earnings
confidence high
sentiment positive
materiality 0.70
Mexco Energy reports 9-month net income $1.08M ($0.51/diluted), revenue up 12%
MEXCO ENERGY CORP
2025-Q3 EPS reported
$0.51
revenue$5,368,327
- Q3 net income $469,133 ($0.22/diluted), up 36% from $345,610 ($0.16/diluted) in Q3 FY2024.
- Operating revenues 9 months $5,368,327 (+12% YoY); Q3 revenues $1,891,265.
- Oil contributed 86% of operating revenues; natural gas prices low due to Permian Basin pipeline constraints.
- Plans to participate in drilling 28 horizontal wells and completing 19 at estimated cost $1.8M; $1.1M spent.
- Approximately $2M expended for royalty/mineral acquisitions in ~700 producing wells across 37 counties in 9 states.