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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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Post by aggmanon Jul 17, 2014 5:20pm
276 Views
Post# 22757122

Sector wrap in US & Canadian frac sand sector

Sector wrap in US & Canadian frac sand sectorAll this week:

SLCA makes $90M acq. in TX (will be acreative in Y1 with 11 cents/share)
HCLP increases dividend by 9.5% per unit
Rainmakers buys silica property in Saskatchewan

All looks encouraging for that universe, I did pick consolidation and maybe some read through for Victory Nickel / Victory Silica if they can entice a hungry, cash-up US Consolidator into Canada - and include these properties into existing network.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities