Spindletop Oil & Gas (SPND) Asset Utilization Ratio (2011 - 2026)

Spindletop Oil & Gas (SPND) has 11 years of Asset Utilization Ratio data on file, last reported at 0.17 in Q1 2026.

• Asset Utilization Ratio for Q1 2026 came in at 0.17, up 11.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.17 (up 11.0% YoY), and the FY2025 annual result was 0.16, up 5.71% from the prior year.
• Asset Utilization Ratio improved to 0.17 in Q1 2026 per SPND's latest filing, from 0.17 in the prior quarter.
• Over five years, Asset Utilization Ratio peaked at 0.52 in Q1 2023 and troughed at 0.15 in Q3 2024.
• A 5-year average of 0.24 and a median of 0.17 in 2024 frame the typical range for Asset Utilization Ratio.
• The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio jumped 54.78% in 2022, then slumped 66.75% in 2024.
• A 5-year view of Asset Utilization Ratio shows it stood at 0.51 in 2022, then sank by 64.2% to 0.18 in 2023, then declined by 18.12% to 0.15 in 2024, then gained by 11.57% to 0.17 in 2025, then gained by 3.45% to 0.17 in 2026.
• Business Quant data shows SPND's Asset Utilization Ratio at 0.17 in Q1 2026, 0.17 in Q4 2025, and 0.15 in Q3 2025.