Spire Inc Stock Price, News & Analysis

Spire and Ameren Missouri have launched the Pay As You Save (PAYS^®) program, enabling Missouri customers to make energy-efficiency upgrades with little or no upfront costs. Customers can sign up for free home energy assessments, leading to customized plans for upgrades like furnaces and insulation. Costs are covered mostly by Spire and Ameren Missouri, repaid through fixed monthly charges on utility bills. The program aims to lower annual energy expenses and increase home comfort without credit checks.

Spire and Evergy have launched the Pay As You Save® (PAYS) program in Missouri, enabling customers to make energy-efficiency upgrades with minimal upfront costs. This collaboration allows for upgrades like air conditioners and insulation, financed through fixed monthly utility charges. Customers can benefit from a free energy assessment to identify cost-effective improvements. The program aims to lower utility bills while enhancing energy efficiency. Notably, this is the first joint offering between Spire and Evergy, expanding access to energy-saving strategies for customers.

Spire Inc. (NYSE: SR) will present at the 2022 American Gas Association (AGA) Financial Forum on May 18, 2022, at 1:50 p.m. Eastern time. The live webcast and presentation materials will be available at Investors.SpireEnergy.com and archived for later access. Spire serves 1.7 million homes and businesses, making it the fifth largest publicly traded natural gas company in the U.S., operating in Alabama, Mississippi, and Missouri with various business lines including Spire Marketing and Spire STL Pipeline.

Spire Inc. (NYSE: SR) reported its fiscal 2022 second quarter results, showing net income of $173.6 million ($3.27 per diluted share), down from $187.4 million ($3.55 per share) last year. Net economic earnings (NEE) for the quarter were $181.0 million ($3.42 per share), a drop from $195.6 million ($3.71 per share). The company's earnings guidance for fiscal 2022 has been narrowed to $3.75 - $3.95 per share. The Gas Utility segment performed better, with NEE increasing to $169.2 million, driven by new rates despite warmer weather.

Spire has made a significant donation of $100,000 to support the Healthy Homes Program initiated by Children's Mercy Kansas City, the program's first corporate donor. This grant will enable the program to expand its reach, targeting families facing chronic health issues related to poor home conditions. The initiative aims to address health problems linked to housing, benefiting approximately 90 homes over the next three years and potentially securing an additional $1 million in federal funding.

Spire Inc. (NYSE: SR) will hold a conference call on May 6, 2022, at 10:00 a.m. CT to discuss its fiscal 2022 Q2 results. The earnings news release will precede the call, available on the company's website. Investors and the public can access the call via phone or listen online. A replay will be available until June 6, 2022. Spire serves 1.7 million customers across Alabama, Mississippi, and Missouri, positioning itself as the fifth largest public natural gas company in the U.S.

Spire Inc. (NYSE: SR) reported fiscal 2022 first quarter results, revealing a net income of $55.7 million ($1.01 per diluted share), down from $88.9 million ($1.65 per share) year-over-year. Net economic earnings fell to $62.6 million ($1.14 per share) due to warm weather and rising expenses. The Spire STL Pipeline secured a temporary operation certificate. Despite challenges, earnings guidance for 2022 remains unchanged at $3.70 - $4.00 per share. The company plans $3.1 billion in capital investments over five years to support growth.

Spire Inc. (NYSE: SR) will host a conference call on February 2 to discuss its fiscal 2022 first quarter results, with the earnings release available prior to the market opening. The call is set for 8:00 a.m. CT (9:00 a.m. ET) and can be accessed by dialing specified numbers. A replay of the call and webcast will be available post-event until March 2, 2022. Spire serves approximately 1.7 million homes and businesses across Alabama, Mississippi, and Missouri, positioning itself as the fifth largest publicly traded natural gas company in the U.S.