NiSource is an energy holding company which operates as a regulated natural gas and electric utility company. It operates through two segments, Gas Distribution Operations and Electric Operations. The Company provides natural gas service and transportation to residential, commercial, and industrial customers, generates, transmits, and distributes electricity, and provides wholesale and transmission transaction services. It also owns and operates three coal-fired electric generating stations, three gas-fired generating units, and two hydroelectric generating plants, as well as a combined cycle gas turbine plant.

Employee Rating

3.4More
TypePublic
HQMerrillville, US
Founded1912
Size (employees)8,175 (est)+3%
Websitenisource.com
NiSource was founded in 1912 and is headquartered in Merrillville, US
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Key People/Management at NiSource

Joseph Hamrock

Joseph Hamrock

President and Chief Executive Officer
Jim Stanley

Jim Stanley

COO
Carrie Hightman

Carrie Hightman

Executive Vice President and Chief Legal Officer
Joe Mulpas

Joe Mulpas

Vice President and Chief Accounting Officer
Shawn Anderson

Shawn Anderson

Treasurer and Chief Risk Officer
Donald Brown

Donald Brown

Executive Vice President and Chief Financial Officer
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NiSource Office Locations

NiSource has offices in Merrillville, Chester, Columbus, Westborough and in 2 other locations
Merrillville, (HQ)
801 E. 86th Avenue
Canonsburg,
121 Champion Way
Chester,
1809 Coyote Dr
Columbus,
290 W Nationwide Blvd
Lexington,
2001 Mercer Rd
Westborough,
4 Technology Dr
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NiSource Financials and Metrics

NiSource Revenue

NiSource's revenue was reported to be $3.10 b in FY, 2016 which is a 3.1% increase from the previous period.
USD

Revenue (Q3, 2018)

895.0m

Gross profit (Q3, 2018)

673.0m

Gross profit margin (Q3, 2018), %

75.2%

Market capitalization (4-Dec-2018)

10.1b

Closing stock price (4-Dec-2018)

27.1
NiSource's current market capitalization is $10.1 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

3.8b4.2b3.0b3.1b

Revenue growth, %

11%(29%)3%

Cost of goods sold

1.8b2.2b1.6b1.4b

Gross profit

2.0b2.0b1.4b1.7b
Quarterly
USDQ1, 2014Q1, 2015Q3, 2015Q1, 2016Q1, 2017Q2, 2017Q2, 2018Q3, 2018

Revenue

1.3b1.3b608.1m940.1m1.0b713.9m1.0b895.0m

Cost of goods sold

1.1b806.0m209.1m496.5m552.3m276.8m222.0m

Gross profit

197.9m537.7m399.0m443.6m494.0m437.1m673.0m

Gross profit Margin, %

16%40%66%47%47%61%75%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

26.8m25.4m15.5m26.4m29.0m

Accounts Receivable

1.0b1.1b660.0m847.0m

Current Assets

2.2b2.5b1.6b1.8b

PP&E

14.0b15.7b12.1b12.8b14.1b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q2, 2016Q3, 2016Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

38.0m18.0m35.0m

Accounts Receivable

591.0m824.0m471.0m480.0m

Accounts Payable

455.0m

Dividends Payable

82.0m53.0m57.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

532.1m530.0m286.5m331.5m

Inventories

(9.2m)(119.9m)19.0m

Accounts Payable

67.8m37.6m49.0m

Cash From Operating Activities

1.4b1.3b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018Q3, 2018

Net Income

380.3m375.8m275.3m

Depreciation and Amortization

431.4m450.8m157.5m391.0m406.0m

Inventories

(103.7m)274.0m(170.8m)297.2m

Accounts Payable

(177.7m)(218.1m)(84.2m)
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NiSource Online and Social Media Presence

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NiSource News and Updates

NiSource Announces Issuance of $500 Million of Depositary Shares Representing Interests in Series B Preferred Stock

MERRILLVILLE, Ind., Dec. 5, 2018 /PRNewswire/ -- NiSource Inc. (NYSE: NI) today announced that it has completed its previously announced underwritten public offering of 20,000,000 depositary shares (the "Depositary Shares"), each representing a 1/1000th ownership interest in a share of...

NiSource lapses led to deadly Massachusetts blasts -federal agency

The National Transportation Safety Board said on Thursday that utility company NiSource Inc failed to adequately draft and oversee natural gas pipeline work orders and those lapses led to deadly blasts in three Massachusetts communities in September.

NiSource Statement in Response to NTSB Safety Recommendation Report

MERRILLVILLE, Ind., Nov. 15, 2018 /PRNewswire/ -- NiSource Inc. (NYSE: NI), parent company of Columbia Gas of Massachusetts, today released the following statement in response to the National Transportation Safety Board (NTSB)'s safety recommendation report regarding the event of...

Investor Alert: Kaplan Fox Announces Investigation Of NiSource Inc.

NEW YORK, Nov. 8, 2018 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of NiSource Inc. ("NiSource" or the "Company") (NYSE: NI) concerning potential securities law violations. Investors who purchased NiSource securities may...

Lifshitz & Miller LLP Announces Investigation of Bank OZK, Cambium Learning Group, Inc., Command Security Corporation, Ladenburg Thalmann Financial Services Inc., MPM Holdings, Inc., NiSource Inc., Select Income REIT, and XO Group, Inc.

NEW YORK, Nov. 1, 2018 /PRNewswire/ -- Bank OZK (OZK) Lifshitz & Miller announces investigation into possible securities laws violations in connection with the $45.5 million in charge-offs on two Real Estate Specialties Group credits. If you are a OZK investor, and would like additional...

NiSource Faces Criminal Probe in Massachusetts Gas Blasts

NiSource Faces Criminal Probe in Massachusetts Gas Blasts
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NiSource Company Life and Culture

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NiSource Frequently Asked Questions

  • When was NiSource founded?

    NiSource was founded in 1912.

  • Who are NiSource key executives?

    NiSource's key executives are Joseph Hamrock, Jim Stanley and Carrie Hightman.

  • How many employees does NiSource have?

    NiSource has 8,175 employees.

  • Who are NiSource competitors?

    Competitors of NiSource include PG&E, PGE Polska Grupa Energetyczna and WEC Energy Group.

  • Where is NiSource headquarters?

    NiSource headquarters is located at 801 E. 86th Avenue, Merrillville.

  • Where are NiSource offices?

    NiSource has offices in Merrillville, Chester, Columbus, Westborough and in 2 other locations.

  • How many offices does NiSource have?

    NiSource has 6 offices.