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. reports developments for a fully regulated U.S. utility business that serves natural gas customers through Columbia Gas brands and gas and electric customers in Indiana through NIPSCO. Company news commonly covers quarterly and annual results, adjusted earnings guidance, funds-from-operations metrics, common stock dividends, and operating updates tied to regulated energy service.
Recurring updates also address Indiana energy infrastructure, NIPSCO Generation LLC initiatives, data-center-related electric demand, generation planning, customer cost-savings mechanisms, grid reliability, and regulatory requirements affecting power generation assets. NiSource communications frequently connect capital investment, utility regulation, and local economic development across its multi-state gas and electric footprint.
NiSource Inc. announced their first-quarter 2024 results, reporting a net income of $344.3 million and adjusted EPS of $0.85, compared to $319.2 million and $0.77 in the same period of 2023. NiSource reaffirmed their 2024 adjusted EPS guidance of $1.70-1.74 and a 6-8% annual EPS growth for 2023-2028. The base capital expenditure plan for 2024-2028 is increased to $16.4 billion. The company's President and CEO, Lloyd Yates, highlighted the positive impact of employee efforts and continued investment in service reliability for customers.
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