How this company measures up on the fundamentals that matter
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Columbia Operations and NIPSCO Operations. The company provides natural gas to residential, commercial, and industrial customers through approximately 37,300 miles of distribution main pipeline and the associated individual customer service lines; and 310 miles of transmission main pipeline in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It also generates, transmits, and distributes electricity to approximately 0.5 million customers in various counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates steam coal generating stations in Wheatfield and Michigan City; combined cycle gas turbine in West Terre Haute; natural gas generating units in Wheatfield; hydro generating plants in Carroll County and White County; wind generating units in White County; and solar generating units in Sullivan County, Gibson County, Jasper County, and White County. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.
Five compliance checks based on AAOIFI standards — all must pass for ethical clearance
Trading near fair value at $47 (estimated $45). Fails ethical screen (Debt ratio). Ranks better than 6% of screened stocks.
Statistical analysis of price behaviour, risk, and market regime — independent of fundamental data
Trading characteristics and market positioning
Balance sheet strength and cash generation — the foundation of long-term value
SEC Form 4 filings — what company insiders are buying and selling
| Date | Insider | Title | Type | Shares | Value |
|---|---|---|---|---|---|
| 2026-05-20 | BIRMINGHAM-BYRD MELODY | Officer | 12,500 | $590,425 | |
| 2026-05-11 | HERSMAN DEBORAH A. P. | Director | 3,807 | $179,043 | |
| 2026-05-11 | LEE CASSANDRA S | Director | 3,807 | $179,043 | |
| 2026-05-11 | JESANIS MICHAEL E | Director | 3,807 | $179,043 | |
| 2026-05-11 | KABAT KEVIN T | Director | 3,807 | $179,043 | |
| 2026-05-11 | BUTLER ERIC L. | Director | 3,807 | $179,043 | |
| 2026-05-11 | MCAVOY JOHN | Director | 3,807 | $179,043 | |
| 2026-05-11 | BARBOUR SONDRA L | Director | 3,807 | $179,043 | |
| 2026-05-11 | BUNTING THEODORE H JR | Director | 3,807 | $179,043 | |
| 2026-05-11 | HENRETTA DEBORAH ANN | Director | 3,807 | $179,043 |
Congressional trading disclosures involving this instrument
| Date | Politician | Party | Type | Amount |
|---|---|---|---|---|
| 9 Apr2026 | Scott Peters | Democrat | buy | 50K–100K |
| 9 Apr2026 | Scott Peters | Democrat | buy | 250K–500K |
| 9 Apr2026 | Scott Peters | Democrat | buy | 50K–100K |
| 7 Apr2026 | Scott Peters | Democrat | sell | 250K–500K |
| 6 May2026 | Dave McCormick | Republican | buy | 500K–1M |
Data sourced from public filings and market feeds. Not financial advice. Updated: 2025-12-31