Analyzing NiSource’s Revenue Growth

Vineet Kulkarni - Author

Sep. 9 2016, Updated 8:05 a.m. ET

NiSource: Revenue growth

NiSource (NI) might be better placed on the revenue growth front than the industry because of its heavy gas distribution operations. Energy management programs have been more daunting on electric utilities (XEL) (SO).

However, NiSource’s revenue growth has been flat to negative in the last couple of years. The electric segment has shown an impressive growth in the last few quarters due to its lower operating expenses. The segment is likely to benefit from recent rate increases, which will increase its annual revenue by $72.5 million.

Article continues below advertisement

Latest Southern Co News and Updates

    © Copyright 2022 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.