Spindletop Oil & Gas Co ( (SPND) ) has released a notification of late filing.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Spindletop Oil & Gas Co. has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending March 31, 2025. The delay is primarily due to the late receipt of necessary information from purchasers of oil and gas and third-party operators, making it impossible to file without unreasonable effort or expense. The company expects to file the report within 15 calendar days following the prescribed due date. Financially, Spindletop anticipates an increase in net income to approximately $100,000 for the period ending March 31, 2025, compared to $78,000 for the same period in 2024, with total revenues and expenses also expected to rise. The notification was signed by Chris G. Mazzini, the President and Principal Executive Officer, indicating ongoing compliance efforts.
More about Spindletop Oil & Gas Co
Average Trading Volume: 453
Technical Sentiment Signal: Sell
Current Market Cap: $16.45M
For a thorough assessment of SPND stock, go to TipRanks’ Stock Analysis page.