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Nisource Inc

 
Hoover's Profile: NiSource Inc.
 
(NYSE:NI)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
NiSource Inc.
801 E. 86th Ave.
Merrillville, IN 46410
IN Tel. 219-647-5990
Toll Free 877-647-5990
Fax 219-647-5589

Type: Public
On the web: http://www.nisource.com
Employees: 7,981
Employee growth: 4.9%

NiSource is the main energy source for resourceful Americans living in the Midwest, the South, and in New England. The company's utility subsidiaries distribute natural gas to about 3.3 million customers in seven states over 57,000 miles of pipeline. NiSource also generates, transmits, and distributes power to some 457,000 customers in 20 counties in its home state through its largest subsidiary, Northern Indiana Public Service Company (NIPSCO). NiSource owns one of the largest natural gas transmission and underground storage systems in the US (capable of storing 629 billion cu. ft. of natural gas), including a 16,000-mile interstate pipeline system.

Key numbers for fiscal year ending December, 2008:
Sales: $8,874.2M
One year growth: 11.8%
Net income: $79.0M
Income growth: (75.4%)

Officers:
Chairman: Ian M. Rolland
President, CEO, and Director: Robert C. (Bob) Skaggs Jr.
EVP and CFO: Stephen P. (Steve) Smith

Competitors:
Allegheny Energy
Dominion Resources
Duke Energy

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Gas and other services combined (SIC 4932) (industry)
Bay State Gas Company
Northeast Utilities

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