The Laclede Group, Inc. (Laclede Group) is a public utility holding company for Laclede Gas Company (Laclede Gas or the Missouri Utilities). The Company operates through two segments: Gas Utility and Gas Marketing. The Gas Utility segment includes the regulated operations of Laclede Gas and Alabama Gas Corporation (Alagasco or the Alabama Utility) (collectively, the Utilities). Laclede Gas is a public utility engaged in the purchase, retail distribution and sale of natural gas, serving residential, commercial and industrial customers, through Missouri Gas Energy (MGE), Kansas City and western Missouri. Alagasco is a public utility engaged in the purchase, retail distribution and sale of natural gas in central and northern Alabama. The Gas Marketing segment includes Laclede Energy Resources, Inc. (LER), which is engaged in the marketing of natural gas and related activities on a non-regulated basis.