ST. LOUIS, July 18, 2025 /PRNewswire/ -- Spire Inc. (NYSE: SR) will host a conference call and webcast on Tuesday, August 5 to discuss fiscal 2025 third quarter financial results, earnings guidance and other matters. A news release will be issued before the market opens that day and will be available at Investors.SpireEnergy.com under the News tab.To access the call, please dial the applicable phone number 5-10 minutes prior to the start time.            Date and Time:          Tuesday, August 5            ...

Company Overview - Spire Inc. is a natural gas company serving over 1.7 million customers in the United States, founded in 2000 and headquartered in St. Louis, MO [11] - The company generates more than 90% of its profits from regulated operations, providing clarity on future earnings [11] - Spire operates over 60,000 miles of pipelines and has businesses in Gas Utility, Gas Marketing, and Midstream segments [11] Investment Insights - Spire Inc. holds a Zacks Rank of 3 (Hold) with a VGM Score of A, indicating a solid position in the market [12] - The company has a Momentum Style Score of B, with shares increasing by 1.1% over the past four weeks [12] - An analyst has revised the earnings estimate upwards for fiscal 2025, with the Zacks Consensus Estimate rising to $4.50 per share [12] - Spire boasts an average earnings surprise of +2.5%, suggesting potential for positive performance [12] Recommendation - With a strong Zacks Rank and favorable Momentum and VGM Style Scores, Spire Inc. is recommended for investors' consideration [13]

Core Viewpoint - Spire Inc. is benefiting from systematic capital investments aimed at strengthening infrastructure and improving service reliability, alongside an expanding natural gas customer base [1] Group 1: Positive Factors - Spire's capital expenditures for fiscal 2025 are projected to be $840 million, an increase from the previous guidance of $790 million, with notable increases in Spire Missouri and Midstream for storage expansion projects [2] - The company has invested nearly $103 million in advanced meter installations, with over 350,000 advanced meters installed in fiscal 2024, benefiting a total of 850,000 customers [3] - Spire is expanding its customer base through acquisitions, such as MoGas and Omega pipeline systems, which added approximately 263 miles of interstate natural gas pipelines to its network, enhancing service in St. Louis, MO [4] Group 2: Challenges - As a holding company with no significant assets, Spire relies on its operating units to meet financial obligations, making it vulnerable if subsidiaries fail to generate sufficient net income and cash flows [5] - The company's financial performance could be adversely affected by disruptions in the transmission and storage capacity of interstate natural gas pipelines during peak demand periods [5] Group 3: Stock Performance - Over the past six months, Spire's shares have increased by 12.7%, outperforming the industry's growth of 3.1% [6] Group 4: Industry Comparisons - Other stocks in the industry with better rankings include UGI Corporation (Zacks Rank 1), Atmos Energy (Zacks Rank 2), and ONE Gas (Zacks Rank 2), with UGI's long-term earnings growth rate at 5.2% and a projected 2.3% year-over-year EPS improvement for fiscal 2025 [8] - Atmos Energy has a long-term earnings growth rate of 7.19% with a projected 6% year-over-year EPS improvement for fiscal 2025, while ONE Gas has a long-term growth rate of 5.56% and a projected 9.7% year-over-year EPS improvement [9]

At Energy Profits in Dividends, we seek to generate a 7%+ income yield by investing in a portfolio of energy stocks while minimizing our risk of principal loss. By subscribing, you will get access to our best ideas earlier than they are released to the general public (and many of them are not released at all) as well as far more in-depth research than we make available to everybody. In addition, all subscribers can read any of my work without a subscription to Seeking Alpha Premium!He is the leader of the i ...

Core Insights - Spire Inc. is positioned to meet rising consumer demand through investments in operations and technology, enhancing efficiency and service quality [1][2] - The company is facing risks related to supplier performance and regulatory compliance [5][6] Investment Plans - Spire plans to invest $840 million in fiscal 2025, an increase from the previous guidance of $790 million, focusing on reliability and new service connections [2][8] - The company has a long-term capital investment plan of $7.4 billion, expecting a rate-based growth of 7-8% [2][8] Customer Experience Enhancements - Spire is installing ultrasonic meters to improve customer experience, having deployed over 350,000 advanced meters in fiscal 2024, benefiting a total of 850,000 customers [3][8] Acquisition Strategy - The company is expanding its customer base through acquisitions, including the recent acquisition of MoGas and Omega pipeline systems, adding approximately 263 miles of interstate natural gas pipes [4] Supply Chain Risks - Spire's natural gas supply is reliant on supplier performance and the capacity of pipeline operators, which poses a risk to financial performance in case of disruptions [5] Regulatory Challenges - The company must comply with various environmental laws, which can increase operating costs and impact profitability if not adhered to [6] Stock Performance - Over the past six months, Spire's stock has increased by 6.3%, contrasting with a 3.4% decline in the industry [7]

Company Overview - Spire Inc. is a natural gas company serving over 1.7 million customers in the United States, founded in 2000 and headquartered in St. Louis, MO [13] - The company focuses on organic growth through systematic investments in infrastructure and innovation, with over 90% of profits derived from regulated operations [13] - Spire operates more than 60,000 miles of pipelines and has segments including Gas Utility, Gas Marketing, and Midstream [13] Investment Ratings - Spire has a Zacks Rank of 3 (Hold) and a VGM Score of B, indicating a moderate investment outlook [14] - The company is considered a potential pick for growth investors, with a Growth Style Score of B and a forecasted year-over-year earnings growth of 9% for the current fiscal year [14] - Recent upward revisions in earnings estimates for fiscal 2025 have increased the Zacks Consensus Estimate to $4.50 per share [14] Performance Metrics - Spire has an average earnings surprise of 2.5%, suggesting a history of exceeding earnings expectations [14] - The combination of a solid Zacks Rank and strong Growth and VGM Style Scores positions Spire as a noteworthy option for investors [15]

Core Viewpoint - Spire Global (NYSE: SPIR) has successfully sold its maritime business segment, which was anticipated in previous analyses, and this move is expected to help eliminate its debt [1]. Group 1: Company Developments - The maritime segment sale has materialized, aligning with earlier predictions [1]. - The company is focusing on value investing and maintaining a long-term investment perspective [1]. Group 2: Analyst Position - The analyst holds a beneficial long position in Spire Global shares through various financial instruments [2]. - The article reflects the analyst's personal opinions and is not influenced by external compensation [2].

Company Overview - Spire Inc. is a natural gas company serving over 1.7 million customers in the United States, founded in 2000 and headquartered in St. Louis, MO [11] - The company generates more than 90% of its profits from regulated operations, providing clarity on future earnings [11] - Spire operates over 60,000 miles of pipelines and has segments including Gas Utility, Gas Marketing, and Midstream [11] Investment Ratings - Spire Inc. holds a Zacks Rank of 2 (Buy) and has a VGM Score of A, indicating strong potential for investment [12] - The company is considered a top pick for growth investors, with a Growth Style Score of B, forecasting a year-over-year earnings growth of 9% for the current fiscal year [12] - The Zacks Consensus Estimate for Spire's earnings has increased to $4.50 per share, with one analyst revising their estimate upwards in the last 60 days [12] Performance Metrics - Spire boasts an average earnings surprise of 2.5%, reflecting its ability to exceed earnings expectations [12] - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, Spire is recommended for investors' consideration [13]

Group 1 - Spire (SR) and ONE Gas (OGS) are being considered as potential undervalued stocks in the Utility - Gas Distribution sector [1] - The Zacks Rank system indicates that SR has a rank of 2 (Buy) while OGS has a rank of 3 (Hold), suggesting a more favorable outlook for SR [3] - Value investors analyze various metrics to determine if a company is undervalued, including P/E ratio, P/S ratio, earnings yield, and cash flow per share [4] Group 2 - SR has a forward P/E ratio of 17.01, while OGS has a forward P/E of 18.45, indicating that SR may be more attractively priced [5] - The PEG ratio for SR is 2.60, compared to OGS's PEG ratio of 3.32, suggesting SR has a better earnings growth outlook relative to its price [5] - SR's P/B ratio is 1.37, while OGS's P/B ratio is 1.43, further supporting SR's stronger valuation metrics [6] Group 3 - SR's improving earnings outlook is a significant factor in its favorable Zacks Rank, making it a potentially superior value option compared to OGS [7]

Financial Performance - Operating revenues for the three months ended March 31, 2025, were $1,051.3 million, a decrease of 6.8% compared to $1,128.5 million for the same period in 2024[9]. - Net income for the three months ended March 31, 2025, was $209.3 million, slightly up from $204.3 million in the same period of 2024, representing a 0.5% increase[11]. - Operating income for the six months ended March 31, 2025, was $455.2 million, an increase of 4.0% from $437.8 million for the same period in 2024[9]. - Total operating expenses for the three months ended March 31, 2025, were $744.9 million, down 10.2% from $829.9 million in the same period of 2024[9]. - Basic earnings per common share for the three months ended March 31, 2025, were $3.52, compared to $3.59 for the same period in 2024, reflecting a decrease of 1.9%[9]. - The company reported a comprehensive income of $207.6 million for the three months ended March 31, 2025, compared to $210.8 million for the same period in 2024[11]. - Net income for the six months ended March 31, 2025, was $290.6 million, slightly up from $289.4 million for the same period in 2024, indicating stable performance[24]. - Adjusted earnings for the three months ended March 31, 2025, were $214.4 million, compared to $196.6 million for the same period in 2024, reflecting an increase of about 9.4%[115]. - Adjusted earnings for the six months ended March 31, 2025, were $295.5 million, up from $279.3 million in 2024, representing a growth of 5.9%[117]. Assets and Liabilities - Total assets as of March 31, 2025, were $11,346.7 million, an increase of 4.5% from $10,860.7 million as of March 31, 2024[14]. - Long-term debt (less current portion) as of March 31, 2025, was $3,348.5 million, a decrease of 9.6% from $3,704.4 million as of March 31, 2024[17]. - Total assets as of March 31, 2025, amounted to $6,127.4 million, up from $5,754.9 million as of March 31, 2024, indicating a growth of 6.5%[30]. - Total shareholder's equity increased to $2,205.0 million as of March 31, 2025, compared to $1,963.7 million as of March 31, 2024, reflecting a growth of 12.3%[33]. - Long-term debt (less current portion) was $1,803.8 million as of March 31, 2025, compared to $1,486.2 million as of March 31, 2024, indicating an increase of 21.3%[33]. - Total liabilities at fair value were reported at $39.2 million, with $23.4 million classified under Level 1 and $42.7 million under Level 2[102]. Cash Flow and Capital Expenditures - Cash and cash equivalents increased to $15.2 million as of March 31, 2025, compared to $4.5 million as of March 31, 2024[14]. - Capital expenditures for the six months ended March 31, 2025, were $479.2 million, an increase from $409.3 million in the prior year, indicating a focus on investment in growth[24]. - Net cash provided by operating activities for the six months ended March 31, 2025, was $453.8 million, down from $559.4 million in the same period of 2024, suggesting a decrease in operational efficiency[24]. - Cash and cash equivalents at the end of the period were $3.3 million, an increase from $1.5 million at the beginning of the period[45]. - Capital expenditures for the six months ended March 31, 2025, totaled $322.1 million, compared to $255.1 million in 2024, representing an increase of 26.3%[39]. Shareholder Equity and Dividends - Total shareholders' equity increased to $3,508.7 million as of March 31, 2025, compared to $3,390.3 million a year earlier, reflecting a growth of approximately 3.5%[21]. - The company declared dividends of $90.0 million on common stock and $7.4 million on preferred stock during the six months ended March 31, 2025[24]. - Common stock issued during the six months ended March 31, 2025, amounted to 1,206,134 shares, raising $74.8 million, compared to 4,490,282 shares issued in the same period of 2024, which raised $286.0 million[21]. Segment Performance - The Gas Utility segment remains the core business segment, contributing significantly to revenue and earnings, with operations in Missouri and Alabama[57]. - Revenues from external customers in the Gas Utility segment for the three months ended March 31, 2025, were $970.1 million, down from $1,072.4 million in the same period of 2024, a decrease of about 9.5%[115]. - The Gas Marketing segment generated revenues of $53.6 million for the three months ended March 31, 2025, compared to $46.0 million in the same period of 2024, an increase of about 16.5%[115]. - The Midstream segment reported revenues of $27.1 million for the three months ended March 31, 2025, up from $10.0 million in the same period of 2024, representing a significant increase of approximately 171%[115]. Regulatory and Market Environment - The company’s regulatory environment supports the continued use of regulatory accounting principles, ensuring recoverability of regulatory assets and liabilities[59]. - Spire Missouri's proposed general rate case includes a base rate increase request of $289.5 million, reflecting a 32% increase in rate base since the last filing[81]. - The Infrastructure System Replacement Surcharge (ISRS) allows Spire Missouri to recover $53.6 million from customers for eligible capital projects through August 2024[81]. - The common equity ratio assumed in Spire's rate case filing is 55.0%, with a proposed return on equity of 10.5%[81]. Challenges and Future Outlook - The company faces challenges including volatility in gas prices and potential disruptions from severe weather events, which could affect operational margins and competitive positioning[143]. - Future outlook indicates a cautious approach due to fluctuating commodity prices, particularly in natural gas, which has seen a significant drop[103]. - The company plans to explore potential mergers and acquisitions to strengthen its market position and diversify its offerings[103].