Spindletop Oil & Gas Co. (SPND)
Spindletop Oil & Gas Co. operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Dallas, TX, US. The stock last traded at $3.50, up 2.94% on the session, giving a market capitalisation of $23.1M. On trailing twelve-month figures it carries a trailing P/E of -13.48, a net margin of -38.8%. Its beta of 0.17 implies it has historically moved less than the broad market.
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, Louisiana, Oklahoma, New Mexico, and Texas. The company is involved in the rental of oilfield equipment; gathering and marketing of natural gas; and commercial real estate investing and leasing business. It also owns various miles of pipelines located in Texas, which are used for gathering natural gas, as well as transporting natural gas. In addition, the company holds approximately 54,651 gross acres land. It sells crude oil and natural gas to oil and gas companies, brokers, pipelines, and distributors. Spindletop Oil & Gas Co. was incorporated in 1985 and is headquartered in Dallas, Texas.
Spindletop Oil & Gas Co. is most often compared with the following Energy names: