NiSource Inc. (NI) is a leading regulated utility company headquartered in Merrillville, Indiana, with a market cap of approximately $20 billion. Operating within the Utilities sector and the Gas Utilities industry, NiSource provides natural gas and electric services to nearly 4 million customers across six U.S. states, including Indiana, Ohio, and Pennsylvania. The company focuses on delivering reliable, safe, and sustainable energy through its local distribution companies, while also investing in modernizing infrastructure and advancing clean energy initiatives.
NiSource has shown steady gains year-to-date (YTD), with its stock rising 15.3%, higher than the broader S&P 500 Index ($SPX), which has delivered about 7.8% returns over the same period. Over the 52-week span, NiSource again outperformed, reflecting investor confidence in the company’s regulated utility model and long-term growth strategy. It’s 36.2% gains compare favorably with the $SPX’s 21.9% returns. NI, in fact, hit its 52-week high of $43.51 recently, on Aug. 4.
