Company
NiSource Inc.
Headquarters: Merrillville, IN, United States
Founded: 1912
Employees: 7,272
CEO: Mr. Lloyd M. Yates
Market Cap
$12.84 Billion
USD as of July 1, 2024
NiSource Inc. Categories
United States Utilities Utilities—Regulated GasUnited States Utilities United States Utilities—Regulated Gas
Top Competitors by Market Capitalization
Industry: Utilities—Regulated Gas
| Company | Market Cap (USD) |
|---|---|
| Naturgy Energy Group, SA | $21.82 B |
| CenterPoint Energy, Inc. | $19.51 B |
| Atmos Energy Corporation | $17.29 B |
| Snam S.p.A. | $15.02 B |
| The Hong Kong and China Gas Company Ltd | $14.36 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| NextEra Energy | $147.58 B |
| China Yangtze Power Co. Ltd | $98.70 B |
| The Southern Company | $84.98 B |
| Iberdrola, SA | $79.29 B |
| Duke Energy Corporation | $77.61 B |
Detailed Description
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's 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 in approximately 54,600 miles of distribution main pipeline plus the 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; and 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.
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Stocks & Indices
NiSource Inc. has the following listings and related stock indices.
Stock: NYSE: NI wb_incandescent
Stock: Bovespa: N1IS34 wb_incandescent
Stock: FSX: NOU wb_incandescent
Stock: NYSE: NIMC wb_incandescent
Stock: NYSE: NI.PR.B wb_incandescent
Product & Services
Natural gas, electricity
Key People
Joseph Hamrock, CEO
Financials
Revenue: US$5.21 billion (2019)
Total assets: US$22.66 billion (2019)
Total equity: US$5.99 billion (2019)