Spindletop Oil & Gas Co (SPND) financial statements (2020 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)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 14,03611,70711,02113,24514,6949,529
Cash and cash equivalents 14,03611,70711,02112,84514,2949,129
Short-term investments    400400400
Restricted cash and investments 363363363   
Receivables 2,6153,1781,9281,8352,1533,633
Prepaid expense 235259927754172 
Total current assets: 17,24915,50714,23915,83417,01913,162
Noncurrent Assets
Property, plant and equipment 3,4594,5796,1497,38413,75712,266
Long-term investments and receivables, including: 2,3582,6661,5501,2001,2001,200
Long-term investments 1,7132,666    
Other undisclosed long-term investments and receivables 645 1,5501,2001,2001,200
Other undisclosed noncurrent assets (5,808)(7,236)(7,690)1,4711,5301,567
Total noncurrent assets: 99910,05516,48715,033
Other undisclosed assets 7,1408,6169,117   
TOTAL ASSETS: 24,39824,13223,36525,88933,50628,195
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 5,8575,6085,2915,8096,2573,935
Accounts payable 2,1662,1391,6191,609  
Other undisclosed accounts payable and accrued liabilities 3,6913,4693,6724,2006,2573,935
Other undisclosed current liabilities     97349
Total current liabilities: 5,8575,6085,2915,8096,3544,284
Noncurrent Liabilities
Liabilities, other than long-term debt 1,3241,1809161,1211,0781,107
Asset retirement obligations 1,3241,1809161,1211,0781,107
Total noncurrent liabilities: 1,3241,1809161,1211,0781,107
Other undisclosed liabilities 86207184901,8281,763
Total liabilities: 7,2676,9956,2257,4209,2607,154
Stockholders' equity
Stockholders' equity attributable to parent, including: 17,13117,13717,14018,46924,24621,041
Treasury stock, value (1,806)(1,536)(1,536)(1,536)(1,536)(1,536)
Additional paid in capital 943943943943943943
Retained earnings 17,91717,65317,65618,98524,76221,557
Other undisclosed stockholders' equity attributable to parent 777777777777
Total stockholders' equity: 17,13117,13717,14018,46924,24621,041
TOTAL LIABILITIES AND EQUITY: 24,39824,13223,36525,88933,50628,195

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues 6,7345,6044,5155,94413,20813,547
Revenue, net4,4953,3204,84111,68812,457
Cost of revenue
(Cost of Goods and Services Sold)
 (47)(38)(12)(21)(260)(232)
Gross profit: 6,6875,5664,5035,92312,94813,315
Operating expenses (6,367)(5,374)(6,489)(13,987)(9,412)(9,478)
Operating income (loss): 320192(1,986)(8,064)3,5363,837
Nonoperating income
(Investment Income, Nonoperating)
     240249
Income (loss) from continuing operations before income taxes: 320192(1,986)(8,064)3,7764,086
Income tax expense (benefit) (103)(233)6452,266(591)(527)
Net income (loss): 217(41)(1,341)(5,798)3,1853,559
Other undisclosed net income attributable to parent  382,6702120 
Net income (loss) attributable to parent: 217(3)1,329(5,777)3,2053,559
Other undisclosed net income (loss) available to common stockholders, basic 47 (2,658)  (17)
Net income (loss) available to common stockholders, diluted: 264(3)(1,329)(5,777)3,2053,542

Comprehensive Income ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss): 217(41)(1,341)(5,798)3,1853,559
Comprehensive income (loss), net of tax, attributable to parent: 217(41)(1,341)(5,798)3,1853,559

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: