Workflow
NiSource(NI)
icon
Search documents
NiSource(NI) - 2022 Q1 - Earnings Call Presentation
2022-05-04 18:22
NiSource | NYSE: NI | nisource.com | SUPPLEMENTAL SLIDES 1Q 2022 RESULTS May 4, 2022 FORWARD-LOOKING STATEMENTS This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Investors and prospective investors should understand that many factors govern whether any forward-looking statement contained herein will be or can be rea ...
NiSource(NI) - 2022 Q1 - Quarterly Report
2022-05-04 17:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-16189 NiSource Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 8 ...
NiSource(NI) - 2021 Q4 - Earnings Call Presentation
2022-02-25 14:22
NiSource | NYSE: NI | nisource.com | SUPPLEMENTAL SLIDES YEAR END 2021 RESULTS February 23, 2022 FORWARD-LOOKING STATEMENTS This presentation contains "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Investors and prospective investors should understand that many factors govern whether any forward-looking statement contained herein will be ...
NiSource(NI) - 2021 Q4 - Earnings Call Transcript
2022-02-23 22:25
Financial Data and Key Metrics Changes - For the full year 2021, the company reported non-GAAP diluted net operating earnings per share (NOEPS) of $1.37, an increase from $1.32 in 2020, reflecting strong financial performance [15][36] - The company reaffirmed its 2022 guidance for NOEPS in the range of $1.42 to $1.48, with a long-term growth forecast of 7% to 9% compound annual growth rate (CAGR) from 2021 through 2024 [15][36] Business Line Data and Key Metrics Changes - Gas Distribution operating earnings for 2021 were approximately $674 million, a slight increase of about $6 million compared to the previous year, despite lower operating revenues due to the sale of Columbia Gas of Massachusetts [37] - Electric segment non-GAAP operating earnings for 2021 were about $387 million, an increase of approximately $25 million from 2020, driven by infrastructure investment programs and increased customer demand [38] Market Data and Key Metrics Changes - The company received final orders in gas rate cases across Pennsylvania, Kentucky, and Maryland, resulting in revenue increases of approximately $58.5 million, $18 million, and $2.4 million respectively [21][22] - NIPSCO's electric TDSIC plan received final approval for a $1.6 billion investment program aimed at enhancing service and reliability for customers [23] Company Strategy and Development Direction - The company is focused on investment-driven, long-term sustainable growth, with plans to invest $2.4 billion to $2.7 billion in capital expenditures in 2022 [16][42] - The strategic initiatives include transitioning to renewable energy sources and reducing Scope 1 greenhouse gas emissions by 90% by 2030 compared to 2005 levels [13][32] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the current growth plan, emphasizing a strategic review to extend growth beyond 2024 and evaluate the performance of the existing portfolio [46][47] - The CEO highlighted the importance of operational excellence and cost management as key priorities in the first 100 days of leadership [85][88] Other Important Information - The company plans to issue its first annual sales report alongside its annual report, showcasing progress in various initiatives [19] - The company is actively engaging with producers and developers focused on renewable natural gas, hydrogen, and emerging storage technologies to support decarbonization efforts [32] Q&A Session Summary Question: Can you provide insights on the strategy update? - The CEO indicated confidence in the current growth plan and mentioned a comprehensive review of the portfolio to maximize shareholder value [46][47] Question: What are the criteria for potential asset sales or acquisitions? - The CEO stated that criteria are still being developed, emphasizing the need for a thorough evaluation of the portfolio [49] Question: Are the renewable projects on schedule? - Management confirmed that all renewable projects are currently scheduled to be operational by the end of 2023, with active monitoring in place [104] Question: What are the priorities in the first 100 days as CEO? - The CEO outlined key focus areas including NiSource Next, the retirement of coal plants, and evaluating the gas distribution system for decarbonization opportunities [85][87] Question: How will the strategic review impact capital allocation? - The CEO mentioned that any asset sales could eliminate the need for future equity, while also considering attractive investments for shareholder value [73][112]
NiSource(NI) - 2021 Q4 - Annual Report
2022-02-23 19:38
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-16189 NiSource Inc. (Exact name of registrant as specified in its charter) | | | (State or other jurisdiction of incorporation or organization) ...
NiSource(NI) - 2021 Q3 - Earnings Call Presentation
2021-11-05 14:22
NiSource | NYSE: NI | nisource.com | SUPPLEMENTAL SLIDES 3Q 2021 RESULTS November 3, 2021 FORWARD-LOOKING STATEMENTS This presentation contains "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Investors and prospective investors should understand that many factors govern whether any forwardlooking statement contained herein will be or can b ...
NiSource(NI) - 2021 Q3 - Earnings Call Transcript
2021-11-03 18:28
NiSource Inc. (NYSE:NI) Q3 2021 Earnings Conference Call November 3, 2021 11:00 AM ET Company Participants Joe Hamrock ??? Chief Executive Officer Chris Turnure ??? Director-Investor Relations Donald Brown ??? Chief Risk Officer Shawn Anderson ??? VP of Investor Relations and Treasurer Conference Call Participants Richard Sunderland ??? JPMorgan Insoo Kim ??? Goldman Sachs Cody Clark ??? Bank of America Travis Miller ??? Morningstar David Peter ??? Equity Wolfe Research Shar Pourreza ??? Guggenheim Operator ...
NiSource(NI) - 2021 Q3 - Quarterly Report
2021-11-03 16:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q 801 East 86th Avenue Merrillville, IN 46410 (Address of principal executive offices) (Zip Code) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-16189 NiSource Inc. (Exact name of regi ...
NiSource(NI) - 2021 Q2 - Earnings Call Presentation
2021-08-05 20:34
NiSource | NYSE: NI | nisource.com | SUPPLEMENTAL SLIDES 2Q 2021 RESULTS e August 4, 2021 FORWARD-LOOKING STATEMENTS This presentation contains "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Investors and prospective investors should understand that many factors govern whether any forwardlooking statement contained herein will be or can b ...
NiSource(NI) - 2021 Q2 - Earnings Call Transcript
2021-08-04 19:52
NiSource Inc. (NYSE:NI) Q2 2021 Earnings Conference Call August 4, 2021 11:00 AM ET Company Participants Chris Turnure ??? Director of Investor Relations Joe Hamrock ??? Chief Executive Officer Shawn Anderson ??? Chief Strategy and Risk Officer Donald Brown ??? Chief Financial Officer Conference Call Participants Insoo Kim ??? Goldman Sachs Durgesh Chopra ??? Evercore ISI David Peters ??? Wolfe Research Travis Miller ??? Morningstar Ryan Levine ??? the Citi Operator Good morning. My name is RJ and I???ll be ...