Welcome to our dedicated page for NiSource news (Ticker: NI), a resource for investors and traders seeking the latest updates and insights on NiSource stock.
NiSource Inc. (NYSE: NI) generates a steady flow of news as a fully regulated utility company serving approximately 3.3 million natural gas customers and 500,000 electric customers across six states through its Columbia Gas and NIPSCO brands. The company’s announcements highlight developments in natural gas distribution, regulated electric utility operations and large-scale capital investment programs.
News about NiSource often focuses on financial results and guidance, including quarterly earnings releases that discuss GAAP and non-GAAP adjusted earnings, capital expenditure plans and multi-year earnings growth expectations. Investors can follow updates on how NiSource links its capital investment program to expected rate base growth and adjusted earnings per share guidance over extended planning horizons.
Another major theme in NiSource news is regulatory and structural developments. The company has reported approvals from the Indiana Utility Regulatory Commission for structures such as NIPSCO Generation LLC (GenCo), which is designed to own, build and manage generation assets to serve the growing data center industry in northern Indiana while protecting existing NIPSCO retail customers from associated costs. NiSource also issues releases on rate cases and approved changes to NIPSCO’s electric rates, including how those changes support investments in reliability, grid modernization and customer programs.
NiSource’s news flow also covers financing and capital markets activity, such as senior notes offerings, junior subordinated notes, and at-the-market equity offering programs described in SEC filings and press releases. These items explain how the company plans to fund capital expenditures, working capital and debt repayment. Additional news includes dividend declarations, conference call announcements, and leadership or investor relations appointments.
By following NiSource news, readers can track how the company manages its regulated utility operations, pursues growth opportunities like data center-related electric service, engages with regulators, and structures its financing. Bookmarking the NiSource (NI) news page on Stock Titan provides a single place to review these updates over time.
NiSource Inc. (NYSE: NI) announced the departure of Anne-Marie D'Angelo, executive vice president and general counsel, who will join Molson Coors Beverage Company (NYSE: TAP) as Chief Legal and Government Affairs Officer. D'Angelo, who joined NiSource in 2019, significantly enhanced the legal team, ethics, and ESG programs during her tenure. Kim Cuccia, Vice President and Deputy General Counsel, has been appointed interim General Counsel while the company searches for a permanent replacement. D'Angelo's contributions were praised for their impact on high-profile rate cases.
NiSource Inc. (NYSE: NI) reported a significant turnaround in its financials for Q3 2021, with a net income of $49.4 million, or $0.12 EPS, compared to a net loss of $186.7 million in Q3 2020. For the nine months ended September 30, 2021, net income reached $377.6 million, or $0.91 EPS. The company forecasted 2022 non-GAAP diluted EPS guidance of $1.42 to $1.48, anticipating continued growth of 7% to 9% through 2024. NiSource is focusing on renewable energy investments, with approximately $10 billion in capital investments planned from 2021 to 2024 to improve safety, reliability, and sustainability.
Northern Indiana Public Service Company LLC (NIPSCO), a subsidiary of NiSource (NYSE: NI), has initiated construction on its first two solar projects in Indiana: Dunns Bridge Solar I and Indiana Crossroads Solar. Expected to be operational in 2022, Dunns Bridge Solar I will generate 265 MW, powering 79,500 homes, while Indiana Crossroads Solar will produce 200 MW. These initiatives are part of NIPSCO's transition plan towards renewable energy, aiming for a coal-free operation by 2028, projected to save customers $4 billion long-term. The projects are anticipated to boost local tax revenue by $59 million and create 300 jobs.
Northern Indiana Public Service Company (NIPSCO), a subsidiary of NiSource (NYSE: NI), revealed enhanced plans for its electric generation portfolio as part of its 2021 Integrated Resource Plan (IRP). The plan includes retiring the Michigan City Generating Station between 2026 and 2028 and replacing it with diversified resources like solar and energy storage. NIPSCO aims for a 90% carbon emissions reduction by 2030 and will execute various renewable energy projects, including wind and solar, between now and the end of 2023. Stakeholder input will guide the final plan to be submitted by November 15, 2021.
NiSource Inc. (NYSE: NI) will host a conference call on November 3, 2021, at 11 a.m. ET to discuss its third quarter financial results. The company plans to release these results before the U.S. markets open on the same day. Interested parties can listen to the call live via NiSource's website, and a replay will be available from 2 p.m. ET on November 3 through November 10, 2021. NiSource serves approximately 3.2 million natural gas and 500,000 electric customers across six states.
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NiSource has launched the Columbia Gas and NIPSCO mobile apps, enhancing customer service through digital convenience. These apps, available on the Apple App Store and Google Play Store, allow bill payments, service management, outage reporting, and more. Senior Vice President Jennifer Montague emphasized the importance of meeting customer demands for digital options. Future enhancements include a Chatbot and Live Chat support in early 2022. NiSource, serving 3.2 million gas and 500,000 electric customers, aims to improve service delivery and customer interaction.
On August 10, 2021, NiSource Inc. (NYSE: NI) announced a quarterly common stock dividend of 22 cents per share, payable on November 19, 2021, to shareholders of record by October 29, 2021. Additionally, the company declared preferred stock dividends of $28.25 for the 5.650% Series A and $406.25 for the 6.50% Series B, both payable on December 15, 2021, to shareholders of record by November 23, 2021. NiSource serves over 3.2 million natural gas customers and is a member of the Dow Jones Sustainability - North America Index.
NiSource Inc. (NYSE: NI) reported a net income of $46.5 million, or $0.11 per diluted share, for Q2 2021, marking a significant turnaround from a net loss of $18.5 million, or $0.05 per share, in the same period last year. For the first half of 2021, net income rose to $328.2 million, or $0.80 per diluted share, compared to $43.3 million, or $0.11 per share, in 2020. Additionally, the company announced a capital investment plan of $1.9 to $2.1 billion for 2021, aimed at sustaining a 7-9% annual growth in net operating earnings per share through 2024.
NiSource Inc. (NYSE: NI) will announce its second quarter 2021 earnings before the U.S. markets open on August 4, 2021. The company will host a conference call at 11 a.m. ET on that date to discuss the financial results and provide a business update. Interested parties can access the live webcast on the NiSource website. A replay will be available starting at 2 p.m. ET on August 4, through August 11, 2021. NiSource serves approximately 3.2 million natural gas and 500,000 electric customers across six states.