As of June 16, 2025, Spindletop Oil and Gas Co (SPND) reports a Gross Margin of 38.24%.
Gross Margin indicates the portion of sales revenue remaining after covering production costs, highlighting operational efficiency.
Historical Trend of Spindletop Oil and Gas Co's Gross Margin
Over recent years, Spindletop Oil and Gas Co's Gross Margin has shown a moderate pattern. The table below summarizes the historical values:
| Date | Gross Margin |
|---|---|
| 2024-12-31 | 38.24% |
| 2023-12-31 | 53.28% |
| 2022-12-31 | 61.92% |
| 2021-12-31 | 63.18% |
| 2020-12-31 | 42.33% |
This slight downward trend highlights how Spindletop Oil and Gas Co manages its operational efficiency and pricing power over time.
Comparing Spindletop Oil and Gas Co's Gross Margin to Peers
To better understand Spindletop Oil and Gas Co's position, it's useful to compare its Gross Margin against industry peers. Below are selected comparisons:
| Company | Gross Margin |
|---|---|
| Spindletop Oil and Gas Co (SPND) | 38.24% |
| Marine Petroleum Trust (MARPS) | 7775.20% |
| Royale Energy Funds Inc (ROYL) | 100.00% |
| New Frontier Energy Inc (NFEI) | 99.95% |
| TransCoastal Corp (TCEC) | 80.50% |
| SandRidge Mississippian Trust I (SDTTU) | 79.31% |
Compared to its competitors, Spindletop Oil and Gas Co's Gross Margin is about average compared to peers, indicating industry-standard operational efficiency.