Spire Inc
Investor Relations

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.

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Nov 14, 2025
AI Summary
Q4 2025

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.

Key Financials
Adjusted EPS
$4.44
Adjusted Earnings
$275.5 million
Gas Utilities Segment Earnings
$231 million
Midstream Segment Earnings
$56 million
Gas Marketing Segment Earnings
$26 million
Other Corporate Costs
$38 million
Annual Dividend
$3.30 per share
Capital Expenditures
$922 million (fiscal 2025)
Rate Base and Capitalization
$8.2 billion (estimated end of fiscal 2026); expected to grow to $10.7 billion by 2030
FFO to Debt Target
15% to 16%
Earnings Call Recording
Other Earnings Calls

Management

Mr. Steven L. Lindsey
CEO, President & Director
No Bio Available
Mr. Scott Edward Doyle
Executive VP & COO
No Bio Available
Mr. Timothy W. Krick
Controller & Chief Accounting Officer
No Bio Available
Mr. Ryan L. Hyman
Chief Information Officer & VP of Information Technology Services
No Bio Available
Ms. Courtney M. Vomund
VP, Chief Administrative Officer & Corporate Secretary
No Bio Available
Megan L. McPhail
Managing Director of Investor Relations
No Bio Available
Mr. Matthew J. Aplington
VP & Chief Legal Officer
No Bio Available
Ms. Jessica B. Willingham
Senior VP and Chief Communications & Marketing Officer
No Bio Available
Gerard J. Gorla
VP & Chief Human Resources Officer
No Bio Available
Mr. Scott R. Smith
President of Spire Storage & Spire STL Pipeline
No Bio Available

Contacts

Address
MISSOURI
St. Louis
700 Market St Fl 6
Contacts
+13143420500.0
www.spireenergy.com