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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
Bullboard Posts
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(4)
•••
Comment by conscience1on Jul 09, 2014 4:57pm
247 Views
Post# 22730281

RE:RE:Earnings?

RE:RE:Earnings?Micky
I mentioned your points1 and 3. ( I account for paying off creditors in next 2 years.darb says 70m shares added; I gave 80m estimated, but could be off. Does anybody have a breakdown of the true number?)
Point 2 applies if share price beats 10 cents within 2 years, and would still save the company the cost of the principal.  Even if the new lenders profit from the arrangement, by definition it means so do we, as SP would  be better than .10 for them to make money on it.  Win-win. 

What happened at the close? Nice! And no fantasy.
GLTA
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities