 | |
| Company type | Public |
|---|---|
| Industry | Energy |
| Founded | 1857 as The Laclede Gas Light Company |
| Headquarters | , |
Area served | St. Louis, Missouri Kansas City,Missouri Birmingham,Alabama Montgomery,Alabama Mobile,Alabama Hattiesburg,Mississippi |
Key people | Steve Lindsey (CEO)[1] |
| Products | Natural gas |
| Services | Natural gas distribution |
| Revenue |  US$1.855 billion(Fiscal Year Ended 30 September 2020)[2] |
| US$206.4 million(Fiscal Year Ended 30 September 2020)[2] | |
| US$88.6 million(Fiscal Year Ended 30 September 2020)[2] | |
| Total assets |  US$8.241 billion(Fiscal Year Ended 30 September 2020)[2] |
| Total equity | US$2.522 billion(Fiscal Year Ended 30 September 2020)[2] |
Number of employees | 3,296 (2016)[3] |
| Subsidiaries | Alabama Gas Corporation (Alagasco) EnergySouth, Inc. Laclede Gas Company |
| Website | spireenergy |
Spire Inc. is a regionalpublic utilityholding company based inSt. Louis,Missouri, providingnatural gas service through its regulated core utility operations while engaging in non-regulated activities that provide business opportunities. Its primary subsidiaryLaclede Gas Company is the largest natural gas distribution utility in Missouri, serving approximately 631,000residential,commercial andindustrialcustomers in the City of St. Louis and ten counties in eastern Missouri. Its corporate headquarters is located in the700 Market building in downtown St. Louis.
On April 29, 2016, the company began trading on theNew York Stock Exchange under the symbolSR. It had previously been known as the Laclede Group, trading under the symbolLG.[4]
Laclede Gas Company was one of the original 12 industrial companies that made up theDow Jones Industrial Average but was removed in 1899.[5] On December 7, 2009, executives from The Laclede Group visited the New York Stock Exchange (NYSE) to ring the closing bell and commemorate the company’s 120th anniversary of trading on the exchange. The Company first listed its stock on November 14, 1889[citation needed], making it the 8th-oldest listed stock on the NYSE.
On February 1, 2012, Laclede hired its first female CEO, Suzanne Sitherwood. Sitherwood earned a bachelor of science degree in industrial engineering technology from the Southern College of Technology and an MBA from Brenau University.[6]
In 2013, The Laclede Group acquiredMissouri Gas Energy fromSouthern Union Company,[7] expanding their Missouri holdings to include Kansas City.
In 2014 Laclede acquiredAlabama Gas Corporation (Alagasco),[8] which serves theGreater Birmingham,East Lauderdale County,Gadsden,Jasper,Anniston-Oxford,Greater Tuscaloosa,Greater Montgomery,Opelika-Auburn,Tuskegee,Selma, and manyBlack Belt communities asSpire Alabama Inc.
On April 28, 2016, The Laclede Group shareholders approved renaming the company to Spire.[9] Later in 2016, Spire acquired Energy South, Inc fromSempra U.S. Gas & Power, the parent company ofMobile Gas and Willmut Gas.[10] Mobile Gas operates in Mobile, Alabama asSpire Gulf Coast Inc. while Willmut gas operates in Hattiesburg, Mississippi asSpire Mississippi Inc..
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