MXC
Mexco Energy Corporation10.05
+0.15+1.52%
Dec 16, 1:02:20 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
20.56MP/E (TTM)
12.72Basic EPS (TTM)
0.79Dividend Yield
0%Recent Filings
8-K
Q3 net plunges on oil prices
Mexco Energy reported net income of $615,702 ($0.30/share) for nine months ended December 31, 2025, down sharply in Q3 to $50,245 ($0.02/share) from prior year due to lower oil prices. Revenues fell 8% to $4,932,806, with oil comprising 77%. Plans fifty horizontal wells at ~$1.6M cost; spent $0.9M drilling, $650K on royalties. Oil prices crushed Q3.
10-Q
Q3 FY2026 results
Mexco Energy posted Q3 FY2026 revenue of $1.4M, down 27% y/y from $1.9M amid lower oil sales yet buoyed by steady gas output; operating income fell to $91K from $446K while net income hit $50K or $0.02 diluted EPS versus $469K or $0.22 last year, with EPS confirmed against 2,082K diluted shares. Production costs dropped 34% y/y to $303K, trimming expenses, but DD&A rose 4% on reserve shifts. Cash swelled to $2.3M with $2.9M operating cash flow offsetting $1.8M drilling and $427K LLC investments; $1.5M credit facility stands fully available through March 2026, no debt drawn. Royalty buys added wells across Texas, New Mexico, Colorado. Oil prices stay volatile.
10-Q
Q2 FY2026 results
Mexco Energy posted steady Q2 FY2026 results through September 30, 2025, with revenues flat at $1.7M y/y yet operating income dipping 11% to $362.7K on higher DD&A, while net income edged up 2% to $323.5K ($0.16 diluted EPS) thanks to lower taxes. Oil sales fell 14% y/y on weaker prices, but gas surged 85% on volume and price gains; YTD revenue rose 2% to $3.5M with net income off 7% to $565.5K ($0.27 diluted EPS, anti-dilution flagged). Cash swelled to $2.7M after $2.1M operating cash flow and lighter $0.7M capex, supporting $0.10/share dividend; $1.5M revolver fully available, no debt. Small royalty buys added wells in Texas and Colorado. Cash builds effortlessly. Permian pipeline constraints pressure prices.
8-K
H1 net income $0.27/share
Mexco Energy reported net income of $565,457 ($0.27/share) for the six months ended September 30, 2025, with revenues up 2% to $3,548,919 on higher production and gas prices, despite a 17% oil price drop. Oil drove 76% of revenues. Plans 46 horizontal and 1 vertical wells at ~$1.0M cost; spent $450K on royalty acquisitions. Oil prices hurt revenues.
8-K
Annual meeting results
Mexco Energy Corporation's stockholders overwhelmingly elected six directors—Michael J. Banschbach, Kenneth L. Clayton, Thomas R. Craddick, Thomas H. Decker, Christopher M. Schroeder, and Nicholas C. Taylor—to the board at the September 9, 2025, annual meeting, with each receiving over 1.6 million votes for and minimal opposition. They ratified Weaver and Tidwell, L.L.P. as the independent auditor for the fiscal year ending March 31, 2026, by a 1,631,528 to 645 margin. The advisory vote approved executive compensation, garnering 1,602,588 yes votes. Continuity intact.
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