With a market cap of $19.8 billion, NiSource Inc. (NI) operates as a regulated natural gas and electric utility through its Columbia Operations and NIPSCO Operations segments. The company delivers natural gas to approximately 2.4 million customers across several states using an extensive network of distribution and transmission pipelines.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and NiSource fits this criterion perfectly. NiSource also generates, transmits, and distributes electricity to about 0.5 million customers in northern Indiana, supported by a diverse mix of coal, natural gas, hydro, wind, and solar generating facilities.
