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NISOURCE INC. (NI)

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Business Summary
Logo NiSource Inc.
Provides electric energy, natural gas, and water distribution services

NiSource, Inc. is an energy holding which, through its subsidiaries provides natural gas, electricity and other products and services to customers located within a corridor stretching from the Gulf Coast through the Midwest to New England.

It is also engaged in natural gas transmission, storage and distribution, as well as electric generation, transmission and distribution.

The company operates through three segments: Gas Distribution Operations, Gas Transmission and Storage Operations, and Electric Operations.

The Gas Distribution Operations segment provides natural gas service and transportation for residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana and Massachusetts.

The Gas Transmission and Storage Operations segment offers gas transportation and storage services for Local distribution companies, marketers and industrial and commercial customers located in Northeastern, Mid-Atlantic, Midwestern and Southern states.

The Electric Operations segment provides electric service in various counties in the northern part of Indiana.

NiSource was founded in 1987 and is headquartered in Merrillville, IN.

Number of employees : 8 982 persons.
Sales per Businesses
201220132014
USD (in Million)%USD (in Million)%USD (in Million)%
Gas2,66352.9%3,05454%3,59355.5%
Electric1,50930%1,56427.6%1,67325.8%
Columbia Pipeline852.8016.9%1,03218.2%1,19818.5%
Corporate & Other36.400.7%8.000.1%6.700.1%
Other Utility Services------
Sales per Regions
201220132014
USD (in Million)%USD (in Million)%USD (in Million)%
United States5,061100.6%5,657100%6,471100%
Managers
NameAgeSinceTitle
Robert Skaggs602003President, Chief Executive Officer & Director
Richard Thompson752013Independent Non-Executive Chairman
Stephen Paul Smith, MBA532000Chief Financial Officer & Executive Vice President
Violet G. Sistovaris, MBA-1994Chief Information Officer & Senior Vice President
Carolyn Y. Woo, PhD601998Independent Director
Marty R. Kittrell, CPA582007Independent Director
Wallace Lee Nutter712007Independent Director
Deborah S. Parker612007Independent Director
Richard A. Abdoo712008Independent Director
Michael E. Jesanis582008Independent Director
Shareholders
NameShares%
The Vanguard Group, Inc. 24,716,611 7.82%
T. Rowe Price Associates, Inc. 21,991,926 6.95%
SSgA Funds Management, Inc. 16,275,486 5.15%
BlackRock Fund Advisors 16,266,690 5.14%
Fidelity Management & Research Co. 15,954,104 5.05%
Deutsche Asset & Wealth Management Investment GmbH 11,218,608 3.55%
JPMorgan Investment Management, Inc. 10,821,819 3.42%
Deutsche Investment Management Americas, Inc. 8,347,246 2.64%
Adage Capital Management LP 5,091,625 1.61%
Tortoise Capital Advisors LLC 4,512,593 1.43%
Sector
Utilities
Utilities
 Multiline Utilities
  Multiline Utilities
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Company contact information
NiSource, Inc.
801 East 86th Avenue
Merrillville, IN 46410

Phone : +1.877.647.5990
Fax : +1.877.647.5589
Web : www.nisource.com
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