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Spindletop Oil & Gas CoSPND 55 3-Year Share Buyback Ratio is 0.80 as of Mar. 2026. GuruFocus rates SPND with a GF Score™ of 55/100 and a GF Value™ of $2.53 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 683 Oil & Gas companies, Spindletop Oil & Gas Co ranks better than 82.14% on this metric.
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Spindletop Oil & Gas Co's current 3-Year Share Buyback Ratio was 0.80%.
The historical rank and industry rank for Spindletop Oil & Gas Co's 3-Year Share Buyback Ratio or its related term are showing as below:
SPND'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -0.2 Med: 0 Max: 3.3
Current: 0.8
During the past 13 years, Spindletop Oil & Gas Co's highest 3-Year Share Buyback Ratio was 3.30%. The lowest was -0.20%. And the median was 0.00%.
SPND's 3-Year Share Buyback Ratio is ranked better than 82.14% of 683
companies
in the Oil & Gas industry
Industry Median: -3.5
vs SPND: 0.80
Spindletop Oil & Gas Co (OTCPK:SPND) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Spindletop Oil & Gas Co 3-Year Share Buyback Ratio Related Terms
SPND vs MXC, BRN, NRIS: 3-Year Share Buyback Ratio Comparison
For the Oil & Gas E&P subindustry, Spindletop Oil & Gas Co's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Spindletop Oil & Gas Co's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Spindletop Oil & Gas Co's 3-Year Share Buyback Ratio falls into.
Spindletop Oil & Gas Co 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of 0.80 mean?
Spindletop Oil & Gas Co (SPND) has a 3-Year Share Buyback Ratio of 0.80 as of Mar. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Spindletop Oil & Gas Co and its competitors. According to the industry distribution chart, Spindletop Oil & Gas Co ranks #122 out of 683 companies in the Oil & Gas industry, placing it in the top 17.9%.
Is Spindletop Oil & Gas Co's 3-Year Share Buyback Ratio too high?
Spindletop Oil & Gas Co's current 3-Year Share Buyback Ratio is 0.80. Based on the distribution chart, Spindletop Oil & Gas Co ranks #122 out of 683 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 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spindletop Oil & Gas Co's 3-Year Share Buyback Ratio compare to MXC and BRN?
According to the Oil & Gas industry distribution chart, Spindletop Oil & Gas Co ranks #122 out of 683 companies for 3-Year Share Buyback Ratio. This places Spindletop Oil & Gas Co in the top 18% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for an Oil & Gas company?
A good 3-Year Share Buyback Ratio depends on the Oil & Gas industry context. However, 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Spindletop Oil & Gas Co and its competitors. Spindletop Oil & Gas Co's current 3-Year Share Buyback Ratio is 0.80. 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 $2.53, compared to a current price of $3.86 — trading 52.6% above its estimated fair value. The current 3-Year Share Buyback Ratio is 0.80. Spindletop Oil & Gas Co's overall GF Score™ is 55/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Spindletop Oil & Gas Co (SPND), the current 3-Year Share Buyback Ratio is 0.80 as of Mar. 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 $3.86 is trading 52.6% above its estimated GF Value™ of $2.53.
GuruFocus considers Spindletop Oil & Gas Co to be Significantly Overvalued.
Key valuation signals for SPND:
3-Year Share Buyback Ratio: 0.80
GF Value™: $2.53 vs. price of $3.86 (52.6% 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.
55GF Score
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