Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Spindletop Oil & Gas Co's Enterprise Value is $18.15 Mil.
Spindletop Oil & Gas Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.04 Mil. Therefore, Spindletop Oil & Gas Co's EV-to-OCF for today is -453.80.
The historical rank and industry rank for Spindletop Oil & Gas Co's EV-to-OCF or its related term are showing as below:
SPND'
s EV-to-OCF Range Over the Past 10 Years
Min: -1990.85 Med: 6.21 Max: 1544.5
Current: -453.8
During the past 13 years, the highest EV-to-OCF of Spindletop Oil & Gas Co was 1544.50. The lowest was -1990.85. And the median was 6.21.
SPND's EV-to-OCF is ranked better than 99.12% of 1027
companies
in the Oil & Gas industry
Industry Median: 5.66
vs SPND: -453.80
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Spindletop Oil & Gas Co (OTCPK:SPND) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Spindletop Oil & Gas Co's PE Ratio (TTM) for today is calculated as:
Spindletop Oil & Gas Co's share price for today is $3.51.
Spindletop Oil & Gas Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.260.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas E&P subindustry, Spindletop Oil & Gas Co's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Spindletop Oil & Gas Co EV-to-OCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Spindletop Oil & Gas Co's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Spindletop Oil & Gas Co's EV-to-OCF falls into.
Spindletop Oil & Gas Co's current Enterprise Value is $18.15 Mil.
Spindletop Oil & Gas Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.04 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Spindletop Oil & Gas Co (SPND) has a EV-to-OCF of -453.80 as of Aug. 13, 2026. According to the industry distribution chart, Spindletop Oil & Gas Co ranks #9 out of 1027 companies in the Oil & Gas industry, placing it in the top 0.90000000000001%.
Is Spindletop Oil & Gas Co's EV-to-OCF too high?
Spindletop Oil & Gas Co's current EV-to-OCF is -453.80. Based on the distribution chart, Spindletop Oil & Gas Co ranks #9 out of 1027 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Spindletop Oil & Gas Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spindletop Oil & Gas Co's EV-to-OCF compare to MXC and BRN?
According to the Oil & Gas industry distribution chart, Spindletop Oil & Gas Co ranks #9 out of 1027 companies for EV-to-OCF. This places Spindletop Oil & Gas Co in the top 1% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 5.66. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Oil & Gas company?
The median EV-to-OCF among Oil & Gas companies is 5.66, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median EV-to-OCF is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spindletop Oil & Gas Co's current EV-to-OCF is -453.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spindletop Oil & Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Spindletop Oil & Gas Co (SPND) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.55, compared to a current price of $3.51 — trading 37.6% above its estimated fair value. The current EV-to-OCF is -453.80. Spindletop Oil & Gas Co's overall GF Score™ is 63/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Spindletop Oil & Gas Co (SPND), the current EV-to-OCF is -453.80 as of Aug. 13, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Spindletop Oil & Gas Co (SPND) Overvalued in 2026?
Based on GuruFocus' analysis, Spindletop Oil & Gas Co stock appears to be overvalued.
The current stock price of $3.51 is trading 37.6% above its estimated GF Value™ of $2.55.
GuruFocus considers Spindletop Oil & Gas Co to be Significantly Overvalued.
Key valuation signals for SPND:
EV-to-OCF: -453.80
GF Value™: $2.55 vs. price of $3.51 (37.6% above fair value)
No single metric tells the full story. See the SPND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spindletop Oil & Gas Co is an independent oil and gas company engaged in the exploration, development, production, and acquisition of oil and natural gas. In addition, it also provides the rental of oilfield equipment and is engaged in the gathering and marketing of natural gas. The oil and gas properties of the company are spread across Texas, Oklahoma, New Mexico, Louisiana, and Alabama. The company's operating business segments are: oil and gas exploration, acquisition, development and production of oil and natural gas; natural gas gathering; and commercial real estate investment. A majority of its revenue is generated from the oil and gas exploration, production, and operations segment.
63GF Score
Get the complete analysis for SPND
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SPND has been successfully added to your 
