Indiana-based NiSource Inc. (NI) is a fully regulated utility company that provides natural gas and electricity to nearly 4 million customers across six U.S. states through its Columbia Gas and NIPSCO brands. The company is currently valued at $19.4 billion by market cap.
Companies worth $10 billion or more are generally described as “large-cap stocks,” and NI perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the regulated utilities gas industry. Its growth strategy centers on modernizing and expanding its utility infrastructure, supported by regulatory investments and rising energy demand.
