 2024, to stockholders of record as of April 30, 2024.
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FAQ

What is the current stock price of NiSource (NI)?

The current stock price of NiSource (NI) is $37.11 as of April 8, 2025.

What is the market cap of NiSource (NI)?

The market cap of NiSource (NI) is approximately 18.5B.

What core services does NiSource provide?

NiSource primarily offers natural gas distribution and electric utility services. It ensures that millions of customers have access to safe and reliable energy for residential, commercial, and institutional use.

How does NiSource generate its revenue?

The company operates under a regulated business model where revenue is generated mainly through providing essential utility services at rates approved by regulatory bodies. This stable model supports consistent infrastructure investments and service delivery.

Which geographical areas does NiSource serve?

NiSource operates in multiple states across the United States, ensuring energy services in regions that require both natural gas distribution and electric utility operations. Its expansive footprint covers areas where reliable energy is a critical need.

How does NiSource invest in its energy infrastructure?

The company commits significant resources toward updating and expanding its energy network. These investments are focused on maintaining safety standards, enhancing service reliability, and ensuring operational excellence within its regulated framework.

What differentiates NiSource from other utility providers?

NiSource distinguishes itself through its dual focus on natural gas and electric utility operations, its diversified energy generation mix, and its longstanding commitment to community engagement and infrastructure modernization within a strict regulatory environment.

How does NiSource manage regulatory compliance?

Operating within a regulated industry, NiSource adheres to numerous federal and state standards. Its business model is designed around these requirements, ensuring that its operations are transparent, safe, and aligned with stringent regulatory mandates.

What role does community engagement play in NiSource's operations?

Community engagement is a core element of NiSource's operational ethos. The company works closely with local communities, contributing to regional development and ensuring that its energy services support both quality of life and economic stability.

What is the importance of energy diversification for NiSource?

Energy diversification through a mix of traditional and renewable sources reinforces the company's resilience and operational reliability. This strategic approach minimizes risks and supports consistent energy delivery under varying market conditions.
NiSource

NYSE:NI

NI Rankings

NI Stock Data

18.50B
469.38M
0.19%
98.33%
1.99%
Utilities - Regulated Gas
Electric & Other Services Combined
Link
United States
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