Valued at a market cap of $19.4 billion, NiSource Inc. (NI) is an energy holding company that provides natural gas and electricity services. The Merrillville, Indiana-based company is also investing heavily in modernizing infrastructure, upgrading electric transmission and distribution, deploying cleaner energy sources, and maintaining strong regulatory relationships.
Companies worth $10 billion or more are typically classified as “large-cap stocks,” and NiSource fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the utilities - regulated gas industry. The company’s strength lies in being a fully regulated utility, which ensures stable and predictable cash flows. Its focus on infrastructure modernization and clean energy transition, including pipeline replacement, grid upgrades, and renewable integration, positions it well for long-term growth while maintaining reliability and safety for customers.
