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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 aggmanon Oct 29, 2014 5:32pm
245 Views
Post# 23074049

hitting production capacity

hitting production capacityThis is a good release. Some measured comments from Ken Murdoch:

1.  The demand is there
2. Operationally we can now run the plant at boiler plate capacity.


What's also interpretted is that now heading into Novemeber, when there is some dampenening of demand during the winter - VI - are confident enough to be seeing demand that ensures they are sold out.

I also think that the plant should or could do more than 500,000 tpa - if it is running 24/7 with this fourth crew.  Lets see it operate for a few quarters - but I would not be surprised - if the plant can do another 100,000 - 120,000 tpa.

We'll start seeing this in the Q4 release, but first things first - I am looking forward to reading the Q3 release in 3 weeks or so.
Bullboard Posts