Spire Inc

Spire Elects Sheri S. Cook to Board of Directors

Retrieved on: 
Monday, April 1, 2024

ST. LOUIS, April 1, 2024 /PRNewswire/ -- The board of directors of Spire Inc. (NYSE: SR) announced that it has increased the size of the board from 9 members to 10 and elected Sheri S. Cook as its newest member, effective April 1, 2024.

Key Points: 
  • ST. LOUIS, April 1, 2024 /PRNewswire/ -- The board of directors of Spire Inc. (NYSE: SR) announced that it has increased the size of the board from 9 members to 10 and elected Sheri S. Cook as its newest member, effective April 1, 2024.
  • In her role, Cook oversees and manages human resources, information services and administration for the Altec/Styslinger Foundation.
  • "Our board and leadership team are pleased to welcome Sheri to Spire.
  • Cook graduated summa cum laude from Vanderbilt University, where she earned Bachelor of Arts degrees in economics and classical studies.

CorEnergy Closes Sale of MoGas and Omega Pipeline Systems to Spire

Retrieved on: 
Friday, January 19, 2024

CorEnergy Infrastructure Trust, Inc. (OTC: CORR, CORRL) ("CorEnergy" or the "Company") today closed the sale of its MoGas and Omega pipeline systems (together, the “MoGas System”) to Spire Midstream, a subsidiary of Spire Inc. (NYSE: SR).

Key Points: 
  • CorEnergy Infrastructure Trust, Inc. (OTC: CORR, CORRL) ("CorEnergy" or the "Company") today closed the sale of its MoGas and Omega pipeline systems (together, the “MoGas System”) to Spire Midstream, a subsidiary of Spire Inc. (NYSE: SR).
  • The MoGas System is an interstate natural gas transmission and distribution system providing service to markets in Missouri and Illinois.
  • These companies were the last remaining legacy operations from our predecessor corporation and were included in our groundbreaking qualification for REIT status.
  • The cash generated from the sale of MoGas and Omega will be sufficient for us to maintain Crimson’s liquidity and safe and reliable operations until the rate increases for which we have applied take effect.

Rob L. Jones elected board chair of Spire Inc.

Retrieved on: 
Thursday, January 25, 2024

ST. LOUIS, Jan. 25, 2024 /PRNewswire/ -- The board of directors of Spire Inc. (NYSE: SR) announced that it has elected Rob L. Jones as board chair, effective January 25, 2024.

Key Points: 
  • ST. LOUIS, Jan. 25, 2024 /PRNewswire/ -- The board of directors of Spire Inc. (NYSE: SR) announced that it has elected Rob L. Jones as board chair, effective January 25, 2024.
  • He succeeds Ed Glotzbach, who retired after serving as board chair since 2015 and a board member since 2005.
  • "I am extremely confident that Rob Jones' leadership of the board will continue to serve the shareholders very ably."
  • "I am honored to take on the role of board chair and help Spire build on the success that I've had the opportunity to be part of during my almost eight years on the board," said Jones.

Spire completes acquisition of MoGas and Omega pipeline systems

Retrieved on: 
Friday, January 19, 2024

ST. LOUIS, Jan. 19, 2024 /PRNewswire/ -- Spire Inc. (NYSE: SR) today announced it has completed its acquisition of MoGas Pipeline (MoGas), an interstate natural gas pipeline, and Omega Pipeline (Omega), a connected gas distribution system, from CorEnergy Infrastructure Trust, Inc. (OTC: CORR, CORRL).

Key Points: 
  • ST. LOUIS, Jan. 19, 2024 /PRNewswire/ -- Spire Inc. (NYSE: SR) today announced it has completed its acquisition of MoGas Pipeline (MoGas), an interstate natural gas pipeline, and Omega Pipeline (Omega), a connected gas distribution system, from CorEnergy Infrastructure Trust, Inc. (OTC: CORR, CORRL).
  • As a result of the acquisition, MoGas will operate under the new legal name Spire MoGas Pipeline LLC.
  • Spire MoGas Pipeline also interconnects with three other interstate pipelines and is regulated by the Federal Energy Regulatory Commission.
  • Omega Pipeline is an approximately 75-mile natural gas distribution system primarily serving Fort Leonard Wood Army Base in south-central Missouri and is interconnected with the Spire MoGas Pipeline system.

Spire to Host Earnings Conference Call on Feb. 1

Retrieved on: 
Tuesday, January 16, 2024

ST. LOUIS, Jan. 16, 2024 /PRNewswire/ -- Spire Inc. (NYSE: SR) will host a conference call and webcast on Thursday, Feb. 1 to discuss our fiscal 2024 first quarter results.

Key Points: 
  • ST. LOUIS, Jan. 16, 2024 /PRNewswire/ -- Spire Inc. (NYSE: SR) will host a conference call and webcast on Thursday, Feb. 1 to discuss our fiscal 2024 first quarter results.
  • We will issue our earnings news release before the market opens that day, and it will be available on our website 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.

Scott Doyle named Chief Operating Officer of Spire Inc.

Retrieved on: 
Tuesday, January 9, 2024

ST. LOUIS, Jan. 9, 2024 /PRNewswire/ -- Spire Inc. (NYSE: SR) today announced that Scott Doyle has been named executive vice president and chief operating officer, effective January 15, 2024. In this role, Scott will have oversight of the company's gas utilities serving more than 1.7 million customers across Alabama, Missouri and Mississippi.

Key Points: 
  • ST. LOUIS, Jan. 9, 2024 /PRNewswire/ -- Spire Inc. (NYSE: SR) today announced that Scott Doyle has been named executive vice president and chief operating officer, effective January 15, 2024.
  • In this role, Scott will have oversight of the company's gas utilities serving more than 1.7 million customers across Alabama, Missouri and Mississippi.
  • Scott brings more than 25 years of utility industry experience to Spire, most recently serving as executive vice president, utility operations at CenterPoint Energy in Houston, Texas.
  • Scott and I have been associates in this industry for many years, and he will be a great leader as we continue to grow," said Steve Lindsey, Spire president and chief executive officer.

CorEnergy Announces Suspension of NYSE Status

Retrieved on: 
Monday, December 4, 2023

CorEnergy’s common and preferred stock are now trading on the over-the-counter (“OTC”) marketplace under the symbols CORR and CORRL, respectively.

Key Points: 
  • CorEnergy’s common and preferred stock are now trading on the over-the-counter (“OTC”) marketplace under the symbols CORR and CORRL, respectively.
  • As a result, any such repurchase offer, if required, would not be made until after the NYSE appeal is resolved.
  • The change in listing status does not impact the Company’s commitment to providing safe, reliable, and environmentally sustainable service to the customers and communities that CorEnergy serves.
  • CorEnergy has announced the pending sale of its MoGas and Omega pipeline systems (“MoGas System”) to Spire Inc. (NYSE: SR) for approximately $175 million in cash.

Spire to Host Earnings Conference Call on Nov. 16

Retrieved on: 
Thursday, October 26, 2023

ST. LOUIS, Oct. 26, 2023 /PRNewswire/ -- Spire Inc. (NYSE: SR) will host a conference call and webcast on Thursday, Nov. 16 to discuss our fiscal 2023 fourth quarter and full-year results.

Key Points: 
  • ST. LOUIS, Oct. 26, 2023 /PRNewswire/ -- Spire Inc. (NYSE: SR) will host a conference call and webcast on Thursday, Nov. 16 to discuss our fiscal 2023 fourth quarter and full-year results.
  • We will issue our earnings news release before the market opens that day, and it will be available on our website 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.
  • ET) on Nov. 16 until Dec. 15, 2023, by dialing 877-344-7529 (U.S.), 855-669-9658 (Canada) or 412-317-0088 (international).

Spire Announces Steve Lindsey as President and CEO

Retrieved on: 
Thursday, September 21, 2023

ST. LOUIS, Sept. 21, 2023 /PRNewswire/ -- Spire Inc. (NYSE: SR) today announced that, effective October 1, 2023, Steven L. Lindsey has been named its president and chief executive officer and has been appointed to Spire's Board of Directors. Steve, who currently serves as Spire's executive vice president and chief operating officer, will succeed Suzanne Sitherwood who announced earlier this year her intention to retire at the end of December.

Key Points: 
  • Steve, who currently serves as Spire's executive vice president and chief operating officer, will succeed Suzanne Sitherwood who announced earlier this year her intention to retire at the end of December.
  • "After concluding a thoughtful and comprehensive executive search process and considering a number of well-qualified candidates, the Board of Directors is very pleased that Steve Lindsey will take on the role of leading Spire into the future.
  • Steve is an accomplished executive leader, with deep knowledge of the industry and of Spire – and he has a proven history of building high performance teams and delivering results," said Ed Glotzbach, chair of Spire Inc.'s Board of Directors.
  • At Spire, we're focused on delivering affordable, reliable and safe energy to our customers, while delivering value to our shareholders.

CorEnergy Announces Receipt of Continued Listing Standard Notice from NYSE

Retrieved on: 
Wednesday, September 13, 2023

The Company intends to notify the NYSE of its plans to resolve the stock price deficiency and return to compliance with the continued listing standard.

Key Points: 
  • The Company intends to notify the NYSE of its plans to resolve the stock price deficiency and return to compliance with the continued listing standard.
  • The Company intends to closely monitor its stock price during the period and will, if necessary, consider available alternatives to resolve the stock price non-compliance.
  • The Company’s common stock will continue to be listed and traded on the NYSE during the six-month period, subject to the Company’s compliance with other NYSE continued listing standards.
  • The MoGas System is an interstate natural gas transmission and distribution system providing service to markets in Missouri and Illinois.