NiSource Inc

42.46-0.93 (-2.14%)

Oct 29, 4:02:19 PM EDT · NYSE · NI · USD

Upcoming Earnings

Report date

EPS

1.02 (0.97 ~ 1.15)

Revenue

2.95B (2.95B ~ 2.95B)

Key Stats

Market Cap

19.99B

P/E (TTM)

22.35

Basic EPS (TTM)

1.90

Dividend Yield

0.03%

Recent Filings

8-K

10/29/25Oct 29, 2025

10-Q

10/29/25Oct 29, 2025

10-Q

Q2 FY2025 results

8/6/25Aug 6, 2025

NiSource posted solid Q2 results, with operating revenues climbing 18.3% year-over-year to $1.283B on stronger customer demand and new rates, while operating income rose 10.9% to $262.9M amid higher depreciation from infrastructure builds. Diluted EPS held steady at $0.22, aligning with 472.1M weighted shares, as colder weather boosted gas volumes 3.4% to 113 MMDth in Columbia Operations yet pressured costs. Cash from operations surged to $1.182B year-to-date, funding $2.566B in investments including $958M milestone payments for renewables like Fairbanks solar (substantial completion May 2025, $141.4M paid). Debt grew to $15.756B after issuing $2.4B in notes, but liquidity stands firm at $2.430B with no commercial paper outstanding. Momentum builds from rate cases and generation transition. Still, regulatory shifts on emissions rules add uncertainty.

8-K

NiSource narrows 2025 EPS guidance

8/6/25Aug 6, 2025

NiSource reported Q2 2025 GAAP net income of $102.2 million, or $0.22 per diluted share, up from $85.8 million, or $0.19, a year earlier, while non-GAAP adjusted EPS held steady at $0.22. The company narrowed its 2025 non-GAAP adjusted EPS guidance to the upper half of $1.85-$1.89, reaffirming 6%-8% annual growth through 2029 fueled by $19.4 billion in capital expenditures and 8%-10% rate base expansion. Execution remains key amid weather fluctuations.

8-K

NiSource expands long-term debt

6/27/25Jun 27, 2025

NiSource Inc. closed a $900 million offering of 5.350% senior notes due 2035 and added $750 million to its 5.850% notes due 2055 on June 27, 2025, boosting the latter's total outstanding to $1.5 billion. The company plans to deploy net proceeds toward capital expenditures, working capital, and debt repayment. This bolsters liquidity for infrastructure investments. Forward-looking uses carry inherent risks.

About

NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Columbia Operations and NIPSCO Operations. The company provides natural gas to approximately 2.4 million residential, commercial, and industrial customers through approximately 37,200 miles of distribution main pipeline and the associated individual customer service lines; and 330 miles of transmission main pipeline in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It also generates, transmits, and distributes electricity to approximately 0.5 million customers in various counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates steam coal generating stations in Wheatfield and Michigan City; combined cycle gas turbine in West Terre Haute; natural gas generating units in Wheatfield; hydro generating plants in Carroll County and White County; wind generating units in White County, Indiana; and solar generating units in Jasper County and White County. 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.

CEO

Mr. Lloyd M. Yates

IPO

2/21/1973

Website

https://www.nisource.com

Employees

7,687

Sector

Utilities

Industry

Utilities - Regulated Gas