Full-Time
Updated on 8/20/2026
Utility company delivering gas and electricity
$69.9k - $144.9k/yr
No H1B Sponsorship
Hammond, IN, USA
In Person
This is a 24-by-7 rotating shift position, including possible weekend, holiday, and emergency coverage.
Bachelor's
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NiSource provides natural gas and electric services to about 4 million customers through its utility subsidiaries, Columbia Gas and NIPSCO, across six states. Its main business is delivering energy safely and reliably through local utility networks, managing and maintaining gas pipelines and electric grids, and serving customers with affordable energy. The company differentiates itself by owning and operating essential energy infrastructure and committing to long‑term, steady investments in safety and reliability (about $1.4 billion per year) to meet customer needs for the next 100 years. NiSource also emphasizes community involvement and a large local workforce. The goal is to keep energy safe, dependable, and affordable while expanding and upgrading the energy system to serve customers for the long term.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Merrillville, Indiana
Founded
1912
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Hybrid Work Options
Flexible Work Hours
NiSource has completed a $750 million debt offering, pricing 6.250% junior subordinated notes due 2057. The sale closed on 18 August 2026. The notes carry a 6.250% annual interest rate through April 2032, after which the rate will reset every five years to the Five-year US Treasury Rate plus 1.930%, with a 6.250% floor. Interest payments occur semi-annually beginning April 2027. The notes are unsecured and subordinated to all of NiSource's senior indebtedness. The company will use proceeds for general corporate purposes, including financing capital expenditures, working capital, and repaying existing debt. The notes include an optional interest deferral feature, allowing NiSource to defer interest payments for up to 20 consecutive semi-annual periods under certain conditions.
NiSource finalizes $750M Junior Subordinated Notes offering with 6.25% Fixed-to-Fixed Reset Rate. On August 18, 2026, NiSource Inc. announced via Form 8-K the completion of a $750 million issuance of 6.250% Fixed-to-Fixed Reset Rate Junior Subordinated Notes maturing in 2057, with the transaction closing on the same day. Key highlights. * Offering amount: $750 million aggregate principal of Junior Subordinated Notes due 2057. * Initial interest rate: 6.250% annually from August 18, 2026, through April 14, 2032 (the "First Reset Date"). * Rate reset terms: Post-First Reset Date, interest resets each period to the Five-year U.S. Treasury Rate plus 1.930%, with a minimum floor of 6.250% per annum. * Interest payment schedule: Semi-annual payments in arrears on April 15 and October 15, starting April 15, 2027. * Maturity: April 15, 2057. * Lead underwriters: Barclays Capital Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, and Wells Fargo Securities, LLC. * Use of proceeds: General corporate purposes including capital expenditures, working capital, and repayment of existing debt, as detailed in the filing. NiSource launches $750 million Junior Subordinated Notes with Fixed-to-Fixed Reset Rate. NiSource Inc. (NYSE:NI), headquartered in Merrillville, Indiana, and incorporated in Delaware, confirmed the closing of a $750 million debt offering on August 18, 2026. The Terms Agreement was executed on August 13, 2026, involving five lead underwriters. The Notes were issued under NiSource's Registration Statement on Form S-3 (File No. 333-291167) and governed by a Subordinated Indenture dated May 16, 2024, with The Bank of New York Mellon as trustee, supplemented by a Fourth Supplemental Indenture dated August 18, 2026. The Notes feature a Fixed-to-Fixed Reset Rate structure: a fixed interest rate of 6.250% per annum applies through April 14, 2032, after which the rate resets each period based on the Five-year U.S. Treasury Rate plus 1.930%, subject to a 6.250% annual floor. NiSource retains the option to defer interest payments for up to 20 consecutive semi-annual periods per deferral, provided no default event has occurred. During deferral periods, the company generally cannot declare dividends, redeem or repurchase capital stock, or make payments on equally ranked or subordinated indebtedness. Optional redemption rights are available during specified timeframes and triggered by certain rating changes, tax events, or tax credit occurrences, as outlined in the prospectus supplement dated August 13, 2026. McGuireWoods LLP provided legal opinions on validity and tax matters. The filing was signed by Shawn Anderson, Executive Vice President and Chief Financial Officer. Disclosure summary. NiSource disclosed the closing of a $750 million Junior Subordinated Notes offering due 2057, featuring an initial 6.250% interest rate with a reset mechanism starting April 15, 2032. The proceeds will support general corporate needs, including capital expenditures and debt repayment.
What you need to know about food storage without power. After the "Derecho," storm that hit northwest Indiana on Tuesday, August 11th, over 300,000 Nipsco customers ad businesses are without power. Individual homes are the last on the list to resume power. It's going to take over four to five days for restoration to take place, if all operations continue as planned. It's important to note that NIPSCO's parent company, NiSource, reported more than half a billion in profits in the first half of 2026. There are lots of management decisions that are causing these delays, such as, Nipsco trucks stuck in the swamp at Crown Point Headquarters, Nipsco laying off several linemen in 2026, opting to hire outside contractors, Nipsco not doing the required maintenance on the roadways to prevent trees from falling on to power lines, and many more management decisions that Panoramanow is not aware of. It's hard to say, how much of these power outages could have been prevented with the proper tree removal that was left ignored for several years. If your power is still out most of the food in your fridge has almost certainly gone bad Unfortunately, if you did a full shop on Tuesday morning, Aug. 11, and have been without power since Tuesday afternoon, the meats, fish, cheeses, eggs, milks, and other perishables in your refrigerator have most likely already gone bad. Frozen food kept in your freezer probably still has some time left, so long as you don't open it. According to www.foodsafety.gov: *REFRIGERATORS: "Your refrigerator will keep food safe for up to four hours during a power outage. Keep the door closed as much as possible. Discard refrigerated perishable food such as meat, poultry, fish, eggs, and leftovers after four hours without power. After a power outage NEVER taste food to determine its safety. You will have to evaluate each item separately. WHEN IN DOUBT, THROW IT OUT. *FREEZERS: "A full freezer will hold a safe temperature for approximately 48 hours (24 hours if it is half full and the door remains closed). Food may be safely refrozen if it still contains ice crystals or is at 40°F (4°C) or below. However, its quality may suffer. NEVER taste food to determine its safety." To review detailed and informative DISCARD/KEEP charts for a wide range of food items kept in refrigerators or freezers during a power outage, go to https://www.foodsafety.gov/food-safety-charts/food-safety-during-power-outage Take care, and have patience, Panoramanow don't expect power to return to homes until Monday, August 17th, Panoramanow hope Panoramanow is wrong. After the "Derecho," storm that hit Northwest Indiana on Tuesday, August 11th, over 300,000 Nipsco customers and businesses are still without power. Individual homes are the last on the list to resume power. It's going to take over four to five days for restoration to take place, if all operations continue as planned... Governor Mike Braun authorized the Indiana National Guard to provide assistance with disaster cleanup and recovery from Tuesday's storm that devastated much of Lake County and Northwest Indiana. POWER RESTORATION & OUTAGE UPDATE The storm affected approximately 95% of Lake County. Immediately following the storm, NIPSCO reported more than 300,000 customers without power... The Salvation Army is responding in communities across northwestern and east central Indiana as record power outages and floods create hazardous conditions for tens of thousands of Hoosiers. Emergency Disaster Services (EDS) teams have been deployed and are providing food, hydration, shelter, and other emergency assistance to impacted residents. LAKE COUNTY INDIANA:... Sue Baxter Susie Young Baxter, CEO, has published PanoramaNOW Magazine for 31 years. Her hobbies are Camping, Boating, Hiking, Nature, Gardening and Outdoor Activities. She is an Artist, Graphic Designer, an Avid Seamstress, Dabbles in Homemade Crafts and Landscaping. Since her Father was a Health Teacher, she also likes homeopathic Health Solutions. Since blogging started over 10 years ago, PanoramaNow has been added to Newsbreak - a national news affiliate.
NiSource reported US$1,342.4 million in revenue for Q2 2026, but net income fell to US$45.5 million, with diluted earnings per share dropping to US$0.09 from the previous year. The profit decline, despite modest revenue growth, raises questions about near-term earnings quality. The Indiana Utility Regulatory Commission recently approved NiSource's data center agreements and new generation resources, supporting load growth from tech customers. This regulatory backing is crucial as the company pursues its US$19.4 billion infrastructure plan. Fair value estimates from the Simply Wall St Community range from US$35.97 to US$50.03, reflecting divergent views on the utility's prospects. The company's narrative projects US$8.4 billion in revenue and US$1.3 billion in earnings by 2029, requiring 6.8% annual revenue growth.
Barclays has lowered expectations for NiSource (NYSE:NI) stock price. August 7, 2026 Key points. * Barclays lowered NiSource's price target from $51 to $45 while maintaining an "overweight" rating, implying approximately 5% upside from the prior close. * Analyst sentiment remains generally positive: NiSource has a consensus "Moderate Buy" rating and an average price target of $49.70, despite one recent downgrade to "sell." * NiSource's shares closed at $42.85 after falling $0.53; the company met quarterly EPS expectations at $0.16 and reported revenue of $1.34 billion, above the $1.15 billion forecast. * Five stocks we like better than NiSource. NiSource (NYSE:NI - Get Free Report) had its price target decreased by Barclays from $51.00 to $45.00 in a report released on Friday,Benzinga reports. The firm presently has an "overweight" rating on the utilities provider's stock. Barclays's price target suggests a potential upside of 5.02% from the company's previous close. NI has been the subject of a number of other research reports. Wall Street Zen downgraded shares of NiSource from a "hold" rating to a "sell" rating in a report on Saturday, May 16th. BMO Capital Markets lowered their target price on shares of NiSource from $51.00 to $49.00 and set an "outperform" rating on the stock in a report on Friday, July 17th. Citigroup lifted their price target on shares of NiSource from $47.00 to $49.00 and gave the company a "neutral" rating in a research report on Monday, May 11th. Weiss Ratings reiterated a "buy (b)" rating on shares of NiSource in a research note on Tuesday, July 21st. Finally, Royal Bank Of Canada started coverage on NiSource in a research report on Wednesday, July 1st. They set an "outperform" rating and a $52.00 price target on the stock. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $49.70. NiSource stock performance. NI stock traded down $0.53 during trading hours on Friday, hitting $42.85. 3,605,536 shares of the stock were exchanged, compared to its average volume of 4,439,393. NiSource has a 12 month low of $38.45 and a 12 month high of $49.21. The company has a current ratio of 0.50, a quick ratio of 0.56 and a debt-to-equity ratio of 1.31. The firm has a market capitalization of $20.54 billion, a P/E ratio of 22.79, a P/E/G ratio of 3.19 and a beta of 0.55. The company has a 50-day simple moving average of $46.40 and a two-hundred day simple moving average of $46.43. NiSource (NYSE:NI - Get Free Report) last announced its earnings results on Wednesday, August 5th. The utilities provider reported $0.16 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.16. NiSource had a net margin of 13.20% and a return on equity of 7.95%. The company had revenue of $1.34 billion during the quarter, compared to analysts' expectations of $1.15 billion. During the same quarter in the previous year, the business posted $0.22 earnings per share. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. On average, analysts forecast that NiSource will post 2.05 earnings per share for the current fiscal year. Insider buying and selling at NiSource. In other news, EVP Melody Birmingham sold 10,000 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $47.19, for a total value of $471,900.00. Following the completion of the transaction, the executive vice president directly owned 117,899 shares in the company, valued at approximately $5,563,653.81. This represents a 7.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Melanie B. Berman sold 15,000 shares of the firm's stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $47.68, for a total value of $715,200.00. Following the sale, the executive vice president directly owned 35,990 shares in the company, valued at approximately $1,716,003.20. This trade represents a 29.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 27,500 shares of company stock valued at $1,305,675 over the last quarter. Company insiders own 0.37% of the company's stock. Hedge funds weigh in on NiSource. Several large investors have recently bought and sold shares of NI. BlackRock Inc. bought a new stake in shares of NiSource during the second quarter worth about $2,613,234,000. Deutsche Bank AG bought a new position in NiSource in the 2nd quarter valued at approximately $574,295,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in NiSource in the 2nd quarter valued at approximately $55,054,000. OneDigital Investment Advisors LLC acquired a new stake in NiSource during the 2nd quarter worth approximately $468,000. Finally, Trivium Point Advisory LLC acquired a new stake in NiSource during the 2nd quarter worth approximately $418,000. 91.64% of the stock is currently owned by institutional investors. About NiSource. NiSource, Inc NYSE: NI is a publicly traded energy holding company headquartered in Merrillville, Indiana, that primarily owns and operates regulated local gas and electric utilities in the United States. Through its operating subsidiaries, the company delivers natural gas and electricity to residential, commercial and industrial customers and provides the associated distribution and transmission services that keep local energy systems functioning. The company's core activities include natural gas distribution, electric transmission and distribution, system operations, maintenance and emergency response. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider NiSource, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. 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