Get all premium features to the best stock analysis tool

Spire reports FY26 second quarter results

ST. LOUIS, May 6, 2026 /PRNewswire/ -- Spire Inc. (NYSE: SR) today reported results for its fiscal 2026 second quarter ended March 31. Highlights include: Completed acquisition of the Piedmont Natural Gas Tennessee business on March 31, 2026 Following quarter-end, completed sale of Spire Marketing; announced agreements to sell Spire Storage and Spire Mississippi Second quarter net income of $217.6 million ($3.51 per diluted share) compared to $189.3 million ($3.17 per share) a year ago Second quarter adjusted earnings* from continuing operations of $223.7 million ($3.76 per share) compared to $189.3 million ($3.17 per share) a year ago Second quarter net income and adjusted earnings reflect the classification of Spire Marketing and Spire Storage as discontinued operations, with prior-period results presented accordingly Updated fiscal 2026 adjusted earnings guidance from continuing operations to $3.90–$4.10 Reaffirmed fiscal 2027 adjusted earnings guidance range of $5.40–$5.60 Reaffirmed long-term adjusted earnings growth target of 5-7% During fiscal 2026, Spire continued to focus on its regulated gas utility businesses, enhancing its risk profile and improving long-term earnings visibility.

BERNHARD CAPITAL-BACKED DELTA UTILITIES TO EXPAND MISSISSIPPI FOOTPRINT THROUGH ACQUISITION OF SPIRE INC.'S NATURAL GAS BUSINESS

BATON ROUGE, La., April 22, 2026 /PRNewswire/ -- Delta Utilities, a natural gas utility and Bernhard Capital Partners ("Bernhard") portfolio company, today announced that it has entered into an agreement with a subsidiary of Spire Inc. (NYSE: SR) to acquire its Mississippi local natural gas distribution company ("Spire Mississippi") that serves approximately 18,000 residential, commercial, and industrial customers across south central Mississippi.

Spire announces sale of its Mississippi natural gas business to Delta Utilities for $75 million

Sale refines geographic footprint, regulated natural gas distribution portfolio now focused on larger regulated gas utilities Spire Mississippi serves approximately 18,000 customers and includes roughly 745 miles of distribution pipelines Expected to close first fiscal quarter of 2027 ST. LOUIS, April 22, 2026 /PRNewswire/ -- Spire Inc. (NYSE: SR) today announced it has entered into an agreement to sell its Mississippi local distribution company ("Spire Mississippi") to Delta Utilities, a company backed by Bernhard Capital Partners, for $75 million in cash.

Spire and I Squared announce agreement for sale of natural gas storage assets for $650 million

Further sharpens Spire's focus on regulated natural gas utility businesses and improves risk profile; Positions the company for continued growth under I Squared ownership ST. LOUIS, April 15, 2026 /PRNewswire/ -- Spire Inc. (NYSE: SR) and I Squared Capital, a leading global infrastructure investment manager, today announced they have entered into an agreement in which I Squared will acquire Spire's natural gas storage assets in Wyoming and Oklahoma ("Spire Storage").