Spindletop Oil & Gas (SPND) Return on Equity [ROE] (2018 - 2026)
Spindletop Oil & Gas (SPND) posted Return on Equity [ROE] of -6.40% for Q2 2026, down 3.45 percentage points from -2.95% a year earlier but up 5.87 percentage points from the prior quarter.
Spindletop Oil & Gas (SPND) Return on Equity [ROE] (2018 - 2026) Analysis & Trends
For FY2025, Spindletop Oil & Gas' Return on Equity [ROE] came in at -11.80%, down 8.07 percentage points from FY2024.
- Annual Return on Equity [ROE] has declined for four consecutive years, with a five-year change of -6.21 percentage points (FY2020 to FY2025).
- In prior years, Spindletop Oil & Gas' Return on Equity [ROE] was -3.73% in FY2024 (-3.77 pp), 0.04% in FY2023 (-3.92 pp), 3.96% in FY2022 (-2.50 pp) and 6.46% in FY2021 (+12.05 pp).
- Quarterly Return on Equity [ROE] has run from a low of -12.27% in Q1 2026 to a high of 11.71% in Q2 2022 over five years.
- On a year-over-year basis, Return on Equity [ROE] has declined in each of the last seven quarters, with an average year-over-year change of -3.99 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Equity [ROE] in the past five years was Q2 2024, with a gain of 6.00 percentage points; the weakest was Q2 2023, with a drop of 17.59 percentage points.
- According to Business Quant data, Return on Equity [ROE] for the three prior quarters was -12.27% (Q1 2026), -12.21% (Q4 2025) and -2.59% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 14.68% |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 10.89% |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 14,127,795.78% |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 82.76% |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 14.29% |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | 20.86% |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 23.06% |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 103.28% |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 23.72% |
| 10 | Spindletop Oil & Gas | 30.75 Mn | 11.02 Mn | - | -6.40% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.40% |
| Mar 31, 2026 | -12.27% |
| Dec 31, 2025 | -12.21% |
| Sep 30, 2025 | -2.59% |
| Jun 30, 2025 | -2.95% |
| Mar 31, 2025 | -3.35% |
| Dec 31, 2024 | -3.72% |
| Sep 30, 2024 | -2.38% |
| Jun 30, 2024 | 0.12% |
| Mar 31, 2024 | 1.66% |
| Dec 31, 2023 | 0.04% |
| Sep 30, 2023 | -3.39% |
| Jun 30, 2023 | -5.87% |
| Mar 31, 2023 | -0.24% |
| Dec 31, 2022 | 3.61% |
| Sep 30, 2022 | 9.41% |
| Jun 30, 2022 | 11.71% |
| Mar 31, 2022 | 5.21% |
| Dec 31, 2021 | 6.56% |
| Sep 30, 2021 | 8.53% |
Spindletop Oil & Gas Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=SPND&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=SPND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();