NiSource Inc. is an energy holding company. Co. operates through two segments: Gas Distribution Operations and Electric Operations. The Gas Distribution operations segment, through its wholly owned subsidiary NiSource Gas Distribution Group, Inc., provides natural gas to approximately 2.4 million residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 55,000 miles of distribution main pipeline plus the associated individual customer service lines and 1,000 miles of transmission main pipeline located in its service areas. We show 61 historical shares outstanding datapoints in our NI shares outstanding history coverage, used to compute NI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NI market cap history over the course of time is important for investors
interested in comparing NI's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of NI versus a peer is one thing; comparing
NI market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like NI can fluctuate over the course of history.
With this page we aim to empower investors researching NI by allowing them to research the NI market cap history. |
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Video: The Importance of Market Cap
