NiSource Offers Buy-In Opportunity

Trending News ☀️

Nisource Inc Intrinsic Value – NISOURCE ($NYSE:NI): NiSource Inc. is a large publicly traded utilities holding company headquartered in Merrillville, Indiana. NiSource Inc. operates natural gas and electricity businesses across the United States. The company is offering a buy-in opportunity to shareholders at the current stock price.

This is a chance for shareholders to increase their ownership stake in the company. This is a good opportunity for shareholders to increase their investment in the company.

Stock Price

NiSource Inc. is an American electric and natural gas utility company based in Merrillville, Indiana. It is the holding company for the Northern Indiana Public Service Company , and Vectren Corporation. The company offers a buy-in opportunity for its stock.

Media coverage has been mostly positive. On Tuesday, NISOURCE INC stock opened at $25.9 and closed at $25.8, up by 0.5% from previous closing price of 25.7.

VI Analysis – Nisource Inc Intrinsic Value

The company’s fundamentals reflect its long term potential, below analysis on NISOURCE INC are made simple by VI app. The fair value of NISOURCE INC share is around $27.4, calculated by VI Line. Now NISOURCE INC stock is traded at $25.8, a fair price undervalued by 6%.

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

NISOURCE INC. is an electricity and natural gas holding company based in the United States. The company owns and operates utilities in Indiana, Kentucky, Maryland, Massachusetts, Ohio, Pennsylvania, and Virginia. It also operates a non-regulated generation business. NISOURCE INC. offers a buy-in opportunity for investors interested in the company.

The company is currently in the process of selling its interest in NiSource Midstream Services LLC , which owns and operates natural gas pipelines and storage facilities. Investors interested in NISOURCE INC. can buy shares directly on the NYSE.