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.

Type
Public
HQ
Merrillville, US
Founded
1912
Size (employees)
8,007 (est)
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

NiSource Office Locations

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

NiSource Financials

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, 2017)

683.4 m

Gross profit (Q3, 2017)

449.8 m

Gross profit margin (Q3, 2017), %

65.8%

EBIT (Q3, 2017)

99.6 m

Market capitalization (22-Jun-2018)

9.1 b

Closing share price (22-Jun-2018)

25.1

Cash (31-Mar-2018)

35 m
NiSource's current market capitalization is $9.1 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

3.8 b4.2 b3 b3.1 b

Revenue growth, %

11%(29%)3%

Cost of goods sold

1.8 b2.2 b1.6 b1.4 b

Gross profit

2 b2 b1.4 b1.7 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

833.8 m1.3 b963.4 m893.4 m1.3 b950.4 m608.1 m940.1 m662.7 m643.1 m1 b713.9 m683.4 m

Cost of goods sold

243 m1.1 b371.7 m230.5 m806 m218.6 m209.1 m496.5 m234.9 m218.2 m552.3 m276.8 m233.6 m

Gross profit

590.8 m197.9 m591.7 m662.9 m537.7 m731.8 m399 m443.6 m427.8 m424.9 m494 m437.1 m449.8 m

Gross profit Margin, %

71%16%61%74%40%77%66%47%65%66%47%61%66%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

26.8 m25.4 m15.5 m26.4 m

Accounts Receivable

1 b1.1 b660 m847 m

Current Assets

2.2 b2.5 b1.6 b1.8 b

PP&E

14 b15.7 b12.1 b12.8 b
Quarterly
USDQ3, 2013Q1, 2018

Cash

14.9 m35 m

Accounts Receivable

591 m

Current Assets

1.7 b

PP&E

13.6 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

532.1 m530 m286.5 m331.5 m

Inventories

(9.2 m)(119.9 m)

Accounts Payable

67.8 m37.6 m

Cash From Operating Activities

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

Net Income

380.3 m266.2 m344.4 m375.8 m275.3 m

Depreciation and Amortization

431.4 m148.7 m297.8 m450.8 m157.5 m

Inventories

(103.7 m)274 m28.2 m(170.8 m)297.2 m

Accounts Payable

(177.7 m)126.5 m(170.3 m)(218.1 m)(84.2 m)
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NiSource Online and Social Media Presence

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NiSource News and Updates

NiSource Announces Completion of Private Placements of 5-Year Notes and Preferred Stock

MERRILLVILLE, Ind., June 11, 2018 /PRNewswire/ -- NiSource Inc. (NYSE: NI) today announced that it has completed both the private placement of $350 million aggregate principal amount of 3.650% Notes due 2023 (the "Notes") and the separate private placement of 400,000 shares of 5.650%...

NiSource Announces Consideration for Cash Tender Offer

MERRILLVILLE, Ind., June 11, 2018 /PRNewswire/ -- NiSource Inc. (NYSE: NI) announced today the consideration for each series of notes subject to the previously announced cash tender offer (the "Tender Offer") by NiSource for any and all of the outstanding aggregate principal amount of the...
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