Chris Mazzini - Spindletop Chairman

SPND Stock  USD 2.60  0.15  6.12%   

Chairman

Mr. Chris G. Mazzini is Chairman of the Board, President of Spindletop Oil Gas Co. He graduated from the University of Texas at Arlington in 1979 with a BS degree in Geology. He started his career in the oil and gas industry in 1978, and began as a Petroleum Geologist with Spindletop in 1979, working the Fort Worth Basin of North Texas. He became Vice President of Geology at Spindletop in 1982 and served in that capacity until he left the Company in 1985 when he founded Giant Energy Corporationration . Mr. Mazzini has served as President of Giant since then. He rejoined the Company in December 1999 when he, through Giant, purchased controlling interest. Mr. Mazzini was Chairman of the Board of Directors and President of the Company since 1999 and is a Certified and Licensed Petroleum Geologist
Age 65
Phone972 644 2581
Webhttps://www.spindletopoil.com
Mazzini has worked numerous geological basins throughout the United States with an emphasis on the Fort Worth Basin. He is responsible for several new field discoveries in the Fort Worth Basin.

Spindletop Management Efficiency

The company has return on total asset (ROA) of 0.0471 % which means that it generated a profit of $0.0471 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.214 %, meaning that it created $0.214 on every $100 dollars invested by stockholders. Spindletop's management efficiency ratios could be used to measure how well Spindletop manages its routine affairs as well as how well it operates its assets and liabilities.
Spindletop OG currently holds 403 K in liabilities with Debt to Equity (D/E) ratio of 0.03, which may suggest the company is not taking enough advantage from borrowing. Spindletop OG has a current ratio of 1.84, which is within standard range for the sector. Debt can assist Spindletop until it has trouble settling it off, either with new capital or with free cash flow. So, Spindletop's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Spindletop OG sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Spindletop to invest in growth at high rates of return. When we think about Spindletop's use of debt, we should always consider it together with cash and equity.

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Spindletop Oil Gas Co., an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas in Alabama, Arkansas, Louisiana, Oklahoma, New Mexico, and Texas, the United States. Spindletop Oil Gas Co. was founded in 1985 and is headquartered in Dallas, Texas. Spindletop Oil operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 12 people. Spindletop OG [SPND] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Spindletop OG Management Team

Elected by the shareholders, the Spindletop's board of directors comprises two types of representatives: Spindletop inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Spindletop. The board's role is to monitor Spindletop's management team and ensure that shareholders' interests are well served. Spindletop's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Spindletop's outside directors are responsible for providing unbiased perspectives on the board's policies.
Chris Mazzini, Chairman, CEO and President and Member of Audit Committee
Michelle Mazzini, VP, Secretary, Treasurer, General Counsel, Director and Member of Audit Committee
Robert Corbin, Principal Financial Officer, Principal Accounting Officer and Controller

Spindletop Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Spindletop a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Information on Investing in Spindletop Pink Sheet

Spindletop financial ratios help investors to determine whether Spindletop Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Spindletop with respect to the benefits of owning Spindletop security.