SPINDLETOP OIL & GAS CO company info

CIK 867038
IRS Number 752063001
State of incorporation TX
Business address 12850 SPURLING RD.
SUITE 200
DALLAS
TX
75230-1279
Mail address 12850 SPURLING RD.
SUITE 200
DALLAS
TX
75230-1279

Short summary

SPINDLETOP OIL & GAS CO is a Texas company, with head office located at 12850 Spurling Rd. Dallas, Texas 75230-1279. In 2019 the company owned a total of 23.52 million USD worth of assets, including 10.86 million USD worth of current assets and 3.00 thousand USD worth of non-current assets. 2013 was the year when the company amassed the most assets.

SPINDLETOP OIL & GAS CO Income Statement

Name [in Millions USD]20062007200820092010201120122013201420152016201720182019Trends
Operating Expenses 8.029.179.489.4113.996.495.376.376.34
Income Tax Expense (Benefit) -0.43-0.720.530.59-2.27-0.650.230.10-0.10
Net income 3.543.21-5.781.33-0.00

SPINDLETOP OIL & GAS CO Balance Sheet

Name [in Millions USD]20062007200820092010201120122013201420152016201720182019Trends
Cash and cash equivalents 8.058.018.9613.8713.1111.7911.6513.5114.287.34
Property, Plant and Equipment, Gross 0.250.250.2527.7929.5530.5730.4329.4128.9327.87
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment -9.39-10.52-12.31-14.36-15.96-23.20-24.77-25.0725.5025.75
Other Assets, Noncurrent 0.000.00
Total assets 23.2824.6533.1632.5524.8224.0024.2524.8023.52
Current assets 9.6310.1411.7916.9916.2614.8114.9816.0517.6410.86
Non-current assets 0.010.010.010.010.00
Taxes Payable, Current
Total current liabilities 2.853.303.966.446.035.365.715.026.385.88
Total liabilities 7.617.387.449.788.416.576.526.107.777.31

SPINDLETOP OIL & GAS CO Cash Flow

Name [in Millions USD]20062007200820092010201120122013201420152016201720182019Trends
Net income 3.543.21-5.781.33-0.00
Depreciation and amortization 1.151.651.911.852.431.100.520.500.46
Depreciation 0.070.080.100.100.100.050.050.050.050.050.050.050.05
Depreciation and amortization 1.001.041.151.651.911.852.431.100.520.500.46
Deferred Income Tax Expense (Benefit) -0.12-0.23-0.20-0.97-0.080.07-1.34-0.470.19-0.12-0.14
Accounts receivable 0.64-0.22-0.52-0.55-1.481.480.32-0.09-0.67-0.02-0.33
Accounts payable 0.950.230.482.32-0.55-0.520.220.250.15
Net Cash Provided by (Used in) Operating Activities 3.224.574.668.52-0.34-0.751.061.09-0.23
Payments to Acquire Productive Assets 0.010.02
Net Cash Provided by (Used in) Investing Activities -2.65-2.47-1.963.36-1.110.71-0.371.511.86
Net Cash Provided by (Used in) Financing Activities -0.12-1.65-0.72-0.27
Cash and Cash Equivalents, Period Increase (Decrease) 0.450.461.985.17-1.45-1.460.692.331.63