Spindletop Oil & Gas (SPND) Operating Expenses (2010 - 2026)

Spindletop Oil & Gas (SPND) has 14 years of Operating Expenses data on file, last reported at $1.2 million in Q1 2026.

• Operating Expenses for Q1 2026 came in at $1.2 million, down 2.91% year-over-year; the trailing twelve-month figure through Mar 2026 was $7.7 million (up 26.04% YoY), and the FY2025 annual result was $7.7 million, up 28.08% from the prior year.
• Operating Expenses fell to $1.2 million in Q1 2026 per SPND's latest filing, from $3.9 million in the prior quarter.
• Over five years, Operating Expenses peaked at $4.5 million in Q4 2022 and troughed at $1.1 million in Q3 2024.
• A 5-year average of $1.7 million and a median of $1.3 million in 2025 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 281.14% in 2022, then sank 51.15% in 2023.
• A 5-year view of Operating Expenses shows it stood at $4.5 million in 2022, then sank by 51.15% to $2.2 million in 2023, then increased by 1.83% to $2.2 million in 2024, then jumped by 76.99% to $3.9 million in 2025, then tumbled by 69.47% to $1.2 million in 2026.
• Business Quant data shows SPND's Operating Expenses at $1.2 million in Q1 2026, $3.9 million in Q4 2025, and $1.2 million in Q3 2025.