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

Comment by CashIsKing16on Jul 13, 2014 11:38am

331 Views

Post# 22740280

RE:NWI's position

In case some are unaware, NI and NWI are very closely related. They share offices and management and directors. Been like this for many years.

walfie wrote:
How many shares does NWI still have to unload before NI starts to move up? It sure has been a cash cow for them. I can't see NI moving forward as long as NWI has a windfall of shares. Can someone speak on this subject?

Bullboard Posts

Paramount Resources signs $3.32 billion asset sale