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.

• On a quarterly basis, Operating Expenses fell 2.91% year-over-year to $1.2 million in Q1 2026; TTM through Mar 2026 was $7.7 million, a 26.04% increase from a year earlier, with the FY2025 full-year figure at $7.7 million, up 28.08% from the prior year.
• Operating Expenses for Q1 2026 stood at $1.2 million, down from $3.9 million in the prior quarter.
• Over the last five years, Operating Expenses for SPND reached as high as $4.5 million in Q4 2022 and fell as low as $1.1 million in Q3 2024.
• Historically, Operating Expenses has averaged $1.7 million across 5 years, with a median of $1.3 million in 2025.
• Across the five-year window, Operating Expenses soared 281.14% in 2022 and tumbled 51.15% in 2023, its largest moves.
• Year by year, Operating Expenses stood at $4.5 million in 2022, then slumped by 51.15% to $2.2 million in 2023, then advanced by 1.83% to $2.2 million in 2024, then jumped by 76.99% to $3.9 million in 2025, then plunged by 69.47% to $1.2 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $1.2 million in Q1 2026, $3.9 million in Q4 2025, and $1.2 million in Q3 2025.