(SR) Spire - Ratings and Ratios

Spire Inc. (NYSE:SR) is a leading natural gas utility company serving residential, commercial, and industrial customers across the United States. Operating through three core segments—Gas Utility, Gas Marketing, and Midstream—the company specializes in the purchase, distribution, and sale of natural gas. Its Gas Utility segment focuses on the regulated distribution of natural gas through its extensive network, ensuring reliable energy delivery to over 1.7 million customers. The Gas Marketing segment engages in the wholesale marketing of natural gas, leveraging its expertise to optimize supply and demand dynamics. The Midstream segment provides critical infrastructure services, including transportation and storage of natural gas, enabling the efficient movement of energy resources. Beyond its core operations, Spire Inc. also manages propane distribution through its pipeline network and employs risk management strategies to mitigate energy price volatility.

Founded in 1857 and headquartered in Saint Louis, Missouri, Spire Inc. has a long-standing history of delivering energy solutions. Formerly known as The Laclede Group, Inc., the company rebranded as Spire Inc. in April 2016 to reflect its expanded scope and commitment to innovation. With a workforce of over 3,600 employees, Spire Inc. is dedicated to advancing its infrastructure, enhancing customer experiences, and supporting the transition to a sustainable energy future. The company’s operations are supported by a robust regulatory framework, ensuring safe and reliable energy delivery while maintaining strong stakeholder relationships. Spire Inc. continues to invest in modernizing its grid, improving operational efficiency, and exploring new technologies to meet evolving energy demands.