SR
Market read
SR accounts for 17.5% of the group's measured movement across 4.9 effective names. raw member direction is mixed; 4 of 7 session-normalized paths align to the downside. Capital-flow agreement is 6%, so confirmation is not yet clean. No verified headline preceded the measured group move.
SUN, NWN moved materially before SR. SR crossed its material path threshold at 14:55 ET. OGS, MNR followed.
5 of 7 members in Natural Gas Exposure are active. 0 of 6 disclosed connections are confirming.
Invalidation: The live read weakens if participation falls to 2 of 7 members or fewer.
Research brief
SR accounts for 17.5% of the group's measured movement across 4.9 effective names. raw member direction is mixed; 4 of 7 session-normalized paths align to the downside. Capital-flow agreement is 6%, so confirmation is not yet clean. No verified headline preceded the measured group move.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
Company research
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
No credible peer-relative valuation comparison is available yet.
Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
“Depreciation and amortization expenses for the year-to-date ended June 30, 2026 were $41.1 higher than the same period in the prior year primarily driven by the $10.4 increase resulting from Spire Tennessee operations, rate changes at Spire Missouri and Spire…”10-Q · Aug 5, 2026 ↗
“Interest expense increased $6.3, reflecting higher average levels of long-term debt in the current year.”10-Q · Aug 5, 2026 ↗
“Numerous natural gas producers and midstream operators were unable to deliver natural gas to market as they experienced wellhead freeze-offs, power outages and equipment failure due to the extreme weather.”10-Q · Aug 5, 2026 ↗
“The year-to-date change in net income was driven by the $ 61.9 improved performance of Spire Missouri and the $8.7 increase from Spire Alabama, partly offset by the $6.9 loss attributable to Spire Tennessee and the $4.0 (after-tax) impairment relating to the…”10-Q · Aug 5, 2026 ↗
Valuation discipline
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:10 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
Jodie has not returned a relevant primary source or news item for SR. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
Jodie has not yet found a suitable current-versus-prior filing comparison for SR. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
“the Tennessee assets of Piedmont Natural Gas, a wholly-owned subsidiary of Duke Energy, to acquire its Tennessee natural gas business for a total cash purchase price of $2.50 billion.”
“44 Table of Contents Pending Acquisition On July 27, 2025, Spire entered into an agreement with Piedmont Natural Gas, a wholly-owned Subsidiary of Duke Energy, to acquire its Tennessee natural gas business that serves more than 200,000 customers in the Nashvi…”
Depended on by
“Sidus competes with a range of commercial space companies including Spire, BlackSky, Hawkeye 360, Satellogic, Iceye, Loft Orbital, York Space Systems, Apex, and K2Space, as well as larger aerospace and defense contractors.”
Filing peers
No filing peers are available for this name yet.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 3 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
SR is currently a Early Follower in the organic co-movement group Natural Gas Exposure. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
No durable theme membership has been observed for this name yet.