Spindletop Oil & Gas Co. (OTC: SPND) is a publicly traded company engaged in the exploration, development, and production of crude oil and natural gas in the United States. The Company operates oil and natural gas wells in several states with a large concentration of production in Texas. For more information, contact Chris Mazzini, President, at cmazzini@spindletopoil.com or visit www.spindletopoil.com. Information on such website referred above in this press release is not incorporated by reference into this press release.
Company profile
Ticker
SPND
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
752063001
Latest filings (excl ownership)
10-Q
2023 Q3
Quarterly report
20 Nov 23
NT 10-Q
Notice of late quarterly filing
15 Nov 23
10-Q
2023 Q2
Quarterly report
21 Aug 23
NT 10-Q
Notice of late quarterly filing
15 Aug 23
10-Q
2023 Q1
Quarterly report
22 May 23
NT 10-Q
Notice of late quarterly filing
16 May 23
10-K
2022 FY
Annual report
17 Apr 23
NT 10-K
Notice of late annual filing
3 Apr 23
10-Q
2022 Q3
Quarterly report
21 Nov 22
NT 10-Q
Notice of late quarterly filing
15 Nov 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Net income | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 7.32 mm | 7.32 mm | 7.32 mm | 7.32 mm | 7.32 mm | 7.32 mm |
Cash burn (monthly) | (no burn) | 491.42 k | (no burn) | 213.75 k | (no burn) | 101.75 k |
Cash used (since last report) | n/a | 2.92 mm | n/a | 1.27 mm | n/a | 605.41 k |
Cash remaining | n/a | 4.40 mm | n/a | 6.05 mm | n/a | 6.72 mm |
Runway (months of cash) | n/a | 8.9 | n/a | 28.3 | n/a | 66.0 |