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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.

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NiSource Inc. (NYSE: NI) announced the settlement rate of the purchase contracts for its Series A Corporate Units, with each holder receiving 3.9295 shares of NiSource common stock. The Settlement Rate was based on the 40-day trading period ending on November 29, 2023. As of December 1, 2023, each holder will automatically deliver the related Series C Mandatory Convertible Preferred Stock to NiSource, and the company will retire and cancel the Series C stock. NiSource will also voluntarily delist the Corporate Units from the New York Stock Exchange.
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NiSource Inc. (NYSE: NI) announced the unsuccessful final remarketing of its Series C Mandatory Convertible Preferred Stock. This stock, with a liquidation preference of $1,000 per share, was originally issued on April 19, 2021 as part of NiSource’s equity units. The remarketing was made pursuant to an effective registration statement filed with the U.S. Securities and Exchange Commission. Goldman Sachs & Co. LLC, J.P. Morgan, and Wells Fargo Securities were involved in the remarketing process. For more information, interested parties can contact the respective firms.
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NiSource Inc. (NYSE: NI) has postponed the final remarketing of its Series C Mandatory Convertible Preferred Stock, originally issued on April 19, 2021. The company may recommence the final remarketing between November 15 and November 17, with Goldman Sachs, J.P. Morgan, and Wells Fargo Securities acting as remarketing agents.
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NiSource Inc. (NYSE: NI) announced the commencement of the final remarketing of 862,500 shares of its Series C Mandatory Convertible Preferred Stock, with a liquidation preference of $1,000 per share. The stock bears no dividends and is convertible only upon certain fundamental change events. The conversion rate will be determined based on the average stock prices over a 40 trading day period preceding March 1, 2024. If the closing price of NiSource common stock on the date of the final remarketing is $24.3490 or less, the minimum conversion rate will be increased. The final remarketing is being made pursuant to an effective registration statement filed with the U.S. Securities and Exchange Commission.
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NiSource Inc. (NYSE: NI) held its annual Supplier Day event to showcase its commitment to strong working relationships with key suppliers, recognizing several with year-end awards. With more than 50 suppliers in attendance, NiSource discussed growth and development plans, key objectives, policies, and future strategic initiatives. The company presented six Supplier Awards to recognize significant contributions in essential areas. NiSource reaffirmed its commitment to prioritize the social and economic prosperity of their customers, employees, and the communities they serve.
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NiSource, a utility company, announces the retirement of Vice President Investor Relations and Treasurer Randy Hulen, effective December 31, 2023. Tchapo Napoe will be the new Vice President of Treasury & Corporate Finance, starting December 1, 2023. Chris Turnure, the current Director of Investor Relations, has been promoted to Senior Director to lead Investor Relations.
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NiSource Inc. reaffirms its 2023 non-GAAP NOEPS guidance in the upper half of the range and introduces 2024 non-GAAP NOEPS guidance. The company also extends its annual 6-8% growth plan from 2023-2028. The NIPSCO minority interest transaction with Blackstone Infrastructure Partners is on-track for closing by the end of 2023. NiSource incorporates an additional $1 billion in capital expenditures across its 5-year plan horizon.
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NiSource Inc. has released its 2023 ESG Report, highlighting efforts at advancing environmental, social, and governance initiatives. The report outlines steps taken to reduce greenhouse gas emissions, support land conservation programs, and foster an inclusive workplace. NiSource is dedicated to ensuring effective and honest governance and preparing for a future with diverse energy options.
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Northern Indiana Public Service Company (NIPSCO), a subsidiary of NiSource Inc., has requested an adjustment to its natural gas base rates. The request is driven by federal safety regulations, system upgrades, and infrastructure improvements. The proposed increase would result in an estimated overall increase of approximately $8 per month for residential customers. The request will undergo a regulatory review process.
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NiSource announces final remarketing period for its Series C Mandatory Convertible Preferred Stock
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FAQ

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

The current stock price of NiSource (NI) is $40.4 as of April 1, 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
468.89M
0.19%
98.33%
1.99%
Utilities - Regulated Gas
Electric & Other Services Combined
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United States
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