Spindletop Oil & Gas (SPND) Operating Margin (2010 - 2026)
Spindletop Oil & Gas (SPND) recorded Operating Margin of 37.50% in Q2 2026, up 63.27 percentage points from -25.77% a year earlier and up 28.34 percentage points from the prior quarter.
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Analysis
Spindletop Oil & Gas (SPND) Operating Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Spindletop Oil & Gas' Operating Margin came in at -38.78% as of Jun 30, 2026, down 4.48 percentage points year-over-year; for FY2025, it came in at -73.86%, down 32.15 percentage points from FY2024.
- Annual Operating Margin has declined for four straight years, with a five-year change of -21.81 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at -41.72% in FY2024 (-22.36 pp), -19.35% in FY2023 (-18.85 pp), -0.50% in FY2022 (-7.14 pp) and 6.64% in FY2021 (+58.69 pp).
- The Q2 2026 figure is the highest quarterly Operating Margin since Q2 2022.
- On a year-over-year basis, Operating Margin rose in four of the last eight quarters, with an average year-over-year change of -10.98 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 63.27 percentage points in Q2 2026, against a drop of 134.16 percentage points in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 9.16% (Q1 2026), -214.73% (Q4 2025) and -30.27% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 18.93% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 20.54% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 39.66% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 7.15% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 50.83% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 36.02% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 78.41% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 14.27% |
| 10 | Spindletop Oil & Gas | 35.30 Mn | 15.57 Mn | - | 37.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.50% |
| Mar 31, 2026 | 9.16% |
| Dec 31, 2025 | -214.73% |
| Sep 30, 2025 | -30.27% |
| Jun 30, 2025 | -25.77% |
| Mar 31, 2025 | -3.43% |
| Dec 31, 2024 | -80.57% |
| Sep 30, 2024 | -21.73% |
| Jun 30, 2024 | -39.87% |
| Mar 31, 2024 | -14.30% |
| Dec 31, 2023 | -80.25% |
| Sep 30, 2023 | 23.95% |
| Jun 30, 2023 | -6.74% |
| Mar 31, 2023 | -29.73% |
| Dec 31, 2022 | -132.92% |
| Sep 30, 2022 | 30.67% |
| Jun 30, 2022 | 49.60% |
| Mar 31, 2022 | 32.46% |
| Dec 31, 2021 | -21.26% |
| Sep 30, 2021 | 45.07% |
API Access
Spindletop Oil & Gas Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=SPND&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "SPND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=SPND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();