Spindletop Oil & Gas Co. (SPND) Fair Value 2026

SPND · Oil & Gas E&P ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

6.0 /10

32 fundamental signals · 1 models active

Value Trap Risk

WARN (42/100)

Quick Summary — As of 2026-08-27, Spindletop Oil & Gas Co. (SPND) trades at $4.00. QOC: 6.0/10. Value Trap Risk: 42/100 (WARN). 1/13 models active.

Key Facts

Ticker
SPND
Price
$4.00
Quality Score
6.0/10
Value Trap Risk
42/100
Models Active
1/13
Last Updated
Strength: 1 independent models provide multi-angle coverage
Risk: Value Trap score of 42 suggests caution despite apparent undervaluation

What Fair Value Does Each Model Give SPND?

1 Intrinsic Value Models vs. Current Price ($4.00)

Core Models (Unlocked)
Model Fair Value Upside
Asset-Based · Medium Conviction
 $0.77 -80.6%

All Models Active

All 1 models are displayed above.

What Is Spindletop Oil & Gas Co. (SPND) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Spindletop Oil & Gas Co.'s intrinsic value is estimated at $0.77, suggesting the stock is overvalued at its current price of $4.00. With 1 out of 1 models flagging downside (-80.6% vs price), the market may be pricing in unsustainable growth.

What Do the Models Say About SPND?

1 of 13 models are currently active for SPND. All 1 active models suggest the stock trades above fair value. See which stocks rank higher →

How Does SPND Rank in Oil & Gas E&P?

Among 90 Oil & Gas E&P stocks, SPND ranks #59 by Quality of Company score. CirclFi's QOC score of 6.0/10 evaluates 32 fundamental signals. A score of 6.0 reflects mixed fundamentals.

See all Most Undervalued Oil & Gas E&P Stocks →

As a energy sector, Spindletop Oil & Gas Co. operates in a sector where debt-to-EBITDAX is a critical driver of valuation. Investors evaluating SPND should weigh these sector-specific dynamics alongside our model-derived fair values.

Is SPND a Value Trap?

CirclFi's Value Trap algorithm assigns SPND a score of 42/100 (WARN). This is a warning signal. Additional research into recent 10-Q filings is recommended. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

1 of 13 models are active for Spindletop Oil & Gas Co.. Limited activation may indicate insufficient history. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi 32-factor quality framework, Spindletop Oil & Gas Co.'s fundamental quality profile registers 6.0/10. This respectable score captures the company's profitability depth, growth consistency, balance sheet resilience, and shareholder return track record.

CirclFi runs 13 independent models for each stock. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every SPND valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across SPND's 1 active models, average confidence is 46%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Spindletop Oil & Gas Co. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Oil & Gas E&P Stocks Should You Also Analyze?

11 related Oil & Gas E&P stocks with 13-model coverage

TXOTXO Partners, L.P.QOC 6.1BRNBarnwell Industries, Inc.QOC 5.9WTIW&T Offshore, Inc.QOC 6.4EPEmpire Petroleum CorporationQOC 5.9EPSNEpsilon Energy Ltd.QOC 6.5INDOIndonesia Energy Corporation LimitedQOC 5.8LRDCLaredo Oil, Inc.QOC 4.5DMLPDorchester Minerals, L.P.QOC 8.5MNRMach Natural Resources LPQOC 7.7TPLTexas Pacific Land CorporationQOC 9.1BSMBlack Stone Minerals, L.P.QOC 9.1

Read investment analysis: TXO · BRN · WTI · EP · EPSN · INDO · LRDC · DMLP · MNR · TPL · BSM

Which Other Stocks Have a Similar Quality Score to SPND?

7 companies across all industries closest to SPND’s Quality of Company score of 6.0/10.

VUZIVuzix CorporationQOC 6.0PRMBPrimo Brands CorporationQOC 6.0ATNMActinium Pharmaceuticals, Inc.QOC 6.0NXRTNexPoint Residential Trust, Inc.QOC 6.0PRTSCarParts.com, Inc.QOC 6.0BAERBridger Aerospace Group Holdings, Inc.QOC 6.0NVDANVIDIA CorporationQOC 10.0

Read investment analysis: VUZI · PRMB · ATNM · NXRT · PRTS · BAER · NVDA

Where Does SPND Sit in CirclFi's Oil & Gas E&P Rankings?

SPND is ranked against every other Oil & Gas E&P stock CirclFi covers in each of these screens.

See all Oil & Gas E&P stocks ranked →

What Else Do Investors Ask About Spindletop Oil & Gas Co.’s Valuation?

What is Spindletop Oil & Gas Co.'s intrinsic value in 2026?

CirclFi does not yet have enough active models to publish a median fair value for Spindletop Oil & Gas Co. (SPND). The Quality of Company score is 6.0/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is SPND overvalued or undervalued right now?

At $4.00, 0 of 1 active models suggest SPND may be undervalued, while 1 indicate potential overvaluation. The assessment depends on which methodology best fits Spindletop Oil & Gas Co.'s business model in Oil & Gas E&P.

What does a Quality of Company score of 6.0 mean for SPND?

Spindletop Oil & Gas Co.'s QOC of 6.0/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores between 5-7 reflect moderate fundamentals with areas for improvement.

How many valuation models does CirclFi run on SPND?

CirclFi analyzes SPND with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 1 of 13 are active for this stock. Read the full methodology →

Is SPND a value trap in 2026?

Spindletop Oil & Gas Co.'s Value Trap score is 42/100 (WARN). This elevated score suggests the stock may look undervalued but faces deteriorating fundamentals — declining margins, rising debt, or shrinking revenue could make the apparent discount deceptive. Browse our ranked stock lists to compare value-trap scores across industries. Browse stocks by value-trap risk →

Cite this analysis — “CirclFi assigns Spindletop Oil & Gas Co. (SPND) a Quality of Company score of 6.0/10 across 32 fundamental signals as of 2026-08-27.” Source: circlfi.com/stock/SPND/ · Methodology
Primary sources for this SPND valuation
  • Financial statements: Spindletop Oil & Gas Co. 10-K and 10-Q filings on SEC EDGAR (CIK 0000867038) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for SPND as of ; valuations recomputed .