NiSource Inc. (NYSE:NI) Q1 2024 Earnings Conference Call May 8, 2024 11:00 AM ET

Company Participants

Chris Turnure - Director of Investor Relations
Lloyd Yates - President and Chief Executive Officer
Michael Luhrs - Executive Vice President of Strategy and Risk and Chief Commercial Officer
Shawn Anderson - Executive Vice President and Chief Financial Officer
Melody Birmingham - Executive Vice President and Group President, NiSource Utilities

Conference Call Participants

Travis Miller - Morningstar
William Appicelli - UBS Securities

Operator

Thank you for standing by at this time. I'd like to welcome everyone to the Q1 2024 NiSource Earnings Conference Call. After the speaker's remarks, there will be a question-and-answer session. [Operator Instructions] Thank you. I'd now like to turn the call over to Chris Turnure, Director of Investor Relations. Please go ahead.

Chris Turnure

Good morning, and welcome to the NiSource First Quarter 2024 Investor Call. Joining me today are President and Chief Executive Officer, Lloyd Yates; Executive Vice President and Chief Financial Officer, Shawn Anderson; Executive Vice President of Strategy and Risk and Chief Commercial Officer, Michael Luhrs; and Executive Vice President and Group President, NiSource Utilities, Melody Birmingham.

The purpose of this presentation is to review NiSource’s financial performance for the first quarter of 2024 as well as provide an update on our operations and growth drivers. Following our prepared remarks, we’ll open the call to your questions. Slides for today’s call are available in the Investor Relations section of our website.

We would like to remind you that some of the statements made during this presentation will be forward-looking. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the statements. Information concerning such risks and uncertainties is included in the risk factors and MD&A sections of our periodic SEC filings.

Additionally, some of the statements made on this call relate to non-GAAP measures. Please refer to the supplemental slides, segment information and full financial schedules for information on the most directly comparable GAAP measure and a reconciliation of these measures.

I’d now like to turn the call over to Lloyd.

Lloyd Yates

Thank you, Chris. And good morning, everyone. I'll begin on slide three. The NiSource investment thesis is simple. We serve our customers by delivering safe and reliable energy at an affordable price. Affordable energy delivery requires deployment of capital and operating assets efficiently. It requires operating and jurisdictions which have constructive regulatory mechanisms. The byproduct of these fundamentals generates competitive regulated returns for our shareholders while maintaining and improving our balance sheet position.