Spindletop Oil & Gas (SPND) Asset Utilization Ratio (2011 - 2026)
Spindletop Oil & Gas' Asset Utilization Ratio came in at 0.20 for Q2 2026, up 24.1% from 0.16 a year earlier and up 18.6% from the prior quarter.
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Analysis
Spindletop Oil & Gas (SPND) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025, Spindletop Oil & Gas' Asset Utilization Ratio was 0.16, up 5.7% from FY2024.
- Going back by year, Asset Utilization Ratio was 0.15 in FY2024 (-16.3%), 0.18 in FY2023 (-41.1%), 0.31 in FY2022 (+24.6%) and 0.25 in FY2021 (+62.8%).
- The Q2 2026 figure represents the highest quarterly Asset Utilization Ratio since Q3 2023.
- Year-over-year, Asset Utilization Ratio has increased for four consecutive quarters, with an average decline of 3.2% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q2 2022 (growth of 48.6%), and the weakest in Q4 2023 (a decline of 36.8%).
- Business Quant data shows SPND's Asset Utilization Ratio at 0.17 (Q1 2026), 0.16 (Q4 2025) and 0.16 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn | 0.79 |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn | 0.65 |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - | 0.53 |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - | 0.57 |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn | 0.53 |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - | 83.27 |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn | 1.89 |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - | - |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - | 0.60 |
| 10 | Spindletop Oil & Gas | 30.75 Mn | 11.02 Mn | - | 0.20 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.20 |
| Mar 31, 2026 | 0.17 |
| Dec 31, 2025 | 0.16 |
| Sep 30, 2025 | 0.16 |
| Jun 30, 2025 | 0.16 |
| Mar 31, 2025 | 0.16 |
| Dec 31, 2024 | 0.15 |
| Sep 30, 2024 | 0.15 |
| Jun 30, 2024 | 0.18 |
| Mar 31, 2024 | 0.18 |
| Dec 31, 2023 | 0.18 |
| Sep 30, 2023 | 0.21 |
| Jun 30, 2023 | 0.22 |
| Mar 31, 2023 | 0.28 |
| Dec 31, 2022 | 0.29 |
| Sep 30, 2022 | 0.30 |
| Jun 30, 2022 | 0.31 |
| Mar 31, 2022 | 0.27 |
| Dec 31, 2021 | 0.26 |
| Sep 30, 2021 | 0.23 |
API Access
Spindletop Oil & Gas Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SPND&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "SPND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SPND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();