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Spindletop Oil & Gas Co SPND

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Morningstar’s Analysis

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1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

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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, 2020
Fiscal Year End Dec 31, 2020
Stock Type Hard Assets
Employees 47