SR 📈 Spire - Overview

Spire Inc. is a natural gas distribution company that operates through a multi-segmented business model, catering to a diverse range of customers across the United States. The company's primary operations involve the purchase, retail distribution, and sale of natural gas to various end-users, including residential, commercial, and industrial customers. This is achieved through its Gas Utility segment, which is responsible for the delivery of natural gas to over 1.7 million customers, making it a significant player in the gas utilities sector.

The company's Gas Marketing segment focuses on the marketing of natural gas and related services, providing customers with a range of options to manage their energy needs. This includes offering fixed-price contracts, as well as index-based pricing, to help customers mitigate price volatility. Additionally, Spire Inc. engages in the transportation and storage of natural gas, which enables the company to optimize its supply chain and ensure a reliable supply of natural gas to its customers. The Midstream segment, on the other hand, is involved in the operation of propane pipelines, as well as other midstream activities, such as risk management and asset optimization.

With a history dating back to 1857, Spire Inc. has evolved significantly over the years, having undergone a name change from The Laclede Group, Inc. to its current name in April 2016. Today, the company is headquartered in Saint Louis, Missouri, and is listed on the New York Stock Exchange (NYSE) under the ticker symbol SR. As a common stock, Spire Inc. is classified under the Gas Utilities sub-industry, with an ISIN code of US84857L1017. The company's website, https://www.spireenergy.com, provides further information on its operations, services, and commitment to delivering safe and reliable energy solutions to its customers.

As a leading gas utility company, Spire Inc. is committed to operating in a responsible and sustainable manner, with a focus on reducing its environmental footprint and promoting energy efficiency. The company's operations are guided by a set of core values, which emphasize the importance of safety, customer satisfaction, and community engagement. With its extensive network of pipelines, storage facilities, and distribution infrastructure, Spire Inc. is well-positioned to meet the evolving energy needs of its customers, while also contributing to the economic development of the regions it serves.