📊 SPND Key Takeaways
Is Spindletop Oil & Gas Co (SPND) a Good Investment?
Spindletop Oil & Gas is fundamentally distressed with severe operational losses (Operating Margin: -73.9%), negative free cash flow of -$218K, and sharply deteriorating profitability (-199.2% YoY net income decline). The company is burning cash while generating minimal revenue growth, with a current ratio below 1.0 indicating acute liquidity stress.
Why Buy Spindletop Oil & Gas Co Stock? SPND Key Strengths
- Positive stockholders equity of $14.3M provides residual balance sheet value and solvency cushion
- Minimal long-term debt burden reduces financial leverage risk and bankruptcy probability
- Modest 4.4% revenue growth shows some operational activity despite unprofitability
SPND Stock Risks: Spindletop Oil & Gas Co Investment Risks
- Operating losses of -$3.3M on $4.4M revenue indicate core business is deeply unprofitable with -73.9% operating margin
- Negative free cash flow (-$218K) and negative operating cash flow indicate unsustainable cash burn relative to asset base
- Current ratio of 0.94x and cash reserve of only $3.6M signal potential liquidity crisis and limited runway
Key Metrics to Watch
- Operating cash flow return to positive territory and sustainability timeline
- Operating margin trajectory toward breakeven or profitability
- Cash depletion rate relative to current reserves and working capital runway
Spindletop Oil & Gas Co (SPND) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
SPND Profit Margin, ROE & Profitability Analysis
SPND vs Energy Sector: How Spindletop Oil & Gas Co Compares
How Spindletop Oil & Gas Co compares to Energy sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Spindletop Oil & Gas Co Stock Overvalued? SPND Valuation Analysis 2026
Based on fundamental analysis, Spindletop Oil & Gas Co has mixed fundamental signals relative to the Energy sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Spindletop Oil & Gas Co Balance Sheet: SPND Debt, Cash & Liquidity
SPND Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Spindletop Oil & Gas Co's revenue has declined by 23% over the 5-year period, indicating business contraction. The most recent EPS of $-0.09 indicates the company is currently unprofitable.
SPND Revenue Growth, EPS Growth & YoY Performance
SPND Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $888.0K | $84.0K | $0.01 |
| Q2 2025 | $1.0M | -$62.0K | $-0.01 |
| Q1 2025 | $1.0M | $78.0K | $0.01 |
| Q3 2024 | $888.0K | $84.0K | $0.01 |
| Q2 2024 | $1.1M | N/A | $-0.01 |
| Q1 2024 | $1.0M | N/A | $-0.01 |
| Q3 2023 | $1.7M | N/A | $0.09 |
| Q2 2023 | $1.1M | N/A | $0.02 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Spindletop Oil & Gas Co Dividends, Buybacks & Capital Allocation
SPND SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Spindletop Oil & Gas Co (CIK: 0000867038)
📋 Recent SEC Filings
❓ Frequently Asked Questions about SPND
What is the AI rating for SPND?
Spindletop Oil & Gas Co (SPND) has an AI rating of STRONG SELL with 88% confidence, based on fundamental analysis of SEC EDGAR filings.
What are SPND's key strengths?
Claude: Positive stockholders equity of $14.3M provides residual balance sheet value and solvency cushion. Minimal long-term debt burden reduces financial leverage risk and bankruptcy probability.
What are the risks of investing in SPND?
Claude: Operating losses of -$3.3M on $4.4M revenue indicate core business is deeply unprofitable with -73.9% operating margin. Negative free cash flow (-$218K) and negative operating cash flow indicate unsustainable cash burn relative to asset base.
What is SPND's revenue and growth?
Spindletop Oil & Gas Co reported revenue of $4.4M.
Does SPND pay dividends?
Spindletop Oil & Gas Co does not currently pay dividends.
Where can I find SPND SEC filings?
Official SEC filings for Spindletop Oil & Gas Co (CIK: 0000867038) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is SPND's EPS?
Spindletop Oil & Gas Co has a diluted EPS of $0.00.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is SPND a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Spindletop Oil & Gas Co has a STRONG SELL rating with 88% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is SPND stock overvalued or undervalued?
Valuation metrics for SPND: ROE of -13.1% (sector avg: 14%), net margin of -42.4% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy SPND stock in 2026?
Our dual AI analysis gives Spindletop Oil & Gas Co a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is SPND's free cash flow?
Spindletop Oil & Gas Co's operating cash flow is $-135.0K, with capital expenditures of $83.0K. FCF margin is -4.9%.
How does SPND compare to other Energy stocks?
Vs Energy sector averages: Net margin -42.4% (avg: 12%), ROE -13.1% (avg: 14%), current ratio 0.94 (avg: 1.3).