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What smart money is saying about NiSourceUnited States flag

NI · Utilities · Regulated Gas · Market cap $20.46B

1 fund in our archive has pitched NiSource — most recently Reaves W H & CO Long Term Value Strategy in September 2026.

Company profile

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.

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Summarize with Warren AI
2
Reported positions
0
Bought
0
Sold
3
Letters

Position history

Between Q2 2026 and Q3 2026, 2 fund letters reported a position in NiSource, with no move described.

Fund letters reporting a position in NiSource, by quarter
QuarterLettersBoughtSoldTheses
Q3 20261001
Q2 20261000

Fund activity · 2 positions

Also mentioned · 1

These funds discuss NiSource — as a competitor, benchmark or comparable — without disclosing a position in it.

  • MentionedDiameter
    December 2025
    “Our matching of projects with regulated footprints makes us think that utilities like AEP might be future beneficiaries of an enhanced rate base, while NiSource and PPL could win with their ringfenced deregulated GenCos.”
    NiSource

Fund coverage · 1 thesis

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