Spire Resources LLC (a wholly owned subsidiary of Spire Inc.) signed a Membership Interests Purchase Agreement on March 28, 2026 to sell 100% of Spire Marketing Inc. to Boardwalk Pipelines, LP for $215.0 million in cash, subject to customary working capital and other adjustments. Prior to closing, Spire Marketing will convert from a Missouri corporation to a Delaware limited liability company; Spire Inc. entered a Guaranty Agreement backing Seller obligations. Closing is targeted for Q3 of Spire’s fiscal 2026, subject to Hart-Scott-Rodino (HSR) clearance and customary conditions; Outside Date is July 1, 2026 (extendable to October 1, 2026 if HSR is the only remaining condition). If the deal terminates due to failure to obtain HSR clearance (under specified conditions), Purchaser must pay Seller a $12.9 million termination fee. Purchase price includes a working capital true-up vs. a $35.0 million target; post-closing covenants include a four-year non-compete and non-solicitation by Seller. Press release (March 30, 2026) states proceeds will partially fund the acquisition of the Piedmont Natural Gas Tennessee business and for general corporate purposes; Spire is also evaluating the sale of natural gas storage facilities. FY2026 adjusted EPS guidance of $5.25–$5.45 (affirmed Feb. 3, 2026) is not updated; FY2027 adjusted EPS guidance lowered to $5.40–$5.60 (from $5.65–$5.85) reflecting the divestiture. Spire reaffirmed long-term adjusted EPS growth of 5–7%, using the original FY2027 adjusted EPS midpoint of $5.75 as the base; 10-year capex plan remains ~$11.2B (FY26–FY35E).