NISOURCE

NiSource issued $750 million of junior subordinated notes due April 15, 2057, with an initial coupon of 6.25% until April 15, 2032 and thereafter a five‑year interest reset based on the 5‑year U.S. Treasury plus 1.93% (floor 6.25%). Interest is paid semiannually on April 15 and October 15, first payment on April 15, 2027; the company may defer payments for up to 20 consecutive periods, which limits dividend distributions. The issuance increases total debt (most recently $17.4 billion) and will be used to fund investments, working capital and debt repayment; bookrunners were major investment banks. NiSource reported Q2 adjusted EPS of $0.16 (expectation $0.23), revenue of $1.28 billion (expectation $1.25 billion) and reaffirmed its full‑year adjusted EPS guidance of $2.02–$2.07. » Więcej na de.investing.com

NiSource has declared a quarterly dividend of $0.30 per share. The payment will be made on November 20, 2026, to shareholders of record at the close of business on October 30, 2026. NiSource serves about 3.3 million natural gas customers and 500,000 electric customers in six U.S. states and employs approximately 7,700 people. » Więcej na de.investing.com

NiSource reported Q2 adjusted EPS of $0.16, down from $0.22 a year earlier, but reaffirmed full-year adjusted EPS guidance of $2.02–$2.07 and long-term growth targets. Agreements with Amazon and Alphabet comprise 4 GW of signed load and $7.6 billion of planned GenCo investment, which NiSource expects to deliver roughly $1.4 billion in bill reductions for NIPSCO customers starting as early as Q4 2026. The company left its five-year capital plan unchanged (including $21 billion base investment and up to $2 billion upside) and said recent Indiana regulatory actions do not alter its spending, earnings outlook or rate-case timing. NiSource expects earnings to be weighted to the second half of 2026 and identified over $40 million in cost-optimization initiatives to improve its cost structure beyond 2026. » Więcej na finance.yahoo.com

NiSource reported adjusted EPS of $0.16 for Q2 2026, below analysts’ estimate of $0.23, while revenue of $1.28 billion topped the $1.25 billion expectation. The stock fell about 5% in premarket trading to $42.31, weighed down by higher operating and maintenance costs from severe weather and expenses related to union negotiations. Management reaffirmed its full-year adjusted EPS guidance of $2.02 to $2.07 and highlighted the data-center pipeline with projects from Amazon and Alphabet as a long-term growth driver. » Więcej na de.investing.com

Moody’s has lowered the ratings for NiSource and its subsidiaries (senior unsecured debt from Baa1 to Baa3; subsidiaries to Baa2) and placed all ratings on a negative outlook. Reasons cited include an adjusted leverage ratio of around 70%, a retained-cash-flow/adjusted-debt ratio below 3%, and execution risks for the planned deleveraging strategy. NiSource’s liabilities of about USD 8 billion are substantially higher than its market capitalization of roughly USD 4 billion; liquidity is currently supported by bank backing and an undrawn credit facility of USD 2.5 billion. A planned sale of Indianapolis Water Company is expected to generate about USD 300 million in proceeds, and larger asset disposals are not currently planned. » Więcej na de.investing.com