Spindletop Oil And Gas Co - Understand $spnd stock

$SPND Market Cap: $26.08 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$5.021M

TTM

Gross Margin

42.22%

TTM

Net Earnings

-$80.00K

TTM

Current Assets

$9.506M

Q2 2024

Current Liabilities

$6.545M

Q2 2024

Current Ratio

145.24%

Q2 2024

Total Assets

$27.99M

Q2 2024

Total Liabilities

$10.86M

Q2 2024

Book Value

$17.13M

Q2 2024

Cash

$7.359M

Q2 2024

P/E

-326.0

Nov 12, 2024 EST

Free Cash Flow

$642.0K

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$5.105M	$8.354M	$6.217M	$3.776M	$5.587M	$6.734M	$5.604M	$4.515M	$5.944M	$13.21M	$13.55M	$12.11M	$9.340M	$7.660M	$6.910M	$14.06M	$8.710M	$6.170M	$6.400M
YoY Change	-38.89%	34.37%	64.65%	-32.41%	-17.03%	20.16%	24.12%	-24.04%	-55.0%	-2.52%	11.89%	29.66%	21.93%	10.85%	-50.85%	61.42%	41.17%	-3.59%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$5.105M	$8.354M	$6.217M	$3.776M	$5.587M	$6.734M	$5.604M	$4.515M	$5.944M	$13.21M	$13.55M	$12.11M	$9.340M	$7.660M	$6.910M	$14.06M	$8.710M	$6.170M	$6.400M
Cost Of Revenue	$2.385M	$3.182M	$2.287M	$2.182M	$2.793M	$2.736M	$2.280M	$2.142M	$3.212M	$3.505M	$3.780M	$3.730M	$3.500M	$2.890M	$2.730M	$3.880M	$2.870M	$2.490M	$2.260M
Gross Profit	$2.720M	$5.172M	$3.930M	$1.594M	$2.794M	$3.998M	$3.324M	$2.373M	$2.732M	$9.703M	$9.770M	$8.370M	$5.840M	$4.760M	$4.180M	$10.18M	$5.830M	$3.690M	$4.140M
Gross Profit Margin	53.28%	61.91%	63.21%	42.21%	50.01%	59.37%	59.31%	52.56%	45.96%	73.46%	72.1%	69.12%	62.53%	62.14%	60.49%	72.4%	66.93%	59.81%	64.69%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Selling, General & Admin	$2.970M	$3.126M	$2.685M	$2.640M	$2.967M	$2.943M	$2.560M	$2.512M	$3.198M	$4.019M	$3.650M	$3.720M	$3.280M	$3.470M	$3.330M	$3.200M	$2.220M	$1.530M	$1.130M
YoY Change	-4.99%	16.42%	1.7%	-11.02%	0.82%	14.96%	1.91%	-21.45%	-20.43%	10.11%	-1.88%	13.41%	-5.48%	4.2%	4.06%	44.14%	45.1%	35.4%
% of Gross Profit	109.19%	60.44%	68.32%	165.62%	106.19%	73.61%	77.02%	105.86%	117.06%	41.42%	37.36%	44.44%	56.16%	72.9%	79.67%	31.43%	38.08%	41.46%	27.29%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$229.0K	$74.00K	$121.0K	$452.0K	$456.0K	$499.0K	$522.0K	$1.104M	$2.426M	$1.846M	$1.910M	$1.650M	$1.150M	$1.040M	$1.000M	$1.220M	$730.0K	$530.0K	$800.0K
YoY Change	209.46%	-38.84%	-73.23%	-0.88%	-8.62%	-4.41%	-52.72%	-54.49%	31.42%	-3.35%	15.76%	43.48%	10.58%	4.0%	-18.03%	67.12%	37.74%	-33.75%
% of Gross Profit	8.42%	1.43%	3.08%	28.36%	16.32%	12.48%	15.7%	46.52%	88.8%	19.03%	19.55%	19.71%	19.69%	21.85%	23.92%	11.98%	12.52%	14.36%	19.32%
Operating Expenses	$6.093M	$8.396M	$3.378M	$3.231M	$3.543M	$3.631M	$3.094M	$3.652M	$5.659M	$5.907M	$5.680M	$5.410M	$4.460M	$4.560M	$4.420M	$4.450M	$2.980M	$2.090M	$1.920M
YoY Change	-27.43%	148.55%	4.55%	-8.81%	-2.42%	17.36%	-15.28%	-35.47%	-4.2%	4.0%	4.99%	21.3%	-2.19%	3.17%	-0.67%	49.33%	42.58%	8.85%
Operating Profit	-$988.0K	-$42.00K	$552.0K	-$1.637M	-$749.0K	$367.0K	$230.0K	-$1.279M	-$2.927M	$3.796M	$4.090M	$2.960M	$1.380M	$200.0K	-$240.0K	$5.730M	$2.850M	$1.600M	$2.220M
YoY Change	2252.38%	-107.61%	-133.72%	118.56%	-304.09%	59.57%	-117.98%	-56.3%	-177.11%	-7.19%	38.18%	114.49%	590.0%	-183.33%	-104.19%	101.05%	78.12%	-27.93%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Interest Expense	$761.0K	$142.0K	$0.00	$0.00	-$20.00K	-$30.00K	-$60.00K	-$80.00K	-$70.00K	-$110.0K	-$90.00K	-$140.0K	-$110.0K
YoY Change	435.92%			-100.0%	-33.33%	-50.0%	-25.0%	14.29%	-36.36%	22.22%	-35.71%	27.27%
% of Operating Profit				0.0%	-0.49%	-1.01%	-4.35%	-40.0%		-1.92%	-3.16%	-8.75%	-4.95%
Other Income/Expense, Net					$120.0K	$40.00K	$30.00K	$50.00K	$90.00K	$40.00K	$20.00K	$30.00K	$0.00
YoY Change					200.0%	33.33%	-40.0%	-44.44%	125.0%	100.0%	-33.33%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Pretax Income	-$123.0K	$1.631M	$955.0K	-$1.234M	-$749.0K	$367.0K	$230.0K	-$1.974M	-$8.043M	$3.796M	$4.070M	$2.940M	$1.320M	$120.0K	-$300.0K	$5.620M	$2.780M	$1.450M	$2.110M
YoY Change	-107.54%	70.79%	-177.39%	64.75%	-304.09%	59.57%	-111.65%	-75.46%	-311.88%	-6.73%	38.44%	122.73%	1000.0%	-140.0%	-105.34%	102.16%	91.72%	-31.28%
Income Tax	-$130.0K	$962.0K	-$82.00K	-$340.0K	-$103.0K	$103.0K	$105.0K	-$645.0K	-$2.266M	$591.0K	$530.0K	-$720.0K	-$430.0K	-$320.0K	-$340.0K	$2.100M	$970.0K	$530.0K	$690.0K
% Of Pretax Income		58.98%	-8.59%			28.07%	45.65%			15.57%	13.02%	-24.49%	-32.58%	-266.67%		37.37%	34.89%	36.55%	32.7%
Net Earnings	$7.000K	$669.0K	$1.037M	-$894.0K	-$646.0K	$264.0K	-$3.000K	-$1.329M	-$5.777M	$3.205M	$3.540M	$3.660M	$1.750M	$450.0K	$40.00K	$3.520M	$1.810M	$920.0K	$1.420M
YoY Change	-98.95%	-35.49%	-216.0%	38.39%	-344.7%	-8900.0%	-99.77%	-76.99%	-280.25%	-9.46%	-3.28%	109.14%	288.89%	1025.0%	-98.86%	94.48%	96.74%	-35.21%
Net Earnings / Revenue	0.14%	8.01%	16.68%	-23.68%	-11.56%	3.92%	-0.05%	-29.44%	-97.19%	24.27%	26.13%	30.22%	18.74%	5.87%	0.58%	25.04%	20.78%	14.91%	22.19%
Basic Earnings Per Share		$0.10	$0.15	-$0.13
Diluted Earnings Per Share	$0.00	$0.10	$153.5K	-$132.0K	-$94.87K	$38.12K	-$432.50	-$191.6K	-$832.9K	$462.1K	$510.1K	$485.4K	$228.8K	$58.98K	$5.249K	$462.5K	$238.2K	$121.2K	$187.6K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Cash & Short-Term Investments	$6.868M	$13.60M	$10.67M	$7.480M	$15.23M	$14.04M	$11.71M	$11.02M	$13.25M	$14.69M	$9.530M	$7.550M	$7.100M	$6.640M	$9.150M	$10.47M	$6.330M	$5.760M
YoY Change	-49.49%	27.4%	42.69%	-50.88%	8.5%	19.89%	6.22%	-16.79%	-9.86%	54.19%	26.23%	6.34%	6.93%	-27.43%	-12.61%	65.4%	9.9%
Cash & Equivalents	$6.868M	$13.60M	$10.67M	$7.480M	$15.23M	$14.04M	$11.71M	$11.02M	$12.85M	$14.29M	$9.130M	$7.150M	$6.700M	$6.240M	$9.150M	$10.47M	$6.330M	$5.760M
Short-Term Investments									$400.0K	$0.00	$400.0K	$400.0K	$400.0K	$400.0K	$0.00
Other Short-Term Assets	$270.0K	$270.0K	$370.0K	$295.0K	$795.0K	$363.0K	$363.0K	$363.0K		$0.00							$0.00	$60.00K
YoY Change	0.0%	-27.03%	25.42%	-62.89%	119.01%	0.0%	0.0%										-100.0%
Inventory
Prepaid Expenses
Receivables	$2.090M	$2.200M	$3.104M	$2.613M	$3.190M	$2.615M	$3.178M	$1.928M	$1.835M	$2.153M	$3.630M	$2.160M	$1.610M	$1.090M	$870.0K	$1.510M	$1.410M	$1.170M
Other Receivables	$90.00K	$630.0K	$450.0K	$274.0K	$83.00K	$235.0K	$259.0K	$927.0K	$754.0K	$172.0K	$0.00	$0.00	$400.0K	$440.0K	$590.0K	$0.00	$0.00	$430.0K
Total Short-Term Assets	$9.318M	$16.70M	$14.60M	$10.66M	$19.30M	$17.25M	$15.51M	$14.24M	$15.83M	$17.02M	$13.16M	$9.710M	$9.110M	$8.180M	$10.61M	$11.98M	$7.740M	$7.420M
YoY Change	-44.19%	14.39%	36.91%	-44.75%	11.87%	11.23%	8.91%	-10.07%	-6.96%	29.32%	35.53%	6.59%	11.37%	-22.9%	-11.44%	54.78%	4.31%
Property, Plant & Equipment	$2.209M	$1.531M	$2.232M	$2.974M	$3.392M	$4.782M	$5.950M	$7.567M	$8.849M	$15.27M	$13.83M	$13.74M	$12.96M	$11.60M	$9.780M	$9.310M	$7.890M	$5.610M
YoY Change	44.28%	-31.41%	-24.95%	-12.32%	-29.07%	-19.63%	-21.37%	-14.49%	-42.05%	10.4%	0.66%	6.02%	11.72%	18.61%	5.05%	18.0%	40.64%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$16.58M	$9.575M	$8.941M	$8.825M	$1.150M	$2.358M	$2.666M	$1.550M	$1.200M	$1.200M	$1.200M	$1.200M	$1.200M	$1.000M	$0.00
YoY Change	73.11%	7.09%	1.31%	667.39%	-51.23%	-11.55%	72.0%	29.17%	0.0%	0.0%	0.0%	0.0%	20.0%
Other Assets	$44.00K	$4.000K	$315.0K	$209.0K	$59.00K	$9.000K	$9.000K	$9.000K	$6.000K	$18.00K	$0.00	$10.00K	$20.00K	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	1000.0%	-98.73%	50.72%	254.24%	555.56%	0.0%	0.0%	50.0%	-66.67%		-100.0%	-50.0%
Total Long-Term Assets	$18.83M	$11.11M	$11.49M	$12.01M	$4.601M	$7.149M	$8.625M	$9.126M	$10.06M	$16.49M	$15.04M	$14.94M	$14.17M	$12.60M	$9.780M	$9.310M	$7.890M	$5.600M
YoY Change	69.47%	-3.29%	-4.33%	160.99%	-35.64%	-17.11%	-5.49%	-9.24%	-39.01%	9.62%	0.67%	5.43%	12.46%	28.83%	5.05%	18.0%	40.89%
Total Assets	$28.15M	$27.81M	$26.09M	$22.67M	$23.90M	$24.40M	$24.13M	$23.37M	$25.89M	$33.51M	$28.20M	$24.65M	$23.28M	$20.78M	$20.39M	$21.29M	$15.63M	$13.02M
YoY Change
Accounts Payable	$5.205M	$5.524M	$6.245M	$5.341M	$6.005M	$5.857M	$5.608M	$5.291M	$5.809M	$0.00	$3.510M	$3.290M	$3.040M	$2.040M	$2.710M	$2.530M	$1.770M	$2.240M
YoY Change	-5.77%	-11.55%	16.93%	-11.06%	2.53%	4.44%	5.99%	-8.92%		-100.0%	6.69%	8.22%	49.02%	-24.72%	7.11%	42.94%	-20.98%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due										$0.00	$0.00	$120.0K	$120.0K	$120.0K	$120.0K	$120.0K	$120.0K	$120.0K
YoY Change											-100.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Total Short-Term Liabilities	$6.542M	$6.859M	$7.601M	$5.714M	$6.005M	$5.857M	$5.608M	$5.291M	$5.809M	$6.354M	$4.280M	$3.770M	$3.440M	$2.490M	$3.210M	$4.050M	$2.500M	$2.450M
YoY Change	-4.62%	-9.76%	33.02%	-4.85%	2.53%	4.44%	5.99%	-8.92%	-8.58%	48.46%	13.53%	9.59%	38.15%	-22.43%	-20.74%	62.0%	2.04%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$600.0K	$720.0K	$840.0K	$960.0K	$1.080M	$1.200M	$1.320M
YoY Change											-100.0%	-16.67%	-14.29%	-12.5%	-11.11%	-10.0%	-9.09%
Other Long-Term Liabilities	$4.414M	$3.654M	$1.925M	$1.434M	$1.408M	$1.324M	$1.180M	$916.0K	$1.121M	$1.078M	$1.110M	$950.0K	$950.0K	$850.0K	$760.0K	$670.0K	$560.0K	$250.0K
YoY Change	20.8%	89.82%	34.24%	1.85%	6.34%	12.2%	28.82%	-18.29%	3.99%	-2.88%	16.84%	0.0%	11.76%	11.84%	13.43%	19.64%	124.0%
Total Long-Term Liabilities	$4.414M	$3.654M	$1.925M	$1.434M	$1.408M	$1.324M	$1.180M	$916.0K	$1.121M	$1.078M	$1.110M	$1.550M	$1.670M	$1.690M	$1.720M	$1.750M	$1.760M	$1.570M
YoY Change	20.8%	89.82%	34.24%	1.85%	6.34%	12.2%	28.82%	-18.29%	3.99%	-2.88%	-28.39%	-7.19%	-1.18%	-1.74%	-1.71%	-0.57%	12.1%
Total Liabilities	$10.96M	$10.59M	$9.526M	$7.148M	$7.413M	$7.267M	$6.995M	$6.225M	$7.420M	$9.260M	$7.150M	$7.150M	$7.910M	$7.200M	$7.280M	$8.250M	$6.120M	$5.350M
YoY Change	3.42%	11.21%	33.27%	-3.57%	2.01%	3.89%	12.37%	-16.11%	-19.87%	29.51%	0.0%	-9.61%	9.86%	-1.1%	-11.76%	34.8%	14.39%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	6.745M shares	6.753M shares	6.755M shares	6.771M shares
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $26.078 Million

About Spindletop Oil and Gas Co

Spindletop Oil & Gas Co. engages in the exploration, development, production and acquisition of oil and natural gas. The company is headquartered in Dallas, Texas and currently employs 13 full-time employees. The firm is engaged in the exploration, development, production and acquisition of oil and natural gas; and through one of its subsidiaries, the rental of oilfield equipment, and the gathering and marketing of natural gas. The Company’s segments include exploration, acquisition, development and production of oil and natural gas; natural gas gathering, and commercial real estate investment. The company is also engaged in commercial real estate leasing through leasing office space to non-related third-party tenants. The firm has focused its oil and gas operations principally in Texas, although it operates properties in five states, including Texas, Oklahoma, New Mexico, Louisiana, and Alabama. In addition, the Company, through Prairie Pipeline Co. (PPC), owns several miles of pipelines associated with the Company-operated oil and natural gas properties in Texas which are used for the gathering of natural gas.

Industry: Crude Petroleum & Natural Gas Peers: Barnwell Industries Inc MANUFACTURED HOUSING PROPERTIES INC. Conocophillips Hero Technologies Inc. Houston American Energy Corp Marine Petroleum Trust Mesa Royalty Trust