Tag: Spire

RELEASE: Spire Prices Public Offering of Common Stock

ST. LOUIS, May 7, 2018 /PRNewswire/ — Spire Inc. (NYSE: SR) announced today that it has priced a public offering of 2,000,000 shares of its common stock at $68.75 per share. Spire has also granted the underwriters a 30-day option to purchase up to 300,000 additional shares of common stock. Gross proceeds from the offering are expected to be $137.5 million or $158.1 million if the option to purchase additional shares is exercised in full. The offering is expected to close on May 10, 2018, […]

RELEASE: Spire to Host Earnings Conference Call on May 2

ST. LOUIS, April 9, 2018 /PRNewswire/ — Spire Inc. (NYSE: SR) will host a conference call and webcast on Wednesday, May 2, to discuss our fiscal 2018 second quarter financial results. We will issue our earnings news release before the market opens that day and it will be available on our website at Investors.SpireEnergy.com under the Resources tab. To access the call, please dial the applicable phone number 5-10 minutes prior to the start time. Date and Time: Wednesday, […]

RELEASE: Gas rates go down and low income residents get bill assistance

Jefferson City — The Missouri Public Service Commission just approved Spire’s new natural gas rates – effective April 19 – and your monthly gas bill will actually decrease, with the savings varying cross the state. Last year, Laclede Gas Company (Spire’s Eastern Missouri territory) requested an increase of $3.31 per month for the average residential customer. But after a full audit and litigation of consumer concerns, these customers will actually see a rate reduction of […]

RELEASE: Spire customers in eastern Missouri will save on bills

Company upgrades infrastructure while bills stay lower than a decade ago ST. LOUIS — As a result of its recent rate case, Spire customers will pay less for safe and reliable natural gas service starting April 19. Typical residential customers in the St. Louis area will see their Spire natural gas bill decrease by approximately $2 per month. Spire bills remain lower than a decade ago, even while the company has upgraded hundreds of miles […]

RELEASE: Spire statement on Missouri rate case decision

“Today’s decision is a result of Spire’s success in becoming an even more efficient, customer-focused company. While we are still analyzing the impact of the final order from the Missouri Public Service Commission, and will seek to clarify the decisions on several issues, we are pleased to announce Spire customers will see a rate decrease starting March 28. “We agreed to lower rates, despite the federal tax cuts happening outside of the review period for our […]

Senate finds compromise during 24-hour-filibuster, perfects Emery’s utility bill

JEFFERSON CITY, Mo. — After a grueling 24-hour filibuster, Sen. Ed Emery’s SB 564 is advancing in the Missouri Senate. A small group of senators tied up the state’s upper legislative chamber for more than a day, filibustering against legislation that would change utility regulations for utilities looking to invest in their infrastructure. But the real story is the work of the senators, lobbyists, and staff off the floor. While the filibuster may get the […]

RELEASE: Spire to host earnings conference call on January 31

ST. LOUIS /PRNewswire/ — Spire Inc. (NYSE: SR) will host a conference call and webcast on Wednesday, January 31, to discuss our fiscal 2018 first quarter financial results. We will issue our earnings news release before the market opens that day and it will be available on our website at Investors.SpireEnergy.com under the Resources tab. To access the call, please dial the applicable phone number 5-10 minutes prior to the start time. Date and Time: Wednesday, […]

Spire rate case could signal change in precedent at PSC

JEFFERSON CITY, Mo. – Over the last 30 years, dating back to their days as Laclede Gas, Spire hasn’t litigated a rate case. However, after the Public Service Commission staff and Office of Public Counsel refused to settle on most all of the normally agreed to issues, leading to weeklong hearings in front of the commission. Many are seeing the treatment of Spire and the lengthy hearing process as a change in precedent towards more […]

RELEASE: Spire Reports 2017 Results

ST. LOUIS, Nov. 15, 2017 /PRNewswire/ — Spire Inc. (NYSE: SR) today reported results for its fiscal 2017 full year and fourth quarter ended September 30. Highlights include: Fiscal 2017 diluted earnings per share of $3.43, up from $3.24 in fiscal 2016 Net economic earnings* per share grew to $3.56, up $0.14 over prior year Dividend increased by 7.1 percent to an annualized $2.25 per share “Fiscal 2017 was a year of significant achievements as we […]

RELEASE: Spire Changes Start Time of Earnings Conference Call

ST. LOUIS, Oct. 26, 2017 /PRNewswire/ — As previously announced, Spire Inc. (NYSE: SR) will host a conference call and webcast on Wednesday, November 15 to discuss fiscal 2017 fourth quarter and full year financial results. To avoid a conflict with another webcast to the financial community within our industry, we have changed the start time of our earnings conference call to later in the morning on November 15 than we originally announced. Please note the […]