Spire Inc. Boosts Earnings, Focuses on Regulated Gas Utilities

Spire Inc. reports Q2 2026 earnings, with adjusted EPS up to $3.76 from $3.17 last year. Theyre streamlining operations by focusing on regulated gas utilities, acquiring Piedmont Tennessee, and selling off Spire Marketing, Storage, and Mississippi. This move funds growth without new equity and enhances earnings predictability. The Tennessee acquisition added over 200,000 customers in Nashville. Marketing and Storage sales are imminent. Mild winter weather in Missouri led to a 11.5% drop in usage, prompting a regulatory filing for recovery. Gas utility earnings surged 20% on new rates. Guidance remains unchanged for fiscal 2026 and 2027, with a 11.2 billion dollar ten-year capex plan. Spire aims for reliable regulated growth, operational excellence, and customer affordability, with a focus on the Missouri rate case this fall. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/51193668a5f5cd7e