The President and Chief Financial Officer of the Company said, "We have approximately $2.4 million cash on hand, no outstanding indebtedness on our bank line of credit and are actively seeking opportunities."
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8-K - MEXCO ENERGY CORP (0000066418) (Filer)
10-Q - MEXCO ENERGY CORP (0000066418) (Filer)
8-K - MEXCO ENERGY CORP (0000066418) (Filer)
4 - MEXCO ENERGY CORP (0000066418) (Issuer)
4 - MEXCO ENERGY CORP (0000066418) (Issuer)
4 - MEXCO ENERGY CORP (0000066418) (Issuer)
MIDLAND, TX, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) today reported net income of $608,237, or $0.29 per diluted share, for the six months ending September 30, 2024. Operating revenues in the first six months of fiscal 2025 were $3,477,062, an increase of 10% when compared to the first six months of fiscal 2024. This increase was primarily due to an increase in oil and natural gas production volumes and an increase in average oil prices partially offset by a decrease in average natural gas prices. Oil contributed 87% of our operating revenues for the first six months of fiscal 2025. Net income of $317,198, or $0.15 per diluted share, for the Company's second
MIDLAND, TX, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) today reported net income of $291,039, or $0.14 per diluted share, for the quarter ending June 30, 2024, the Company's first quarter of fiscal 2025. Operating revenues in the first quarter of fiscal 2025 were $1,727,835, a decrease of 1% from the first quarter of fiscal 2024. This was primarily due to a 36% decrease in the average sales price of natural gas and a 3.5% decrease in oil and natural gas production partially offset by a 9% increase in the average sales price of oil. Oil contributed 87% of our operating revenues for the first quarter of fiscal 2025. The Company currently expects to participate i
MIDLAND, TX, June 27, 2024 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) reported results on its Annual Report, Form 10-K to the Securities and Exchange Commission for the fiscal year ended March 31, 2024. The Company reported net income of $1,344,952, or $0.64 per diluted share, and operating revenues of $6,604,884 for fiscal 2024. For the year ended March 31, 2024, the average realized price for oil was $76.40 per barrel and the average realized price for natural gas was $2.22 per thousand cubic feet. The Company participated in the drilling of 52 wells consisting of 51 horizontal wells and 1 vertical well at a cost of approximately $2,300,000 for the fiscal year endi
MIDLAND, TX, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) today reported net income of $608,237, or $0.29 per diluted share, for the six months ending September 30, 2024. Operating revenues in the first six months of fiscal 2025 were $3,477,062, an increase of 10% when compared to the first six months of fiscal 2024. This increase was primarily due to an increase in oil and natural gas production volumes and an increase in average oil prices partially offset by a decrease in average natural gas prices. Oil contributed 87% of our operating revenues for the first six months of fiscal 2025. Net income of $317,198, or $0.15 per diluted share, for the Company's second
MIDLAND, TX, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) today reported net income of $291,039, or $0.14 per diluted share, for the quarter ending June 30, 2024, the Company's first quarter of fiscal 2025. Operating revenues in the first quarter of fiscal 2025 were $1,727,835, a decrease of 1% from the first quarter of fiscal 2024. This was primarily due to a 36% decrease in the average sales price of natural gas and a 3.5% decrease in oil and natural gas production partially offset by a 9% increase in the average sales price of oil. Oil contributed 87% of our operating revenues for the first quarter of fiscal 2025. The Company currently expects to participate i
MIDLAND, TX, June 27, 2024 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) reported results on its Annual Report, Form 10-K to the Securities and Exchange Commission for the fiscal year ended March 31, 2024. The Company reported net income of $1,344,952, or $0.64 per diluted share, and operating revenues of $6,604,884 for fiscal 2024. For the year ended March 31, 2024, the average realized price for oil was $76.40 per barrel and the average realized price for natural gas was $2.22 per thousand cubic feet. The Company participated in the drilling of 52 wells consisting of 51 horizontal wells and 1 vertical well at a cost of approximately $2,300,000 for the fiscal year endi
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