Spindletop Oil & Gas Co (SPND) financial statements (2021 and earlier)

Company profile

Business Address 12850 SPURLING RD.
DALLAS, TX 75230-1279
State of Incorp. TX
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 15,22914,03611,70711,02113,24514,694
Cash and cash equivalents 15,22914,03611,70711,02112,84514,294
Short-term investments     400400
Restricted cash and investments 795363363363  
Receivables 3,1902,6153,1781,9281,8352,153
Prepaid expense 83235259927754172
Total current assets: 19,29717,24915,50714,23915,83417,019
Noncurrent Assets
Property, plant and equipment 2,1163,4594,5796,1497,38413,757
Long-term investments and receivables, including: 1,1502,3582,6661,5501,2001,200
Long-term investments 1,1501,7132,666   
Other undisclosed long-term investments and receivables  645 1,5501,2001,200
Deferred income tax assets 56
Other undisclosed noncurrent assets (3,319)(5,808)(7,236)(7,690)1,4711,530
Total noncurrent assets: 399910,05516,487
Other undisclosed assets 4,5987,1408,6169,117  
TOTAL ASSETS: 23,89824,39824,13223,36525,88933,506
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 6,0055,8575,6085,2915,8096,257
Accounts payable 2,2712,1662,1391,6191,609 
Other undisclosed accounts payable and accrued liabilities 3,7343,6913,4693,6724,2006,257
Other undisclosed current liabilities      97
Total current liabilities: 6,0055,8575,6085,2915,8096,354
Noncurrent Liabilities
Liabilities, other than long-term debt 1,4081,3241,1809161,1211,078
Asset retirement obligations 1,4081,3241,1809161,1211,078
Total noncurrent liabilities: 1,4081,3241,1809161,1211,078
Other undisclosed liabilities  86207184901,828
Total liabilities: 7,4137,2676,9956,2257,4209,260
Stockholders' equity
Stockholders' equity attributable to parent, including: 16,48517,13117,13717,14018,46924,246
Treasury stock, value (1,806)(1,806)(1,536)(1,536)(1,536)(1,536)
Additional paid in capital 943943943943943943
Retained earnings 17,27117,91717,65317,65618,98524,762
Other undisclosed stockholders' equity attributable to parent 777777777777
Total stockholders' equity: 16,48517,13117,13717,14018,46924,246
TOTAL LIABILITIES AND EQUITY: 23,89824,39824,13223,36525,88933,506

Income statement (P&L) ($ in thousands)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues 5,5876,7345,6044,5155,94413,208
Revenue, net4,4953,3204,84111,688
Cost of revenue
(Cost of Goods and Services Sold)
 (29)(47)(38)(12)(21)(260)
Gross profit: 5,5586,6875,5664,5035,92312,948
Operating expenses (6,336)(6,367)(5,374)(6,489)(13,987)(9,412)
Operating income (loss): (778)320192(1,986)(8,064)3,536
Nonoperating income
(Investment Income, Nonoperating)
      240
Income (loss) from continuing operations before income taxes: (778)320192(1,986)(8,064)3,776
Income tax expense (benefit) 103(103)(233)6452,266(591)
Net income (loss): (675)217(41)(1,341)(5,798)3,185
Other undisclosed net income attributable to parent   382,6702120
Net income (loss) attributable to parent: (675)217(3)1,329(5,777)3,205
Other undisclosed net income (loss) available to common stockholders, basic 2947 (2,658)  
Net income (loss) available to common stockholders, diluted: (646)264(3)(1,329)(5,777)3,205

Comprehensive Income ($ in thousands)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss): (675)217(41)(1,341)(5,798)3,185
Comprehensive income (loss), net of tax, attributable to parent: (675)217(41)(1,341)(5,798)3,185

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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