Spire Inc Stock Price, News & Analysis

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.

The Federal Energy Regulatory Commission (FERC) granted a temporary emergency certificate on December 3, allowing the Spire STL Pipeline to continue operations as it awaits a comprehensive review. This measure aims to prevent potential gas supply disruptions for over 650,000 homes and businesses in the St. Louis region during winter. The certificate follows a court ruling that vacated the pipeline's original authorization. Spire STL Pipeline asserts its importance for regional energy reliability and is committed to working with FERC for long-term approval.

Spire Inc. (NYSE: SR) announced its fiscal 2021 fourth quarter results, reporting a narrower net loss of $9.9 million ($0.26 per share) compared to a loss of $19.7 million ($0.45 per share) in 2020. Net Economic Earnings (NEE) for the quarter were also improved at $13.1 million ($0.32 per share) from $15.3 million ($0.37 per share) in the previous year. The company launched fiscal 2022 NEE guidance at $3.70 - $4.00 and set a five-year capital expenditure target of $3.1 billion. Challenges include recent Missouri regulatory orders affecting operations and the Spire STL Pipeline's temporary operating status.

Spire Inc. (NYSE: SR) will hold a conference call on November 22 to discuss its fiscal 2021 fourth quarter and full-year results. The earnings press release will be available before market opening that day. The conference call starts at 10:00 a.m. CT and will be accessible through a U.S. and international dial-in. A replay will be available following the call until December 23, 2021, through designated phone numbers. Spire provides natural gas services to 1.7 million customers across Alabama, Mississippi, and Missouri.

Spire Inc. (NYSE: SR) announced a dividend increase from $0.65 to $0.685 per share, reflecting a 5.4% annual increase to an annualized rate of $2.74. This change demonstrates the company's robust financial standing and ongoing commitment to delivering shareholder value. The dividend is payable on January 4, 2022, to shareholders recorded by December 10, 2021. Spire has maintained a continuous dividend payment since 1946, marking 2022 as its 19th consecutive year of dividend increases.