AllAnalyst Report
logoArgusFebruary 23, 2024

NiSource Inc.: Reiterating BUY following 4Q results

Symbols
NI
Sector(s)
Utilities
Rating
Current Price
$27.94
Price Target
Earnings Estimate
Summary

NiSource Inc. is an energy holding company whose subsidiaries are fully regulated natural gas and electric utility companies serving nearly 4 million natural gas customers and 500,000 electric customers in six states. NiSource's principal subsidiaries include Columbia Gas, a natural gas distribution holding company; and NIPSCO, a regulated gas and electric company. NiSource derives substantially all of its revenues and earnings from

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Analyst Profile

David E. Coleman

Securities Analyst and Quantitative Portfolio Strategist
At Argus Research, David covers various Airline, Tobacco and Materials companies and is also a quantitative portfolio strategist. He received his undergraduate degree from Edinboro University of Pennsylvania, graduating magna cum laude with a Bachelor of Science degree in Biology and a minor in Psychology. Prior to joining Argus, David worked in a variety of industries, ranging from industrial engineering to commercial fishing. David is the great-grandson of Harold B. Dorsey, who founded Argus in 1934. He started his career at Argus in the Economics department.