Newfield Exploration Co. (NFX), NiSource Inc. (NI) Among Billionaire Israel Englander’s Top Mid-Cap Energy Picks

Millennium Management reported a 240% increase of its holding in NiSource Inc. (NYSE:NI) to 5.54 million shares, which are valued at $244.75 million as of March 31, 2015. In September, NiSource announced that the company intends to separate its natural gas pipeline and other related business into a publicly traded company, Columbia Pipeline Group, while NiSource would become a regulated natural gas and electric utilities company. The separation will be completed on July 1, 2015 and only time will show whether the process of separation has been successful. However, the stock is up nearly 11% year-to-date, which might be a clear sign that the company has been quite successful following the separation. The second-largest shareholder of NiSource Inc. (NYSE:NI) right behind Englander’s Millennium Management is Phil Gross and Robert Atchinson’s Adage Capital Management.

According to the latest 13F filing, Millennium Management purchased a 2.88 million-share stake in DTE Energy Company (NYSE:DTE), which is valued at $232.41 million, during the first quarter. DTE Energy, a Detroit-based diversified energy company, has recently announced that it will build and operate the two largest solar arrays in Michigan in cooperation with Domino’s Farms and Ford Motor Company.DTE Energy Company (NYSE:DTE) has already started the construction of a solar installation at Domino’s Farms, which is part of a project comprised of more than 4,000 panels. According to DTE Energy’s official, this large-scale project is an example of how this company cooperates with its clients to build a more sustainable future. Having said that, it is quite clear that DTE Energy’s future financial performance will be strong as the company is constantly increasing its activities and operations throughout the country. Cliff Asness’ AQR Capital Management is among the largest investors in DTE Energy Company (NYSE:DTE), owning a stake valued at $166.05 million.

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