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

Spindletop Oil & Gas (SPND) has reported Operating Expenses for 14 consecutive years, with $1.2 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Expenses fell 7.11% year-over-year to $1.2 million in Q2 2026; TTM through Jun 2026 was $7.6 million, a 29.9% increase from a year earlier, with the FY2025 full-year figure at $7.7 million, up 28.08% from the prior year.
• Operating Expenses was $1.2 million for Q2 2026 at Spindletop Oil & Gas, up from $1.2 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 2023 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses jumped 281.14% in 2022 and slumped 51.15% in 2023, its largest moves.
• Over 5 years, Operating Expenses stood at $4.5 million in 2022, then slumped by 51.15% to $2.2 million in 2023, then grew by 1.83% to $2.2 million in 2024, then soared by 76.99% to $3.9 million in 2025, then plunged by 69.09% to $1.2 million in 2026.
• The last three Operating Expenses figures came in at $1.2 million (Q2 2026), $1.2 million (Q1 2026), and $3.9 million (Q4 2025), per Business Quant data.