NISOURCE INC.
Ticker: NIUtilitiesElectric, Gas & WaterS&P 500The business
NiSource Inc. (NYSE: NIS) is an energy holding company that operates as a fully regulated utility provider serving approximately 3.8 million customers across six states. The company's website is www.nisource.com.
NiSource's business centers on two primary reportable segments: Columbia Operations and NIPSCO Operations. Columbia Operations provides natural gas distribution to approximately 2.4 million residential, commercial, and industrial customers across Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. The segment operates roughly 37,300 miles of distribution main pipeline and 310 miles of transmission main pipeline, supported by owned storage facilities including propane and propane-air gas storage. NIPSCO Operations comprises both gas and electric utilities serving northern Indiana, with approximately 0.9 million gas customers and 0.5 million electric customers across 20 counties. NIPSCO Gas operates approximately 18,100 miles of distribution main pipeline and 720 miles of transmission main pipeline, while NIPSCO Electric generates, transmits, and distributes electricity through a transmission system with voltages ranging from 69,000 to 765,000 volts.
The company employs 7,668 full-time and 70 part-time employees, with 32 percent of the workforce subject to collective bargaining agreements. NiSource's generation portfolio includes eight renewable facilities, two hydroelectric plants, one combined-cycle gas turbine facility, and two coal-fired plants. The company also operates multiple power purchase agreements providing approximately 1,200 megawatts of capacity.
NiSource's strategic focus emphasizes safe and reliable service through rate-regulated, asset-based utilities while advancing infrastructure investment and environmental programs. In 2025, the company entered into a significant agreement with Amazon Data Services to provide electric service through generation assets developed by subsidiary GenCo. The company maintains a net zero greenhouse gas emissions goal by 2040 covering both Scope 1 and Scope 2 emissions, having already reduced Scope 1 emissions by approximately 72 percent from 2005 levels. NiSource derives substantially all revenues and earnings from its regulated utility operations across its service territories.
- Sector
- Utilities
- Industry
- Electric, Gas & Water
- HQ
- MERRILLVILLE, IN
- FY end
- 12-31
- CIK
- 1111711
- SIC
- 4931
Ownership
Who holds NISOURCE INC. — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30
Top fund holders
| Fund | % of fund | Value |
|---|---|---|
| T. Rowe Price Capital Appreciation Fund PRWCX · T. ROWE PRICE CAPITAL APPRECIATION FUND, INC. | 1.19% | $837.35M |
| VANGUARD TOTAL STOCK MARKET INDEX FUND VTI · VANGUARD INDEX FUNDS | 0.03% | $723.92M |
| VANGUARD 500 INDEX FUND VOO · VANGUARD INDEX FUNDS | 0.04% | $590.81M |
| State Street(R) Utilities Select Sector SPDR(R) ETF XLU · SELECT SECTOR SPDR TRUST | 1.61% | $370.96M |
| iShares Core S&P 500 ETF IVV · iShares Trust | 0.04% | $313.60M |
Bonds held by funds
Funds report holding 23 issues of NISOURCE INC.'s debt, $3.72B at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 4.75%, maturing 2027–2056.
| Issue | Coupon | Matures | Funds | Fund-held |
|---|---|---|---|---|
| NiSource Inc | 5.750% | 2056-07-15 | 93 | $468.91M |
| NiSource Inc | 2.950% | 2029-09-01 | 66 | $318.16M |
| NiSource Inc | 3.600% | 2030-05-01 | 94 | $301.15M |
| NISOURCE INC | 5.250% | 2028-03-30 | 123 | $286.66M |
| NiSource Inc. | 5.850% | 2055-04-01 | 105 | $258.82M |
| NISOURCE INC | 5.350% | 2035-07-15 | 64 | $254.56M |
| NiSource, Inc. | 5.200% | 2029-07-01 | 87 | $249.93M |
| NI 5.35 04/01/34 | 5.350% | 2034-04-01 | 86 | $224.36M |
| NiSource Inc | 1.700% | 2031-02-15 | 84 | $165.06M |
| NISOURCE INC | 6.375%Variable | 2055-03-31 | 64 | $164.17M |
The 10 largest by fund-held value, of 23.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
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