Spire Could Be A Good Diversifier, And Missouri Could See Data Center Development

  • Spire is a regulated natural gas utility with stable operations, primarily serving Missouri, Alabama, and Mississippi, and a small midstream segment. The company has outperformed both the S&P 500 and utility sector YTD, benefiting from its defensive profile and limited foreign investor exposure. Growth drivers include infrastructure investment, modest customer base expansion, and potential upside from data center demand for onsite natural gas generation.