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.

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Play Defense: 2 High-Yield Preferreds For A Reliable Income

MERRILLVILLE, Ind. , Aug. 7, 2023 /PRNewswire/ -- The board of directors of NiSource Inc. (NYSE: NI) today declared a quarterly common stock dividend payment of 25 cents per share, payable November 20, 2023, to stockholders of record at the close of business on October 31, 2023.

NiSource declares common and preferred stock dividends

Balanced outcome supports safe operations, infrastructure improvements, sustainability and enhanced customer experience MERRILLVILLE, Ind. , Aug. 2, 2023 /PRNewswire/ -- Northern Indiana Public Service Company LLC (NIPSCO) received a decision from the Indiana Utility Regulatory Commission (IURC) to adjust its electric rates, effective August 2023.

NEWLY APPROVED NIPSCO ELECTRIC RATES TAKE EFFECT BEGINNING IN AUGUST

NiSource (NI) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.12 per share a year ago.

NiSource (NI) Q2 Earnings and Revenues Miss Estimates

NiSource's (NI) second-quarter 2023 earnings and revenues decrease year over year. Total operating expenses decline during the same period.

NiSource (NI) Q2 Earnings Miss Estimates, Revenues Fall Y/Y

2023 EPS guidance raised to upper half of range, long-term growth commitments reaffirmed Leading regulatory execution continues in both electric and gas businesses NIPSCO minority sale agreement with Blackstone Infrastructure Partners announced, expected to close by year-end MERRILLVILLE, Ind. , Aug. 2, 2023 /PRNewswire/ -- NiSource Inc. (NYSE: NI) today announced, on a GAAP basis, net income available to common shareholders for the three months ended June 30, 2023, of $39.9 million, or $0.09 diluted earnings per share, compared to net income available to common shareholders of $53.2 million, or $0.12 diluted earnings per share, for the same period of 2022.

NiSource announces second quarter 2023 results

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MERRILLVILLE, Ind. , July 19, 2023 /PRNewswire/ -- NiSource Inc. (NYSE: NI) today announced that the company will host a conference call at 11 a.m.

NiSource to release financial results and host conference call on August 2

NiSource's (NI) unit NIPSCO adds two solar projects to its renewable generation portfolio. This will benefit customers with low-cost, reliable and clean energy.

NiSource's (NI) NIPSCO Advances in Electricity Generation

Customers have received nearly $60 million in direct benefits to date from credits associated with the sale of excess energy generated by NIPSCO's renewable energy MERRILLVILLE, Ind. , July 11, 2023 /PRNewswire/ -- In the next step of its electric generation transition to a more balanced and reliable mix to serve customers, Northern Indiana Public Service Company LLC (NIPSCO), a subsidiary of NiSource Inc. (NYSE: NI), today announced that its first two Indiana-based solar projects – Indiana Crossroads and Dunns Bridge I Solar – are online and operating, producing more cost-effective, cleaner energy for homes and businesses across Indiana.

NIPSCO, A SUBSIDIARY OF NISOURCE, ADVANCES ITS ELECTRIC GENERATION TRANSITION PLAN WITH FIRST SET OF SOLAR PROJECTS, GENERATING 465 MW COMBINED

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NiSource (NI) is an Incredible Growth Stock: 3 Reasons Why

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PNW or NI: Which Is a Better Utility Electric Power Stock?

NiSource Inc. is an $11-billion market-cap energy holding company operating as a regulated natural gas and electric utility in the United States. The company reported strong financial results for Q1 2023, with an adjusted net income of $343.0 million or $0.77 per share, beating the consensus forecast. The company is actively transitioning its generation portfolio to retire all coal-fired generation by the end of 2028 and plans to invest heavily in capital expenditures.

NiSource Stock Looks Fairly Valued

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NiSource (NI) is well positioned to outperform the market, as it exhibits above-average growth in financials.

3 Reasons Growth Investors Will Love NiSource (NI)

NiSource's (NI) unit monetizes a portion of NIPSCO and utilizes the fund to cut down debts and invest in clean power projects.

NiSource (NI) to Sell $2.15B Stake in NIPSCO to Blackstone

Shares of NiSource Inc. NI, +0.15% rose 0.4% toward a one-month high in premarket trading Tuesday, after the Indiana-based gas and electric utility announced an agreement to sell 19.9% of its Nipsco business to Blackstone Inc. BX, -1.64% for $2.15 billion. NiSource plans to use the proceeds from the sale of a minority stake in the natural gas and electric company to pay down debt and fund capital needs related to the renewable generation transition.

NiSource stock gains after deal to sell about 20% stake in Nipsco for $2.2 billion to Blackstone

Energy company NiSource said on Tuesday it would sell a minority stake in its unit, NIPSCO, for $2.15 billion to asset manager Blackstone's infrastructure unit.

NiSource to sell $2.15 bln stake in Indiana unit to Blackstone

Blackstone Infrastructure Partners affiliate agrees to acquire 19.9% non-controlling equity interest in NIPSCO for $2.150 Billion, with additional equity commitment of $250 million to fund ongoing capital requirements. Blackstone invests alongside NiSource in NIPSCO to fund the energy transition and accelerate the reindustrialization of the Midwest.

NiSource announces agreement to sell minority equity interest in NIPSCO to strengthen financial foundation and support sustainable, long-term growth

This contract marks NIPSCO and EDP Renewables' fifth renewable energy project to bring to Indiana, totaling more than 1,000 megawatts of clean energy generation in the Hoosier State. This contract marks NIPSCO and EDP Renewables' fifth renewable energy project to bring to Indiana, totaling more than 1,000 megawatts of clean energy generation in the Hoosier State.

EDP Renewables and NIPSCO Enter Into Long-Term Agreement for the 198-Megawatt Carpenter Wind Farm in Indiana

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MERRILLVILLE, Ind. , June 8, 2023 /PRNewswire/ -- NiSource Inc. (NYSE: NI) ("NiSource") closed today on its issuance of $750 million aggregate principal amount of notes in two series.

News for NiSource Stock (NI)