Spire Inc. () is a

public utility A public utility company (usually just utility) is an organization that maintains the infrastructure for a public service (often also providing a service using that infrastructure). Public utilities are subject to forms of public control and r ...

holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

based in

St. Louis St. Louis () is the second-largest city in Missouri, United States. It sits near the confluence of the Mississippi and the Missouri Rivers. In 2020, the city proper had a population of 301,578, while the bi-state metropolitan area, which e ...

Missouri Missouri is a U.S. state, state in the Midwestern United States, Midwestern region of the United States. Ranking List of U.S. states and territories by area, 21st in land area, it is bordered by eight states (tied for the most with Tennessee ...

, providing

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 carbo ...

service through its regulated core utility operations while engaging in non-regulated activities that provide business opportunities. Its primary subsidiary

Laclede Gas Company Laclede Gas Company is the largest natural gas distribution utility in Missouri, serving about 632,000 residential, commercial and industrial customers in the city of St. Louis and ten counties in eastern Missouri. As an adjunct to its gas distrib ...

is the largest natural gas distribution utility in Missouri, serving approximately 631,000 residential,

commercial Commercial may refer to: * a dose of advertising conveyed through media (such as - for example - radio or television) ** Radio advertisement ** Television advertisement * (adjective for:) commerce, a system of voluntary exchange of products and s ...

and

industrial Industrial may refer to: Industry * Industrial archaeology, the study of the history of the industry * Industrial engineering, engineering dealing with the optimization of complex industrial processes or systems * Industrial city, a city dominate ...

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 ...

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 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 c ...

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 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 inde ...

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 from Southern Union Company, expanding their Missouri holdings to include Kansas City. In 2014 Laclede acquired

Alabama Gas Corporation Alabama Gas Corporation, known as ''Alagasco'' was the largest natural gas utility in the north and central part of Alabama. It was headquartered in Birmingham and at its peak provided natural gas energy to 460,000 homes and businesses. In 2014, ...

(Alagasco), which serves the Greater Birmingham, East Lauderdale County, Gadsden,

Jasper Jasper, an aggregate of microgranular quartz and/or cryptocrystalline chalcedony and other mineral phases,Kostov, R. I. 2010. Review on the mineralogical systematics of jasper and related rocks. – Archaeometry Workshop, 7, 3, 209-213PDF/ref> ...

, Anniston-Oxford, Greater Tuscaloosa, Greater Montgomery, Opelika-Auburn, Tuskegee,

Selma Selma may refer to: Places *Selma, Algeria *Selma, Nova Scotia, Canada *Selma, Switzerland, village in the Grisons United States: *Selma, Alabama, city in Dallas County, best known for the Selma to Montgomery marches *Selma, Arkansas *Selma, Cali ...

, and many Black Belt 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 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..

References

External links

The Laclede Group, Inc.

OriginalGreenEnergy
{{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

History

See also

References

External links