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NiSource Inc T.NI


Primary Symbol: NI

Utilities Utilities - Diversified
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

NiSource Inc
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Comment by jepperon Dec 19, 2008 3:42am
293 Views
Post# 15656361

RE: Comparison....

RE: Comparison....
Hi ionmetals,

i'm very happy that SOMEBODY is buying !

But...................
If they are not able to get a finance for the fracsand-project ?
if nickel prices stay as low as today or even get lower ?

They can not do very much and the cashburn each month continues.

What then ?

How long before bankruptcy......................

What's your opinion ?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities