<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from Indiana
Energy, Inc.'s consolidated financial statements as of March 31, 1999, and
for the six months then ended and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1999
<PERIOD-END>                               MAR-31-1999
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                      574,478
<OTHER-PROPERTY-AND-INVEST>                     84,818
<TOTAL-CURRENT-ASSETS>                          81,486
<TOTAL-DEFERRED-CHARGES>                        20,585
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                                 761,367
<COMMON>                                       136,866
<CAPITAL-SURPLUS-PAID-IN>                            0
<RETAINED-EARNINGS>                            189,572
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 326,438
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<LONG-TERM-DEBT-NET>                           183,375
<SHORT-TERM-NOTES>                              31,579
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                       0
<LONG-TERM-DEBT-CURRENT-PORT>                   10,174
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                 209,801
<TOT-CAPITALIZATION-AND-LIAB>                  761,367
<GROSS-OPERATING-REVENUE>                      287,080
<INCOME-TAX-EXPENSE>                            21,032
<OTHER-OPERATING-EXPENSES>                     219,161
<TOTAL-OPERATING-EXPENSES>                     240,193
<OPERATING-INCOME-LOSS>                         46,887
<OTHER-INCOME-NET>                               4,020
<INCOME-BEFORE-INTEREST-EXPEN>                  50,907
<TOTAL-INTEREST-EXPENSE>                         8,528
<NET-INCOME>                                    42,379
<PREFERRED-STOCK-DIVIDENDS>                          0
<EARNINGS-AVAILABLE-FOR-COMM>                   42,379
<COMMON-STOCK-DIVIDENDS>                        13,829
<TOTAL-INTEREST-ON-BONDS>                        6,778
<CASH-FLOW-OPERATIONS>                          47,566
<EPS-PRIMARY>                                     1.42
<EPS-DILUTED>                                     1.42