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| Date | Value |
|---|---|
| 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% |