Articles from NiSource Inc.

NiSource Inc. (NYSENI) today announced that the company will host a conference call at 11 a.m. ET (10 a.m. CT) on Wednesday, February 12, 2025, to review its fourth quarter 2024 financial results and provide a general business update. NiSource will release its fourth quarter 2024 financial results before U.S. financial markets open on February 12.

The board of directors of NiSource Inc. (NYSENI) today declared a quarterly common stock dividend payment of $0.28 cents per share, payable February 20, 2025, to stockholders of record at the close of business on February 3, 2025.

NiSource Inc. (NYSENI), one of the largest fully-regulated utilities in the United States, has been named to the 2024 Dow Jones Sustainability Indices (DJSI), marking the 11th consecutive year the company has earned the recognition. The DJSI are float-adjusted market capitalization weighted indices that measure the performance of companies using environmental, social and governance (ESG) criteria.

NiSource Inc. (NYSENI) today announced, on a GAAP basis, net income available to common shareholders for the three months ended September 30, 2024, of $85.7 million, or $0.19 of earnings per diluted share, compared to net income available to common shareholders of $77.0 million, or $0.17 of earnings per diluted share, for the same period of 2023. For the nine months ended September 30, 2024, on a GAAP basis NiSource's net income available to common shareholders was $515.8 million, or $1.14 diluted earning per share, compared to net income available to common shareholders of $436.1 million, or $0.98 diluted earnings per share, for the same period of 2023.

NiSource Inc. (NYSENI) today announced that the company will host a conference call at 11 a.m. ET (10 a.m. CT) on Wednesday, October 30, 2024, to review its third quarter 2024 financial results and provide a general business update. NiSource will release its third quarter 2024 financial results before U.S. financial markets open on October 30.

Taking the next step forward in its electric generation transition to a more diverse, balanced and reliable portfolio, Northern Indiana Public Service Company LLC (NIPSCO) – a subsidiary of NiSource Inc. (NYSENI), today announced the completion of another solar project in its electric generation fleet. Cavalry Solar is now online and operating, producing more cost-effective, cleaner energy for homes and businesses.

The board of directors of NiSource Inc. (NYSENI) today declared a quarterly common stock dividend payment of $0.265 cents per share, payable November 20, 2024, to stockholders of record at the close of business on October 31, 2024.

NiSource Inc. (NYSENI) today announced, on a GAAP basis, net income available to common shareholders for the three months ended June 30, 2024, of $85.8 million, or $0.19 of earnings per diluted share, compared to net income available to common shareholders of $39.9 million, or $0.09 of earnings per diluted share, for the same period of 2023.

NiSource Inc. (NYSENI) today announced that the company will host a conference call at 11 a.m. ET (10 a.m. CT) on Wednesday, August 7, 2024, to review its second quarter 2024 financial results and provide a general business update. NiSource will release its first quarter 2024 financial results before U.S. financial markets open on August 7.

NiSource Inc. (NYSENI) subsidiaries Northern Indiana Public Service Company LLC (NIPSCO), Columbia Gas of Ohio, Inc., Columbia Gas of Kentucky, Inc. and Columbia Gas of Virginia, Inc. were named among the most trusted utility brands by Escalent, following its 2024 Cogent Syndicated Utility Trusted Brand & Customer Engagement: Residential study. The ranking recognized only 33 brands nationwide, with the NiSource companies securing three of the positions.

NiSource Inc. (NYSENI), one of the nation’s largest fully-regulated utility companies, released its 2024 ESG Report – Creating Shared Value today. The report highlights progress on key initiatives designed to make a difference in the communities NiSource serves while maintaining value for customers and enabling thoughtful growth.

NiSource Inc. (NYSENI) announced today that it has achieved two international certifications for best-in-class operational standards for its gas operations. NiSource is one of the first utilities in the world to hold the International Organization for Standardization (ISO) 55001 and American Petroleum Institute’s Recommended Practice (API RP) 1173 certifications. Both certifications were awarded by LRQA, one of the world’s leading providers of professional engineering and technology services.

The board of directors of NiSource Inc. (NYSENI) today declared a quarterly common stock dividend payment of $0.265 cents per share, payable August 20, 2024, to stockholders of record at the close of business on July 31, 2024.

NiSource Inc. (NYSENI) today announced, on a GAAP basis, net income available to common shareholders for the three months ended March 31, 2024, of $344.3 million, or $0.77 of earnings per diluted share, compared to net income available to common shareholders of $319.2 million, or $0.71 of earnings per diluted share, for the same period of 2023.

NiSource Inc. (NYSENI) today announced that the company will host a conference call at 11 a.m. ET (10 a.m. CT) on Wednesday, May 8, 2024, to review its first quarter 2024 financial results and provide a general business update. NiSource will release its first quarter 2024 financial results before U.S. financial markets open on May 8.

NiSource (NYSENI) today announced that Robert Heidorn will replace Vince Parisi as president and chief operating officer of Columbia Gas of Ohio. Parisi, who was previously identified as the interim president of the Indiana-based subsidiary NIPSCO, has formally been named president and chief operating officer of NIPSCO.

The board of directors of NiSource Inc. (NYSENI) today declared a quarterly common stock dividend payment of $0.265 cents per share, payable May 20, 2024, to stockholders of record at the close of business on April 30, 2024.

NiSource Inc. (NYSENI) today announced Aristides S. Candris, who has served as a director since 2012, has retired from the NiSource Board, and that it has appointed John McAvoy to its Board of Directors, effective immediately.

NiSource Inc. (NYSENI) (“NiSource”) announced today that it has established an “at-the-market” (“ATM”) equity offering program under which it may sell shares of its common stock having an aggregate gross sales price of up to $900 million through December 31, 2025.

NiSource Inc. (NYSENI) today announced, on a GAAP basis, 2023 net income available to common shareholders of $661.7 million, or $1.48 diluted earnings per share, compared to net income available to common shareholders of $749.0 million, or $1.70 diluted earnings per share, for the same period of 2022.

NiSource Inc. (NYSENI) (“NiSource”) announced today that it will redeem all outstanding shares of its 6.50% Series B Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, par value $0.01 per share, liquidation preference $25,000 per share (the “Series B Preferred Stock”) and Series B-1 Preferred Stock, par value $0.01 per share, liquidation preference $0.01 per share (the “Series B-1 Preferred Stock”), and the corresponding depositary shares representing interests in the outstanding shares of the Series B Preferred Stock and the Series B-1 Preferred Stock (the “Depositary Shares”), on March 15, 2024 (the “Redemption Date”).

NiSource Inc. (NYSENI) today announced that the company will host a conference call at 11 a.m. ET (10 a.m. CT) on Wednesday, February 21, 2024, to review its fourth quarter 2023 financial results and provide a general business update. NiSource will release its fourth quarter 2023 financial results before U.S. financial markets open on February 21.

The board of directors of NiSource Inc. (NYSENI) today declared a quarterly common stock dividend payment of $0.265 cents per share, payable February 20, 2024, to stockholders of record at the close of business on February 5, 2024.

NiSource Inc. (NYSENI) (“NiSource”) today announced that it has completed the issuance of a 19.9% indirect equity interest in the company’s Northern Indiana Public Service Company LLC (“NIPSCO”) subsidiary to an affiliate of Blackstone Infrastructure Partners (“Blackstone Infrastructure”), the dedicated infrastructure group of Blackstone Inc. NYSE: BXNYSEBX)

NiSource Inc. (NYSENI), one of the largest fully-regulated utility companies in the United States, has been named to the Dow Jones Sustainability Indices (DJSI) for 2023, recognizing the company as a global leader for its environmental, social, and corporate governance (ESG) initiatives and ethical standards. It marks the 10th consecutive year that NiSource has been named to the DJSI.

NiSource Inc. (NYSENI) (“NiSource”) announced today the settlement rate of the purchase contracts that form part of its Series A Corporate Units (the “Corporate Units”), originally issued on April 19, 2021 as part of NiSource’s equity units (“2021 Equity Units”). Each holder of a Corporate Unit will receive 3.9295 shares (the “Settlement Rate”) of NiSource common stock with cash to be paid in lieu of any fractional share. The Settlement Rate was determined based upon the per-share daily volume weighted average of NiSource’s common stock over a consecutive 40-day trading period ending on November 29, 2023.

NiSource Inc. (NYSENI) (“NiSource”) announced today the unsuccessful final remarketing of its Series C Mandatory Convertible Preferred Stock, par value $0.01 per share, with a liquidation preference of $1,000 per share (the “Mandatory Convertible Preferred Stock”), originally issued on April 19, 2021 as part of NiSource’s equity units (“2021 Equity Units”).

NiSource Inc. (NYSENI) (“NiSource”) is announcing that it has postponed, at its option, the final remarketing of 862,500 shares of its Series C Mandatory Convertible Preferred Stock, par value $0.01 per share, with a liquidation preference of $1,000 per share (the “Mandatory Convertible Preferred Stock”), originally issued on April 19, 2021 as part of NiSource’s equity units.

In accordance with NiSource’s long-term financial plan, NiSource Inc. (NYSENI) (“NiSource”) announced today the commencement of the final remarketing of 862,500 shares of its Series C Mandatory Convertible Preferred Stock, par value $0.01 per share, with a liquidation preference of $1,000 per share (the “Mandatory Convertible Preferred Stock”), originally issued on April 19, 2021 as part of NiSource’s equity units (“2021 Equity Units”).

NiSource Inc. (NYSENI), one of the leading fully regulated utilities in the United States, held its annual Supplier Day event yesterday, showcasing the company’s commitment to strong working relationships with a number of key suppliers. The company also recognized several suppliers with year-end awards for their work in helping NiSource honor its vision of being an innovative and trusted energy partner.

NiSource Inc. (NYSENI) today announced, on a GAAP basis, net income available to common shareholders for the three months ended September 30, 2023, of $77.0 million, or $0.17 diluted earnings per share, compared to net income available to common shareholders of $52.0 million, or $0.12 diluted earnings per share, for the same period of 2022. For the nine months ended September 30, 2023, on a GAAP basis NiSource's net income available to common shareholders was $436.1 million, or $0.98 diluted earnings per share, compared to net income available to common shareholders of $518.2 million, or $1.18 diluted earnings per share, for the same period of 2022.

NiSource Inc. (NYSENI) today released its 2023 ESG Report – Building Trust for a Sustainable Future. The report highlights efforts at advancing environmental, social, and governance (ESG) initiatives as key metrics for the company’s business strategy for the future of energy.

NiSource Inc. (NYSENI) (“NiSource”) announced today the period beginning on November 13, 2023 and ending on November 17, 2023 as the final remarketing period for its Series C Mandatory Convertible Preferred Stock, par value $0.01 per share, with a liquidation preference of $1,000 per share (the “Mandatory Convertible Preferred Stock”), originally issued on April 19, 2021 as part of NiSource’s equity units (“2021 Equity Units”). NiSource intends to remarket, subject to market conditions, up to 862,500 shares of its Series C Mandatory Convertible Preferred Stock. While the final remarketing of the Series C Mandatory Convertible Preferred Stock is in accordance with NiSource’s long-term financial plan, the timing of the final remarketing is subject to market and other conditions and NiSource may postpone the final remarketing in its absolute discretion on any day prior to the last business day of the final remarketing period.

NiSource Inc. (NYSENI) (“NiSource”) announced today the Federal Energy Regulatory Commission (FERC) granted approval of the acquisition of a 19.9% equity interest in the company’s Northern Indiana Public Service Company LLC (NIPSCO) subsidiary by an affiliate of Blackstone Infrastructure Partners NYSE: BXNYSEBX)

NiSource Inc. (NYSENI) today announced that the company will host a conference call at 11 a.m. ET (10 a.m. CT) on Wednesday, November 1, 2023, to review its third quarter 2023 financial results and provide a general business update. NiSource will release its third quarter 2023 financial results before U.S. financial markets open on November 1.

NiSource Inc. (NYSENI) commends the U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED) on awarding $7 billion in grants for hydrogen hubs, including a number that the company is integrally involved with, such as the Midwest Alliance for Clean Hydrogen Hub and the Appalachian Regional Clean Hydrogen Hub.

Charting a course to a sustainable energy future for all, NiSource Inc. (NYSENI) today announced the launch of a multi-phase hydrogen blending project – one of the first in the United States to use a blending skid in a controlled setting to mix hydrogen and natural gas at precise levels to determine optimal blend percentages and their environmental and consumer benefits.