| Spire is the holding company for Spire Missouri Inc. (Spire Missouri), Spire Alabama Inc. (Spire Alabama), other gas utilities, and gas-related businesses. Co.'s segments are: Gas Utility, which includes Spire Missouri, a natural gas distribution utility system in Missouri, Spire Alabama, a public utility engaged in the purchase, retail distribution and sale of natural gas principally in central and northern Alabama; and Gas Marketing, which includes Co.'s subsidiary, Spire Marketing Inc. that is engaged in the marketing of natural gas and providing energy services to both on-system utility transportation customers and customers outside of the service areas. We show 44 historical shares outstanding datapoints in our SR shares outstanding history coverage, used to compute SR market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SR market cap history over the course of time is important for investors
interested in comparing SR's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of SR versus a peer is one thing; comparing
SR market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like SR can fluctuate over the course of history.
With this page we aim to empower investors researching SR by allowing them to research the SR market cap history.