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

Spindletop Oil & Gas' (SPND) quarterly Asset Utilization Ratio came in at 0.14 in Q1 2026, up 17.25% year-on-year from 0.12 in Q1 2025, and up 7.97% on a QoQ basis from 0.13 in Q4 2025.

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

Spindletop Oil & Gas (SPND) has 11 years of Asset Utilization Ratio data on file, last reported at 0.14 in Q1 2026.

  • On a quarterly basis, Asset Utilization Ratio rose 17.25% year-over-year to 0.14 in Q1 2026; TTM through Mar 2026 was 0.14, a 17.25% increase from a year earlier, with the FY2025 full-year figure at 0.14, up 5.97% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.14, up from 0.13 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for SPND reached as high as 0.51 in Q1 2022 and fell as low as 0.12 in Q4 2024.
  • Historically, Asset Utilization Ratio has averaged 0.24 across 5 years, with a median of 0.19 in 2023.
  • Across the five-year window, Asset Utilization Ratio surged 170.17% in 2022 and plunged 63.17% in 2024, its largest moves.
  • Year by year, Asset Utilization Ratio stood at 0.51 in 2022, then slumped by 63.1% to 0.19 in 2023, then tumbled by 35.25% to 0.12 in 2024, then climbed by 9.7% to 0.13 in 2025, then gained by 7.97% to 0.14 in 2026.
  • Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.14 in Q1 2026, 0.13 in Q4 2025, and 0.13 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 0.47
2 Eog Resources 74.61 Bn 70.76 Bn - 0.45
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 0.22
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 0.24
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 0.23
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 0.50
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 0.53
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 0.50
10 Spindletop Oil & Gas 18.15 Mn 13.14 Mn - 0.14

Historic Data

Download Data
DateValue
Mar 31, 2026 0.14
Dec 31, 2025 0.13
Sep 30, 2025 0.13
Jun 30, 2025 0.13
Mar 31, 2025 0.12
Dec 31, 2024 0.12
Sep 30, 2024 0.16
Jun 30, 2024 0.19
Mar 31, 2024 0.19
Dec 31, 2023 0.19
Sep 30, 2023 0.20
Jun 30, 2023 0.20
Mar 31, 2023 0.51
Dec 31, 2022 0.51
Sep 30, 2022 0.29
Jun 30, 2022 0.30
Mar 31, 2022 0.51
Dec 31, 2021 0.50
Sep 30, 2021 0.22
Jun 30, 2021 0.20