| | Business Summary | | NiSource
Inc.
is
an
energy
holding
company
that
provides
natural
gas,
electricity
and
other
products
and
services
to
3.6
million
customers
located
within
the
energy
corridor
that
runs
from
the
Gulf
Coast
through
the
Midwest,
to
New
England.
NiSource's
primary
business
segments
are
gas
distribution,
electric
operations,
gas
transmission
and
storage,
exploration
and
production,
energy
marketing
and
other
products
and
services.
NiSource,
organized
as
an
Indiana
holding
company
in
1987
under
the
name
of
NIPSCO
Industries,
Inc.,
changed
its
name
to
NiSource
Inc.
on
April
14,
1999.
The
Company
acquired
Columbia
Energy
Group
on
November
1,
2000. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | NiSource
Inc.
is
an
energy/utility-based
holding
company
providing
electric
energy,
natural
gas
and
water
service
to
the
public
through
seven
subsidiaries.
For
the
six
months
ended
6/30/01,
revenues
totaled
$5.67
billion,
up
from
$2.11
billion.
Net
income
from
continuing
operations
and
before
acct'g
change
rose
77%
to
$177.9
million.
Results
reflect
the
acquisition
of
Columbia,
partially
offset
by
increased
acquisition-related
expenses,
and
increased
debt
levels. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Gary Neale, 61
Chairman,
Pres, CEO | $4.2M | -- | Stephen Adik, 57
Vice
Chairman, CFO, Exec. VP | 2.0M | $283K | Catherine Abbott, 50
Group
Pres, Pipeline Operations | -- | -- | Patrick Mulchay, 59
Group
Pres, Merchant Energy | 1.7M | 118K | Stephen Smith, 40
Pres
and COO of NiSource Corp. Services | -- | -- | | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/n/ni.gif)