secwatch.observer — SEC 8-K summary
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Issuer:     SPIRE INC (SR)
CIK:        0001126956
Form:       8-K
Filed at:   2026-03-30T23:59:59+00:00
Accession:  0001193125-26-130379
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spire sells gas marketing business to Boardwalk Pipelines for $215M
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- Spire Marketing sold for $215M cash to Boardwalk Pipelines; close expected in fiscal Q3 2026.
- Proceeds to partially fund Piedmont Natural Gas Tennessee acquisition; storage sale update by May.
- FY2027 adj. EPS guidance lowered to $5.40-$5.60 from $5.65-$5.85 due to the sale.
- FY2026 adj. EPS guidance affirmed at $5.25-$5.45; excludes Piedmont TN deal and reflects Spire Marketing.
- Long-term adj. EPS growth reaffirmed at 5-7% using original FY2027 midpoint of $5.75 as base.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1126956/000119312526130379/0001193125-26-130379-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1126956/000119312526130379/sr-20260328.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-130379

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer