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 ...

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,

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 carbon ...

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 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

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 f ...

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 ...

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 indexe ...

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 (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 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 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..

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