earnings
confidence high
sentiment neutral
materiality 0.35
Mexco Energy reports Q1 net income of $291K ($0.14/diluted share) on revenues of $1.73M
MEXCO ENERGY CORP
2025-Q1 EPS reported
$0.14
revenue$1,727,835
- Net income $291,039 ($0.14 diluted EPS); operating revenues $1,727,835, down 1% YoY.
- Natural gas average price fell 36% YoY; oil price rose 9%; production declined 3.5%.
- Plans to participate in drilling 30 horizontal wells and completing 19 for FY2025 at estimated cost $2.2M.
- $320k spent to date; evaluating other prospects for participation.