NiSource

NiSource, Inc. is a holding company, which engages in energy solutions. Through its subsidiaries, it provides natural gas, electricity, and other products and services. It operates through the following segments: Gas Distribution Operations and Electric Operations. The Gas Distribution Operations segment focuses on natural gas service and transportation for residential, commercial, and industrial customers. The Electric Operations segment generates, transmits, and distributes electricity. The company was founded in 1987 and is headquartered in Merrillville, IN.

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NiSource exceeds earnings guidance, sets ambitious growth targets for 2023

NiSource's Q4 2022 earnings call highlighted strong financial performance, increased guidance, and strategic priorities for growth.
The company's focus on NOEPS growth, significant CapEx investments, and diversified opportunities position it well for future success.
While facing challenges in rate cases and asset sales, NiSource remains committed to safety, efficiency, and delivering on its financial targets.
By leveraging opportunities in renewable energy and infrastructure investments, NiSource aims to drive sustainable growth and shareholder value.

NiSource maintains earnings guidance, focuses on energy transition initiatives

NiSource's performance in Q1 2023 showed mixed results with growth in Gas Distribution operating earnings but a decline in Electric operating earnings. The company is committed to financial stability, cost savings through Project Apollo, and revenue growth from settlement agreements. Opportunities lie in energy transition initiatives and the sale of NIPSCO minority interest.

NiSource raises guidance, strengthens balance sheet, and focuses on renewables

NiSource's Q2 performance reflects a mix of growth in Gas Distribution and challenges in the Electric segment, with a focus on financial discipline and flexibility.
The company's strategic initiatives, including the NIPSCO transaction and renewable investments, position it well for sustainable growth and community development.
While facing challenges in transitioning to renewables and managing debt levels, NiSource is leveraging opportunities in cost savings, stakeholder support, and operational efficiency.
Overall, NiSource remains committed to its long-term growth plan, financial targets, and delivering value to customers and shareholders.

NiSource reports robust Q3 earnings, focuses on renewable energy growth

NiSource's Q3 earnings call showcased strong financial performance, strategic investments in renewable energy, and a commitment to safe, reliable energy delivery.
While facing challenges related to market conditions and future capital expenditures, NiSource is well-positioned to capitalize on growth opportunities and regulatory approvals.
The company's refreshed long-term financial plan underscores a focus on sustainable growth, favorable tax treatment, and maintaining a strong balance sheet.
Investors can expect NiSource to continue its trajectory of steady dividend growth, regulated investments, and a commitment to decarbonization and energy reliability.

NiSource exceeds Q4 expectations, sets ambitious growth targets for 2024

NiSource's Q4 2023 performance showcased financial strength and growth prospects, supported by successful regulatory approvals and a focus on decarbonization. While facing challenges in capital management and leadership transitions, the company remains poised for organic growth and value enhancement.

NiSource reports strong Q1 earnings, eyes renewable energy growth

NiSource's Q1 2024 performance reflected solid financial results and a strategic outlook for future growth.
The company's strengths in safety, regulatory engagement, and investment opportunities position it well for long-term success.
While facing regulatory challenges and financing considerations, NiSource remains focused on sustainable growth and operational excellence.

NiSource reaffirms earnings guidance, focuses on growth and sustainability

NiSource's Q2 2024 earnings call highlighted stable financial performance, strategic priorities, and regulatory compliance efforts. The company remains focused on long-term value creation through sustainable growth initiatives and operational excellence. Addressing challenges around growth outlook, regulatory uncertainties, and operational efficiency will be crucial for navigating market dynamics and seizing opportunities for expansion.

NiSource reports solid Q3 earnings, eyes growth in data centers

NiSource's Q3 performance reflects a commitment to growth and operational excellence, supported by strategic regulatory wins and a robust capital plan.
While facing challenges in managing increased CapEx and evolving industry demands, NiSource is well-positioned to leverage opportunities in data center development and gas infrastructure.
The company's focus on delivering safe, reliable, and affordable energy aligns with its long-term vision for sustainable growth and customer-centric service.

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NiSource, Inc. is a holding company, which engages in the provision of energy solutions. It operates under the Gas Distribution Operations and Electric Operations segments. The Gas Distribution Operations segment provides natural gas service and transportation for residential, commercial, and industrial customers. The Electric Operations segment includes generation, transmission, and distribution of electricity through NIPSCO, and wholesaling electric and transmission transactions. The company was founded in 1987 and is headquartered in Merrillville, IN.

While the top- and bottom-line numbers for NiSource (NI) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

NiSource (NI) Reports Q4 Earnings: What Key Metrics Have to Say

NiSource (NI) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.50 per share a year ago.

NiSource (NI) Beats Q4 Earnings Estimates

MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) today announced, on a GAAP basis, 2023 net income available to common shareholders of $661.7 million, or $1.48 diluted earnings per share, compared to net income available to common shareholders of $749.0 million, or $1.70 diluted earnings per share, for the same period of 2022. NiSource also reported 2023 non-GAAP net operating earnings available to common shareholders of $716.3 million, or $1.60 diluted earnings per share, compared.

NiSource Announces Fourth Quarter 2023 Results

Evaluate the expected performance of NiSource (NI) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Seeking Clues to NiSource (NI) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

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MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) (“NiSource”) announced today that it will redeem all outstanding shares of its 6.50% Series B Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, par value $0.01 per share, liquidation preference $25,000 per share (the “Series B Preferred Stock”) and Series B-1 Preferred Stock, par value $0.01 per share, liquidation preference $0.01 per share (the “Series B-1 Preferred Stock”), and the corresponding depositary shares re.

NiSource Inc. Announces Redemption of All Depositary Shares Representing Interests in Its 6.50% Series B Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock and Series B-1 Preferred Stock

MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) today announced that the company will host a conference call at 11 a.m. ET (10 a.m. CT) on Wednesday, February 21, 2024, to review its fourth quarter 2023 financial results and provide a general business update. NiSource will release its fourth quarter 2023 financial results before U.S. financial markets open on February 21. All interested parties may listen to the conference call live on February 21 by logging onto the NiSource webs.

NiSource to Release Financial Results and Host Conference Call on February 21

MERRILLVILLE, Ind.--(BUSINESS WIRE)--The board of directors of NiSource Inc. (NYSE: NI) today declared a quarterly common stock dividend payment of $0.265 cents per share, payable February 20, 2024, to stockholders of record at the close of business on February 5, 2024. The board also declared today a dividend of $406.25 per share on the Corporation's 6.50% Series B Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, equal to $0.40625 per depositary share, each representing a 1/10.

NiSource Declares Common and Preferred Stock Dividends

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We have narrowed our search to five low-beta utility stocks that are regular dividend payers. These are: NI, ATO, AWK, ED, SRE.

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To protect your portfolio from any uncertainties plaguing the market, invest in stocks such as Atmos Energy (ATO), CenterPoint Energy (CNP), NiSource (NI), Lifeway Foods (LWAY) and MGP Ingredients (MGPI).

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Blackstone Infrastructure will invest $2.41 billion in the Northern Indiana Public Service Company (NIPSCO), a unit of NiSource, the company announced Tuesday. The deal involves Blackstone acquiring a 19.9% indirect non-controlling equity interest in NIPSCO for $2.16 billion, coupled with an additional $250 million equity commitment for ongoing capital needs.

Blackstone commits $2.41B investment into NiSource

Blackstone Inc.'s BX, -1.66% infrastructure unit has agreed to invest $2.41 billion in Northern Indiana Public Service Company LLC, a unit of NiSource Inc. NI, , the firms said Tuesday. NiSource said an affiliate of Blackstone Infrastructure Partners will pay $2.16 billion for 19.9% indirect non-controlling equity interest in Northern Indiana Public Service Co. Blackstone also made an additional equity commitment of $250 million to fund ongoing capital requirements.

Blackstone paying $2.41B in minority stake deal with NiSource unit

MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) (“NiSource”) today announced that it has completed the issuance of a 19.9% indirect equity interest in the company's Northern Indiana Public Service Company LLC (“NIPSCO”) subsidiary to an affiliate of Blackstone Infrastructure Partners (“Blackstone Infrastructure”), the dedicated infrastructure group of Blackstone Inc. (NYSE: BX). As previously announced, through the transaction the Blackstone affiliate has acquired a 19.9% non-cont.

NiSource Inc. Completes NIPSCO Minority Equity Interest Transaction

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Investors leveraging dividend-paying stocks to build a portfolio that emphasizes quality and sustainability can effectively weather market risks. Stocks like MMM, OMC, AMCR, NI and NRG are must-haves for your portfolio.

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Investors looking for stocks in the Utility - Electric Power sector might want to consider either NiSource (NI) or PSEG (PEG). But which of these two stocks presents investors with the better value opportunity right now?

NI or PEG: Which Is the Better Value Stock Right Now?

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MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI), one of the largest fully-regulated utility companies in the United States, 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. “Earning this designation for an entire decade underscores our longstand.

NiSource Named to S&P Dow Jones Sustainability Indices for 10th Consecutive Year

NiSource (NI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

NiSource (NI) Upgraded to Buy: Here's What You Should Know

NiSource (NI) makes a strong case for investment, given its positive growth estimates, strong financial position and long-term investment plan.

Reasons to Add NiSource (NI) to Your Portfolio Right Now

MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) (“NiSource”) announced today the settlement rate of the purchase contracts that form part of its Series A Corporate Units (the “Corporate Units”), originally issued on April 19, 2021 as part of NiSource's equity units (“2021 Equity Units”). Each holder of a Corporate Unit will receive 3.9295 shares (the “Settlement Rate”) of NiSource common stock with cash to be paid in lieu of any fractional share. The Settlement Rate was determined.

NiSource Inc. Announces the Settlement Rate for the Purchase Contract Component of its 2021 Equity Units Offering

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NI or NRG: Which Utility Electric Power Stock to Accumulate?

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Low-beta utility stocks like CenterPoint Energy (CNP), Consolidated Edison (ED), Entergy (ETR), Global Water Resources (GWRS) and NiSource (NI) are safe bets as the Fed remains open to more interest rate hikes.

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NiSource's shares have performed relatively well compared to other utilities due to its strong balance sheet and minimal reliance on debt financing. The company reported solid earnings growth despite a commodity-driven decline in revenue, as it focused on controlling operating expenses and winning rate cases. NiSource plans to invest $15 billion in capital expenditures from 2024-2028, aiming for 8-10% annual rate base growth and 6-8% earnings growth, making it an attractive option for dividend growth investors.

NiSource: Positioned For Solid Dividend Growth

MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) (“NiSource”) announced today the unsuccessful final remarketing of its Series C Mandatory Convertible Preferred Stock, par value $0.01 per share, with a liquidation preference of $1,000 per share (the “Mandatory Convertible Preferred Stock”), originally issued on April 19, 2021 as part of NiSource's equity units (“2021 Equity Units”). As of December 1, 2023, holders of shares of Mandatory Convertible Preferred Stock that are componen.

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