OakChart

Spire Inc

SRUtilities·Utilities - Regulated Gas·USA·Mid·NYSE·Nov 11 • 3:59 PM ET

88.27-1.17 (-1.31%)
2026-11-11 23:29 CET
Market cap
5,287.41 USD m
Revenue, TTM
2,536.50 USD m
Net income, TTM
531.00 USD m
Free cash flow, TTM
-222.40 USD m
EPS diluted, TTM
8.97
P/E
9.84
Compare

Price

SR against its 20, 50 and 200-day averages
2050200beatearnings
75.0080.0085.0090.00988K2.0MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26SRclose 88.2720-day 86.2050-day 82.06200-day 84.8088.2752w low

7.4% under the 52-week high of 95.31 on 9 Apr 2026. 52-week low 74.84 on 1 Oct 2026. Last 15 sessions, 11.3% high to low

Volume 1.50× normal · the line is the 50-bar volume average

Profile

SR
52-week range, 66% of the way up
74.8495.31

Spire Inc. operates as a public utility holding company, which provides natural gas services through its regulated core utility operations while engaging in non-regulated activities. It operates through the following business segments: Gas Utility, Gas Marketing, and Midstream. The Gas Utility segment includes the regulated operations of Spire Missouri, Spire Alabama, Spire Gulf, and Spire Mississippi. The Gas Marketing segment represents the subsidiary, Spire Marketing, which provides non-regulated natural gas marketing services throughout the United States. The Midstream segment consists of Spire STL Pipeline, Spire MoGas Pipeline, Spire Storage West, and Spire Storage Salt Plains, which are subsidiaries engaged in the transportation and storage of natural gas. The company was founded in 1857 and is headquartered in St. Louis, MO.

IndexRUT
Employees3497
IPONov 05, 1987
Beta0.51
ATR, 14d1.80
Rel volume1.50
Short float4.86%
Insider own2.35%
Inst own91.22%

Snapshot

6 groups

Valuation

IndexRUT
Market Cap5.22B
Enterprise Value12.46B
Income531.00M
Sales2.54B
Book/sh60.62
Cash/sh0.35
Dividend Est.3.30 (3.73%)
Dividend TTM3.30 (3.74%)
Dividend Ex-DateSep 11, 2026
Dividend Gr. 3/5Y4.65% 4.75%
Payout71.83%
Employees3497
IPONov 05, 1987

Ratios

P/E9.84
Forward P/E16.10
PEG1.39
P/S2.06
P/B1.46
P/C252.09
P/FCF-
EV/EBITDA14.88
EV/Sales4.91
Quick Ratio0.27
Current Ratio0.37
Debt/Eq2.03
LT Debt/Eq1.61
Option/ShortYes / Yes

Earnings

EPS (ttm)8.97
EPS next Y5.48
EPS next Q-1.03
EPS this Y-9.68%
EPS next Y36.68%
EPS next 5Y11.57%
EPS past 3/5Y3.45% 24.93%
Sales past 3/5Y4.05% 5.94%
EPS Y/Y TTM93.82%
Sales Y/Y TTM4.12%
EPS Q/Q1126.29%
Sales Q/Q-0.40%
EarningsNov 17 BMO
EPS/Sales Surpr.17.93% 6.48%

Ownership

Insider Own2.35%
Insider Trans-0.06%
Inst Own91.22%
Inst Trans1.20%
ROA1.80%
ROE6.50%
ROIC5.87%
Gross Margin28.69%
Oper. Margin19.71%
Profit Margin20.93%
SMA202.40%
SMA507.57%
SMA2004.09%
Trades-

Technical

Shs Outstand59.11M
Shs Float57.73M
Short Float4.86%
Short Ratio5.53
Short Interest2.80M
52W High95.31 -7.39%
52W Low74.84 17.94%
Volatility2.68% 1.98%
ATR (14)1.80
RSI (14)62.87
Beta0.51
Rel Volume1.50
Avg Volume507.03K
Volume762,367

Performance

Perf Week-2.26%
Perf Month10.27%
Perf Quarter6.44%
Perf Half Y3.17%
Perf YTD6.74%
Perf Year-2.74%
Perf 3Y55.08%
Perf 5Y40.27%
Perf 10Y41.69%
Recom1.83
Target Price91.18
Prev Close89.44
Price88.27
Change %-1.31%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Sep 29, 2026InitiatedBScotiabankSector Perform$79-10.5%
Sep 14, 2026InitiatedHHuntingtonOutperform$93+5.4%
Jul 07, 2026ResumedMMizuhoOutperform$88-0.3%
Jun 26, 2026DowngradeJJP MorganOverweight → Neutral$85-3.7%
May 26, 2026InitiatedWWolfe ResearchPeer Perform
May 12, 2026InitiatedWWells FargoOverweight$96+8.8%
Apr 17, 2026InitiatedTTD CowenHold$101+14.4%
Dec 16, 2025UpgradeMMorgan StanleyEqual-Weight → Overweight$92+4.2%
Oct 29, 2025UpgradeBBofA SecuritiesUnderperform → Neutral$89+0.8%
Oct 22, 2025InitiatedBBTIG ResearchBuy$99+12.2%

Peers

Mkt cap
TickerCompanyMkt cap
OGSONE Gas Inc5.18B
ATOAtmos Energy Corp29.68B
NJRNew Jersey Resources Corp5.56B
SWXSouthwest Gas Holdings Inc6.72B
BKHBlack Hills Corp6.65B
NWNNorthwest Natural Holding Co2.18B
CPKChesapeake Utilities Corp3.44B
NINiSource Inc21.85B
MDUMDU Resources Group Inc4.15B
UGIUGI Corp8.05B

Insider trading

4 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
KOONCE PAUL DDirectorJun 11 '26Buy78.4650039,2308,000Jun 12 10:46 AM
Hyman Ryan LSVP, CCIOJun 09 '26Sale80.513,822307,70914,295Jun 10 11:20 AM
KOONCE PAUL DDirectorJun 01 '26Buy80.5050040,2507,500Jun 04 05:09 PM
KOONCE PAUL DDirectorMay 08 '26Buy85.812,000171,6207,000May 11 01:28 PM

Held by

AUM
TickerCompanyAUM
IJHiShares Core S&P Mid-Cap ETFAUM: 124.48B
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
IWMiShares Russell 2000 Index FundAUM: 77.38B
VBVanguard Morningstar Small-Cap ETFAUM: 79.59B
VBRVanguard Morningstar Small-Cap Value ETFAUM: 37.76B
VXFVanguard Extended Market Index ETFAUM: 30.47B
IWNiShares Russell 2000 Value ETFAUM: 14.10B
SDYState Street SPDR S&P Dividend ETFAUM: 22.68B
MDYState Street SPDR S&P MIDCAP 400 ETF TrustAUM: 26.22B
DFASU.S. Small Cap Portfolio-ETF Class SharesAUM: 15.51B

News

latest 14 of 200

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q42026-11-17--1.032--274.669
2026Q32026-08-05-0.260-0.3173.570420.2394.629
2026Q22026-05-063.7603.7194.6001,0201,0687
2026Q12026-02-031.7701.6361.541762.2730.827
2025Q42025-11-14-0.470-0.395-0.736334.1433.348
2025Q32025-08-050.010-0.0850.291421.9418.148
2025Q22025-04-303.6003.6743.5091,0511,2299
2025Q12025-02-051.3401.4161.339669.1762.849
2024Q42024-11-20-0.540-0.533-0.513293.8349.619
2024Q32024-07-31-0.140-0.185-0.283414.1313.867
2024Q22024-05-013.4503.7783.5831,1291,2078
2024Q12024-02-011.4701.3811.517756.6688.887
2023Q42023-11-16-0.780-0.638-0.661310.4337.487
2023Q32023-08-02-0.420-0.032-0.480418.5428.868
2023Q22023-05-033.7003.5193.3291,123887.919
2023Q12023-02-011.5501.1651.658814561.448

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY3.7303.7473.5221,9521,984
2020FY3.7603.7381.4371,8551,908
2021FY4.8604.4744.9612,2362,125
2022FY3.8603.8803.9482,1992,181
2023FY4.0504.1793.8482,6662,586
2024FY4.1304.2024.1882,5932,705
2025FY4.4404.5184.3702,4762,548
2026FY-4.010--2,533
2027FY-5.481--2,868
2028FY-6.166--3,013
2029FY-6.563--3,271
2030FY-7.022--3,420

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-02502274.66179.44335
2026Q4S2026-10-19401270.81179.44335
2026Q4S2026-09-18421270.81179.44335
2026Q4S2026-09-17421270.81179.44335
2026Q4S2026-09-14421270.39179.44335
2026Q4S2026-09-11420280.48219.81335
2026Q4S2026-08-27320273.08219.81335
2026Q4S2026-08-26420282.18219.81335
2026Q4S2026-08-15421282.18219.81335
2026Q4S2026-08-14421282.18219.81335
2026Q4S2026-08-05521278.76219.81335
2026Q4S2026-08-02503251.01162.68309.49
2026Q4S2026-07-22504251.01162.68309.49
2026Q4S2026-07-21503288.64219.81350.83

Estimate history

EPS, annual3.434.3353.5221.4374.9613.9483.8484.1884.3718.9731
Period201720182019202020212022202320242025TTM
EPS, quarterly-0.283-0.5131.3393.5090.291-0.7361.5414.63.569
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual1744.81954.81952.41855.42235.52198.52666.325932476.42536.5
Period201720182019202020212022202320242025TTM
Sales, quarterly414.1293.8669.11051.3421.9334.1762.21020420.2
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual48.26350.75151.61251.68552.49553.1757.7559.02659.108
Period201720182019202020212022202320242025MRQ
Shares, quarterly57.74557.7558.34159.01559.0259.02659.09559.1159.108
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue2,536.502,476.402,593.002,666.302,198.502,235.501,855.401,952.401,954.80
Cost of Goods Sold Incl. D&A1,808.801,745.801,889.102,033.201,610.801,625.201,352.001,498.401,510.40
Gross Profit727.70730.60703.90633.10587.70610.30503.40454.00444.40
Other Operating Expense227.80206.70215.60214.50179.50160.10148.40151.70152.50
Operating Income499.90523.90488.30418.60408.20450.20355.00302.30291.90
Interest Expense267.40209.20212.20183.30118.60105.30102.30105.7099.80
Unusual Expense5.400.000.000.000.000.00148.60--2.10
Net Income Before Taxes274.90331.40309.60256.30279.70340.20101.00219.10187.70
Income Taxes44.7059.7058.7038.8058.9068.5012.4034.50-26.50
Consolidated Net Income229.50271.40250.60217.20220.50271.3088.50184.20213.70
Net Income From Continuing Operations229.50271.40250.60217.20220.50271.3088.50184.20213.70
Net Income531.00256.60235.80202.40205.70256.5073.70178.90213.70
EPS (Recurring)9.054.374.193.853.954.963.463.524.30
EPS (Basic, Before Extraordinaries)9.004.394.203.863.964.971.443.534.35
EPS (Diluted)8.974.374.193.853.954.961.443.524.33
EBITDA837.50822.10766.70673.40645.50663.30552.30484.00460.30
Non-Operating Income (Expense)47.8016.7033.5021.00-9.90-4.70-3.1022.50-6.50
Other After Tax Adjustments-0.70-0.30-0.30-0.30-0.30-0.40-0.10-0.40-0.50
Stock Option Compensation Expense5.385.203.794.193.246.644.384.538.50
Price To Earnings Ratio9.979.9716.1913.1615.7012.3236.7024.7615.79
Price To Sales Ratio1.821.931.461.121.481.411.472.271.85
Gross Margin28.6929.5027.1523.7426.7327.3027.1323.2522.73
Operating Margin19.7121.1618.8315.7018.5720.1419.1315.4814.93
Net Margin20.9310.369.097.599.3611.473.979.1610.93
Shares Outstanding59.1159.0357.7553.1752.4951.6851.6151.0050.70
Market Capitalization5,287.415,287.413,886.032,976.283,271.883,162.032,738.864,432.583,726.70

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue420.201,020.00762.20334.10421.901,051.30669.10293.80
Cost of Goods Sold Incl. D&A344.70633.40534.00296.70309.50668.00471.60237.90
Gross Profit75.50386.60228.2037.40112.40383.30197.5055.90
Other Operating Expense52.1083.1054.7037.9043.2076.9048.7036.10
Operating Income23.40303.50173.50-0.5069.20306.40148.8019.80
Interest Expense85.6062.6060.4058.8049.9047.4048.0049.50
Unusual Expense1.503.900.000.000.000.000.000.00
Net Income Before Taxes-57.90270.30118.40-55.9023.90262.00101.40-34.50
Income Taxes-15.3052.7023.40-16.103.0052.7020.10-8.60
Consolidated Net Income-42.90217.2094.90-39.7020.90209.0081.20-25.90
Net Income From Continuing Operations-42.90217.2094.90-39.7020.90209.0081.20-25.90
Net Income210.90272.3091.20-43.4017.20205.3077.50-29.60
EPS (Recurring)3.594.651.54-0.740.293.511.34-0.51
EPS (Basic, Before Extraordinaries)3.574.621.55-0.740.293.521.34-0.51
EPS (Diluted)3.574.601.54-0.740.293.511.34-0.51
EBITDA118.60388.00254.9076.00144.90380.10221.1090.90
Non-Operating Income (Expense)5.8033.305.303.404.603.000.60-4.80
Other After Tax Adjustments-0.30-0.40-0.100.100.00-0.30-0.100.00
Stock Option Compensation Expense0.401.741.741.501.401.801.000.79
Price To Earnings Ratio9.9719.6618.7817.6218.0118.9615.7616.19
Price To Sales Ratio1.822.111.911.941.771.891.571.50
Gross Margin17.9737.9029.9411.1926.6436.4629.5219.03
Operating Margin5.5729.7522.76-0.1516.4029.1422.246.74
Net Margin50.1926.7011.97-12.994.0819.5311.58-10.07
Shares Outstanding59.1159.1159.1059.0359.0259.0158.3457.75
Market Capitalization5,287.415,350.614,882.454,811.734,307.644,565.563,920.613,886.03

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments5.704.505.606.504.304.105.804.4013.30
Short Term Receivables329.40289.40310.50644.00605.50263.30293.90303.70276.70
Inventories282.50263.90279.50422.30305.00191.50196.60210.30225.80
Other Current Assets190.10213.50481.30519.20401.70131.70118.20141.20209.70
Total Current Assets807.70771.301,076.901,592.001,316.50590.60614.50659.60725.50
Net Property, Plant & Equipment7,822.907,261.706,478.005,935.505,587.205,177.504,829.804,145.003,717.20
Total Investments and Advances130.10147.60108.1090.9083.1071.7072.3068.7064.20
Intangible Assets1,171.601,171.601,171.601,171.601,171.601,171.601,171.601,171.601,171.60
Other Assets1,643.001,508.501,479.001,293.701,198.001,229.80931.00798.70868.20
Total Assets11,575.3010,860.7010,313.6010,083.709,356.408,241.207,619.206,843.606,546.70
Short Term Debt Incl. Current Port. of LT Debt1,810.60995.601,118.901,325.20734.30714.90783.20729.10577.30
Accounts Payable248.30237.20253.10617.40409.90243.30301.50290.10257.10
Income Tax Payable109.10105.20104.1090.1078.8071.4068.5065.4061.00
Other Current Liabilities380.60365.90279.30320.90385.30419.60315.60237.10202.50
Total Current Liabilities2,548.601,703.901,755.402,353.601,608.301,449.201,468.801,321.701,097.90
Long Term Debt3,428.503,767.103,624.203,032.202,992.802,482.102,082.601,900.101,995.00
Provision for Risks Charges657.90726.60714.70683.90755.50849.10602.40501.30534.00
Deferred Tax Liabilities887.40808.40743.70675.10612.30511.40451.40435.80707.50
Other Liabilities657.40613.40541.80507.30719.50423.70467.60421.40221.00
Total Liabilities8,179.807,619.407,379.807,252.106,688.405,715.505,072.804,580.304,555.40
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value242.00242.00242.00242.00242.00242.00242.000.000.00
Common Equity3,147.402,990.702,675.302,576.502,416.202,280.302,301.002,255.401,991.30
Total Shareholders Equity3,389.403,232.702,917.302,818.502,658.202,522.302,543.002,255.401,991.30
Accumulated Minority Interest6.108.6016.5013.109.803.403.407.900.00
Total Equity3,395.503,241.302,933.802,831.602,668.002,525.702,546.402,263.301,991.30
Total Liabilities & Stockholders Equity11,575.3010,860.7010,313.6010,083.709,356.408,241.207,619.206,843.606,546.70
Book Value Per Share53.3251.7950.3249.0846.7544.1845.1244.4941.26
Tangible Book Value Per Share33.4731.5028.2826.7624.0821.4822.1521.3816.98
Full-Time Employees3,4973,4753,5893,5843,7103,5833,5363,3663,279
Price to Book Ratio1.481.261.111.271.311.201.931.621.78
Return on Assets2.422.372.132.273.081.122.553.122.55
Return on Equity8.208.157.578.0510.473.497.689.488.58
Return on Invested Capital3.983.583.323.774.801.773.985.144.04
Quick Ratio0.210.300.450.500.630.280.280.340.46
Current Ratio0.320.450.610.680.820.410.420.500.66

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income548.60271.70250.90217.50220.80271.7088.60184.60214.20
Depreciation340.70298.20278.40254.80237.30213.10197.30181.70168.40
Other Funds (Non Cash)-329.400.000.000.000.000.00148.600.000.00
Funds from Operations699.70627.20586.30509.20516.00551.80443.50398.10353.90
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-91.00-49.20326.10-69.00-461.00-302.0026.4052.80102.70
Income Taxes Payable6.206.001.1015.0011.208.902.903.506.40
Cash from Operating Activities608.70578.00912.40440.2055.00249.80469.90450.90456.60
Capital Expenditures-831.10-922.40-861.30-662.50-552.20-624.80-638.40-823.30-499.40
Net Assets From Acquisitions-2,500.800.00-175.90-37.000.000.000.00-7.90-28.10
Sale of Fixed Assets and Businesses849.900.000.000.000.000.000.000.000.00
Purchase or Sale of Investments0.000.000.000.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.000.00
Other Uses-9.600.000.000.000.000.000.00-7.10-4.20
Other Sources3.006.0010.004.005.502.806.800.000.00
Cash from Investing Activities-2,488.60-916.40-1,027.20-695.50-546.70-622.00-631.60-838.30-531.70
Cash Dividends Paid-202.30-197.00-181.90-165.50-156.70-148.00-142.80-122.40-108.70
Change in Capital Stock-249.8076.20287.0041.9051.901.0041.10261.50154.70
Repurchase of Common Pref Stock-250.000.000.000.000.000.000.000.000.00
Sale of Common Pref Stock0.2076.20287.0041.9051.901.0041.10261.50154.70
Proceedsfrom Stock Options0.2076.20287.0041.9051.901.0041.10261.50154.70
Issuance or Reduction of Debt, Net2,349.60478.0029.90391.80609.70537.70267.80235.5046.30
Change in Long Term Debt2,095.60108.0038.40473.80244.20513.70363.0045.90-30.00
Issuance of Long Term Debt3,288.10150.00495.00755.00300.00629.10510.00230.0075.00
Reduction of Long Term Debt-1,192.50-42.00-456.60-281.20-55.80-115.40-147.00-184.10-105.00
Net Financing Active Other Cash Flow-6.70-12.50-11.10-7.60-4.00-11.30-6.10-2.80-3.20
Other Financing Activities Uses-6.70-12.50-11.10-7.60-4.00-11.30-6.10-2.80-3.20
Cash from Financing Activities1,890.80344.70123.90260.60500.90379.40160.00371.8089.10
Net Change in Cash10.906.309.105.309.207.20-1.70-15.6014.00
Free Cash Flow-222.40-344.4051.10-222.30-497.20-375.00-168.50-372.40-42.80
Preferred Dividends (Cash Flow)--14.80-14.80-14.80-14.80-14.80-14.80-3.400.00
Deferred Taxes & Investment Tax Credit-57.3057.0036.9057.9067.009.0031.80-28.70

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments20.7049.504.105.7013.1015.20
Short Term Receivables275.00466.80614.80329.40376.30567.30
Inventories209.70182.10259.50282.50224.90179.10
Other Current Assets284.50890.00160.10190.10165.80146.20
Total Current Assets789.901,588.401,038.50807.70780.10907.80
Net Property, Plant & Equipment9,478.109,317.207,865.307,822.907,675.607,511.20
Total Investments and Advances131.80127.30125.40130.10125.40117.90
Intangible Assets1,895.201,891.401,171.601,171.601,171.601,171.60
Other Assets1,796.401,745.901,681.101,643.001,643.601,638.20
Total Assets14,091.4014,670.2011,881.9011,575.3011,396.3011,346.70
Short Term Debt Incl. Current Port. of LT Debt1,501.602,193.10900.101,810.601,402.001,407.50
Accounts Payable194.40185.20309.50248.30240.20283.50
Income Tax Payable100.9084.4063.50109.1091.9081.00
Other Current Liabilities335.60447.40440.20380.60352.40340.50
Total Current Liabilities2,132.502,910.101,713.302,548.602,086.502,112.50
Long Term Debt5,758.005,762.004,449.403,428.503,498.403,348.50
Provision for Risks Charges640.00639.10637.20657.90703.60703.10
Deferred Tax Liabilities1,054.60984.90914.10887.40900.40890.70
Other Liabilities918.90949.10729.30657.40722.00773.90
Total Liabilities10,504.0011,245.208,443.308,179.807,910.907,828.70
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.00242.00242.00242.00242.00
Common Equity3,583.003,417.803,190.703,147.403,238.203,266.70
Total Shareholders Equity3,583.003,417.803,432.703,389.403,480.203,508.70
Accumulated Minority Interest4.407.205.906.105.209.30
Total Equity3,587.403,425.003,438.603,395.503,485.403,518.00
Total Liabilities & Stockholders Equity14,091.4014,670.2011,881.9011,575.3011,396.3011,346.70
Book Value Per Share60.6257.8253.9953.3254.8755.35
Tangible Book Value Per Share28.5525.8234.1733.4735.0235.50
Full-Time Employees---3,497--
Price to Book Ratio1.481.681.551.491.321.49
Return on Assets1.802.252.462.422.582.28
Return on Equity6.508.478.468.208.377.30
Return on Invested Capital2.263.071.20-0.580.303.05
Quick Ratio0.270.480.450.210.270.34
Current Ratio0.370.550.610.320.370.43

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income211.20282.2095.00-39.8020.90209.30
Depreciation95.1087.7081.4076.5075.7073.70
Other Funds (Non Cash)-329.400.000.000.000.000.00
Funds from Operations36.30444.60198.3020.5098.30335.40
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital85.90-34.20-117.30-25.4030.8037.30
Income Taxes Payable15.4018.10-45.3018.0011.7020.10
Cash from Operating Activities122.20410.4081.00-4.90129.10372.70
Capital Expenditures-213.40-192.20-202.80-222.70-220.50-218.60
Net Assets From Acquisitions0.00-2,500.800.000.000.000.00
Sale of Fixed Assets and Businesses819.9030.000.000.000.000.00
Purchase or Sale of Investments0.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses-9.10-0.500.000.000.000.00
Other Sources0.00-1.501.503.001.101.40
Cash from Investing Activities597.40-2,665.00-201.30-219.70-219.40-217.20
Cash Dividends Paid-48.70-52.60-50.90-50.10-49.50-49.10
Preferred Dividends (Cash Flow)0.00-3.70-3.70-3.70-3.70-3.70
Change in Capital Stock-0.70-249.600.300.200.4042.80
Repurchase of Common Pref Stock0.00-250.000.000.000.000.00
Sale of Common Pref Stock-0.700.400.300.200.4042.80
Proceedsfrom Stock Options-0.700.400.300.200.4042.80
Issuance or Reduction of Debt, Net-700.502,602.80174.80272.50144.50-143.00
Change in Long Term Debt-809.001,859.801,079.80-35.00150.000.00
Issuance of Long Term Debt-9.002,209.801,087.300.00150.000.00
Reduction of Long Term Debt-800.00-350.00-7.50-35.000.000.00
Net Financing Active Other Cash Flow3.70-0.30-5.20-4.90-3.00-2.10
Other Financing Activities Uses3.70-0.30-5.20-4.90-3.00-2.10
Cash from Financing Activities-746.202,300.30119.00217.7092.40-151.40
Net Change in Cash-26.6045.70-1.30-6.902.104.10
Free Cash Flow-91.20218.20-121.80-227.60-91.40154.10

Revenue breakdown

Total Natural Gas Distribution revenue2024: 2.59B 2025: 2.48B
United States2024: 2.59B 2025: 2.48B
Consolidation, Policy2024: 700.00K 2025: 2.50M
Gas Marketing2024: 99.20M 2025: 157.20M
Gas Utility2024: 2.44B 2025: 2.21B
Midstream2024: 56.90M 2025: 109.20M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-304.86%2.8M57.7M506.13K
2026-10-154.71%2.7M57.7M482.38K
2026-09-305.20%3.0M57.7M502.91K
2026-09-155.04%2.9M57.7M547.53K
2026-08-314.65%2.7M57.7M559.68K
2026-08-144.55%2.6M57.7M550.65K
2026-07-314.39%2.5M57.7M552.30K
2026-07-154.62%2.7M57.7M540.88K
2026-06-303.83%2.2M57.7M504.59K
2026-06-153.67%2.1M57.7M427.13K
2026-05-293.58%2.1M57.7M382.85K
2026-05-153.42%2.0M57.7M374.65K
2026-04-303.06%1.8M57.7M366.44K
2026-04-152.86%1.6M57.7M376.08K
2026-03-313.18%1.8M57.7M383.80K
2026-03-133.11%1.8M57.7M392.11K
2026-02-272.78%1.6M57.7M400.75K
2026-02-133.25%1.9M57.7M418.57K
2026-01-303.23%1.9M57.7M423.55K
2026-01-153.75%2.2M57.6M427.26K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call55.0031.0035.500.002.8860.000.000.890-0.4410.026
call60.0026.0030.500.002.4790.000.000.873-0.4210.028
call65.0021.0025.500.002.0990.000.000.852-0.3980.032
call70.0016.0020.500.001.7380.000.000.826-0.3700.035
call75.0011.0015.600.001.3900.000.000.790-0.3350.039
call80.006.0010.900.001.1360.000.000.737-0.2900.045
call85.001.506.002.000.7823.000.000.643-0.2250.051
call90.000.004.901.651.0412240.000.472-0.2840.055
call95.000.005.000.150.4096270.000.159-0.0870.033
call1000.004.900.000.6050.000.000.094-0.0780.023
call1050.004.900.000.7670.000.000.077-0.0850.020
put55.000.004.900.003.0590.000.00-0.109-0.4440.026
put60.000.004.900.002.6020.000.00-0.128-0.4170.029
put65.000.004.900.002.2090.000.00-0.149-0.3930.032
put70.000.004.900.001.8390.000.00-0.175-0.3640.035
put75.000.004.900.001.4790.000.00-0.212-0.3290.040
put80.000.004.900.731.1152.000.00-0.268-0.2810.045
put85.000.005.002.000.7756.000.00-0.356-0.2240.051
put90.000.105.000.000.7330.000.00-0.527-0.2830.055
put95.004.509.000.000.9620.000.00-0.833-0.0900.034
put1009.5014.000.001.2020.000.00-0.904-0.0760.023
put10514.5019.000.001.4510.000.00-0.921-0.0830.020

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-028-KCurrent report2026-11-02SEC
2026-10-138-KCurrent report2026-10-13SEC
2026-10-088-KCurrent report2026-10-08SEC
2026-09-018-KCurrent report2026-08-31SEC
2026-08-124Statement of changes in beneficial ownership of securities2026-08-10SEC
2026-08-0510-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-058-KCurrent report2026-08-05SEC
2026-07-088-KCurrent report2026-07-08SEC
2026-06-308-KCurrent report2026-06-30SEC
2026-06-2511-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-06-164Statement of changes in beneficial ownership of securities2026-06-15SEC
2026-06-124Statement of changes in beneficial ownership of securities2026-06-11SEC
2026-06-104Statement of changes in beneficial ownership of securities2026-06-09SEC
2026-06-044Statement of changes in beneficial ownership of securities2026-06-01SEC
2026-05-114Statement of changes in beneficial ownership of securities2026-05-08SEC
2026-05-0610-QQuarterly report pursuant to Section 13 or 15(d)2026-03-31SEC
2026-05-068-KCurrent report2026-05-06SEC
2026-05-018-KCurrent report2026-04-29SEC
2026-04-30SCHEDULE 13GSEC
2026-04-308-KCurrent report2026-04-30SEC
2026-04-30S-3ASRAutomatic shelf registration statement of securities of well-known seasoned issuersSEC
2026-04-29SCHEDULE 13GSEC
2026-04-228-KCurrent report2026-04-21SEC
2026-04-158-KCurrent report2026-04-14SEC
2026-04-068-K/A2026-03-31SEC
2026-03-318-KCurrent report2026-03-26SEC
2026-03-308-KCurrent report2026-03-28SEC
2026-03-27SCHEDULE 13G/ASEC
2026-03-168-KCurrent report2026-03-16SEC
2026-02-188-KCurrent report2026-02-13SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-0679.48K2307.71K1
2026-05171.62K100
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.14.46%
VANGUARD PORTFOLIO MANAGEMENT LLC6.04%
STATE STREET CORP5.32%
VANGUARD CAPITAL MANAGEMENT LLC4.33%
AMERICAN CENTURY COMPANIES INC3.75%
FULLER & THALER ASSET MANAGEMENT, INC.2.84%
GEODE CAPITAL MANAGEMENT, LLC2.71%
CAPTRUST FINANCIAL ADVISORS1.83%
ADAGE CAPITAL PARTNERS GP, L.L.C.1.82%
DIMENSIONAL FUND ADVISORS LP1.79%

Funds

Fund% owned
iShares Ultra Short Duration Bond Active ETF31.47%
First Trust Preferred Securities and Income ETF31.40%
Guggenheim Total Return Bond Fund31.25%
Lord Abbett Short Duration High Yield Fund26.81%
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND24.73%
MFS Corporate Bond Fund21.43%
Brookfield Infrastructure Income Fund Inc.21.14%
First Trust Institutional Preferred Securities and Income ETF20.70%
Cohen & Steers Short Duration Preferred & Income Fund,Inc.19.81%
PIMCO Short Asset Portfolio18.95%

OakChart. SR. Cached 15 minutes.