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
A residential area is a land used in which housing predominates, as opposed to industrial and commercial areas.
Housing may vary significantly between, and through, residential areas. These include single-family housing, multi-family residen ...
,
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
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 Gene ...
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 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, 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.
In 2013, The Laclede Group acquired
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 we ...
from
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 pipel ...
, expanding their Missouri holdings to include Kansas City.
In 2014 Laclede acquired
Alabama Gas Corporation (Alagasco), which serves the
Greater Birmingham,
East Lauderdale County,
Gadsden Gadsden may refer to:
Places
*Gadsden, Alabama
**Gadsden Depot, a United States Army Depot in the city of Gadsden, Alabama
*Gadsden, Arizona
*Gadsden, Indiana
* Gadsden, South Carolina
* Gadsden, Tennessee
* Gadsden County, Florida
* Gadsden Ind ...
,
Jasper,
Anniston-Oxford,
Greater Tuscaloosa,
Greater Montgomery,
Opelika-Auburn
The Auburn Metropolitan Area—officially the Auburn-Opelika, Alabama Metropolitan Statistical Area—is a metro area in east-central Alabama with a 2016 population of 158,991. It was the 19th fastest growing metro area in the United States bet ...
,
Tuskegee,
Selma, and many
Black Belt
Black Belt may refer to:
Martial arts
* Black belt (martial arts), an indication of attainment of expertise in martial arts
* ''Black Belt'' (magazine), a magazine covering martial arts news, technique, and notable individuals
Places
* Black B ...
communities as
Spire Alabama Inc.
On April 28, 2016, The Laclede Group shareholders approved renaming the company to Spire. Later in 2016, Spire acquired Energy South, Inc from
Sempra U.S. Gas & Power, the parent company of
Mobile Gas
Mobile Gas, headquartered in Mobile, Alabama, was the largest natural gas utility in coastal Alabama that provided energy to 89,000 homes and businesses. Its operations dated back to 1836 when it began providing gas lighting for the city of Mobil ...
and Willmut Gas.
Mobile Gas operates in Mobile, Alabama as
Spire Gulf Coast Inc. while Willmut gas operates in Hattiesburg, Mississippi as Spire Mississippi Inc..
See also
*
Laclede Gas Company - Subsidiary of the Laclede Group
*
Laclede Gas Building
References
External links
*
{{Authority control
Energy companies of the United States
Holding companies of the United States
Natural gas companies of the United States
Oil companies of the United States
Companies based in St. Louis
Energy infrastructure in Missouri
Energy companies established in 2016
Holding companies established in 2016
Non-renewable resource companies established in 2016
2016 establishments in Missouri
Companies listed on the New York Stock Exchange
Companies based in Missouri
19th-century initial public offerings
Companies in the S&P 400