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.
Company profile
Ticker
NI
Exchange
Website
CEO
Lloyd M. Yates
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
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)
PX14A6G
Letter to shareholders
12 Apr 24
ARS
2023 FY
Annual report to shareholders
1 Apr 24
DEFA14A
Additional proxy soliciting materials
1 Apr 24
DEF 14A
Definitive proxy
1 Apr 24
8-K
Departure of Directors or Certain Officers
19 Mar 24
8-K
Material Modifications to Rights of Security Holders
18 Mar 24
8-K
Departure of Directors or Certain Officers
15 Mar 24
25-NSE
Exchange delisting
15 Mar 24
8-K
Other Events
14 Mar 24
424B2
Prospectus for primary offering
12 Mar 24
Transcripts
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 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
NI
Earnings call transcript
2021 Q3
3 Nov 21
NI
Earnings call transcript
2021 Q2
4 Aug 21
Latest ownership filings
4
John McAvoy
21 Mar 24
3
John McAvoy
21 Mar 24
4
Gunnar Gode
19 Mar 24
144
Notice of proposed sale of securities
15 Mar 24
4
Donald Eugene Brown
7 Mar 24
4
Melanie B. Berman
7 Mar 24
144
Notice of proposed sale of securities
6 Mar 24
144
Notice of proposed sale of securities
5 Mar 24
4
Melanie B. Berman
1 Mar 24
4
Donald Eugene Brown
1 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
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) | 106.60 mm | 106.60 mm | 106.60 mm | 106.60 mm | 106.60 mm | 106.60 mm |
Cash burn (monthly) | 28.17 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 187.33 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | -80.73 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | -2.9 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
86.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 566 |
Opened positions | 77 |
Closed positions | 53 |
Increased positions | 203 |
Reduced positions | 187 |
13F shares | Current |
---|---|
Total value | 9.55 tn |
Total shares | 388.62 mm |
Total puts | 3.32 mm |
Total calls | 228.90 k |
Total put/call ratio | 14.5 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 52.10 mm | $1.29 tn |
BLK Blackrock | 40.15 mm | $990.86 bn |
STT State Street | 21.52 mm | $531.03 bn |
DB Deutsche Bank AG - Registered Shares | 18.45 mm | $455.36 bn |
Jennison Associates | 13.11 mm | $323.58 bn |
FMR | 10.87 mm | $268.38 bn |
BCS Barclays | 9.65 mm | $237.70 bn |
Geode Capital Management | 9.16 mm | $225.53 bn |
IVZ Invesco | 8.10 mm | $199.95 bn |
CNS Cohen & Steers | 6.82 mm | $168.09 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
19 Mar 24 | John McAvoy | Common Stock | Grant | Acquire A | No | No | 26.84 | 927 | 24.88 k | 939 |
15 Mar 24 | Gunnar Gode | Common Stock | Sell | Dispose S | No | No | 26.456 | 950 | 25.13 k | 28,526 |
28 Feb 24 | Melanie B. Berman | Common Stock | Payment of exercise | Dispose F | No | No | 25.85 | 1,284 | 33.19 k | 34,860.935 |
28 Feb 24 | Melanie B. Berman | Common Stock | Payment of exercise | Dispose F | No | No | 25.85 | 839 | 21.69 k | 36,144.935 |
28 Feb 24 | Melanie B. Berman | Common Stock | Payment of exercise | Dispose F | No | No | 25.85 | 4,663 | 120.54 k | 36,983.935 |
28 Feb 24 | Melanie B. Berman | Common Stock | Grant | Acquire A | No | No | 25.85 | 2,762 | 71.40 k | 41,646.935 |
28 Feb 24 | Melanie B. Berman | Common Stock | Grant | Acquire A | No | No | 25.85 | 15,361 | 397.08 k | 38,884.935 |
28 Feb 24 | Donald Eugene Brown | Common Stock | Payment of exercise | Dispose F | No | No | 25.85 | 4,869 | 125.86 k | 233,345 |
28 Feb 24 | Donald Eugene Brown | Common Stock | Payment of exercise | Dispose F | No | No | 25.85 | 5,692 | 147.14 k | 238,214 |
28 Feb 24 | Donald Eugene Brown | Common Stock | Payment of exercise | Dispose F | No | No | 25.85 | 36,175 | 935.12 k | 243,906 |
News
Tech Stocks Set To Rise Thursday As January Inflation Data Fails To Scare Markets, Small Caps Surge
29 Feb 24
NiSource Q4 Adj. EPS $0.53 Misses $0.54 Estimate, Sales $1.42B Miss $1.70B Estimate
21 Feb 24
NiSource Raises FY24 Adj. EPS Outlook To $1.70 - $1.74 From $1.68 - $1.72 Prior Vs. $1.70 Estimate
21 Feb 24
NiSource Q4 Adj. EPS $0.53 Misses $0.54 Estimate
21 Feb 24
Earnings Scheduled For February 21, 2024
21 Feb 24
Press releases
NiSource Announces Leadership Changes in Ohio and Indiana Subsidiaries
28 Mar 24
NiSource Declares Common Stock Dividends
19 Mar 24
Hooper named President of We Energies and Wisconsin Public Service
12 Mar 24
Hooper to Depart NIPSCO After 13-Year Career
12 Mar 24
NiSource Announces Two-Year $900 Million At-The-Market (ATM) Equity Issuance Program
22 Feb 24