NiSource, Inc. http://www.alacrastore.com/company-snapshot/NiSource_Inc-1012110 08 Nov 2009 11:33:29 EST 1012110 NiSource, Inc. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/research/creditsights-NiSource_Flat_EBITDA_but_Strong_Cash_Flows-9074990749cs/90749normWWTemplateadevriesnisourcenisource9074902 Nov 2009 11:09:12 ESTYes90749150CreditSights Incunited_statesunited_statesenergygasutilitiesenergygasutilitiesPublishedWorthWatchingWorth Watching364 NiSource: Flat EBITDA but Strong Cash Flows NiSource (Baa#/BBB-) reported flat EBITDA versus a year ago but posted sharply higher #Q cash flows and said a $### million tax refund received in October would boost #### cash flows. NI showed...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/ccbn/B2480106B2480106ccbn/B2480106norm30 Oct 2009 12:08:21 EST2480106Edited Brief of NI earnings conference call or presentation, 30-Oct-09 9:00am ETNiSource106.0000EditedNiSource Q3 2009 Earnings Conference Call SummaryNI9:00am ETBrief...A. Highlights: #. Despite continued economic challenges, particularly in Northwest Indiana, underlying business performance has been strong, liquidity position is solid and Co. is producing concrete results from long-term growth strategy. #. Non-GAAP net operating earnings, $##.#m or $#.## per share. a. Increase from $#.#m or $#.## per share for #Q##. #. Non-GAAP operating earnings, $###.#m vs. $###.#m for same period in ####. #. Delivering solid financial performance in spite of some tough economic conditions. a. This is particularly true in Northern Indiana markets, where electrical industrial demand continued to lag prior-levels by almost ##%. b. Ability to continue delivering on financial commitments in this challenging environment underscores resilience of core regulated businesses and ability of Co.'s team's to execute on their business plans. #. Team's ongoing business initiative and aggressive cost management efforts have helped Co. mitigate significant portion of impacts of economic... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T2449319T2449319ccbn/T2449319norm02 Oct 2009 11:04:00 EST2449319Final Transcript of NI presentation, 23-Sep-09 1:30pm ETNiSource54.0000FinalNiSource at Bank of America Securities Power & Gas Leaders Conference TranscriptNI1:30pm ETTranscript...Unidentified Participant We're ready to start our afternoon session. The sad part is we've got out last electric-related companies for the day, but we've got two very good ones. I know you're going to enjoy the next ## minutes or so. From CMS Energy Corporation, we have Dave Joos, President and CEO, and from NiSource we also have their President and CEO, Bob Skaggs. They're going to do their prepared remarks, then we'll open up for Q&A and discussion, and we look forward to their presentations. Thank you. Dave Joos - CMS Energy Corporation - President, CEO Thank you. Thank you for having me. I think I've got this figured out. Is that next? There we go. I'll skip over the normal statement. I think you know what it says, and I don't intend to get into much in the way of new material. In fact, all these slides virtually are from our last quarterly call. I know many of you are familiar with the Company, but we like to use a fairly simple display to talk about our strategy. We use this internally... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/research/s-and-p-credit-research-Summary_NiSource_Inc-748813748813spcred/748813normglobal28 Sep 2009 03:26:19 EST175SummaryThe latest Summary from S&PUnited StatesMulti-UtilitiesEmerging MarketsLatin AmericaUnited StatesGlobal IssuersSummaryUSA62914065473P55103010 551030 5510 55NiSource Inc.111243EMERGINGLATAMERICAUSANISUMMARYCORPElectricGLOBISSUTILCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/research/creditsights-NiSource_2Q09_Tearsheet-8841188411cs/88411normTearsheetTemplateadevriesnisource8841127 Aug 2009 05:08:58 ESTYes88411150CreditSights Incunited_statesgasenergyutilitiesPublishedTearsheetTearsheet828 NiSource #Q## Tearsheet Liquidity has improved in recent months with a term loan and $###m note offering but NI still has below average credit metrics and significant #### maturities. We have a mildly negative view on management as...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-NI_2Q_EPS_Weak_Earnings_but_Nice_Cash_Generation-8742087420cs/87420normArticleTemplateNI reported weak 2Q earnings but the company turned cash flow positive on an LTM basis for the first time since June 2007. Credit metrics were stable and below average but we don't see a risk of losing IG status in the near-term.adevriesnisource8742004 Aug 2009 11:08:22 ESTYes87420150CreditSights Incunited_statespipelines_mlpsutilitiesgasenergyPublishedearningsEarningsNoteEarnings Note1096 NI #Q EPS: Weak Earnings but Nice Cash Generation NI reported weak #Q earnings but the company turned cash flow positive on an LTM basis for the first time since June #### The swing in cash flows was due to higher priced purchased...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/ccbn/B2321055B2321055ccbn/B2321055norm04 Aug 2009 12:07:00 EST2321055Edited Brief of NI earnings conference call or presentation, 4-Aug-09 9:00am ETNiSource54.0000EditedNiSource Q2 2009 Earnings Conference Call SummaryNI9:00am ETBrief...Glen Kettering NiSource - SVP Corporate Affairs Bob Skaggs NiSource - President & CEO Steve Smith NiSource - CFO CONFERENCE CALL PARTICIPANTS... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T2321055T2321055ccbn/T2321055norm04 Aug 2009 10:07:00 EST2321055Final Transcript of NI earnings conference call or presentation, 4-Aug-09 9:00am ETNiSource54.0000FinalNiSource Q2 2009 Earnings Conference Call TranscriptNI9:00am ETTranscript...Glen Kettering NiSource - SVP Corporate Affairs Bob Skaggs NiSource - President & CEO Steve Smith NiSource - CFO C O N F E R E N C E C A L L P A R T I C I P A N T S... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/moodys/COP_404200COP_404200moodys/COP_404200html30 Jul 2009 04:40:09 ESThtmlNiSource Inc.NiSource Inc.404200150.000029 Jul 2009NewsCredit OpinionCGlobal Credit Research Credit Opinion ## JUL #### Credit Opinion: NiSource Inc. NiSource Inc. Merrillville, Indiana (State of), United States Ratings Category Moody's Rating Outlook Negative Preferred Shelf (P)Ba# NiSource Finance...Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/bir/306396306396bir/306396norm17NiSource Inc.Northern Indiana Public Service Co.NiSource, Inc.NIPSCO Industries Inc.Columbia Gas Transmission Corp.Columbia Energy GroupColumbia Energy Services Corp.EnergyUSA-TPC Corp.United States06 Jun 2009 06:14:00 ESTNiSource Inc. is the successor to an Indiana corporation organized in 1987 under the name of NIPSCO Industries Inc., which changed its name to NiSource on April 14, 1999. NiSource is the largest natural gas distribution company operating east of the RockyNYSE221210M4932H5511126719NINiSource Inc. is the successor to an Indiana corporation organized in 1987 under the name of NIPSCO Industries Inc., which changed its name to NiSource on April 14, 1999. NiSource is the largest natural gas distribution company operating east of the RockyCompany Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/research/creditsights-NiSource_1Q09_Tearsheet-8462584625cs/84625normTearsheetTemplateadevriesnisource8462526 May 2009 05:10:00 ESTYes84625150CreditSights Incunited_statesgasutilitiesenergyPublishedTearsheetTearsheet777 NiSource #Q## Tearsheet Liquidity has improved in recent months with a term loan and $###m note offering but NI still has below average credit metrics and significant #### maturities. We have a mildly negative view on management as...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/ccbn/B2170005B2170005ccbn/B2170005norm01 May 2009 03:07:00 EST2170005Edited Brief of NI earnings conference call or presentation, 1-May-09 8:00am CTNiSource54.0000EditedNiSource Q1 2009 Earnings Conference Call SummaryNI8:00am CTBrief...Glen Kettering NiSource - SVP, Corporate Affairs Bob Skaggs NiSource - President and CEO Stephen Smith NiSource - EVP, CFO CONFERENCE CALL PARTICIPANTS... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T2170005T2170005ccbn/T2170005norm01 May 2009 10:07:00 EST2170005Final Transcript of NI earnings conference call or presentation, 1-May-09 8:00am CTNiSource54.0000FinalNiSource Q1 2009 Earnings Conference Call TranscriptNI8:00am CTTranscript...Glen Kettering NiSource - SVP, Corporate Affairs Bob Skaggs NiSource - President and CEO Stephen Smith NiSource - EVP, CFO C O N F E R E N C E C A L L P A R T I C I P A N T S... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/spcred/708120spcred/708120norm708120The latest Full Report from S&Pglobal10 Mar 2009 07:28:00 EST400Full ReportUnited StatesMulti-UtilitiesLatin AmericaUnited StatesEmerging MarketsCorporationsUtilitiesElectricGlobal IssuersFinancial InstitutionsGasFull ReportUSA62914065473P55103010 551030 5510 55NiSource Inc.111243EMERGINGLATAMERICAUSANIFULLUSA07261207261A07261B07261L65463865463P65463R65463S65473N65473Q65474N6547F26547F366526266526A66526B66526H55102010 551020 5510 5555103010 551030 5510 5555101010 551010 5510 55NiSource Capital Markets Inc.NiSource Finance Corp.Northern Indiana Public Service Co.Bay State Gas Co.101693347018113713100246EUROMIDAFRUSA23006Z2594Q5443ZNI1FICORPUTILElectricGasGLOBISSCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/708121spcred/708121norm708121The latest Summary from S&Pglobal10 Mar 2009 07:28:00 EST175SummaryUnited StatesMulti-UtilitiesLatin AmericaUnited StatesEmerging MarketsCorporationsUtilitiesElectricGlobal IssuersSummaryUSA62914065473P55103010 551030 5510 55NiSource Inc.111243EMERGINGLATAMERICAUSANISUMMARYCORPUTILElectricGLOBISSCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/707007spcred/707007norm707007The latest News from S&Pglobal05 Mar 2009 06:56:00 EST100NewsUnited StatesMulti-UtilitiesEmerging MarketsLatin AmericaUnited StatesGlobal IssuersCorporationsElectricUtilitiesNewsUSA62914065473P55103010 551030 5510 55NiSource Inc.111243EMERGINGLATAMERICAUSANINEWSUSA65473Q65474N6547F26547F355103010 551030 5510 55NiSource Finance Corp.347018EUROMIDAFRUSA23006ZCORPUTILElectricGLOBISSCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/707008spcred/707008norm707008The latest Research Update from S&Pglobal05 Mar 2009 06:56:00 EST175Research UpdateUnited StatesMulti-UtilitiesEmerging MarketsLatin AmericaUnited StatesGlobal IssuersCorporationsElectricGasUtilitiesFinancial InstitutionsResearch UpdateUSA62914065473P55103010 551030 5510 55NiSource Inc.111243EMERGINGLATAMERICAUSANIRESUPDUSA07261207261A07261B07261L65463865463P65463R65463S65473N65473Q65474N6547F26547F366526266526A66526B66526H55101010 551010 5510 5555102010 551020 5510 5555103010 551030 5510 55NiSource Capital Markets Inc.Northern Indiana Public Service Co.Bay State Gas Co.NiSource Finance Corp.113713347018101693100246EUROMIDAFRUSA23006Z2594QNI15443ZFICORPUTILElectricGasGLOBISSCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/fitch/463740_pr_framefitch/463740_pr_framehtml463740_pr_frameFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Nisource Finance Corporation8046412805 Mar 2009 10:16:00 EST0102030085Press ReleaseNICredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/spcred/701455spcred/701455norm701455The latest Summary from S&Pglobal09 Feb 2009 06:46:00 EST175SummaryUnited StatesMulti-UtilitiesEmerging MarketsLatin AmericaUnited StatesGlobal IssuersFinancial InstitutionsCorporationsUtilitiesElectricGasSummaryThe ratings on NiSource Inc. are based on the consolidated financial and business risk profiles of its various subsidiaries, which include Columbia Energy Group (CEG; not rated), Northern Indiana Public Service Co. (NIPSCO; BBB-/Stable/--), and Bay State Gas Co. (BBB-/Stable/--). Merrillville, Ind.-based NiSource is involved in regulated gas distribution (35% of consolidated cash flow), gas transmission and storage (32%), and vertically integrated electric operations (33%). As of Sept. 30, 2008, NiSource's total adjusted debt, including operating leases and tax-affected pensions and postretirement obligations, totaled about $8 billion. The stand-alone financial profiles of NiSource's utility subsidiaries are much stronger than the consolidated financial profile, where substantial acquisition-related debt is held. Nevertheless, we view the default risk as the same throughout theUSA62914065473P55103010 551030 5510 55NiSource Inc.111243EMERGINGLATAMERICAUSANISUMMARYUSA07261207261A07261B07261L65473Q65474N6547F26547F366526266526A66526B66526H55101010 551010 5510 5555102010 551020 5510 5555103010 551030 5510 55Northern Indiana Public Service Co.Bay State Gas Co.NiSource Finance Corp.100246101693347018EUROMIDAFRUSA23006ZNI12594QGLOBISSFICORPUTILElectricGasCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/fitch/424666_report_framefitch/424666_report_framepdf424666_report_frameFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.NiSource, Inc.8046412809 Feb 2009 02:13:00 EST01020300425Full Rating ReportNICredit & Investment ResearchFitch Research