Business description: NiSource, Inc.

NiSource, Inc. is a holding company organized around 2 areas of activities:

- distribution of natural gas (66.5% of net sales): activity ensured, at the end of 2025, to 2.4 million customers and through a network of approximately 87,870.2 km;

- production, transmission, and distribution of electricity (31.7%): 496,534 customers at the end of 2025 ;

- other (1.8%).

Number of employees: 7,703

Sales by Activity: NiSource, Inc.

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

Columbia Operations

- - - 2.72B 3.34B

NIPSCO Operations

- - - 2.75B 3.31B

Gas Distribution Operations

3.18B 4.02B 3.73B - -

Corporate and Other

492M 478M 505M 582M 600M

Eliminations

-473M -478M -517M -595M -610M

Electric Operations

1.7B 1.83B 1.78B - -

Geographical breakdown of sales: NiSource, Inc.

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

United States

4.9B 5.85B 5.51B 5.46B 6.64B

Executive Committee: NiSource, Inc.

Manager TitleAgeSince
Chief Executive Officer 65 13/02/2022
Director of Finance/CFO 45 26/03/2023
Chief Tech/Sci/R&D Officer - -
Chief Operating Officer 64 30/06/2022
Chief Administrative Officer 56 -

Composition of the Board of Directors: NiSource, Inc.

Director TitleAgeSince
Director/Board Member 69 31/12/2007
Director/Board Member 64 31/12/2014
Chairman 69 06/05/2019
Director/Board Member 66 26/01/2017
Director/Board Member 65 09/07/2017
Director/Board Member 67 04/09/2018
Director/Board Member 55 04/06/2019
Director/Board Member 65 08/03/2020
Director/Board Member 63 26/01/2022
Director/Board Member 57 13/02/2022

Shareholders: NiSource, Inc.

NameStocks%Valuation
T. Rowe Price Investment Management, Inc.
10.39 %
49,815,015 10.39 % 2 369 M $
BlackRock Advisors LLC
8.642 %
41,431,318 8.642 % 1 970 M $
Vanguard Capital Management LLC
6.496 %
31,142,795 6.496 % 1 481 M $
5.653 %
27,102,422 5.653 % 1 289 M $
Vanguard Portfolio Management LLC
5.628 %
26,980,955 5.628 % 1 283 M $

Company details: NiSource, Inc.

NiSource, Inc.

801 East 86th Avenue

46410, Merrillville

+614 460 6000

http://www.nisource.com
address NiSource, Inc.(NI)

Group companies: NiSource, Inc.

NameCategory and Sector
Gas Distributors
Gas Distributors
Alternative Power Generation
Gas Distributors
Alternative Power Generation

Other Multiline Utilities

Change 5-day change 1-year change 3-year change Capi.($)
+2.64%-0.11%+11.63%+65.85% 21.75B
+2.08%+0.04%+16.45%+18.55% 81.48B
0.00%+0.38%-19.88%-18.90% 81.43B
+1.96%+0.55%+40.33%+78.24% 75B
+2.72%-0.33%+18.43%+23.19% 59.22B
+1.74%+0.72%+19.95%+69.18% 57.46B
-.--%-.--%-.--%-.--% 51.55B
+1.34%+2.68%+58.80%+47.19% 46.86B
+0.43%+0.37%-18.89%-2.64% 38.31B
-2.21%-1.85%-4.32%-1.85% 37.03B
Average +1.07%-0.80%+12.25%+27.88% 55.01B
Weighted average by Cap. +1.15%-0.83%+12.92%+26.66%
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
16
Last Close Price
45.37USD
Average target price
51.30USD
Spread / Average Target
+13.07%

Quarterly revenue - Rate of surprise

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