Spindletop Oil & Gas Co. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was USD 0.428 million compared to USD 0.459 million a year ago.

Revenue was USD 8.35 million compared to USD 6.07 million a year ago. Net income was USD 0.669 million compared to USD 1.04 million a year ago. Basic earnings per share from continuing operations was USD 0.1 compared to USD 0.15 a year ago.