NiSource (NI)
Frequently Asked Questions About NiSource (NI)
How does NiSource communicate with its stakeholders?
NiSource communicates with its stakeholders through various channels, including regular reports, public forums, community meetings, and digital platforms. The company prioritizes transparency and engaging in open dialogue with customers, employees, investors, and the communities it serves.
How does NiSource engage with the community?
NiSource engages with the community through various programs, partnerships, and initiatives aimed at fostering economic development, education, and community well-being. The company supports local organizations and invests in community-specific efforts that align with its corporate social responsibility goals.
How does NiSource ensure safety?
NiSource prioritizes safety and reliability in all its operations. The company implements rigorous safety protocols, invests in training and technology for its employees, and continuously monitors and maintains its infrastructure to prevent accidents and ensure service reliability for customers.
How does NiSource handle customer service?
NiSource is dedicated to providing high-quality customer service, offering a range of support options including 24/7 emergency response, online resources for billing and service inquiries, and proactive communication during outages or service interruptions. The company continually seeks feedback to improve its services.
How does NiSource invest in technology?
NiSource invests significantly in technology to enhance operational efficiency, improve customer experiences, and modernize its utility infrastructure. This includes implementing advanced metering systems, data analytics, and smart grid technologies to drive innovation and reliability in energy delivery.
How is NiSource governed?
NiSource is governed by a board of directors that oversees its strategic direction and performance. The company has established various committees to focus on key areas such as audit, governance, and compensation, ensuring adherence to corporate governance best practices and regulatory standards.
Is NiSource involved in renewable energy?
Yes, NiSource is actively involved in renewable energy initiatives. The company has made a commitment to transition towards cleaner energy sources, such as wind and solar power, by investing in renewable generation projects and planning to achieve net-zero greenhouse gas emissions by 2050.
What are NiSource's environmental initiatives?
NiSource's environmental initiatives include a significant focus on reducing emissions, promoting energy efficiency, and investing in renewable energy sources. The company aims to decrease its carbon footprint and contribute positively to environmental sustainability through various programs and projects.
What are the key risks that NiSource faces?
NiSource faces various risks including regulatory challenges, economic fluctuations, and environmental factors. The company actively engages in risk management strategies to mitigate these risks and ensure its long-term sustainability and reliability in providing utility services.
What are the main subsidiaries of NiSource?
NiSource's main subsidiaries include Northern Indiana Public Service Company (NIPSCO), Columbia Gas of Ohio, Columbia Gas of Pennsylvania, and Columbia Gas of Virginia. Each subsidiary operates in its respective region, providing utility services tailored to the local market needs.
What commitments does NiSource have towards diversity and inclusion?
NiSource is committed to fostering a diverse and inclusive workplace, believing that a diverse workforce enhances creativity and innovation. The company focuses on implementing practices and policies that promote equal opportunities and support an inclusive environment for all employees.
What does NiSource do?
NiSource is a significantly diversified utility holding company that provides services for natural gas and electricity. It primarily operates through its subsidiaries, serving millions of customers in the United States. The company focuses on delivering safe and reliable energy services, as well as advancing sustainable energy solutions and supporting local communities through various initiatives.
What is NiSource's approach to regulatory compliance?
NiSource adheres to a robust framework for regulatory compliance, ensuring that it meets or exceeds federal, state, and local regulatory requirements. The company's compliance program emphasizes ethical conduct, transparency, and accountability in all business operations.
What is NiSource's financial performance like?
NiSource's financial performance has demonstrated consistent growth, characterized by stable revenue from its utility operations. The company focuses on long-term value creation through disciplined investment strategies, asset management, and a commitment to operational efficiencies.
What is NiSource's strategy for the future?
NiSource's strategy for the future focuses on modernizing infrastructure, enhancing safety and reliability, and supporting the transition to cleaner energy. The company aims to improve customer experiences, invest in technology, and maintain a strong commitment to stakeholder engagement and sustainability.
What notable awards has NiSource received?
NiSource has received several awards and recognitions in areas such as safety, sustainability, and customer service. These accolades highlight the company's commitment to operational excellence and its dedication to being a responsible corporate citizen within the communities it serves.
When was NiSource founded?
NiSource was founded in 1913 as a natural gas company in the Midwest. Over the years, it expanded its operations and transformed into a large utility holding company through a series of mergers, acquisitions, and strategic partnerships, evolving into the NiSource Corporation recognized today.
Where is NiSource headquartered?
NiSource is headquartered in Merrillville, Indiana. This central location allows the company to effectively manage its operations and services across its extensive footprint in the Midwest and the Northeast U.S.
Which states does NiSource serve?
NiSource operates in several states, primarily in the Midwest and Northeastern regions of the United States, including Indiana, Ohio, Pennsylvania, Virginia, and Massachusetts. It provides natural gas and electricity services to millions of customers in these areas.
What is the current price of NiSource?
The current price of NiSource is 40.49
When was NiSource last traded?
The last trade of NiSource was at 11:26 am EDT on April 3rd, 2025
What is the market capitalization of NiSource?
The market capitalization of NiSource is 141.72M
How many shares of NiSource are outstanding?
NiSource has 3.50M shares outstanding.