Spire Inc. Files 8-K: Other Events Notification

TL;DR

Spire Inc. filed an 8-K for 'Other Events' - no major financial news, just a notification.

AI Summary

Spire Inc. filed an 8-K on November 26, 2024, to report other events. The filing does not contain specific financial figures or new material agreements, but rather serves as a notification of events. The company's primary operations involve natural gas distribution.

Why It Matters

This filing indicates that Spire Inc. has had events to report to the SEC, which could include operational updates or other corporate actions that may be relevant to investors.

Risk Assessment

Risk Level: low — The filing is a routine notification of 'Other Events' and does not disclose any new financial risks or significant negative developments.

Key Players & Entities

• SPIRE INC (company) — Filer
• SPIRE MISSOURI INC (company) — Subsidiary Filer
• LACLEDE GROUP INC (company) — Former Company Name
• LACLEDE GAS CO (company) — Former Company Name
• MO (location) — State of Incorporation

FAQ

Key Financial Figures

• $1.00 — hange on which registered Common Stock $1.00 par value SR New York Stock Exchange
• $25.00 — le Perpetual Preferred Stock, par value $25.00 per share SR.PRA New York Stock Exch
• $289.5 million — ved, represents a base rate increase of $289.5 million. Spire is already recovering $53.6 mill
• $53.6 million — .5 million. Spire is already recovering $53.6 million from customers through the Infrastructu
• $235.9 million — in a net base rate increase request of $235.9 million. The proposed rates are calculated on a
• $4,386 million — are calculated on a filed rate base of $4,386 million. The rate base has increased by 32 per

Filing Documents

• spre20241125_8k.htm (8-K) — 40KB
• 0001437749-24-036217.txt ( ) — 193KB
• sr-20241125.xsd (EX-101.SCH) — 4KB
• sr-20241125_def.xml (EX-101.DEF) — 13KB
• sr-20241125_lab.xml (EX-101.LAB) — 18KB
• sr-20241125_pre.xml (EX-101.PRE) — 13KB
• spre20241125_8k_htm.xml (XML) — 6KB

01 Other Events

Item 8.01 Other Events. On November 25, 2024, Spire Missouri Inc. (Spire), a wholly owned subsidiary of Spire Inc. (NYSE: SR), filed a general rate case with the Missouri Public Service Commission (MoPSC) that includes new proposed rates for its service areas. The case proposes an increase in base rates, reflecting recovery of system investments and operating costs necessary to maintain the safety and reliability of its natural gas distribution systems, as well as to support enhancements to customer service. Spire's request, if approved, represents a base rate increase of $289.5 million. Spire is already recovering $53.6 million from customers through the Infrastructure System Replacement Surcharge (ISRS), resulting in a net base rate increase request of $235.9 million. The proposed rates are calculated on a filed rate base of $4,386 million. The rate base has increased by 32 percent since Spire's last general rate filing test year ended September 30, 2022, reflecting the significant investment made in infrastructure upgrades and other systems. Among other things, the filing proposes changes in recovery mechanisms to address the impacts of both weather and conservation, updates the Company's cost of capital, and further aligns the tariffs of the company's service areas. The filing assumes a common equity ratio of 55.0% and a 10.5% return on equity. We anticipate that certain measures, such as rate base, capital structure and operating costs will be updated over the course of the rate proceeding. In accordance with Missouri law, the MoPSC has 11 months to consider this filing.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, each of the registrants has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Spire Inc. Date: November 26, 2024 By: /s/ Adam W. Woodard Adam W. Woodard Vice President and Treasurer Spire Missouri Inc. Date: November 26, 2024 By: /s/ Adam W. Woodard Adam W. Woodard Vice President, Chief Financial Officer and Treasurer

View Full Filing

View this 8-K filing on SEC EDGAR