25.55 0.00 (0.00%)
After hours: 5:15PM EDT
|Bid||0.00 x 29200|
|Ask||0.00 x 38800|
|Day's Range||24.72 - 25.62|
|52 Week Range||22.44 - 28.11|
|PE Ratio (TTM)||33.40|
|Earnings Date||Oct 30, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||0.78 (3.15%)|
|1y Target Est||27.50|
LAWRENCE, Mass., Sept. 21, 2018 /PRNewswire/ -- Columbia Gas of Massachusetts, a unit of NiSource Inc. (NI), today announced the next phase of recovery and replacement activities for the Greater Lawrence Area following the tragic events of September 13. NiSource President and CEO Joe Hamrock hosted a press conference with Governor Charlie Baker, Lt. Governor Karyn Polito, Lawrence Mayor Dan Rivera, Andover Town Manager Andrew Flanagan, North Andover Town Manager Andrew Maylor, Adjutant General of the MA National Guard Gary W. Keefe, Massachusetts Emergency Management Agency Director Kurt Schwartz, and public safety officials to announce utility restorations for the impacted areas, continued community support and the replacement plan for the gas pipeline system.
Glancy Prongay & Murray LLP continues investigation on behalf of NiSource Inc. investors concerning the Company and its officers’ possible violations of federal securities laws.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on September 19. Over the last month, growth of ETFs holding NI is favorable, with net inflows of $17.50 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.
Glancy Prongay & Murray LLP continues its investigation on behalf of NiSource Inc. investors concerning the Company and its officers’ possible violations of federal securities laws.
The utility made the proposal earlier this year, well before the gas explosions and fires in the Merrimack Valley.
MERRILLVILLE, Ind., Sept. 19, 2018 /PRNewswire/ -- Columbia Gas of Massachusetts, a unit of NiSource Inc. (NI), today announced it will withdraw its pending rate case and pending settlement following the Sept. 13 natural gas incident in the Greater Lawrence area. "Our team is fully committed to restoring the affected communities, rebuilding peace of mind and reestablishing trust in our company," said Columbia Gas of Massachusetts President Steve Bryant. The case was originally filed in April 2018 with the Massachusetts Department of Public Utilities (DPU).
MERRILLVILLE, Ind., Sept. 19, 2018 /PRNewswire/ -- Northern Indiana Public Service Company LLC (NIPSCO), a subsidiary of NiSource Inc. (NI), announced today as part of its future electric supply planning process, that analysis shows the most viable option for customers would include moving up the retirement of a majority of its remaining coal-fired generation in the next five years and all coal within the next 10 years. "This creates a vision for the future that is better for our customers and it's consistent with our goal to transition to the best cost, cleanest electric supply mix available while maintaining reliability, diversity and flexibility for technology and market changes," said NiSource Executive Vice President and NIPSCO president, Violet Sistovaris.
NEW YORK, NY / ACCESSWIRE / September 18, 2018 / Pomerantz LLP is investigating claims on behalf of investors of NiSource Inc. ("NiSource" or the "Company") (NYSE: NI). Such investors ...
The lawsuit, filed Tuesday in Essex County Superior Court, appears to be the first of what may end up being hundreds of legal claims against Columbia and its parent.
Law Offices of Howard G. Smith continues its investigation on behalf of NiSource Inc. investors concerning the Company and its officers’ possible violations of federal securities laws.
The rogue natural gas pressure surge that led to dozens of home explosions last week in Massachusetts very likely damaged the system’s antiquated network of pipes and could require lengthy testing and repair before service is restored to thousands of customers. An apparent malfunction sent gas through the pipelines at 12 times the normal pressure before the blasts last Thursday, perhaps more in places, according to data released by lawmakers and investigators. Much of the system is made of cast iron, which is brittle and can crack under pressure, said Richard Kuprewicz, a consultant who specializes in pipelines.
The blast of high-pressure natural gas that led to dozens of home explosions last week in Massachusetts very likely damaged the system’s antiquated pipeline network and could lead to a long period of testing and repairs before full service is restored to thousands of customers. The pipeline system received 12 times its normal pressure before the blasts last Thursday evening, perhaps more in places, according to data released by lawmakers and investigators. Much of the system is made of cast iron, which is brittle and can crack under pressure, said Richard Kuprewicz, a consultant who specializes in pipelines.
This article is intended for those of you who are at the beginning of your investing journey and want to begin learning about how to value company based on itsRead More...
A resident of a Massachusetts city rocked by last week's deadly gas blasts that damaged dozens of homes sued utility operator NiSource Inc on Tuesday, accusing it of inadequately maintaining its distribution system. The proposed class action lawsuit targets NiSource and its subsidiary Columbia Gas of Massachusetts, which services Andover, North Andover and Lawrence, three communities northwest of Boston that staged large-scale evacuations following the Thursday afternoon blasts that killed one person and injured at least 25. The lawsuit in Essex County Superior Court is the first to be filed after Thursday's explosions.
LAWRENCE, Mass., Sept. 18, 2018 /PRNewswire/ -- Today, Massachusetts Governor Charlie Baker, Lt. Governor Karyn Polito, Lawrence Mayor Daniel Rivera, Andover Town Manager Andrew Flanagan, North Andover Town Manager Andrew Maylor and Beth Francis of the Essex County Community Foundation (ECCF) joined Columbia Gas of Massachusetts President Steve Bryant in announcing a $10 million contribution by Columbia Gas to the Greater Lawrence Disaster Relief Fund at Essex County Community Foundation. The Fund will help serve the short and medium term needs of impacted residents, including housing, sustenance and support services.
The pressure in the Massachusetts natural gas pipe system rocked by a series of blasts late last week was 12 times higher than normal, according the state’s U.S. senators. NiSource Inc.’s Columbia Gas of Massachusetts system had readings of at least 6 pounds per square inch, eclipsing the network’s usual 0.5 pounds, Democratic Senators Edward Markey and Elizabeth Warren said in a letter to the company on Monday. “Columbia Gas does not have a spotless operating history in Massachusetts,” the senators said, citing a 2012 explosion that injured 17 people, along with six gas leaks going back to 2004.
Let’s take a look at utility stocks (XLU) with attractive upside potentials for the next 12 months. PG&E (PCG) stock has a median target price of $51.9—compared to its current market price of $47.0, which indicates an upside potential of more than 10% for the next year.
NEW YORK, Sept. 17, 2018-- Bragar Eagel & Squire, P.C. is investigating potential claims against NiSource Inc.. Our investigation concerns whether NiSource has violated the federal securities laws and/or ...
Glancy Prongay & Murray LLP announces an investigation on behalf of NiSource Inc. investors concerning the Company and its officers’ possible violations of federal securities laws.
Holzer & Holzer, LLC is investigating whether NiSource, Inc. complied with the federal securities laws. On September 13, 2018, dozens of gas pipe explosions occurred in the Merrimack Valley in Massachusetts causing several injuries and one death.
NiSource's (NI) unit to replace systems of Andover,Lawrence as well as North Andover with state-of-the-art plastic distribution mains and service lines.
BOSTON—The series of deadly gas explosions and fires in three communities north of Boston last week occurred after too much natural gas was pumped into a section of pipe owned by Columbia Gas, causing the combustible fuel to leak into homes, authorities said Sunday. The National Transportation Safety Board “can confirm at this time that this was indeed an overpressure situation,” NTSB Chairman Robert Sumwalt said at a news briefing. State and federal authorities are investigating after at least 60 fires and explosions traced to gas lines erupted Thursday in Lawrence, Andover and North Andover, about 25 miles north of Boston, killing an 18-year-old man and injuring multiple people.
MERRILLVILLE, Ind., Sept. 16, 2018 /PRNewswire/ -- Columbia Gas of Massachusetts, a unit of NiSource Inc. (NI), today announced that it is committed to completely replace the natural gas distribution system in the Merrimack Valley. The company is developing a plan in collaboration with the Governor's Office and all stakeholders to replace the entire affected 48-mile cast iron and bare steel pipeline system in the towns of Andover, Lawrence and North Andover with state-of-the-art plastic distribution mains and service lines, and modern safety features such as pressure regulation and excess flow valves at each premise. "This unprecedented event requires unprecedented action," said NiSource President and CEO Joe Hamrock.
Stocks opened to narrow gains Friday with AMD, Shite and Nio posting strong early moves, while Tilray led a sell off among marijuana issues.