Public | |
Traded as | : SR S&P 600 Component |
Industry | Energy |
Founded | 1857 as The Laclede Gas Light Company |
Headquarters | St. Louis, Missouri, United States |
Area served
|
St. Louis, Missouri |
Products |
Natural gas |
Services | Natural gas distribution |
Revenue | $1.457 Billion (2016) |
$0.282 Billion (2016) | |
$0.144 Billion (2016) | |
Total assets | $6.077 Billion (2016) |
Total equity | $1.8 Billion (2016) |
Website | www |
Spire Inc. (: SR) is a 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.
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.
The company was one of the original 12 industrial companies that made up the Dow Jones Industrial Average but was removed in 1899.
In 2014, Laclede acquired Missouri Gas Energy from Southern Union Company.
Also in 2014, Laclede group acquired Alabama Gas Corporation (Alagasco).
Laclede Gas received the 2009 Marketing Best Practices Award from the Southern Gas Association in its “Green Marketing” category for their work on the “Extreme Makeover: Home Edition” television show. The award recognizes a specific customer marketing effort that demonstrates a commitment to a healthier, more energy-conscious environment. Thanks to Laclede’s efforts and expertise, a home built by the show’s staff and volunteers earned a SILVER Award designation from the Home Builders Association of St. Louis under its Green Building Initiative.
Supported by Laclede over the past 27 years, the energy-assistance fund Dollar-Help has surpassed $1 million in annual donations for the past three years. Through its own donations and its “Check A Red Box” campaign with customers, Laclede helps elderly, disabled and other customers in need receive assistance in paying their heating bills.