{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-022514","form_type":"8-K","ticker":"MXC","cik":"0000066418","company_name":"MEXCO ENERGY CORP","filed_at":"2023-06-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.938905+00:00","generated_at":"2026-06-13T17:23:21.059154+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Mexco Energy FY2023 net income $4.66M ($2.11/diluted), revenue $9.56M (+45% YoY)","bullets":["Net income $4,662,702 ($2.11/diluted) vs $2,855,066 ($1.32) in FY2022, an increase of 63%.","Operating revenues $9,557,289, up 45% from $6,587,780, driven by 28% production increase and 12% price increase.","Participated in drilling 54 wells (50 horizontal, 4 vertical) at cost ~$4.2M; expects 26 wells drilled in FY2024 at ~$2.1M.","Cash on hand $3.27M, no bank debt; profit margin 49%, return on equity 32%.","Acquired royalty/mineral interests in ~30 wells for ~$120,000; proved reserves PV10 ~$39M."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-022514","json":"https://secwatch.observer/filing/0001493152-23-022514.json","markdown":"https://secwatch.observer/filing/0001493152-23-022514.md","text":"https://secwatch.observer/filing/0001493152-23-022514.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/66418/000149315223022514/0001493152-23-022514-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/66418/000149315223022514/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T17:23:21.059154+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"37b58bbe74a1580b5948f4a41e0a0173c60f9158","claim":"MEXCO ENERGY CORP reported the fiscal year ended March 31, 2023 results: revenue $9,557,289, net income $4,662,702, EPS $2.11 per diluted share.","evidence_excerpt":"The Company reported net income of $4,662,702 or $2.11 per diluted share, for fiscal year 2023, compared to net income of $2,855,066, or $1.32 per diluted share, for fiscal 2022, an increase of 63%. Operating revenues in fiscal 2023 were $9,557,289, an increase of 45% when compared to fiscal 2022 operating revenues of $6,587,780.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/66418/000149315223022514/0001493152-23-022514-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended March 31, 2023"},{"label":"Revenue","value":"$9,557,289"},{"label":"Net income","value":"$4,662,702"},{"label":"EPS","value":"$2.11 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}