earnings
confidence high
sentiment positive
materiality 0.65
Mexco Energy reports FY2025 net income up 27% to $1.71M; revenue up 11% to $7.36M
MEXCO ENERGY CORP
- Net income $1.71M ($0.81 diluted EPS), up 27% vs. FY2024; operating revenue $7.36M, +11%.
- Average realized oil price $73.54/bbl; natural gas $1.70/Mcf. Volumes rose but prices fell.
- Participated in 35 horizontal wells at ~$1.1M cost (29 in Delaware Basin). 17 to be completed this FY.
- Acquired royalty/mineral interests in 840 gross wells for ~$2.0M, funded from cash on hand.
- Cash $2.2M; no bank debt. PV-10 of proved reserves ~$23M. Expects 27 wells in FY2026 at ~$1.2M.
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