Spindletop Oil & Gas Co. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 0.116 million compared to USD 0.108 million a year ago. Revenue was USD 2.01 million compared to USD 1.81 million a year ago. Net income was USD 1.69 million compared to USD 0.403 million a year ago. Basic earnings per share from continuing operations was USD 0.25 compared to USD 0.06 a year ago.
For the nine months, sales was USD 0.323 million compared to USD 0.338 million a year ago. Revenue was USD 6.51 million compared to USD 4.13 million a year ago. Net income was USD 3.29 million compared to USD 0.494 million a year ago. Basic earnings per share from continuing operations was USD 0.49 compared to USD 0.07 a year ago.