SPND Stock Analysis
SP
Uncovered
Spindletop Oil and Gas Co is uncovered by Eyestock quantitative analysis.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Low score
Spindletop Oil & Gas Co. is an independent oil and gas company. The Company is engaged in the exploration, development, production and acquisition of oil and natural gas; the rental of oilfield equipment, and through one of its subsidiaries, 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. It is also engaged in commercial real estate leasing through leasing office space to non-related third-party tenants. Its products include crude oil and natural gas, which are sold to oil and gas companies, brokers, pipelines, and distributors. It owns land and a two-story commercial office building in Dallas, Texas. It operates properties in approximately six states, including Texas, Oklahoma, New Mexico, Louisiana, Alabama, and Arkansas. The Company’s wholly owned subsidiaries include Spindletop Drilling Company and Prairie Pipeline Co.