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Spindletop Oil & Gas Co SPND

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1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

About Quantitative Ratings

Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

Company Profile

Business Description

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. It has focused its oil and gas operations principally in Texas, although it operates properties in over six states, including Texas, Oklahoma, New Mexico, Louisiana, Alabama, and Arkansas. Its subsidiaries include Spindletop Drilling Company (SDC) and Prairie Pipeline Co. (PPC). The firm has three business segments: Exploration, acquisition, development and production of oil and natural gas; Natural gas gathering, and Commercial real estate investment.

Contact
12850 Spurling Road, Suite 200, One Spindletop Centre
Dallas, TX, 75230-1279
T +1 972 644-2581
Sector Energy
Industry Oil & Gas E&P
Most Recent Earnings Mar 31, 2021
Fiscal Year End Dec 31, 2021
Stock Type Distressed
Employees 42

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