Merrillville, Indiana-based NiSource Inc. (NI) is an energy holding company that operates as a regulated natural gas and electric utility company in the United States. The company has a market cap of $22.7 billion and operates in two segments, Columbia Operations and NIPSCO Operations and provides natural gas to residential, commercial, and industrial customers.
Companies with a market cap of $10 billion or more are typically referred to as “big-cap stocks.” NI fits squarely into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the regulated gas utilities industry.
