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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 Stock Exchan ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), 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 so 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 Kin ...
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Natural Gas
Natural gas (also fossil gas, methane gas, and gas) is a naturally occurring compound of gaseous hydrocarbons, primarily methane (95%), small amounts of higher alkanes, and traces of carbon dioxide and nitrogen, hydrogen sulfide and helium. Methane is a colorless and odorless gas, and, after carbon dioxide, is the second-greatest greenhouse gas that contributes to global climate change. Because natural gas is odorless, a commercial odorizer, such as Methanethiol (mercaptan brand), that smells of hydrogen sulfide (rotten eggs) is added to the gas for the ready detection of gas leaks. Natural gas is a fossil fuel that is formed when layers of organic matter (primarily marine microorganisms) are thermally decomposed under oxygen-free conditions, 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 ...
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Gadsden, Alabama
Gadsden is 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. The population was 33,945 at the 2020 census. 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 as Gadsden was a v ...
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Lauderdale County, Alabama
Lauderdale County is a county located in the northwestern corner of the U.S. state of Alabama. At the 2020 census the population was 93,564. Its county seat is Florence. Its name is in honor of Colonel James Lauderdale, of Tennessee. Lauderdale is part of the Florence-Muscle Shoals, AL Metropolitan Statistical Area, also known as " The Shoals". History Lauderdale County was named in honor of 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 before Jackson's decisive defeat of the British at New Orleans. Several towns and counties in the southern sta ...
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Birmingham Metropolitan Area, Alabama
The Birmingham metropolitan area, sometimes known as Greater Birmingham, is a United States metropolitan area, metropolitan area in north central Alabama centered on Birmingham, Alabama, United States. , the federal government defines the Birmingham, AL Metropolitan Statistical Area as consisting of seven counties (Bibb County, Alabama, Bibb, Blount County, Alabama, Blount, Chilton County, Alabama, Chilton, Jefferson County, Alabama, Jefferson, St. Clair County, Alabama, St. Clair, Shelby County, Alabama, Shelby, and Walker County, Alabama, Walker) centered on Birmingham. The population of this metropolitan statistical area as of the 2020 United States census, 2020 census was 1,180,631, making it the 50th largest metropolitan statistical area in the United States as of that date. The seven counties in the Birmingham metropolitan statistical area are combined with the Cullman micropolitan area (Cullman County, Alabama, Cullman County) and the Talladega-Sylacauga, AL Micropolitan ...
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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 asse ...
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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 Lig ...
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Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400, ''Forbes'' 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30, ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the 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 indices. It is Price-weighted index, price-weighted, unlike other common indexes such as the Nasdaq Composite or S&P 500, which use Capitalization-weighted index, market capitalization. The DJIA also contains fewer stocks, which could exhibit higher risk; however, it could be less volatile when the market is rapidly rising or falling due to its components being well-established large-cap companies. 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 approximately 0.163 . 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 ind ...
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