Spire Inc Stock Price, News & Analysis

Spire (NYSE: SR) named Steve Greenley as executive vice president and chief operating officer, effective October 13, 2025. Greenley will oversee the company's natural gas utilities and Spire Midstream operations that together serve more than 1.7 million customers across Alabama, Missouri and Mississippi.

Greenley brings over 25 years of utility experience, most recently as senior vice president at Enbridge, and previously held leadership roles at CenterPoint Energy. He holds a bachelor's degree in mechanical engineering from the University of Texas at Austin and serves on several industry and community boards.

Spire (NYSE: SR) reported fiscal 2025 results for year ended Sept 30: net income $271.7M ($4.37 diluted) and adjusted earnings $275.5M ($4.44 per share), up 7.5% vs. fiscal 2024. Management set fiscal 2026 adjusted EPS guidance of $5.25–$5.45 and fiscal 2027 adjusted EPS guidance of $5.65–$5.85 (uses Piedmont Tennessee contribution and excludes storage earnings pending asset sale).

Board raised the quarterly common dividend to $0.825 (annualized $3.30), payable Jan 5, 2026. Spire also raised its 10-year capital investment target to $11.2B.

Spire (NYSE: SR) said its board raised the annual common stock dividend to $3.30 per share from $3.14, a $0.16 (5.1%) increase that sets the quarterly common dividend at $0.825. The dividend is payable January 5, 2026 to shareholders of record on December 11, 2025. Spire said this marks its 23rd consecutive year of annual dividend increases. The board also declared a regular quarterly dividend of $0.36875 per depositary share on the 5.90% Series A cumulative redeemable perpetual preferred stock, payable February 17, 2026 to holders of record on January 26, 2026. The company serves 1.7 million homes and businesses across Alabama, Mississippi and Missouri.

Spire Inc. (NYSE: SR) will host a fiscal 2025 fourth quarter and year-end earnings conference call and webcast on Friday, Nov. 14, 2025 at 9 a.m. CT (10 a.m. ET). A news release will be issued before market open that day and posted at Investors.SpireEnergy.com. The call is listen-only and accessible by phone or live webcast under the Events & presentations tab. A replay of the call will be available by phone and on the website through Nov. 21, 2025 (replay access code 7811817).

Investor and media contacts are provided for follow-up.

Spire (NYSE: SR) has appointed Steve Greenley as Executive Vice President and Chief Operating Officer, effective October 13, 2025. Greenley brings over 25 years of utility industry experience, most recently serving as Senior Vice President of commercial services, gas distribution and storage at Enbridge.

In his new role, Greenley will oversee Spire's natural gas utilities serving over 1.7 million customers across Alabama, Missouri, and Mississippi, as well as Spire Midstream operations. A mechanical engineering graduate from the University of Texas, Greenley currently serves on the Policy Council for the American Gas Association and the Executive Management Committee for the Canadian Gas Association.

Spire Inc. (NYSE: SR) reported strong fiscal Q3 2025 results with net income of $20.9 million ($0.29 per share), compared to a loss of $12.6 million in the prior year. Adjusted earnings were $4.1 million ($0.01 per share), up from a loss of $4.3 million year-over-year.

The company announced a significant acquisition of Piedmont Natural Gas Tennessee from Duke Energy for $2.48 billion, expected to close in Q1 2026. Spire reaffirmed its FY2025 adjusted EPS guidance of $4.40-$4.60 and maintains its long-term adjusted EPS growth target of 5-7%.

The Gas Utility segment reduced losses, Gas Marketing earnings increased to $5.3 million, and Midstream earnings grew to $16.2 million. The company's 10-year capital investment plan targets $7.4 billion through fiscal 2034, with FY2025 capex increased to $875 million.

Spire (NYSE: SR) has declared its quarterly common stock dividend of $0.785 per share, payable on October 2, 2025, to shareholders of record as of September 11, 2025. The company has maintained an impressive track record of continuous cash dividend payments since 1946, with 2025 marking its 22nd consecutive year of increasing common stock dividends annually.

Additionally, Spire announced a quarterly dividend of $0.36875 per depositary share on its 5.90% Series A Cumulative Redeemable Perpetual Preferred Stock, with payment scheduled for November 17, 2025, to holders of record on October 24, 2025.

Spire Inc. (NYSE: SR) has announced a significant acquisition agreement with Duke Energy's Piedmont Natural Gas, purchasing its Tennessee operations for $2.48 billion. The transaction, expected to close in Q1 2026, represents a 1.5x multiple of estimated 2026 rate base.

The acquisition will add over 200,000 customers in the Nashville area and nearly 3,800 miles of distribution and transmission pipelines to Spire's portfolio. This expansion will increase Spire's utility customer base to nearly two million homes and businesses, complementing its existing operations in Missouri, Alabama, and Mississippi.

The deal will be financed through a mix of debt, equity, and hybrid securities, supported by a bridge facility from BMO Capital Markets Corp. Spire expects the acquisition to be accretive to adjusted earnings and support its long-term 5-7% adjusted EPS growth target.

Duke Energy (NYSE: DUK) has announced the sale of its Piedmont Natural Gas Tennessee business to Spire Inc. for $2.48 billion in cash. The transaction, expected to close in Q1 2026, represents a 1.8x multiple of 2024 rate base and a 24x multiple of 2024 earnings. The sale includes nearly 3,800 miles of pipelines and a liquefied natural gas facility serving 205,000 customers.

Of the proceeds, $800 million will offset Piedmont Natural Gas debt, while the remaining $1.5 billion will help fund Duke Energy's $83 billion five-year capital plan. The company plans to utilize existing tax credits to offset most cash taxes from the transaction. Current employees supporting the Tennessee business will transition to Spire to maintain operational continuity.