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Investors Hero
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Investors
Spire embodies a promise to bring people and energy together in ways that enrich lives and create value for our shareholders.
Today Spire is a strong and growing energy company with five gas utilities across three states, serving 1.7 million homes and businesses.
Our growth is driven by a clear strategy and a strong commitment to do what we promise - for the sake of our customers, our employees and our investors. By consistently delivering on our strategy, we have grown to be the fifth-largest publicly traded gas utility in the country, based on the number of homes and businesses served.
Rasche Pull quote
“We are keeping our promises to customers and investors. We are serving more people and communities better than ever, while delivering increased shareholder value through investing in and organically growing our natural gas business.” -Steve Rasche, Executive Vice President and Chief Financial Officer
Why invest
Attractive investment characteristics
- Growing earnings, cash flow and dividends
- Solid balance sheet, ample liquidity and strong investment-grade credit ratings
- Outlook for long-term annual EPS growth of 4%-6%
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Annualized dividends per share - Dec 17
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YIR Full Width
2017 Year in Review
It's a promise
We champion people by delivering energy that inspires. This promise guides us in everything we do. We’d love to tell you about all the ways we delivered on our promise in 2017.
Our growth strategy
Over the last five years, we’ve transformed our company, increased our scale and expanded our geographic footprint. We continue to be driven by our desire and strategy to grow through:
- Growing organically
- Investing in infrastructure
- Acquiring and integrating
- Innovation and technology
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Our Growth Strategy - Half Width
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Above and beyond - Columns
Above and beyond at every turn
To keep our promises and live into our mission, we execute on our financial strategy with precision. With a strong and experienced management team in place we are doing just that by driving earnings growth. This is how we go above and beyond for the people we serve today, and those we aspire to serve tomorrow.
Spire's utility customers chart
Growing organically
It all starts with growing organically - increasing our customers, improving retention and further penetrating the markets we serve across our three-state footprint. We are driving top-line growth and using our increased scale and shared services structure to achieve cost efficiencies and higher margins.
Spire capital expenditures
Investing in infrastructure
And we're growing through investing in infrastructure, both the distribution pipelines that serve our customers and upstream infrastructure including a transmission pipeline to bring a lower cost source of gas supply to eastern Missouri. Our five-year (2017-2021) capital expenditures forecast reflects a total investment of $2.3B driven by upgrades to our distribution system in AL, MS and MO, and the STL Pipeline with an investment of $190M - $210M.
Team high fives
Acquiring and integrating
Over the last several years, we have grown and transformed our company by successfully acquiring and integrating gas utilities. Our proven ability to integrate acquisitions well stems from our focus on bringing people and technology together in ways that add value for our customers and our shareholders. We now have the scale necessary to serve as a platform for our broader growth ambitions including achieving our earnings growth targets through our organic growth initiatives and investment plans.
Using technology
Innovation and technology
Through options like a mobile-friendly website, we are making it easier for them to reach us when and how they want to and to manage their account on the go. We are also implementing technology upgrades to improve real-time connectivity for our field teams, leading to improved efficiency and an improved ability to serve our customers. At the same time, we have launched an effort to standardize our information technology platform company-wide, which will continue to drive improvements in performance and service quality.
