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S

Spire SR · USD

Utilities · US listing · 🇺🇸 United States

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88.86

+0.06%

Close of 9 Nov 2026, in USD

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About Spire

From its filings with the US Securities and Exchange Commission

SEC filings

Spire is based in St Louis, Missouri and is incorporated in Missouri. Its shares trade on NYSE under the ticker SR. The SEC classifies its business as natural gas distribution. In the fiscal year to 30 September 2025, it reported revenue of $2.48bn and net income of $271.7m. At that date it held total assets of $11.58bn and shareholders' equity of $3.39bn.

In its own words

Spire Inc. (“Spire” or the “Company”) was formed in 2000 and is the holding company for Spire Missouri Inc. (“Spire Missouri”), Spire Alabama Inc. (“Spire Alabama”), other gas utilities, and gas-related businesses. Spire Missouri was formed in 1857, and Spire Alabama was formed in 1948 by the merger of two gas companies. Spire is committed to transforming its business and pursuing growth through growing organically, investing in infrastructure, and advancing through innovation. The Company has three reportable business segments: Gas Utility, Gas Marketing and Midstream, which are further described below.

The Gas Utility segment includes the regulated operations of Spire Missouri, Spire Alabama, Spire Gulf Inc. (“Spire Gulf”) and Spire Mississippi Inc. (“Spire Mississippi”) (collectively, the “Utilities”). Due to the seasonal nature of the Utilities’ business and the volumetric Spire Missouri rate design, earnings of Spire and each of the Utilities are typically concentrated during the heating season of November through April of each fiscal year.

The Gas Marketing segment includes Spire Marketing Inc. (“Spire Marketing”), a wholly owned subsidiary providing natural gas marketing services.

Quoted from its 10-K, filed 14 Nov 2025. Read the filing on SEC.gov ↗

Company facts

Sector
Utilities
Industry
Gas Utilities
Listed since
17 Mar 1980
Employees
3,497
Head office
700 MARKET STREET, ST LOUIS, MO, 63101
Incorporated in
MO
Classification
Natural Gas Distribution
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Rob JonesIndependent Chairman of the Board, since 2016$348,099
  • Mr. Scott DoylePresident, Chief Executive Officer, Director, since 2024$1.8m
  • Mr. Adam WoodardChief Financial Officer, Executive Vice President
  • Mr. Ryan HymanSenior Vice President, Chief Customer and Information Officer$932,741
  • Mr. Matt AplingtonSenior Vice President, Chief Legal Officer
  • Mr. Timothy KrickChief Accounting Officer, Vice President
  • Mr. Mark BorerIndependent Director$258,984
  • Ms. Maria FogartyIndependent Director$254,399
  • Ms. Sheri CookIndependent Director$52,500
  • Mr. Vincent FerrariIndependent Director$228,099
  • Ms. Carrie HightmanIndependent Director$228,099
  • Mr. Paul KoonceIndependent Director$228,099

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
44
Environment
48
Social
48
Governance
37
Direct emissions (scope 1)
368,254 t
Energy emissions (scope 2)
11,421 t
Women in the workforce
19.09%
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Spire Inc possesses several strengths that contribute to its success in the market:
  • Spire Inc has a well-balanced energy portfolio, including natural gas distribution and storage, which provides stability and diversified revenue streams.
  • As a leading energy company, Spire Inc has established a strong market presence, enabling it to leverage its brand and customer base for further growth opportunities.
  • With its extensive network of pipelines and storage facilities, Spire Inc has built a robust infrastructure that supports efficient and reliable energy distribution.

Weaknesses

  • Despite its strengths, Spire Inc also faces several weaknesses that pose challenges to its performance:
  • Being in the energy industry, Spire Inc is subject to regulatory changes and policies that may impact its operations, potentially leading to increased costs or limitations on growth.
  • Spire Inc's profitability can be influenced by fluctuations in energy prices, as changes in market conditions may affect consumer demand and pricing strategies.

Opportunities

  • Spire Inc can capitalize on the following opportunities to enhance its business:
  • With the increasing demand for renewable energy sources, Spire Inc can explore investments in and partnerships with renewable energy projects to diversify its portfolio and meet evolving customer preferences.
  • As natural gas remains a viable and cleaner energy alternative, Spire Inc can leverage the growing demand for natural gas to expand its customer base and increase revenue.

Threats

  • Spire Inc faces the following threats that may impact its performance:
  • The energy industry is highly competitive, and Spire Inc faces challenges from other established players as well as emerging disruptive technologies.
  • Stringent regulations and policies aimed at reducing greenhouse gas emissions may impose additional costs or operational constraints on Spire Inc's operations.

Sources and methodology

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