Nisource ( (NI) ) has released its Q3 earnings. Here is a breakdown of the information Nisource presented to its investors.
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NiSource Inc. is a prominent utility company in the United States, providing natural gas and electric services to millions of customers across six states through its Columbia Gas and NIPSCO brands. Known for its commitment to sustainability and innovation, NiSource is a key player in the energy sector.
In its latest earnings report, NiSource announced a net income of $94.7 million for the third quarter of 2025, reflecting a slight increase from the previous year. The company also reaffirmed its 2025 earnings guidance and introduced new guidance for 2026, highlighting its strategic focus on growth and investment in data centers.
Key financial highlights include a consolidated capital expenditure plan of $28 billion, with a significant portion allocated to data center investments. The company reported a 45% increase in its capital plan compared to the previous five-year plan, aiming for a compound annual growth rate of 8%-9% from 2026 to 2033. NiSource’s adjusted earnings per share for the third quarter stood at $0.19, slightly down from the previous year, but the nine-month figures showed a positive trend.
Looking ahead, NiSource is extending its growth guidance through 2030, with expectations of annual earnings growth driven by substantial capital investments. The company’s strategic initiatives, including data center agreements, are set to energize local economies while ensuring reliable and affordable energy services.
Overall, NiSource’s management remains optimistic about the future, focusing on responsible growth and stakeholder engagement to unlock transformative opportunities in the energy sector.