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Spindletop Oil & Gas (SPND) Operating Expenses (2016 - 2025)

Spindletop Oil & Gas (SPND) has disclosed Operating Expenses for 13 consecutive years, with $1.2 million as the latest value for Q3 2025.

  • On a quarterly basis, Operating Expenses rose 15.45% to $1.2 million in Q3 2025 year-over-year; TTM through Sep 2025 was $6.0 million, a 0.38% change, with the full-year FY2024 number at $6.0 million, down 1.03% from a year prior.
  • Operating Expenses was $1.2 million for Q3 2025 at Spindletop Oil & Gas, down from $1.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $4.5 million in Q4 2022 to a low of -$1.2 million in Q2 2021.
  • A 5-year average of $1.3 million and a median of $1.3 million in 2023 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: soared 239.72% in 2022, then crashed 51.15% in 2023.
  • Spindletop Oil & Gas' Operating Expenses stood at $2.5 million in 2021, then soared by 81.14% to $4.5 million in 2022, then crashed by 51.15% to $2.2 million in 2023, then rose by 1.83% to $2.2 million in 2024, then plummeted by 43.81% to $1.2 million in 2025.
  • Per Business Quant, the three most recent readings for SPND's Operating Expenses are $1.2 million (Q3 2025), $1.3 million (Q2 2025), and $1.2 million (Q1 2025).