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Laclede Gas Company was one of the original 12 industrial companies that made up the Dow Jones Industrial Average but was removed in 1899. [5] On December 7, 2009, executives from The Laclede Group visited the New York Stock Exchange (NYSE) to ring the closing bell and commemorate the company’s 120th anniversary of trading on the exchange.
It was founded as the Laclede Gas Light Company, as the invention of gas lit street and home lamps was a primary, and innovative use of natural gas. In the 1800s, gas lighting began to displace candles and lamps that burned whale oil , camphine , burning fluid (a blend of turpentine and alcohol ) and kerosene .
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The 10-second takeawayFor the quarter ended Dec. 31 (Q1), Laclede Group missed on revenues and met expectations on earnings per share. Compared to the Charting Laclede Group's Latest Earnings Release
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