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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.

NiSource Inc. (NYSE: NI) is a prominent energy utility company dedicated to delivering safe, reliable, and affordable natural gas and electric services to nearly 4 million customers across seven U.S. states, including Indiana, Kentucky, Maryland, Massachusetts, Ohio, Pennsylvania, and Virginia. Headquartered in Merrillville, Indiana, NiSource operates through its local utility subsidiaries—Columbia Gas and Northern Indiana Public Service Company (NIPSCO)—which play a critical role in meeting the energy needs of residential, commercial, and industrial customers.

Core Business Areas

NiSource's business model is centered around two primary segments: natural gas distribution and electric utility operations. The company serves approximately 3.2 million natural gas customers and 500,000 electric customers, primarily in northern Indiana. Its electric utility subsidiary, NIPSCO, manages the transmission and distribution of electricity and owns over 3,000 megawatts of generation capacity, which includes coal, natural gas, and renewable energy sources. This diversified energy mix supports NiSource's commitment to providing reliable and sustainable energy solutions.

Revenue Model and Regulatory Framework

NiSource operates within a highly regulated industry, with revenue generation tied to state-approved rates that reflect its capital investments in infrastructure. The company invests approximately $1.4 billion annually in modernizing its energy systems, including pipeline upgrades, grid enhancements, and renewable energy projects. These investments not only ensure compliance with safety and reliability standards but also align with evolving customer and regulatory expectations.

Market Position and Geographic Reach

With operations spanning seven states, NiSource is strategically positioned to serve diverse markets across the Midwest, Mid-Atlantic, and Northeast regions. Its geographic footprint allows the company to leverage regional expertise while addressing the unique energy needs of each community. The company employs over 7,000 individuals who are actively engaged in the local communities they serve, strengthening its reputation as a trusted energy provider.

Competitive Landscape

NiSource operates in a competitive landscape alongside other regulated utilities such as Dominion Energy, Duke Energy, and CenterPoint Energy. Its dual focus on natural gas and electricity, coupled with its proactive infrastructure investment strategy, sets it apart from competitors. By prioritizing safety, reliability, and affordability, NiSource maintains a strong market presence while navigating industry challenges such as regulatory compliance, energy transition, and cost management.

Commitment to Infrastructure Modernization

One of NiSource's defining characteristics is its emphasis on long-term infrastructure modernization. The company’s proactive investment strategy ensures the continued delivery of safe and reliable energy while adapting to changing industry dynamics, including the integration of renewable energy sources and the adoption of advanced grid technologies. These efforts underscore NiSource's role as a forward-thinking utility provider committed to meeting the energy demands of the future.

Industry Significance

As one of the largest natural gas distribution companies in the United States, NiSource plays a vital role in the nation’s energy infrastructure. Its operations contribute to economic development, community well-being, and environmental sustainability. By balancing regulatory requirements with customer needs, NiSource remains a cornerstone of the energy utility sector, ensuring that millions of Americans have access to essential energy services.

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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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NiSource Receives FERC Approval for Acquisition of 19.9% Equity Interest in NIPSCO Subsidiary by Blackstone Infrastructure Partners
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NiSource Inc. to host conference call to review Q3 2023 financial results and provide business update
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FAQ

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

The current stock price of NiSource (NI) is $38.59 as of March 6, 2025.

What is the market cap of NiSource (NI)?

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

What does NiSource Inc. do?

NiSource Inc. provides natural gas and electric services to nearly 4 million customers across seven U.S. states through its subsidiaries Columbia Gas and NIPSCO.

How does NiSource generate revenue?

NiSource generates revenue through state-regulated rates tied to its investments in energy infrastructure, including natural gas pipelines and electric grids.

What are NiSource's primary business segments?

NiSource operates in two main segments: natural gas distribution, serving 3.2 million customers, and electric utilities, serving 500,000 customers in northern Indiana.

What challenges does NiSource face in its industry?

NiSource faces challenges such as regulatory compliance, transitioning to renewable energy, and managing costs while modernizing its infrastructure.

Who are NiSource's main competitors?

NiSource competes with other regulated utilities like Dominion Energy, Duke Energy, and CenterPoint Energy in the natural gas and electric utility sectors.

What is NiSource's geographic footprint?

NiSource operates in seven states: Indiana, Kentucky, Maryland, Massachusetts, Ohio, Pennsylvania, and Virginia, serving diverse regional markets.

How does NiSource invest in infrastructure?

NiSource invests approximately $1.4 billion annually in modernizing its natural gas pipelines, electric grids, and renewable energy projects to ensure safety and reliability.

What makes NiSource unique in the utility sector?

NiSource's dual focus on natural gas and electricity, combined with its proactive infrastructure investments and regional expertise, differentiates it from competitors.
NiSource

NYSE:NI

NI Rankings

NI Stock Data

18.51B
468.66M
0.16%
98.07%
1.96%
Utilities - Regulated Gas
Electric & Other Services Combined
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United States
MERRILLVILLE