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Saturday, November 28, 2009, 6:07AM ET - U.S. Markets Closed. Dow Down 1.48% Nasdaq Down 1.73%
Nisource Inc. (NI)On Nov 27: 14.21  Down 0.26 (1.80%)  
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Nisource Inc.
801 East 86th Avenue
Merrillville, IN 46410
United States - Map
Phone: 877-647-5990
Fax: 219-647-5589
Web Site: http://www.nisource.com

DETAILS 
Index Membership:Dow Jones Composite
Dow Utilites
S&P 500
S&P 1500 Super Comp
Sector:Utilities
Industry:Diversified Utilities
Full Time Employees:7,981

BUSINESS SUMMARY 
NiSource Inc., an energy holding company, through its subsidiaries, provides natural gas, electricity, and other products and services. The company operates through four segments: Gas Distribution Operations, Gas Transmission and Storage Operations, Electric Operations, and Other Operations. The Gas Distribution Operations segment provides natural gas to residential, commercial, and industrial customers. As of December 31, 2008, it served approximately 3.3 million customers in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana, and Massachusetts, as well as operated approximately 57,466 thousand miles of pipeline. The Gas Transmission and Storage Operations segment owned and operated 16 thousand miles of interstate pipelines, and operated underground natural gas storage systems capable of storing approximately 629 billion cubic feet of natural gas. The Electric Operations segment generates, transmits, and distributes electricity to approximately 457 thousand customers in the northern part of Indiana, and engages in wholesale and transmission transactions. As of December 31, 2008, it operated 3 coal-fired electric generating stations with a net capability of 2,574 megawatt (mw), 4 gas-fired generating units with a net capability of 203 mw, and 2 hydroelectric generating plants with a net capability of 10 mw. The Other Operations segment provides energy-related services, such as gas marketing, power and gas risk management, and ventures focused on distributed power generation technologies, fuel cells, and storage systems. It also engages in real estate and other businesses. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1912 and is headquartered in Merrillville, Indiana.
Key Statistics

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    CORPORATE GOVERNANCE 
    Nisource Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 71.3% of S&P 500 companies and 82% of Utilities companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Robert C. Skaggs Jr., 54
    Chief Exec. Officer, Pres
    N/A N/A
    Mr. Stephen P. Smith , 47
    Chief Financial Officer and Exec. VP
    $ 776.00KN/A
    Mr. Christopher A. Helms Chris, 54
    Exec. VP and Group Chief Exec. Officer of NiSource Gas Transmission & Storage
    N/A N/A
    Ms. Eileen O'Neill Odum , 54
    Group Chief Exec. Officer of Indiana Bus. Segment and Exec. VP
    $ 660.00KN/A
    Mr. Jimmy D. Staton , 48
    Group Chief Exec. Officer of Gas Distribution Segment and Exec. VP of Gas Distribution Segment
    $ 759.00KN/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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