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About
Spire Inc. operates as a public utility holding company, which provides natural gas service through its utility operations while engaging in non-regulated activities. The company operates its business through the following segments: Gas Utility and Gas Marketing. The Gas Utility segment includes the regulated operations of Laclede Gas Company and Alabama Gas Corporation. The Gas Marketing segment includes Laclede Energy Resources, Inc. a subsidiary engaged in the marketing of natural gas and related activities on a non-regulated basis. It also engages in other businesses, including the transportation of liquid propane, real estate development, the compression of natural gas, financial investments in other enterprises, propane sales transactions, propane storage and related services, and merchandise sales business. The company was founded on October 1, 2001 and is headquartered in St. Louis, MO. | |||
Description
The Laclede Group, Inc., through its subsidiaries, engages in the retail distribution, sale, and marketing of natural gas in Missouri and Alabama. It operates through two segments, Gas Utility and Gas Marketing. The company is also involved in marketing natural gas and related activities on non-regulated basis to on-system utility transportation customers, as well as to retail and wholesale customers. In addition, it engages in the transportation of liquid propane; oil production; real estate development; compression of natural gas; and financial investments in other enterprises, as well as provides propane storage and related services to third parties. The company provides natural gas services to approximately 1.5 million residential, commercial, and industrial customers across Missouri and Alabama. The Laclede Group, Inc. was founded in 1857 and is headquartered in St. Louis, Missouri. |