Energy Holding Company NiSource Inc. at a Glance
NiSource Inc., a prominent energy holding company, boasts a diverse portfolio of fully regulated natural gas and electric utility companies. These subsidiaries cater to a substantial customer base of nearly 4 million natural gas customers and 500,000 electric customers across six states.
Key Subsidiaries Drive Growth
Two of NiSource’s principal subsidiaries play a vital role in driving the company’s growth. Columbia Gas, a natural gas distribution holding company, and NIPSCO, a regulated gas and electric company, are instrumental in generating revenue and earnings for NiSource.
Revenue Streams and Earnings
Notably, NiSource derives almost all of its revenues and earnings from its regulated utility operations. This strategic focus enables the company to maintain a stable financial foundation, ensuring consistent performance and growth.
Current Market Performance
As of December 31, 2024, NiSource Inc.’s current price stands at $36.63, with a price target and earnings estimate that reflect the company’s steady growth trajectory.
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