NiSource is an energy holding company. Through its subsidiaries, Co. is a natural gas and electric utility company. Co.'s reportable segments are: Gas Distribution Operations and Electric Operations. For its gas distribution operations, through its wholly-owned subsidiary, NiSource Gas Distribution Group, Inc., Co. owns distribution subsidiaries that provide natural gas to residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky and Maryland. Through its electric operations, Co. generates, transmits and distributes electricity through its subsidiary, Northern Indiana Public Service Company LLC. We show 58 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
