NiSource Inc.(NI)
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 853,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 54,600 miles of distribution main pipelines, as well as associated individual customer service lines; and 1,000 miles of transmission main pipelines. The company generates, transmits, and distributes electricity to approximately 483,000 customers in 20 counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates coal-fired electric generating stations with a capacity of 722 megawatts (MW) in Wheatfield and 455 MW in Michigan City; combined cycle gas turbine with a capacity of 563 MW in West Terre Haute; natural gas generating units with a capacity of 155 MW in Wheatfield; hydro generating plants with a capacity of 9 MW in Carroll County and 7 MW in White County; and wind generating units with a capacity of 102 MW and 302 MW in White County, Indiana. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.
Latest News & Analysis
NiSource's Earnings Stumble Obscures Capex Conviction
Utility faces Q3 miss whilst financing infrastructure modernisation push with $1.5 billion equity offering.
ATM Equity Program Locks in NiSource's Capex Financing Architecture
ATM equity program through 2028 completes capex financing architecture, signalling management conviction and de-risking credit rating.
Capex Execution Begins: Zachry Validates NiSource's Data Centre Pivot
Zachry EPC award validates NiSource's $28B capex thesis, shifting narrative from guidance to execution. Contractor partnership de-risks data centre growth.
NiSource Pivots to Data Centre Acceleration: Q3 Miss Obscures Strategic Pivot
Third-quarter earnings miss masks NiSource's $28B capex escalation and GenCo regulatory approval, signalling a multi-decade data centre growth runway.
NiSource: Analyst Consensus Lags Operational Reality
Analyst consensus lags NiSource's actual operational gains from AI efficiency and regulated growth.
NiSource: Data Centers, Infrastructure, and Sustainable Growth
NiSource navigates data center demand and infrastructure investments. A look at Q4 earnings, dividend growth, and market trends shaping its future.
NiSource: Industry Impact and Market Trends Analysis
NiSource navigates market volatility with strategic investments and strong financial performance, focusing on AI-driven growth and renewable energy transitions.
NiSource Exceeds Q4 2024 Expectations: Growth & Sustainability
NiSource Inc.'s Q4 2024 earnings surpassed estimates and raised 2025 EPS guidance amid strong data center demand and renewable investments.
NiSource (NI) Analysis: Growth, Dividends, and Market Outlook
NiSource Inc. navigates growth amid economic uncertainty, leveraging data centers and renewable energy. Debt management and interest rate sensitivity remain key challenges.
NiSource (NI): Q4 Earnings, Data Center Growth & Future Outlook
NiSource Inc. (NI) is strategically positioned for growth, capitalizing on data center expansion and infrastructure investments. Q4 2024 earnings surpassed estimates.
NiSource (NI): Data Centers, Dividends, and Defensive Investing
NiSource (NI) navigates market volatility with strong earnings, data center growth, and a focus on dividends, making it a compelling defensive investment.
NiSource (NI): Data Centers, Dividends, and Defensive Appeal in 2025
NiSource Inc. (NI) is leveraging data center growth and strategic investments to navigate the evolving utility landscape. A detailed analysis of its financial performance, dividend strategy, and regulatory environment.
NiSource (NI): Investor Relations Transition, Capital Plans, and Market Volatility
NiSource (NI) navigates investor relations changes, a $19.4B capital plan, and market volatility. A low-beta utility, NI offers stability but faces financial and regulatory hurdles.
NiSource (NI): Navigating Market Volatility with Strategic Investments
Analysis of NiSource's financial resilience, strategic investments, and market position in the regulated gas sector. Dividend sustainability and capital expenditure plans.
NiSource Inc. Q1 2025: Strategic Growth & Regulatory Navigation
NiSource Inc. (NI) reports strong Q1 2025 earnings, driven by strategic infrastructure investments and a constructive regulatory environment. Analysis of financial health, digital transformation, and market sentiment.
NiSource Inc. (NI): $19.4B Capital Plan Fuels Defensive Growth & EPS Surge
Explore NiSource Inc.'s strategic $19.4B capital plan, recent earnings beat, and robust financial health. Uncover how NI navigates market volatility with defensive growth and consistent dividends.
NiSource Inc. (NI) Dividend Sustainability and Growth Amid $19B CapEx
NiSource balances $19B infrastructure investments with dividend sustainability despite negative free cash flow and rising debt, underscoring growth and financial discipline.
NiSource Inc. (NI) Strategic Growth Amid Indiana Data Center Boom and Dividend Stability
NiSource capitalizes on Indiana's data center surge with $19.4B capital plan, bolstering revenue, dividend sustainability, and defensive utility positioning.
NiSource Inc. Q1 2025 Earnings Beat and $19B+ Capital Plan Analysis
NiSource Inc. navigates a significant capital investment phase, targeting growth through infrastructure upgrades, renewable energy integration, and expansion into new markets like data centers.
NiSource Inc. (NI) Strategic Growth Amid Indiana Data Center Boom & Robust Financials
NiSource's strategic $5B investment in Indiana data centers drives regulated rate base growth, supporting EPS expansion and stable dividends amid utility sector dynamics.
NiSource Inc. Market Analysis: Strategic Infrastructure Growth and Financial Resilience
NiSource's $5B Indiana data center investment drives infrastructure growth, with solid Q2 2025 outlook and resilient dividend supported by strong fundamentals.
NiSource Inc. Q2 2025 Earnings Beat: Strategic Investments and Rate Hikes Drive Growth
NiSource Inc. Q2 2025 earnings surpass expectations, fueled by strategic capital investments and regulatory rate hikes, enhancing dividend sustainability.
NiSource (NI): Capex, Cash Flow Stress and Dividend Durability
NiSource's heavy capex pushed free cash flow to **- $861.5M** in 2024 while net debt climbed to **$13.8B** — how sustainable is the dividend as the rate base grows?.
NiSource Inc. (NI): Q2 Beat, Heavy Capex and the Levers Behind a Mid-20s Multiple
NiSource reported a Q2 2025 revenue beat — **$1.28B, +18.30% YoY** — and raised 2025 adjusted EPS guidance; heavy capex is pressuring free cash flow and raising leverage metrics.