Latest news with #NiSource
Yahoo
4 days ago
- Business
- Yahoo
NiSource's Quarterly Earnings Preview: What You Need to Know
Merrillville, Indiana-based NiSource Inc. (NI) is an energy holding company that operates as a regulated natural gas and electric utility company. Valued at $18.9 billion by market cap, the company provides natural gas to approximately 2.4 million residential, commercial, and industrial customers, and also generates, transmits, and distributes electricity to approximately 0.5 million customers in various counties in northern Indiana. The leading natural gas distribution company is expected to announce its fiscal second-quarter earnings for 2025 on Wednesday, Aug. 6. Ahead of the event, analysts expect NI to report a profit of $0.21 per share on a diluted basis, unchanged from the same quarter last year. The company has consistently surpassed Wall Street's EPS estimates in its last four quarterly reports. More News from Barchart Nat-Gas Prices Erase Early Gains as Weekly EIA Inventories Build Crude Oil Prices Jump on Signs of a Tightening Supply Outlook Crude Oil Prices Climb on Supply Disruptions in Iraq Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For the full year, analysts expect NI to report EPS of $1.88, representing a 7.4% increase from $1.75 in fiscal 2024. Its EPS is expected to rise 7.5% year-over-year to $2.02 in fiscal 2026. NI stock has outperformed the S&P 500 Index's ($SPX) 12.7% gains over the past 52 weeks, with shares up 31.1% during this period. Similarly, it outperformed the Utilities Select Sector SPDR Fund's (XLU) 17.5% gains over the same time frame. NiSource's strong performance is attributed to strategic investments in modernizing its infrastructure, resulting in improved service reliability. The addition of clean assets to the company's portfolio has further boosted its overall performance. With planned regulated investments, NiSource is poised to enhance the reliability and safety of its services, providing efficient electric and natural gas services to a growing customer base. On May 7, NI shares closed up 2.9% after the company reported its Q1 results. Its adjusted EPS of $0.98 beat Wall Street expectations of $0.90. NI expects full-year adjusted EPS in the range of $1.85 to $1.89. Analysts' consensus opinion on NI stock is bullish, with an overall 'Strong Buy' rating. Out of 15 analysts covering the stock, 14 advise a 'Strong Buy' rating, and one suggests a 'Hold.' NI's average analyst price target is $43.28, indicating a potential upside of 7.6% from the current levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
03-07-2025
- Business
- Globe and Mail
NiSource Appoints Durgesh Chopra Vice President of Investor Relations
NiSource Inc. (NYSE: NI) today announced the appointment of Durgesh Chopra as Vice President of Investor Relations, effective July 7. In this role, Durgesh will strengthen NiSource's relationships with the investment community and effectively communicate the company's financial performance and strategic direction. Durgesh has over 15 years of experience in the utilities, infrastructure and renewables sectors. Most recently, Durgesh served as Managing Director at Evercore, where he led equity research coverage of the Power & Utilities sector. Prior to that, he was Director of Investor Relations at American Water, where he played a key role in shaping the company's investor messaging and outreach. 'Durgesh combines deep investment community insight with hands-on experience in regulated utilities. His ability to communicate complex financial strategies and his dedication to serving communities align perfectly with NiSource's mission to deliver safe, reliable energy to our customers,' said Shawn Anderson, Chief Financial Officer. NiSource looks forward to Durgesh's leadership in advancing its investor relations efforts and continuing to build strong relationships with the investment community. About NiSource NiSource Inc. (NYSE: NI) is one of the largest fully-regulated utility companies in the United States, serving approximately 3.3 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands. The mission of our approximately 7,700 employees is to deliver safe, reliable energy that drives value to our customers. NiSource is a member of the Dow Jones Sustainability - North America Index and is on Forbes lists of America's Best Employers for Women and Diversity. Learn more about NiSource's record of leadership in sustainability, investments in the communities it serves and how we live our vision to be an innovative and trusted energy partner at The content of our website is not incorporated by reference into this document or any other report or document NiSource files with the Securities and Exchange Commission ('SEC').
Yahoo
03-07-2025
- Business
- Yahoo
NiSource Appoints Durgesh Chopra Vice President of Investor Relations
MERRILLVILLE, Ind., July 03, 2025--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) today announced the appointment of Durgesh Chopra as Vice President of Investor Relations, effective July 7. In this role, Durgesh will strengthen NiSource's relationships with the investment community and effectively communicate the company's financial performance and strategic direction. Durgesh has over 15 years of experience in the utilities, infrastructure and renewables sectors. Most recently, Durgesh served as Managing Director at Evercore, where he led equity research coverage of the Power & Utilities sector. Prior to that, he was Director of Investor Relations at American Water, where he played a key role in shaping the company's investor messaging and outreach. "Durgesh combines deep investment community insight with hands-on experience in regulated utilities. His ability to communicate complex financial strategies and his dedication to serving communities align perfectly with NiSource's mission to deliver safe, reliable energy to our customers," said Shawn Anderson, Chief Financial Officer. NiSource looks forward to Durgesh's leadership in advancing its investor relations efforts and continuing to build strong relationships with the investment community. About NiSource NiSource Inc. (NYSE: NI) is one of the largest fully-regulated utility companies in the United States, serving approximately 3.3 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands. The mission of our approximately 7,700 employees is to deliver safe, reliable energy that drives value to our customers. NiSource is a member of the Dow Jones Sustainability - North America Index and is on Forbes lists of America's Best Employers for Women and Diversity. Learn more about NiSource's record of leadership in sustainability, investments in the communities it serves and how we live our vision to be an innovative and trusted energy partner at The content of our website is not incorporated by reference into this document or any other report or document NiSource files with the Securities and Exchange Commission ("SEC"). NI-F View source version on Contacts Media Kristen KingFinance Communications(380) 268-3023kking@ Investors Investor Relationsinvestors@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
03-07-2025
- Business
- Associated Press
NiSource Appoints Durgesh Chopra Vice President of Investor Relations
MERRILLVILLE, Ind.--(BUSINESS WIRE)--Jul 3, 2025-- NiSource Inc. (NYSE: NI) today announced the appointment of Durgesh Chopra as Vice President of Investor Relations, effective July 7. In this role, Durgesh will strengthen NiSource's relationships with the investment community and effectively communicate the company's financial performance and strategic direction. Durgesh has over 15 years of experience in the utilities, infrastructure and renewables sectors. Most recently, Durgesh served as Managing Director at Evercore, where he led equity research coverage of the Power & Utilities sector. Prior to that, he was Director of Investor Relations at American Water, where he played a key role in shaping the company's investor messaging and outreach. 'Durgesh combines deep investment community insight with hands-on experience in regulated utilities. His ability to communicate complex financial strategies and his dedication to serving communities align perfectly with NiSource's mission to deliver safe, reliable energy to our customers,' said Shawn Anderson, Chief Financial Officer. NiSource looks forward to Durgesh's leadership in advancing its investor relations efforts and continuing to build strong relationships with the investment community. About NiSource NiSource Inc. (NYSE: NI) is one of the largest fully-regulated utility companies in the United States, serving approximately 3.3 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands. The mission of our approximately 7,700 employees is to deliver safe, reliable energy that drives value to our customers. NiSource is a member of the Dow Jones Sustainability - North America Index and is on Forbes lists of America's Best Employers for Women and Diversity. Learn more about NiSource's record of leadership in sustainability, investments in the communities it serves and how we live our vision to be an innovative and trusted energy partner at The content of our website is not incorporated by reference into this document or any other report or document NiSource files with the Securities and Exchange Commission ('SEC'). NI-F View source version on CONTACT: Media Kristen King Finance Communications (380) 268-3023 [email protected] Investor Relations [email protected] KEYWORD: UNITED STATES NORTH AMERICA INDIANA INDUSTRY KEYWORD: UTILITIES ENERGY SOURCE: NiSource Inc. Copyright Business Wire 2025. PUB: 07/03/2025 09:00 AM/DISC: 07/03/2025 09:01 AM
Business Wire
03-07-2025
- Business
- Business Wire
NiSource Appoints Durgesh Chopra Vice President of Investor
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) today announced the appointment of Durgesh Chopra as Vice President of Investor Relations, effective July 7. In this role, Durgesh will strengthen NiSource's relationships with the investment community and effectively communicate the company's financial performance and strategic direction. Durgesh has over 15 years of experience in the utilities, infrastructure and renewables sectors. Most recently, Durgesh served as Managing Director at Evercore, where he led equity research coverage of the Power & Utilities sector. Prior to that, he was Director of Investor Relations at American Water, where he played a key role in shaping the company's investor messaging and outreach. 'Durgesh combines deep investment community insight with hands-on experience in regulated utilities. His ability to communicate complex financial strategies and his dedication to serving communities align perfectly with NiSource's mission to deliver safe, reliable energy to our customers,' said Shawn Anderson, Chief Financial Officer. NiSource looks forward to Durgesh's leadership in advancing its investor relations efforts and continuing to build strong relationships with the investment community. About NiSource NiSource Inc. (NYSE: NI) is one of the largest fully-regulated utility companies in the United States, serving approximately 3.3 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands. The mission of our approximately 7,700 employees is to deliver safe, reliable energy that drives value to our customers. NiSource is a member of the Dow Jones Sustainability - North America Index and is on Forbes lists of America's Best Employers for Women and Diversity. Learn more about NiSource's record of leadership in sustainability, investments in the communities it serves and how we live our vision to be an innovative and trusted energy partner at The content of our website is not incorporated by reference into this document or any other report or document NiSource files with the Securities and Exchange Commission ('SEC'). NI-F
