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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
NiSource Inc. announced the retirement of Aristides S. Candris from the Board and the appointment of John McAvoy. McAvoy brings deep utility operational expertise and leadership experience to the company. NiSource expresses gratitude to Candris for his contributions. McAvoy, former President and CEO of Consolidated Edison, Inc., joins the Board with extensive industry experience.
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WEC Energy Group appoints Michael Hooper as president of We Energies and Wisconsin Public Service, bringing in extensive industry experience and leadership skills to drive long-term goals.
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NiSource (NI) announces the departure of NIPSCO president Mike Hooper after 13 years, who will be leading another Midwest utility company. Vince Parisi to take over as interim president, maintaining his role at Columbia Gas of Ohio. NiSource continues its electric generation transition and infrastructure modernization efforts.
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NiSource Inc. (NI) announces an 'at-the-market' equity offering program to sell up to $900 million of common stock through 2025. The company has agreements with various sales agents to facilitate the offering for general corporate purposes.
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NiSource Inc. achieves 2023 non-GAAP NOEPS at the top end of guidance range, raises 2024 non-GAAP NOEPS guidance, and reaffirms 6-8% annual growth. The company reported 2023 net income and non-GAAP net operating earnings, with a successful NIPSCO minority interest transaction. NiSource President and CEO, Lloyd Yates, highlights financial achievements and increased guidance, emphasizing the company's resilience and commitment to stakeholders.
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NiSource Inc. (NYSE: NI) announces the redemption of all outstanding shares of its Series B Preferred Stock and Series B-1 Preferred Stock on March 15, 2024. The redemption price is $25.00001 per Depositary Share, with dividends of $0.40625 per Depositary Share to be paid separately on March 15, 2024. Dividends will cease to accumulate after the Redemption Date.
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NiSource Inc. (NI) will host a conference call to review its fourth quarter 2023 financial results and provide a general business update on February 21, 2024. The call will be available for replay until February 28, 2024. Interested parties can listen to the conference call live on the NiSource website and access the webcast and news release. NiSource will release its financial results before U.S. financial markets open on February 21.
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NiSource Inc. (NI) announced a quarterly common stock dividend of $0.265 per share and a dividend of $406.25 per share on the Corporation's 6.50% Series B Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock. The common stock dividend is payable on February 20, 2024, and the preferred stock dividend is payable on March 15, 2024.
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NiSource Inc. (NYSE: NI) completes the issuance of a 19.9% indirect equity interest in NIPSCO to Blackstone Infrastructure Partners affiliate for $2.16 billion, with an additional equity commitment of $250 million. The investment aims to strengthen NIPSCO's financial foundation, support sustainable long-term growth, and fund ongoing capital requirements for energy transition and reindustrialization of the Midwest.
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NiSource Inc. (NI) has been named to the Dow Jones Sustainability Indices (DJSI) for 2023, recognizing the company as a global leader for its environmental, social, and corporate governance (ESG) initiatives and ethical standards. It marks the 10th consecutive year that NiSource has been named to the DJSI. The company is on track to retire all coal assets by 2028, replacing them with renewable energy sources. NiSource is also making progress towards its 2040 goal of net zero by reducing Scope 1 and Scope 2 greenhouse gas emissions from its operations, achieving a 67-percent Scope 1 reduction since 2005. The company also has a goal of reaching a 25-percent diverse supplier spend by 2025.
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FAQ

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

The current stock price of NiSource (NI) is $37.22 as of April 4, 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
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United States
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