Spire Inc
NYSE:SR
If you don’t study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.
Utilize notes to systematically review your investment decisions. By reflecting on past outcomes, you can discern effective strategies and identify those that underperformed. This continuous feedback loop enables you to adapt and refine your approach, optimizing for future success.
Each note serves as a learning point, offering insights into your decision-making processes. Over time, you'll accumulate a personalized database of knowledge, enhancing your ability to make informed decisions quickly and effectively.
With a comprehensive record of your investment history at your fingertips, you can compare current opportunities against past experiences. This not only bolsters your confidence but also ensures that each decision is grounded in a well-documented rationale.
Do you really want to delete this note?
This action cannot be undone.
This alert will be permanently deleted.
Spire Inc
Spire Inc., a stalwart of the natural gas industry, traces its roots back to the suburbs of Saint Louis, Missouri. Born out of a need to provide reliable energy to heat homes and fuel industries, the company has risen steadily through the ranks, acquiring several key players along the way to fortify its standing in the utility sector. It operates primarily as a regulated natural gas utility, serving over 1.7 million customers across the Midwest and Southeast regions of the United States. By investing diligently in infrastructure and technology, Spire ensures the safe and efficient transmission and distribution of natural gas, making certain that homes remain warm and industries powered through its integrated pipeline networks.
Beyond the domestic sphere, Spire engages in energy-related businesses such as gas storage and marketing through its subsidiaries, diversifying its revenue streams. The company’s insight into the energy markets allows it to navigate the fluctuations in gas prices and regulatory challenges seamlessly. By offering services like gas supply and optimization to other utilities and businesses, Spire capitalizes on its expertise to generate additional income. This multifaceted business model not only buffers the company against market volatility but also positions it strategically to adapt to the evolving energy landscape. Thus, Spire stands firm on its promise to deliver energy with both reliability and foresight, drawing stability from its regulated operations and growth from its ancillary ventures.
Spire Inc., a stalwart of the natural gas industry, traces its roots back to the suburbs of Saint Louis, Missouri. Born out of a need to provide reliable energy to heat homes and fuel industries, the company has risen steadily through the ranks, acquiring several key players along the way to fortify its standing in the utility sector. It operates primarily as a regulated natural gas utility, serving over 1.7 million customers across the Midwest and Southeast regions of the United States. By investing diligently in infrastructure and technology, Spire ensures the safe and efficient transmission and distribution of natural gas, making certain that homes remain warm and industries powered through its integrated pipeline networks.
Beyond the domestic sphere, Spire engages in energy-related businesses such as gas storage and marketing through its subsidiaries, diversifying its revenue streams. The company’s insight into the energy markets allows it to navigate the fluctuations in gas prices and regulatory challenges seamlessly. By offering services like gas supply and optimization to other utilities and businesses, Spire capitalizes on its expertise to generate additional income. This multifaceted business model not only buffers the company against market volatility but also positions it strategically to adapt to the evolving energy landscape. Thus, Spire stands firm on its promise to deliver energy with both reliability and foresight, drawing stability from its regulated operations and growth from its ancillary ventures.
EPS Growth: Adjusted EPS for fiscal 2025 was $4.44, up 7.5% from last year, driven by growth across all segments and infrastructure investment.
2026-2027 Guidance: Issued fiscal 2026 adjusted EPS guidance of $5.25–$5.45 and 2027 guidance of $5.65–$5.85, reflecting strong growth expectations.
Piedmont Tennessee Acquisition: Pending acquisition remains on track for early 2026 close, with regulatory approvals progressing and integration planning underway.
Dividend Increase: Board approved a 5.1% dividend increase to $3.30 per share, marking the 23rd consecutive annual dividend raise.
Capital Investment: 10-year capital plan totals $11.2 billion, focused on safety, reliability, and customer expansion; majority of spend targeted at utilities.
O&M Control: Operating and maintenance expense growth is targeted below the rate of inflation, maintaining focus on cost discipline.
Storage Asset Sale: Evaluation of gas storage asset sale is ongoing, with strong interest and an announcement expected by end of the year.
