Groww Logo
Home>US Stocks>NiSource Inc

NiSource Inc

Utilities
$30.31
- $0.25 (0.82%) 1D
1D
1W
1M
1Y
3Y
5Y

Performance

Today’s Low
$
    Today’s High
    $
    52W Low
    $
      52W High
      $
      Open PricePrev. CloseVolumeAvg. Volume
      $30.44$30.564,617,1344,960,419

      Fundamentals

      Market Cap$12.40B
      P/B Ratio1.7
      P/E Ratio18.8
      Enterprise Value$22.02B
      Div. Yield3.08%
      Book Value17.74
      EPS(TTM)1.02
      ROENA
      Understand Fundamentals

      About the Company

      One of the largest completely regulated utility organisations in America, NiSource Inc. manages rate-regulated gas and electric utility companies in more than 12 US states. The company functions primarily in the Mid-Atlantic and Northeast regions. Th
      One of the largest completely regulated utility organisations in America, NiSource Inc. manages rate-regulated gas and electric utility companies in more than 12 US states. The company functions primarily in the Mid-Atlantic and Northeast regions. The company was originally known to all as NIPSCO Industries Inc. and later changed its name to NiSource Inc. in 1999. It serves around 3.5 million consumers and operates a natural gas pipeline of 60,000 miles. NiSource offers electricity to 470,000 customers with its power plants. This company’s power plants generate more than 2,850W of electricity per year. The subsidiaries of this company include NIPSCO, and NiSource Gas Distribution Group. The company has two business segments; these include Electric Operations and Gas Distribution Operations. 65% of the company sales are generated from gas distribution which is NiSource’s primary business. This business involves 60,000 miles of pipeline, across 7 states. 35% of the company sales come from the electric operations segment, which is solely managed by NIPSCO. The company generates electricity via coal-fired, hydroelectric and gas-fired plants. NiSource Gas Distribution Group owns six distribution subsidiaries while NIPSCO owns only one. Almost two-third of this segment’s sales comes from residential consumers. The company serves consumers in states including Pennsylvania, Virginia, Ohio, Kentucky, Massachusetts, and Maryland. The company was first founded in 1912, and has its headquarters in Merrillville, Indiana in the United States. It is also a stand-alone public traded company. The company’s largest acquisition was Columbia Energy Group in 2000. NiSource holds access to a high-growth energy corridor, which includes 30% of America’s population and 40% of its power generation. In 2015, NiSource separated Columbia Pipeline Group and transformed it into a stand-alone publicly traded company. Shareholders at the time of separation received one share of Columbia Pipeline Group and one share of NiSource. This separation included the Columbia Gas Transmission, Columbia Gulf Transmission, ownership of Columbia Pipeline Partners, Columbia Midstream group and other natural gas pipelines. The company aims to reduce carbon emission by 90% by 2028, by retiring from coal-fired units and switching to renewable energy sources, like solar and wind energy. NiSource Inc. shares trade on the NASDAQ stock exchange under the ticker symbol “NI.” NiSource was honoured with the Gold “Stevie” Award in the American Business Awards for their consumer website experience in 2020. Columbia Gas, which is a segment of NiSource Inc., also received the Gold “Stevie” Award. In 2014, the company ranked 448 in the Fortune 500 list of companies.
      ...Read more
      OrganisationNiSource Inc
      IndustryUtilities—Regulated Gas
      HeadQuartersMerrillville, IN

      Company Financials

      *All values are in Million $
      No Graph Data To Display
      Quarterly
      Yearly
      See Details

      FAQs on NiSource Inc

      Can I Buy NiSource Inc Shares in India?

      Yes, NiSource Inc shares can be bought in India by opening an international trading account with Groww.

      How to Buy NiSource Inc Shares in India?

      One can easily invest in NiSource Inc shares from India by: Direct Investment - Opening an international trading account with Groww which includes KYC verification in the US. Your account gets activated in a few minutes to a few hours, after which you can start adding funds in USD balance to buy NiSource Inc shares. Indirect Investment - Under this form of investment, you can choose either a Mutual Fund (MF) or an Exchange-Traded Fund (ETF) that invests in global shares and start investing in shares of NiSource Inc.

      What is the Share Price of NiSource Inc?

      The share price of NiSource Inc is in Dollars and if you are investing from India, you can always check the INR valuation before investing. The current NiSource Inc share price is $30.31 as of 19 May ‘22

      What is the Market Cap of NiSource Inc?

      The NiSource Inc market cap is $12.40B as of 19 May ‘22

      What is the PE and PB ratio of NiSource Inc?

      The PE and PB ratio of NiSource Inc is 18.8 and 1.7 as of 19 May ‘22
      ⓒ 2016-2022 Groww. All rights reserved, Built with in India
      MOST POPULAR ON GROWWVERSION - 2.3.8
      STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
      MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI

      ABOUT GROWW