NiSource Acknowledged as One of America’s Most Responsible Companies for 2023 by Newsweek

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Nisource Inc Intrinsic Value – NISOURCE ($NYSE:NI): It is one of the largest gas and electric distributors in the United States and has a presence in nine states. NiSource has earned recognition for its commitment to social responsibility and sustainability. Recently, Newsweek recognized NiSource as one of America’s Most Responsible Companies for the year 2023. This honor is awarded to companies that demonstrate a commitment to ethical practices, environmental responsibility, and positive workplace culture. NiSource was recognized for its commitment to environmental stewardship and its ongoing efforts to reduce emissions, improve energy efficiency, and promote renewable energy sources.

In addition, NiSource was praised for its commitment to social responsibility. The company supports a wide variety of community initiatives, including educational programs, workforce development initiatives, and charitable giving. NiSource has also been recognized for its commitment to diversity and inclusion in the workplace, as well as its strong safety record. The company is committed to providing reliable energy services while also doing its part to help build sustainable communities. NiSource’s dedication to social responsibility has earned it a place among America’s most responsible companies for 2023.

Market Price

This recognition is a testament to the company’s commitment to sustainability and corporate responsibility. The media coverage has been overwhelmingly positive for NISOURCE INC, and on Thursday, the company’s stock opened at $27.6 and closed at $27.8, up by 0.4% from its previous closing price of $27.7. NISOURCE INC is committed to taking tangible steps to reduce its environmental footprint and promote sustainability, while also striving to provide quality services to its customers. The company has implemented a comprehensive sustainability strategy that includes reducing energy consumption, increasing renewable energy utilization, managing water resources efficiently, and investing in energy-saving technologies. NISOURCE INC also works to create a positive workplace environment by providing competitive benefits and career development opportunities to its employees.

In addition, NISOURCE INC is dedicated to giving back to communities across the country. The company is involved in numerous philanthropic endeavors, including providing grants and scholarships, supporting local charities, and investing in community projects. These initiatives demonstrate NISOURCE INC’s commitment to making a lasting difference in the lives of those living in its service areas. This recognition from Newsweek further cements NISOURCE INC’s commitment to responsible corporate practices. This acknowledgement speaks volumes about the company’s dedication to making a positive impact on the world around it. Live Quote…

About the Company

VI Analysis – Nisource Inc Intrinsic Value Calculator

NISOURCE INC is a company whose fundamentals reflect its long term potential. The VI app provides simple analysis on the company, helping to gauge its financial health. The VI Line calculates the fair value of its shares at around $28.0, which means that the stock is currently trading at $27.8, a fair price slightly undervalued by 1%. This indicates that investors may find value in the stock, potentially providing a good return in the long run. The fundamentals of the company have been stable over time, providing a strong foundation to build upon. The financials are solid, with a strong balance sheet and consistent cash flow. The company has also been expanding its operations, diversifying its revenue streams, and increasing its market presence. This makes NISOURCE INC a compelling option for investors who want to capitalize on a well-rounded company with long term potential. More…

VI Peers

NiSource Inc is an energy holding company that operates regulated natural gas and electric utilities. The company’s subsidiaries include Columbia Gas of Massachusetts, Inc., Columbia Gas of Ohio, Inc., NIPSCO Industries, Inc., and Northern Indiana Public Service Company. NiSource’s competitors include ALLETE Inc, Ameren Corp, Dominion Energy Inc.

– ALLETE Inc ($NYSE:ALE)

ALLETE Inc. is a diversified energy company with two electric utilities serving more than 750,000 customers in Minnesota and Wisconsin, and a non-regulated business that generates, transmits, stores and distributes electricity. The company has a market cap of 2.89B as of 2022 and a Return on Equity of 4.57%.

– Ameren Corp ($NYSE:AEE)

Ameren Corporation is a utility holding company engaged in the generation, transmission, and distribution of electricity and the distribution of natural gas. The company operates through four segments: electric generation, electric transmission, natural gas transmission, and natural gas distribution.

As of 2022, Ameren’s market capitalization is $19.8 billion and its return on equity is 10.16%. The company is headquartered in St. Louis, Missouri, and serves more than 2.4 million electric and natural gas customers in Missouri and Illinois.

– Dominion Energy Inc ($NYSE:D)

Dominion Energy is an energy company that operates primarily in the United States. The company is involved in the production and distribution of electricity and natural gas. Dominion Energy has a market cap of 53.62B as of 2022 and a Return on Equity of 7.47%. The company is a leading provider of electricity and natural gas in the United States. Dominion Energy has a diversified portfolio of assets and is one of the largest producers and transporters of energy in the United States.

Summary

Investing in NiSource Inc. may be a good choice for investors who are looking for a well-established company with a track record of responsibility and sustainability. NiSource Inc. is a leading energy holding company that provides natural gas and electricity to millions of customers across the United States. The company has been acknowledged by Newsweek as one of America’s Most Responsible Companies for 2023, indicating its commitment to being a responsible corporate citizen. NiSource Inc. offers a wide range of services and products to its customers, including natural gas and electric infrastructure, as well as renewable energy solutions. Its strategy focuses on investing in modern and efficient energy sources while reducing emissions and increasing sustainability. The company also has a strong commitment to providing reliable, affordable service to its customers.

In addition to its commitment to responsible corporate citizenship, NiSource Inc. also boasts a strong financial position with a strong balance sheet, ample liquidity, and healthy earnings growth. The company has generated consistent returns for its investors over the years and has increased its dividends in the past several years. As such, it may be an attractive investment for those looking for a steady source of income and growth potential. It is well-positioned to capitalize on new growth opportunities in the energy sector, while continuing to focus on providing reliable service to its customers. With its commitment to environmental responsibility, it is sure to remain a leader in the industry for many years to come.