NiSource Inc Surges to 344th in Trading Volume with $248 Million in Shares Exchanged

On May 19, 2025, NiSource Inc. (NI) experienced a significant surge in trading volume, with a total of $248 million in shares exchanged, marking an 118.17% increase from the previous day. This substantial trading activity placed NiSource at the 344th position in terms of daily trading volume among all stocks. The company's stock price also saw a notable rise, increasing by 2.15% and marking its fourth consecutive day of gains, with a cumulative increase of 5.55% over the past four days.

State regulators have given the green light to an increase in non-gas rates and charges for Columbia Gas of Virginia, a subsidiary of NiSource. This adjustment is expected to add approximately $6 to the average residential customer's bill, potentially impacting the company's revenue and operational costs.

In related news, the state of California is facing a potential loss of up to 17% of its refining capacity starting this year. This development could have implications for the energy sector, including companies like NiSource that are involved in natural gas distribution and related services.