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MEXCO ENERGY CORP
Mexco Energy Corporation approved the amended and restated 2019 Employee Incentive Stock Plan at its 2026 Annual Meeting of Stockholders held on September 8, 2026. The meeting also finalized the election of directors, ratification of the independent auditor, and advisory approval of executive compensation, along with the adoption of new stock option award agreement forms.…more
MEXCO ENERGY CORP
Mexco Energy reported net income of $501,065, or $0.24 per diluted share, for the first quarter of fiscal 2027 ended June 30, 2026, marking a 107% increase from the previous year. Operating revenues rose 13% to $1,983,169 compared to the same period last year. The company plans to participate in the drilling of 53 horizontal wells and the completion of 20 wells with an estimated aggregate cost of approximately $1.8 million for the fiscal year ending March 31, 2027.…more
MEXCO ENERGY CORP
Mexco Energy reported its financial results for the first quarter ended June 30, 2026, with total operating revenues of $1,983,169 and a net income of $501,065, resulting in earnings per share of $0.24. This represents an improvement compared to the same period last year, which saw $1,756,940 in revenue and $241,951 in net income.…more
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Mexco Energy Reports 107% Increase in Q1 Net Income
Mexco Energy reported a 107% year-over-year increase in net income to $501,065 for the first quarter of fiscal 2027. The strong performance was primarily driven by higher average oil prices, which offset declines in production volumes.…more