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NiSource Inc. (NI)

NYSE - Nasdaq Real Time Price. Currency in USD
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21.97-0.23 (-1.04%)
As of 11:42AM EDT. Market open.
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  • B
    BACH
    Not sure why NI closing prices have been lower since they announced" the maximum tender offers on all high interest NOTES". I view it as a positive move. Can someone explain this. Thanks.
  • J
    James
    NI electric is going 100% renewable. Countries that have done this have almost tripled their electric rates. Germany for example rates are almost triple the rates in the United States. They have enough windmill capacity to connected on line to provide 100% of their load. However because the wind does not always blow the wind mills only supply about 5% of their energy requirements. Tanzania is 100% dependent on hydroelectric power, they have continuous rolling blackouts What NI should be building is gas fired combined cycle plants plants. When NI finally figures out this is a bad idea, I will submit my resume to become the CEO, I can make equally poor decisions for a lot less money.
  • B
    BACH
    The Covid 19 forced people staying home and the Electric and Gas usage are HIGH. Cooking, washing, running Air Conditioning to stay cool. My monthly bills are high and NI
    should be benefiting from this. They should meet or beat their up coming earnings.
    Bullish
  • L
    Lee
    Does NI carry corporate liability insurance for these disasters or ?
  • L
    Lee
    Here in Pennsylvania several state legislators have gone to the state Public Utilities Commission because of the new corporate tax rates in an effort to lower electric rates etc. The Pa State Utilities Commission has agreed that electric rates are too high due to the new corporate tax rates and is having hearings to lower electric rates. How will this then effect NISource and their rates an asking for new rate increases ?
  • R
    Raf
    Nio his looking goood for BUY
    Bullish
  • L
    Lee
    What is the investigation by Glancy Prongay and Murray LLP attorneys into the NI 's board about ?
  • B
    Booleansearcher
    took a position here. have been buying into utility sector at low prices and good yields and will be happy to add if they drop a little. Boolean
  • d
    dave
    According to their Proxy statement, the CEO has a base salary of 975,000 with incentives up to $5,000,000. The main responsibility of a gas utility is to provide gas safely and the company utterly failed on this. Probably too much emphasis on rate increases, financial engineering and executive compensation and not enough of customer safety. If the regulators are going to do their job then they should require a complete safety overall before allowing any executive bonuses or dividends.
  • L
    Lee
    Please note it is illegal and inappropriate to post others materials on this site . That means promoting various trade platforms. This NI Conversation is for shareholders and potential buyers of NI stock and to share information. It is not an advertising platform . Do not post spam or you will be deleted and reported
  • L
    Lee
    New High !!
  • D
    Dman79
    tomorrow will not be good
  • L
    Larry
    70-100 houses on fire now I may nibble @$10
  • d
    doc
    Volume is double the average? Why?
  • R
    Robert
    The rate case and settlement needed to be withdrawn so the Governor of Massachusetts can write a check to cover the costs of the replacement of the old pipes with new pipes and whip his nay-saying regulators into shape.
    https://www.prnewswire.com/news-releases/columbia-gas-of-massachusetts-withdrawing-pending-rate-case-300715644.html
    Complete focus on serving customers following Greater Lawrence area incident
    Complete focus on serving customers following Greater Lawrence area incident
    www.prnewswire.com
  • J
    JFB
    HOUSTON, Oct 11 (Reuters) - A NiSource Inc affiliate's construction work led to overpressured natural-gas distribution lines tied to explosions in Massachusetts that killed one person and injured 21, the National Transportation Safety Board said in a preliminary report released on Thursday.

    Crews were working for Columbia Gas of Massachusetts on a pipe-replacement project in Lawrence, a city northwest of Boston, when pressure regulators opened, sending gas at high pressure into homes and businesses. The overpressured lines led to explosions and fires that damaged 131 homes and businesses in Lawrence, North Andover and Andover. (Reporting by Liz Hampton Editing by Leslie Adler)

    Start the conversation
    JFB

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    GuidelinesPost

    NiSource Statement on NTSB Preliminary Report
    PR Newswire PR Newswire•October 11, 2018
    LAWRENCE, Mass., Oct. 11, 2018 /PRNewswire/ -- Joe Hamrock, President and CEO of NiSource Inc. (NI), parent company of Columbia Gas of Massachusetts, today released the following statement on the release of the National Transportation Safety Board's (NTSB) preliminary report regarding the Greater Lawrence area gas incident that occurred on September 13, 2018:

    "Today the National Transportation Safety Board (NTSB), the independent Federal agency charged by Congress with investigating pipeline accidents, issued its preliminary report regarding the events of September 13th. The company is fully cooperating with the NTSB and provided information to assist in its ongoing investigation into relevant facts related to the event, the probable cause, and its development of safety recommendations.

    "As a party to the NTSB investigation, we are prohibited from discussing or speculating on the cause of the incident or facts related to it until the NTSB has completed its work. However, we can say that, because safety is our top priority, in the hours immediately after the incident we suspended similar work and enhanced procedures related to our low pressure systems. We saw these as responsible steps to take in the aftermath of the incident and while the facts were being gathered.

    "As we have said before, we remain focused on three key areas: Taking Care of People: We continue to work with state and local leaders and a broad network of community partners to meet the needs of the people affected by this incident and to keep them fully informed as the recovery effort moves forward. Ensuring Safety: All of our actions are driven by our commitment to the safety of our customers, our communities and our employees. Regaining Trust: We are working to restore gas service as quickly as possible and are committed to taking the steps needed to re-earn the trust of our customers, communities, and public officials.
  • J
    JFB
    I say will continue to go down in price....Just like what happened to PCG (PG & E )....takes about 10 days for law suits to really start being served....Buying October and April Puts....Just my thought....
  • D
    Douglas
    May take awhile but it will recover. Time to buy more.
    On September 24, 2018 Thomson Reuters/Verus upgraded NISOURCE INC (NI) from HOLD to BUY.
  • L
    Lee
    Nice - Dividend is now .20 per share
  • L
    Lee
    New High NiSource Inc 29.34 !!