nisource (nyse: ni) helps energize the lives of its nearly 4 million natural gas and electric customers across seven states. our local utilities – columbia gas and nipsco – ensure that customers receive safe, reliable and affordable natural gas and electric service each and every day. our business plan is focused on proactively investing in our energy infrastructure – approximately $1.4 billion a year – to ensure we meet and improve upon our customer commitments for the next 100 years. we employ more than 7,000 of our neighbors who are actively engaged in the communities we’re privileged to serve, making them great places to live and call home. nisource is headquartered in merrillville, indiana – about 35 miles from chicago – and we maintain a significant corporate presence in columbus, ohio. our utility operations also span kentucky, maryland, massachusetts, pennsylvania and virginia.
![NiSource logo](/files/LOGO/1111711-NI.png)
Company profile
Ticker
NI
Exchange
Website
CEO
Lloyd M. Yates
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Duke Energy • Exelon • PG&E • Pacific Gas & Electric • Entergy New Orleans • Consolidated Edison • Xcel Energy • Ameren • Ameren Illinois • CMS Energy ...
Former names
NEW NISOURCE INC, NISOURCE INC/DE
SEC CIK
Corporate docs
Subsidiaries
GAS DISTRIBUTION OPERATIONS • Bay State Gas Company • Columbia Gas of Kentucky, Inc. • Columbia Gas of Maryland, Inc. • Columbia Gas of Ohio, Inc. • Columbia Gas of Pennsylvania, Inc. • Columbia Gas of Virginia, Inc. • NiSource Gas Distribution Group, Inc. • ELECTRIC OPERATIONS • Northern Indiana Public Service Company LLC ...
IRS number
352108964
NI stock data
Latest filings (excl ownership)
8-K
Other Events
24 Jun 24
424B2
Prospectus for primary offering
18 Jun 24
FWP
Free writing prospectus
17 Jun 24
424B5
Prospectus supplement for primary offering
17 Jun 24
424B5
Prospectus supplement for primary offering
17 Jun 24
8-K
Other Events
16 May 24
424B2
Prospectus for primary offering
14 May 24
FWP
Free writing prospectus
13 May 24
8-K
Submission of Matters to a Vote of Security Holders
13 May 24
424B5
Prospectus supplement for primary offering
13 May 24
Transcripts
NI
Earnings call transcript
2024 Q1
8 May 24
NI
Earnings call transcript
2023 Q4
21 Feb 24
NI
Earnings call transcript
2023 Q3
1 Nov 23
NI
Earnings call transcript
2023 Q2
2 Aug 23
NI
Earnings call transcript
2023 Q2
2 Aug 23
NI
Earnings call transcript
2023 Q1
3 May 23
NI
Earnings call transcript
2022 Q4
22 Feb 23
NI
Earnings call transcript
2022 Q2
3 Aug 22
NI
Earnings call transcript
2022 Q1
4 May 22
NI
Earnings call transcript
2021 Q4
23 Feb 22
Latest ownership filings
4
Melody Birmingham
3 Jul 24
4
William Jr. Jefferson
3 Jul 24
11-K
Annual report of employee stock purchases
26 Jun 24
4
Melanie B. Berman
3 Jun 24
144
Notice of proposed sale of securities
30 May 24
144
Notice of proposed sale of securities
16 May 24
4
John McAvoy
15 May 24
4
Cassandra S. Lee
15 May 24
4
KEVIN T KABAT
15 May 24
4
WILLIAM D JOHNSON
15 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 140.50 mm | 140.50 mm | 140.50 mm | 140.50 mm | 140.50 mm | 140.50 mm |
Cash burn (monthly) | 713.53 mm | 650.00 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 2.76 bn | 2.51 mm | n/a | n/a | n/a | n/a |
Cash remaining | -2.62 bn | 137.99 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -3.7 | 212.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
92.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 598 |
Opened positions | 189 |
Closed positions | 55 |
Increased positions | 190 |
Reduced positions | 133 |
13F shares | Current |
---|---|
Total value | 9.82 tn |
Total shares | 413.24 mm |
Total puts | 97.30 k |
Total calls | 154.00 k |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 54.95 mm | $1.52 tn |
BLK Blackrock | 41.07 mm | $1.14 tn |
STT State Street | 20.11 mm | $556.33 bn |
Deutsche Bank AG - Registered Shares | 18.89 mm | $522.55 bn |
FMR | 12.32 mm | $340.66 bn |
T. Rowe Price Investment Management | 11.68 mm | $323.20 mm |
CNS Cohen & Steers | 9.97 mm | $275.76 mm |
Geode Capital Management | 9.64 mm | $265.89 bn |
Jennison Associates | 8.95 mm | $247.65 bn |
Zimmer Partners | 8.91 mm | $246.39 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Jul 24 | William Jr. Jefferson | Common Stock | Payment of exercise | Dispose F | No | No | 28.7 | 4,582 | 131.50 k | 37,493 |
1 Jul 24 | Melody Birmingham | Common Stock | Payment of exercise | Dispose F | No | No | 28.7 | 9,422 | 270.41 k | 49,074.105 |
30 May 24 | Melanie B. Berman | Common Stock | Sell | Dispose S | No | No | 27.963 | 3,742 | 104.64 k | 19,977.935 |
13 May 24 | John McAvoy | Common Stock | Grant | Acquire A | No | No | 28.8 | 6,042 | 174.01 k | 6,981 |
13 May 24 | Cassandra S. Lee | Common Stock | Grant | Acquire A | No | No | 28.8 | 6,042 | 174.01 k | 19,433.861 |
News
BMO Capital Maintains Outperform on NiSource, Raises Price Target to $32
16 Jul 24
Barclays Maintains Overweight on NiSource, Raises Price Target to $34
15 Jul 24
Breaking Down NiSource: 5 Analysts Share Their Views
11 Jul 24
Mizuho Initiates Coverage On NiSource with Outperform Rating, Announces Price Target of $33
11 Jul 24
Analyst Ratings For NiSource
18 Jun 24
Press releases
NiSource to release financial results and host conference call on August 7
24 Jul 24
NiSource Celebrates Multiple Brands Named as 2024 Most Trusted Utility Brands Award Recipients
8 Jul 24
NiSource achieves international certification for system and safety management practices
4 Jun 24
NiSource declares common stock dividends
13 May 24
NiSource Announces First Quarter 2024 Results
8 May 24