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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

Bullboard Posts
Comment by claritason Jun 19, 2011 4:10pm
306 Views
Post# 18735414

RE: RE: Share consolidation

RE: RE: Share consolidationI will vote FOR.

Might as well get it over with.  With the current gazillions of paper out there, it will never attract enough interest to move the share price upwards.

Victory has failed its shareholers.  True the nickel markets are bad, but their actions did not generate shareholder value.

The share consolidation will proceed and hopefully a better strategy in the making will drive value.
Bullboard Posts