Spindletop Oil & Gas (SPND) Gross Margin (2016 - 2018)

Spindletop Oil & Gas (SPND) reported Gross Margin of 75.12% for Q3 2018, up 589.0% year-over-year from 10.9% in Q3 2017, and down 8.08% quarter-over-quarter from 81.73% in Q2 2018.

Spindletop Oil & Gas (SPND) Gross Margin (2016 - 2018) Analysis & Trends

Spindletop Oil & Gas (SPND) has 3 years of Gross Margin data on file, last reported at 75.12% in Q3 2018.

  • Gross Margin for Q3 2018 came in at 75.12%, up 589.0% year-over-year; the trailing twelve-month figure through Sep 2018 was 91.64% (down 473.0% YoY), and the FY2017 annual result was 96.57%, up 40.0% from the prior year.
  • Gross Margin slipped to 75.12% in Q3 2018 per SPND's latest filing, from 81.73% in the prior quarter.
  • Over five years, Gross Margin peaked at 167.97% in Q4 2016 and troughed at 67.31% in Q3 2016.
  • A 3-year average of 98.61% and a median of 78.92% in 2016 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2017 and 2018: Gross Margin surged 2156 bps in 2017, then slumped 1594 bps in 2018.
  • A 3-year view of Gross Margin shows it stood at 167.97% in 2016, then declined by 8 bps to 153.77% in 2017, then sank by 51 bps to 75.12% in 2018.
  • Business Quant data shows SPND's Gross Margin at 75.12% in Q3 2018, 81.73% in Q2 2018, and 153.77% in Q4 2017.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 85.25%
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 60.14%
4 Eog Resources 72.93 Bn 69.08 Bn - -
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 93.19%
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 99.43%
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 54.61%
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 88.15%
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 98.87%
10 Spindletop Oil & Gas - - - -

Historic Data

Download Data
DateValue
Sep 30, 2018 75.12%
Jun 30, 2018 81.73%
Dec 31, 2017 153.77%
Sep 30, 2017 69.23%
Jun 30, 2017 97.66%
Dec 31, 2016 167.97%
Sep 30, 2016 67.31%
Jun 30, 2016 76.11%