SPND Stock Overview
Spindletop Oil & Gas Co., an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas in Alabama, Arkansas, Louisiana, Oklahoma, New Mexico, and Texas, the United States.
Spindletop Oil & Gas Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$3.83|
|52 Week High||US$4.12|
|52 Week Low||US$2.62|
|1 Month Change||-0.52%|
|3 Month Change||13.31%|
|1 Year Change||46.18%|
|3 Year Change||111.60%|
|5 Year Change||16.06%|
|Change since IPO||6,283.12%|
Recent News & Updates
|SPND||US Oil and Gas||US Market|
Return vs Industry: SPND exceeded the US Oil and Gas industry which returned 36.6% over the past year.
Return vs Market: SPND exceeded the US Market which returned -21.5% over the past year.
|SPND Average Weekly Movement||7.4%|
|Oil and Gas Industry Average Movement||8.1%|
|Market Average Movement||6.9%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: SPND is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: SPND's weekly volatility has decreased from 14% to 7% over the past year.
About the Company
Spindletop Oil & Gas Co., an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas in Alabama, Arkansas, Louisiana, Oklahoma, New Mexico, and Texas, the United States. The company holds approximately 76,785 gross acres under lease in 14 states. As of December 31, 2021, its net proved crude oil and natural gas reserves were 186,690 barrels of oil and condensate; and 5,184 billion cubic feet of natural gas.
Spindletop Oil & Gas Fundamentals Summary
|SPND fundamental statistics|
Is SPND overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SPND income statement (TTM)|
|Cost of Revenue||US$2.39m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.38|
|Net Profit Margin||31.87%|
How did SPND perform over the long term?See historical performance and comparison
Is SPND undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SPND?
Other financial metrics that can be useful for relative valuation.
|What is SPND's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does SPND's PE Ratio compare to its peers?
|SPND PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
BRN Barnwell Industries
MARP.S Marine Petroleum Trust
AMEN AMEN Properties
VKIN Viking Energy Group
SPND Spindletop Oil & Gas
Price-To-Earnings vs Peers: SPND is good value based on its Price-To-Earnings Ratio (10.2x) compared to the peer average (14.3x).
Price to Earnings Ratio vs Industry
How does SPND's PE Ratio compare vs other companies in the US Oil and Gas Industry?
Price-To-Earnings vs Industry: SPND is expensive based on its Price-To-Earnings Ratio (10.2x) compared to the US Oil and Gas industry average (8.3x)
Price to Earnings Ratio vs Fair Ratio
What is SPND's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||10.2x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SPND's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of SPND when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SPND ($3.83) is trading below our estimate of fair value ($80.6)
Significantly Below Fair Value: SPND is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Spindletop Oil & Gas forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Spindletop Oil & Gas has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Examine whether Spindletop Oil & Gas is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Spindletop Oil & Gas's filings and announcements here.
How has Spindletop Oil & Gas performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPND has high quality earnings.
Growing Profit Margin: SPND became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SPND has become profitable over the past 5 years, growing earnings by 30.7% per year.
Accelerating Growth: SPND has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SPND has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (184.6%).
Return on Equity
High ROE: SPND's Return on Equity (14%) is considered low.
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How is Spindletop Oil & Gas's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SPND's short term assets ($15.2M) exceed its short term liabilities ($8.1M).
Long Term Liabilities: SPND's short term assets ($15.2M) exceed its long term liabilities ($2.0M).
Debt to Equity History and Analysis
Debt Level: SPND is debt free.
Reducing Debt: SPND had no debt 5 years ago.
Debt Coverage: SPND has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SPND has no debt, therefore coverage of interest payments is not a concern.
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What is Spindletop Oil & Gas's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|Spindletop Oil & Gas Dividend Yield vs Market|
|Company (Spindletop Oil & Gas)||n/a|
|Market Bottom 25% (US)||1.7%|
|Market Top 25% (US)||4.7%|
|Industry Average (Oil and Gas)||5.0%|
|Analyst forecast in 3 Years (Spindletop Oil & Gas)||n/a|
Notable Dividend: Unable to evaluate SPND's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SPND's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SPND's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SPND's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as SPND has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Chris Mazzini (64 yo)
Mr. Chris G. Mazzini has been President of Spindletop Oil & Gas Co. since 1999 and serves as its Chief Executive Officer. Mr. Mazzini Co-Founded Giant Energy Corp. and serves as its Chief Executive Officer...
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Spindletop Oil & Gas Co.'s employee growth, exchange listings and data sources
- Name: Spindletop Oil & Gas Co.
- Ticker: SPND
- Exchange: OTCPK
- Founded: 1985
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: US$25.854m
- Shares outstanding: 6.75m
- Website: https://www.spindletopoil.com
Number of Employees
- Spindletop Oil & Gas Co.
- One Spindletop Centre
- Suite 200
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SPND||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||May 1991|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/30 00:00|
|End of Day Share Price||2022/09/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.