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. (NI) delivers essential energy services to millions across its operational footprint through regulated natural gas distribution and electric utility operations. This news hub provides investors and stakeholders with authoritative updates on infrastructure investments, regulatory compliance, and operational milestones shaping the company's role in North America's energy landscape.
Access timely press releases covering earnings reports, safety initiatives, and strategic capital projects. Our curated collection includes filings with public utility commissions, environmental stewardship updates, and community partnership announcements – all critical for evaluating NI's position in the regulated utilities sector.
Key updates focus on grid modernization efforts, rate case developments, and renewable energy integration within NiSource's service territories. Bookmark this page for direct access to primary source materials that inform analysis of the company's operational reliability and long-term infrastructure investment strategy.
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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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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
NYSE:NI
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NI Stock Data
18.48B
469.38M
0.19%
98.33%
1.99%
Utilities - Regulated Gas
Electric & Other Services Combined
United States
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