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NiSource Inc T.NI


Primary Symbol: NI

NiSource Inc. is an energy holding company. The Company operates through two segments: Gas Distribution Operations and Electric Operations. The Gas Distribution operations segment, through its wholly owned subsidiary NiSource Gas Distribution Group, Inc., provides natural gas to approximately 2.4 million residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 55,000 miles of distribution main pipeline plus the associated individual customer service lines and 1,000 miles of transmission main pipeline located in its service areas. The Electric Operations segment generates, transmits and distributes electricity through its subsidiary NIPSCO to approximately 0.5 million customers in 20 counties in the northern part of Indiana and is also engaged in wholesale electricity and transmission transactions. It has four owned projects: Rosewater, Indiana Crossroads Wind, Indiana Crossroads Solar, and Dunns Bridge I.


NYSE:NI - Post by User

Comment by Zerrificon Jan 22, 2021 11:11am
104 Views
Post# 32359287

RE:RE:RE:RE:Value

RE:RE:RE:RE:ValueIt doesn't appear to be that good. Yes it gets rid of the secured debt but they still have the non secured debt and lost their main asset, Minago, which is worth about $30 million CDN. Now they are basically a frac sand company with 5 million U.S worth of Silver Elephant shares and two small basically almost worthless properties. Other thought? Victory Nickel share holders need Silver Elephant shares to go up now.
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