Welcome to our dedicated page for Spire news (Ticker: SR), a resource for investors and traders seeking the latest updates and insights on Spire stock.
Spire Inc. (NYSE: SR) provides essential natural gas distribution and energy infrastructure services through its regulated utility operations and complementary market-driven segments. This dedicated news hub offers investors and stakeholders centralized access to official company developments across all operational areas.
Track Spire's performance through earnings releases, regulatory filings, and strategic announcements. Our curated collection includes updates on gas utility operations, midstream infrastructure projects, and energy marketing initiatives. Users gain visibility into rate case decisions, infrastructure investments, and sustainability efforts shaping the company's trajectory.
Key updates cover three core business areas: regulated gas distribution service expansions, non-regulated marketing portfolio adjustments, and midstream infrastructure developments. Stay informed about capital expenditure programs, operational efficiency initiatives, and leadership changes impacting Spire's market position.
Bookmark this page for real-time access to SEC filings, investor presentations, and operational updates. Combine these resources with Spire's financial reports to monitor how regulatory environments and energy market trends influence long-term strategy.
Spire Inc. (NYSE: SR) announced leadership changes in its financial team. Steve Rasche will step down as executive vice president and CFO on January 1, 2025, serving as senior adviser until his retirement on April 1, 2025. Adam Woodard, current vice president and treasurer, will succeed as CFO. Since joining in 2009 and becoming CFO in 2013, Rasche helped transform Spire into one of the largest publicly traded natural gas companies. Woodard, who has served as VP and treasurer since 2018, will oversee accounting, treasury, investor relations, financial planning, and supply chain functions. Additionally, Tim Krick, vice president and controller, will become chief accounting officer.
Spire Inc. (NYSE: SR) announced a 4.0% increase in its annual common stock dividend to $3.14 per share from $3.02 per share, raising the quarterly rate to $0.785. The dividend is payable on January 3, 2025, to shareholders of record on December 11, 2024. This marks Spire's 22nd consecutive year of dividend increases, with continuous cash dividend payments since 1946. Additionally, the company declared a quarterly dividend of $0.36875 per depositary share on its 5.90% Series A Preferred Stock, payable February 17, 2025.
Spire Inc. (NYSE: SR) has announced its fiscal 2024 fourth quarter and year-end earnings conference call, scheduled for Wednesday, Nov. 20 at 8 a.m. CT (9 a.m. ET). The company will discuss financial results, earnings guidance, and other matters. A news release will be issued before market open on the same day. Interested parties can access the call via phone (U.S. and Canada: 844-824-3832, International: 412-317-5142) or listen to the webcast at Investors.SpireEnergy.com.
A replay will be available until Nov. 27, 2024. Spire Inc. is one of the largest publicly traded natural gas companies in the U.S., serving 1.7 million homes and businesses through its utilities in Alabama, Mississippi, and Missouri. The company also operates Spire Marketing and Spire Midstream, focusing on organic growth, infrastructure investment, and innovation.
Spire Inc. (NYSE: SR) reported its fiscal 2024 third quarter results, showing improvement across all segments. Key highlights include:
- Net loss of $12.6 million, or ($0.28) per diluted share, compared to a loss of $21.6 million, or ($0.48) per share a year ago
- Net economic earnings (NEE) loss of $4.3 million, or ($0.14) per share, compared to a loss of $18.6 million, or ($0.42) per share last year
- Fiscal 2024 NEE guidance lowered to $4.15–$4.25 per share from $4.25–$4.45
The company launched a customer affordability initiative to lower costs and improve efficiency, with benefits expected in 2025 and 2026. Despite improvements, Spire lowered its guidance due to lower Spire Missouri margin and higher interest costs earlier in the year.
Spire Inc. (NYSE: SR) has declared a quarterly common stock dividend of $0.755 per share, payable on October 2, 2024, to shareholders of record on September 11, 2024. This marks the company's 21st consecutive year of increasing its common stock dividend on an annualized basis, with a continuous cash dividend payment history since 1946. Additionally, Spire declared a regular quarterly dividend of $0.36875 per depositary share on its 5.90% Series A Cumulative Redeemable Perpetual Preferred Stock, payable November 15, 2024, to holders of record on October 25, 2024.
Spire is one of the largest publicly traded natural gas companies in the United States, serving 1.7 million homes and businesses through its gas utilities in Alabama, Mississippi, and Missouri. The company also operates Spire Marketing and Spire Midstream, focusing on growth, infrastructure investment, and innovation.
Spire Inc. (NYSE: SR) will host a conference call and webcast on Wednesday, July 31, to discuss its fiscal 2024 third quarter results. The announcement will be made available before the market opens that day on Investors.SpireEnergy.com. The call, starting at 8 a.m. CT (9 a.m. ET), can be accessed by dialing 844-824-3832 (U.S. and Canada) or 412-317-5142 (international). The conference will also be webcast in a listen-only format. A replay will be available from 10 a.m. CT (11 a.m. ET) on July 31 until August 31, 2024, by dialing 877-344-7529 (U.S.), 855-669-9658 (Canada), or 412-317-0088 (international) with access code 2598655. Spire serves 1.7 million homes and businesses, making it one of the largest publicly traded natural gas companies in the U.S.
Spire released its annual Sustainability Report, highlighting progress in reducing emissions, supporting communities, and enhancing governance. Key achievements include a 4.7% reduction in greenhouse gas emissions, replacement of 173 miles of aging infrastructure, and an 8% reduction in motor vehicle accident rates. Spire has connected customers with $33 million in energy assistance and donated over $6.2 million to community support. The company has also increased its racially diverse workforce by 4% and introduced a parental leave policy. Governance improvements include appointing three new board directors and establishing a Sustainability Council.
Spire Inc. (NYSE: SR) reported its fiscal 2024 second-quarter results showing net income of $204.3 million ($3.58 per share), reaffirmed earnings guidance, and continued focus on growth and operational excellence. Gas Utility earnings grew, while Gas Marketing and Midstream earnings were solid despite the absence of favorable market conditions from the prior year.
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