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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
Post by stwatcheron Mar 13, 2014 10:19am
319 Views
Post# 22317698

Interesting

Interesting
It is interesting that the stock is holding at exactly .065 with some assistance. The wall at .06 and at .07 is not there by chance. It is also interesting that the company is very quiet lately and as we have heard(not from the company) that they have been paid for the first shipment. I think that the possible outcomes are
1.paid with a long term contract or extended supply arrangement
2.financing deal new
3. Buyout or partnership coming
Just all spec and my opinion only
Bullboard Posts