- NiSource is one of the largest natural gas utilities in the United States, although the company also has an electric arm.
- The company is currently investing heavily in renewables as it has a number of projects slated to begin operation over the next two years.
- NiSource is well-positioned to give investors a 10% to 12% average total annual return over the next three years.
- The company boasts a reasonably strong balance sheet and the 3.12% dividend yield is quite sustainable.
- The stock boasts an attractive valuation at the current level and so may be worth considering for a portfolio.
For further details see:
NiSource: A Lot To Like With This Attractively-Priced Natural Gas Utility