NiSource Inc. (NYSE:NI) Q2 2024 Earnings Conference Call August 7, 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

Shar Pourreza - Guggenheim Partners
Nicholas Campanella - Barclays
Julien Dumoulin-Smith - Jefferies
Durgesh Chopra - Evercore ISI
Richard Sunderland - J.P. Morgan
Steve Fleishman - Wolfe Research
Paul Fremont - Ladenburg Thalmann

Operator

Thank you for standing by. My name is John, and I will be your conference operator for today. I'd this time I would like to welcome everyone to the Second Quarter NiSource Earnings Conference Call 2024. [Operator Instructions].

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 Second 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 second 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 3. The NiSource investment thesis is simple. We serve our customers by delivering safe and reliable energy at an affordable price. Affordable energy requires efficient capital deployment, safe asset operations and constructive regulatory recovery mechanisms. These fundamentals generate competitive returns while enhancing our balance sheet position.