Compare · NI vs WEC
NI vs WEC
Side-by-side comparison of NiSource Inc (NI) and WEC Energy Group Inc. (WEC): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both NI and WEC operate in Power Generation (Utilities), so they compete in similar markets.
- WEC is the larger of the two at $36.92B, about 1.7x NI ($21.94B).
- Over the past year, NI is up 10.2% and WEC is up 4.6% - NI leads by 5.6 points.
- WEC has been more active in the news (5 items in the past 4 weeks vs 2 for NI).
- WEC has more recent analyst coverage (25 ratings vs 16 for NI).
NiSource Inc
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. The company operates through two segments, Gas Distribution Operations and Electric Operations. It provides natural gas services and transportation for residential, commercial, and industrial customers; generates, transmits, and distributes electricity; and wholesale and transmission transaction services. The company owns and operates two coal-fired electric generating stations with a capacity of 2,080 megawatts (MW); combined cycle gas turbine with a capacity of 571 MW; two gas-fired generating units with a capacity of 155 MW; and two hydroelectric generating plants with a capacity of 10 MW. It serves approximately 4 million natural gas customers in six states under the Columbia Gas and NIPSCO brands; and 500,000 electricity customers in the northern part of Indiana. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.
WEC Energy Group Inc.
WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. The company operates through six segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other. It generates and distributes electricity from coal, natural gas, oil, hydroelectric, wind, solar, and biomass sources; provides electric transmission services; offers retail natural gas distribution services; transports natural gas; and generates, distributes, and sells steam. As of December 31, 2020, it operated approximately 36,100 miles of overhead distribution lines and 34,900 miles of underground distribution cables, as well as 450 electric distribution substations and 507,900 line transformers; 50,300 miles of natural gas distribution mains; 1,100 miles of natural gas transmission mains; 2.3 million natural gas lateral services; 500 natural gas distribution and transmission gate stations; and 68.2 billion cubic feet of working gas capacities in underground natural gas storage fields. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was incorporated in 1981 and is headquartered in Milwaukee, Wisconsin.
Latest NI
- Director Jesanis Michael E acquired 30,190 shares, increasing direct ownership by 134% to 52,701 units (SEC Form 4)
- RBC Capital Mkts initiated coverage on NiSource with a new price target
- Regulatory Approvals Underscore Strength of NiSource’s Customer-Focused Data Center Strategy Supporting Growth in Indiana
- SEC Form 11-K filed by NiSource Inc
- EVP Administration & CHRO Berman Melanie B. sold $715,200 worth of shares (15,000 units at $47.68), decreasing direct ownership by 29% to 35,990 units (SEC Form 4)
- Director and President & CEO Yates Lloyd M sold $950,066 worth of shares (19,905 units at $47.73), decreasing direct ownership by 4% to 519,557 units (SEC Form 4)
- EVP & Grp President, Utilities Birmingham Melody sold $590,425 worth of shares (12,500 units at $47.23), decreasing direct ownership by 9% to 116,036 units (SEC Form 4)
- SEC Form 8-K filed by NiSource Inc
- Director Lee Cassandra S. was granted 3,807 shares, increasing direct ownership by 15% to 28,974 units (SEC Form 4)
- Director Mcavoy John was granted 3,807 shares, increasing direct ownership by 32% to 15,777 units (SEC Form 4)
Latest WEC
- Wisconsin Electric declares quarterly dividends
- WEC Energy Group declares quarterly dividend
- SEC Form 4 filed by Director Lane Thomas K
- SEC Form 4 filed by Director Stanek Mary Ellen
- SEC Form 4 filed by Director Cunningham Danny L
- WEC Energy Group Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
- SEC Form 11-K filed by WEC Energy Group Inc.
- SEC Form 11-K filed by WEC Energy Group Inc.
- SEC Form 11-K filed by WEC Energy Group Inc.
- EVP WEC Infrastructure Krueger Daniel exercised 4,665 shares at a strike of $58.30 and sold $517,624 worth of shares (4,665 units at $110.96) (SEC Form 4)