Our story

Bring people & energy together

Spire embodies a promise to bring people and energy together in ways that enrich lives and create value for our shareholders.
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About Spire

Today Spire is a growing, financially strong natural gas company with five gas utilities, serving 1.7 million homes and businesses across Alabama, Mississippi and Missouri, making us the 5th largest publicly traded natural gas company. Our gas-related businesses include Spire Marketing, Spire STL Pipeline and Spire Storage. We are committed to transforming our business through:

  • Growing organically
  • Investing in infrastructure
  • Advancing through innovation
Territory Map
Growth

Growing organically

We are focused on driving organic growth through a strategic program to increase the number of homes and businesses we serve, improving and expanding the reach of our service. We have a strong focus on new business development and a high level of engagement on economic development initiatives. We are driving higher margins through customer growth and supportive regulatory outcomes.

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Infrastructure

Investing in infrastructure

We have a robust capital expenditures program totaling $2.8B for FY20-FY24, focused on a 15+ year pipeline upgrade program for our gas utilities, and investments in new business.

Our utility spending is driving 7-8% rate base growth and is more than 80% recovered with minimal lag or reflected in earnings.

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Innovation & Technology

Advancing through innovation

We are building on our legacy of continually improving service, efficiency and cost. Our formalized approach to innovation is a structured one with defined processes. We are leveraging technology to drive innovation, improved service and overall stronger performance.

We are completing a multi-year project to upgrade and standardize our enterprise IT platform, while investing in new workload planning systems, advanced meter technology and our customer connection platform, My Account.

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Spire is a compelling investment

Attractive investment characteristics

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    90%+ regulated business mix
  • House
    Robust 5-year CAPEX plan
    7-8% annual rate base growth
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    5-7% long-term EPS growth
  • Growth

    Growing dividend for 18 consecutive years
    Attractive yield of 4.3% 1

  • ESG
    Strong ESG performance including environmental sustainability

1 Based on $2.60 per share dividend and SR average stock price of $60.61 for the period Nov. 1-16, 2020.

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