FY23 Financial Results

The tables below summarize SPE's financial performance for FY23 (April 2022-March 2023).

Society of Petroleum Engineers (EIN: 75-2001539) is registered in the United States of America as a nonprofit organization with 501(c)(3) designation

Society of Petroleum Engineers (SPE) Stichting Consolidated Statement of Activity for the year ended 31 March 2023  

Audited

USD thousands

Assets

 

Cash and Cash Equivalents

6,118

Other Assets

12,491

Reserve Fund Investments

33,913

Property and Equipment

9,886

Interest in SPE Foundation

9,752

Total Assets:

72,160

   

Liabilities and Net Assets

 

Accounts Payable

10,709

Deferred Revenue

10,512

Total Liabilities

21,221

   

Net Assets

50,939

   

Total Liabilities and Net Assets  

72,160

 

Society of Petroleum Engineers (SPE) Stichting Consolidated Statement of Activity for the year ended 31 March 2023  

Audited

USD thousands

Meetings and Training Courses

5,886

Multimedia

(609)

Member Programs

(3,582)

Publications

(4,317)

Global Information Systems

(4,143)

Operating Surplus (Loss)

(6,765)

   

SPE Global Investments

(2,614)

Net Change in SPE Foundation

(1,297)

Net Surplus/(Loss) (10,676)