earnings
confidence high
sentiment neutral
materiality 0.50
Mexco Energy reports net income of $565K for H1 FY2026; revenue up 2%
MEXCO ENERGY CORP
2026-Q2 EPS reported
$0.27
revenue$3,548,919
- Net income of $565,457 ($0.27 diluted EPS) for six months ended Sept 30, 2025; Q2 net income $323,506 ($0.16 diluted EPS).
- Operating revenues $3.55M, up 2% YoY; oil contributed 76% of revenues; average oil prices declined 17%.
- Company plans to participate in 46 horizontal and 1 vertical well at est. aggregate cost ~$1.0M for FY2026; $300K expended.
- Spent ~$450K on royalty/mineral acquisitions in 63 producing wells in CO, LA, NM, TX.