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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 mastiffson Aug 19, 2014 2:47pm
240 Views
Post# 22856858

RE:Not sure if this helps with FOB - From Sedar

RE:Not sure if this helps with FOB - From Sedarextra tidbit,most fracking companies in the oil-patch have there own sand trucks.i drove a sand truck for one such company.on victorys web site there is a picture of a sand truck from a company called Canyon and they are also a fracking company.normally when we need sand we phone the day before we need it and our sand trucks get it from suppliers such as victory silica.some suppliers have there own trucks but mostly the fracking companys supply the trucks for sand deliveries.so chances are the price that victory qoutes is just per ton for pick-up and not for delivery.also there are a different types of sand,white silica,green,brown,reddish sand. so each kind of sand has different prices.each well head that is fracked uses three or four different types of sand.so the price quoted is only for one type of sand,not all the different types.hope this helps,and good luck.
Bullboard Posts