Sector: Utilities | Industry: Natural Gas Utilities |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 700 Market St Fl 6 ST. LOUIS MO 63101-1829 |
Tel: | 1-314-3096563 |
Website: | https://www.spireenergy.com |
IR: | See website |
Key People | ||
Rob L. Jones Chairman of the Board | Steven L. Lindsey President, Chief Executive Officer, Director | Steven P. Rasche Chief Financial Officer, Executive Vice President |
Scott E. Doyle Chief Operating Officer, Executive Vice President | Michael C. Geiselhart Senior Vice President, Chief Strategy and Corporate Development Officer |
Business Overview |
Spire Inc. is the holding company for Spire Missouri Inc. (Spire Missouri), Spire Alabama Inc. (Spire Alabama), other gas utilities, and gas-related businesses. Its Gas Utility segment includes the regulated operations of Spire Missouri, Spire Alabama, Spire Gulf Inc. (Spire Gulf) and Spire Mississippi Inc. (Spire Mississippi). Spire Missouri is engaged in the purchase, retail distribution and sale of natural gas. Spire Alabama is engaged in the purchase, retail distribution and sale of natural gas principally in central and northern Alabama. Spire Gulf and Spire Mississippi are utilities engaged in the purchase, retail distribution and sale of natural gas in the Mobile, Alabama area and south-central Mississippi. Its Gas Marketing segment includes Spire Marketing Inc. (Spire Marketing), a wholly owned subsidiary providing natural gas marketing services. Its Midstream segment consists of three facilities Spire STL Pipeline, Spire Storage West, and Spire Storage Salt Plains. |
Financial Overview |
For the three months ended 31 December 2023, Spire Inc revenues decreased 7% to $756.6M. Net income applicable to common stockholders decreased 7% to $81.3M. Revenues reflect Gas Marketing segment decrease of 51% to $36.3M, Gas Utility segment decrease of 2% to $715.2M, Midstream segment decrease of 26% to $5M. Net income also reflects Gas Marketing segment income decrease of 64% to $14.7M, Midstream segment income decrease of 54% to $3.3M. |
Employees: | 3,589 as of Sep 30, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $8,186M as of Dec 31, 2023 |
Annual revenue (TTM): | $2,609M as of Dec 31, 2023 |
EBITDA (TTM): | $667.30M as of Dec 31, 2023 |
Net annual income (TTM): | $196.50M as of Dec 31, 2023 |
Free cash flow (TTM): | -$221.20M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $4,748M as of Dec 31, 2023 |
Shares outstanding: | 54,983,397 as of Jan 29, 2024 |
Index Membership: | S&P 400 Mid Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |