- Spire is one of the largest natural gas utilities in the country, serving customers in three states.
- The company is likely to be able to produce a very solid total return for investors over the next few years as it embarks on its capital investment plan.
- The future of natural gas utilities is likely much stronger than believed, with electrification unlikely to pose a significant threat.
- Spire has a reasonably strong balance sheet and appears able to maintain its dividend at the current level.
- The stock looks a bit overvalued compared to its peers.
For further details see:
Spire: A Solid 4%-Yielding Utility, Albeit A Little Expensive