Spire Inc - Company Profile
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Spire Inc (Spire), formerly Laclede Group, Inc., is a public utility company that conducts the sale, marketing and retail distribution of natural gas. The company also carries out the non-regulated marketing of natural gas and related business. The company carries out natural gas compression, real estate development, and liquid propane transportation. Spire also provides third parties propane storage and related services. The company conducts utility operations through main and related service lines, regulation and odorization facilities, and customer meters in Missouri and Alabama. The company also purchases natural gas through future contracts and serves customers essentially in the central US. Spire is headquartered in St Louis, Missouri, the US.
Headquarters
United States of America
Address
700 Market St Fl 6, St. Louis, Missouri, 63101-1829
Website
www.spireenergy.com
Telephone
1 314 3420500
No of Employees
3,589
Industry
Energy and Utilities
Ticker Symbol & Exchange
SR (NYSE)
Revenue (2022)
$2.7B
21.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-1.5%
(2022 vs 2021)
Market Cap*
$3.3B
Net Profit Margin (2022)
XYZ
-18.7%
(2022 vs 2021)
* As of and is in US$
Spire Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Propane Gas | Transportation |
| Natural Gas | Gas Distribution |
| Gas Marketing | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Acquisitions/Mergers/Takeovers | In January, the company acquired MoGas Pipeline (MoGas) and Omega Pipeline (Omega) from CorEnergy Infrastructure Trust, Inc. |
| 2024 | Contracts/Agreements | In January, the company entered into a collaboration with KC Water for the development of the first renewable natural gas facility in Kansas City, Missouri. |
| 2023 | Others | In August, the company started installing new high-tech gas meters in the St. Louis area. |
Competitor Comparison
| Key Parameters | Spire Inc | Tenaska Inc | Ameren Corp | EQT Corp | Southern Company Gas |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | St. Louis | Omaha | St. Louis | Pittsburgh | Atlanta |
| State/Province | Missouri | Nebraska | Missouri | Pennsylvania | Georgia |
| No. of Employees | 3,589 | - | 9,372 | 881 | - |
| Entity Type | Public | Private | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Rob L. Jones | Chairman | Executive Board | 2024 | 65 |
| Steven L. Lindsey | Director; Chief Executive Officer; President | Executive Board | - | 57 |
| Steven P. Rasche | Executive Vice President; Chief Financial Officer | Senior Management | - | 63 |
| Matt Aplington | Chief Legal Officer | Senior Management | - | - |
| Michael C. Geiselhart | Senior Vice President; Chief Strategy and Corporate Development Officer | Senior Management | 2015 | 64 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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