Spire Inc. (“Spire” or the “Company”) was formed in 2000 and is the holding company for Spire Missouri Inc. (“Spire Missouri”), Spire Alabama Inc. (“Spire Alabama”), other gas utilities, and gas-related businesses. Spire Missouri was formed in 1857 and Spire Alabama was formed in 1948 by the merger of two gas companies. Spire is committed to transforming its business and pursuing growth through growing organically, investing in infrastructure, and advancing through innovation. The Company has two key business segments: Gas Utility and Gas Marketing. The Gas Utility segment includes the regulated operations of Spire Missouri, Spire Alabama, Spire Gulf Inc. (“Spire Gulf”) and Spire Mississippi Inc. (“Spire Mississippi”) (collectively, the “Utilities”). The business of the Utilities is subject to seasonal fluctuations with the peak period occurring in the winter heating season, typically November through April of each fiscal year. Spire Missouri is a public utility engaged in the purchase, retail distribution and sale of natural gas, with primary offices located in St. Louis, Missouri. Spire Missouri is the largest natural gas distribution utility system in Missouri, serving approximately 1.2 million residential, commercial and industrial customers. For utility regulatory purposes, Spire Missouri has two regions (the “Missouri Utilities”), one serving St. Louis and eastern Missouri (“Spire Missouri East”) and the other serving Kansas City and western Missouri (“Spire Missouri West”). Spire Alabama is a public utility engaged in the purchase, retail distribution and sale of natural gas principally in central and northern Alabama, serving more than 0.4 million residential, commercial and industrial customers with primary offices located in Birmingham, Alabama. Spire Gulf and Spire Mississippi are utilities engaged in the purchase, retail distribution and sale of natural gas to 0.1 million customers in southern Alabama and south-central Mississippi.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
LACLEDE GAS CO
SEC CIK
Latest filings (excl ownership)
8-K
Other Events
13 Feb 23
424B2
Prospectus for primary offering
7 Feb 23
FWP
Free writing prospectus
6 Feb 23
424B3
Prospectus supplement
6 Feb 23
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
10 Jan 23
10-K
2022 FY
Annual report
16 Nov 22
10-Q
2022 Q2
Quarterly report
4 Aug 22
8-K
Amended and Restated Loan Agreement
28 Jul 22
S-3ASR
Automatic shelf registration
9 May 22
10-Q
2022 Q2
Quarterly report
6 May 22
Latest ownership filings
11-K
Annual report of employee stock purchases
30 Mar 15
11-K
Annual report of employee stock purchases
30 Mar 15
11-K
Annual report of employee stock purchases
28 Jan 15
11-K
Annual report of employee stock purchases
28 Mar 14
11-K
Annual report of employee stock purchases
29 Mar 13
11-K
Annual report of employee stock purchases
6 Mar 12
11-K
Annual report of employee stock purchases
27 Jan 12
11-K
Annual report of employee stock purchases
3 Feb 11
11-K
Annual report of employee stock purchases
25 Jan 11
11-K
Annual report of employee stock purchases
27 Mar 08
Financial summary
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
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Cash on hand (at last report) | 15.20 mm | 15.20 mm | 15.20 mm | 15.20 mm | 15.20 mm | 15.20 mm |
Cash burn (monthly) | (no burn) | 7.40 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 86.96 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | -71.76 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | -9.7 | n/a | n/a | n/a | n/a |