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Spire Inc.
Spire Inc. is a regional public utility holding company based in St. Louis, Missouri, providing natural gas service through its regulated core utility operations while engaging in non-regulated activities that provide business opportunities. Its primary subsidiary Laclede Gas Company is the largest natural gas distribution utility in Missouri, serving approximately 631,000 residential, commercial and industrial customers in the City of St. Louis and ten counties in eastern Missouri. Its corporate headquarters is located in the 700 Market building in downtown St. Louis. On April 29, 2016, the company began trading on the New York Stock Exchange under the symbol SR. It had previously been known as the Laclede Group, trading under the symbol LG. History Laclede Gas Company was one of the original 12 industrial companies that made up the Dow Jones Industrial Average but was removed in 1899. On December 7, 2009, executives from The Laclede Group visited the New York Stoc ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Natural Gas
Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon dioxide, nitrogen, hydrogen sulfide, and helium are also usually present. Natural gas is colorless and odorless, so odorizers such as mercaptan (which smells like sulfur or rotten eggs) are commonly added to natural gas supplies for safety so that leaks can be readily detected. Natural gas is a fossil fuel and non-renewable resource that is formed when layers of organic matter (primarily marine microorganisms) decompose under anaerobic conditions and are subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other hydrocarbons. Natural gas can be burned fo ...
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Gadsden, Alabama
Gadsden is a city in and the county seat of Etowah County in the U.S. state of Alabama. It is located on the Coosa River about northeast of Birmingham and southwest of Chattanooga, Tennessee. It is the primary city of the Gadsden Metropolitan Statistical Area, which has a population of 103,931. As of the 2020 census, the population of the city was 33,945. In the 19th century, Gadsden was Alabama's second-most important center of commerce and industry, trailing only the seaport of Mobile. The two cities were important shipping centers: Gadsden for riverboats and Mobile for international trade. From the late 19th century through the 1980s, Gadsden was a center of heavy industry, including the Goodyear Tire and Rubber Company and Republic Steel. In 1991, following more than a decade of sharp decline in industry, Gadsden was awarded the honor of All-America City by the National Civic League. History The first substantial European-American settlement in the area that developed a ...
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Lauderdale County, Alabama
Lauderdale County is a County (United States), county located in the northwestern corner of the U.S. state of Alabama. At the 2020 United States census, 2020 census the population was 93,564. Its county seat is Florence, Alabama, Florence. Its name is in honor of Colonel James Lauderdale, of Tennessee. Lauderdale is part of the Florence-Muscle Shoals, Alabama, Muscle Shoals, AL Metropolitan Statistical Area, also known as "The Shoals". History Lauderdale County was named in honor of James Lauderdale, Col. James Lauderdale who was born in Virginia in about 1780. In the early 19th century, Lauderdale, who moved to West Tennessee, became a major in General John Coffee's cavalry of volunteers. Later promoted to lieutenant colonel, he commanded a brigade of mounted riflemen, serving under Andrew Jackson. According to reliable historians, Col. Lauderdale did not die in the Battle of New Orleans, but was wounded in the Battle of Talladega and died on December 23, 1814, seventeen days b ...
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Birmingham Metropolitan Area, Alabama
The Birmingham metropolitan area, sometimes known as Greater Birmingham, is a metropolitan area in north central Alabama centered on Birmingham, Alabama. , the federal government defines the Birmingham–Hoover, AL Metropolitan Statistical Area as consisting of six counties (Bibb, Blount, Chilton, Jefferson, St. Clair, and Shelby) centered on Birmingham. The population of this metropolitan statistical area as of the 2020 census was 1,115,289, making it the 50th largest metropolitan statistical area in the United States as of that date. The six counties in the Birmingham–Hoover metropolitan statistical area are combined with the Cullman micropolitan area ( Cullman County) and the Talladega–Sylacauga Micropolitan Statistical Area ( Talladega County and Coosa County) to form the federally defined Birmingham–Hoover–Talladega, AL Combined Statistical Area. According to the United States Census 2020 census, the combined statistical area has a population of 1,350,646. ...
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Southern Union Company
Southern Union Company was a natural gas utility and energy resources company based in Houston, Texas. In 2012, the company was acquired by Energy Transfer Partners. The company owned and operated more than of gathering and transportation pipelines that transported natural gas from major producing areas to major markets in the Southeast, Midwest, and Great Lakes regions. It also owned a large liquefied natural gas import terminal. Southern Union Gas Services, with approximately 5,500 miles of pipelines, was engaged in the gathering, transmission, treating, processing and re-delivery of natural gas and natural gas liquids in Texas and New Mexico. History The company was founded in 1929 by Clint Murchison Sr. as Wink Gas Co., a pipeline and utility company. In February 1990, Metro Mobile CTS, controlled by billionaire George Lindemann, acquired the company for $175 million. In 1991, the Arizona operations were sold to Citizens Utilities. The company acquired pipeline assets ...
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Missouri Gas Energy
Missouri Gas Energy (MGE) was a natural gas distribution company headquartered in Kansas City, Missouri in the United States, with offices in St. Joseph, Lee's Summit, Warrensburg, Joplin, Republic, Neosho and Monett. MGE served over in 155 western Missouri communities and was a division of the Southern Union Company until it was ultimately sold to the Spire Inc. Its business is regulated by the Missouri Public Service Commission. MGE's primary business was the delivery of natural gas. The company also had programs to promote the development of compressed natural gas (CNG) vehicles throughout its service territory, and headed up the Midwest CNG Coalition, a consortium of CNG interests from Missouri, Kansas, Nebraska and Iowa. MGE was sold by Southern Union Company to Energy Transfer Equity, and in turn, sold to Spire Inc (formerly known as The Laclede Group) on September 1, 2013. History MGE can trace its roots back to 1867 with the formation of the Kansas City Gas Light ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ...
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Dow Jones Industrial Average
The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (), is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indexes. Many professionals consider it to be an inadequate representation of the overall U.S. stock market compared to a broader market index such as the S&P 500. The DJIA includes only 30 large companies. It is price-weighted, unlike stock indices which use market capitalization. Furthermore, the DJIA does not use a weighted arithmetic mean. The value of the index can also be calculated as the sum of the stock prices of the companies included in the index, divided by a factor which is currently () approximately 0.152. The factor is changed whenever a constituent company undergoes a stock split so that the value of the index is unaffected by the stock split. First calculated on May 26, 1896, the index is the second-oldest among U.S. market ...
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New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately 169 billion in 2013. The NYSE trading floor is at the New York Stock Exchange Building on 11 Wall Street and 18 Broad Street and is a National Historic Landmark. An additional trading room, at 30 Broad Street, was closed in February 2007. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. History The earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, securiti ...
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700 Market
700 Market is a six-story office building located at 700 Market Street in downtown St. Louis, Missouri, United States. Spire, Inc. is the sole tenant of the building, using it for its corporate headquarters. The building was previously the General American Life Insurance Company National Headquarters, located on 706 Market St., and is on the National Register of Historic Places. It is LEED Gold Certified by the U.S. Green Building Council. History Originally known as the GenAm Building, 700 Market was designed in the 1970s by architect Philip Johnson, as headquarters for the General American Life Insurance Company MetLife, Inc. is the Holding company, holding corporation for the Metropolitan Life Insurance Company (MLIC), better known as MetLife, and its affiliates. MetLife is among the largest global providers of insurance, Annuity (US financial produc ... (later absorbed into MetLife). GenAm relocated in 2004 and the building remained vacant until redevelopment began ...
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Customers
In sales, commerce, and economics, a customer (sometimes known as a client, buyer, or purchaser) is the recipient of a good, service, product or an idea - obtained from a seller, vendor, or supplier via a financial transaction or exchange for money or some other valuable consideration. Etymology and terminology Early societies relied on a gift economy based on favours. Later, as commerce developed, less permanent human relations were formed, depending more on transitory needs rather than enduring social desires. Customers are generally said to be the purchasers of goods and services, while clients are those who receive personalized advice and solutions. Although such distinctions have no contemporary semantic weight, agencies such as law firms, film studios, and health care providers tend to prefer ''client'', while grocery stores, banks, and restaurants tend to prefer ''customer'' instead. Clients The term client is derived from Latin ''clients'' or ''care'' meaning "to incl ...
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