MXC - Earnings announcements

MIDLAND, TX, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) today reported net income of $615,702, or $0.30 per diluted share, for the nine months ending December 31, 2025. For the third quarter of fiscal 2026, the Company reported net income of $50,245, or $0.02 per diluted share, a decrease of 89% when compared to $469,133, or $0.22 per diluted share, for the prior year quarter. This decrease is primarily due to the decline in oil prices. Operating revenues in the third quarter of fiscal 2026 were $1,383,887. For the nine months ended December 31, 2025, operating revenues were $4,932,806, a decrease of 8% when compared to the first nine months of fiscal 2025. Thi

MIDLAND, TX, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) today reported net income of $565,457, or $0.27 per diluted share, for the six months ending September 30, 2025. Operating revenues in the first six months of fiscal 2026 were $3,548,919, an increase of 2% when compared to the first six months of fiscal 2025. This increase was primarily due to an increase in revenues from our most recent limited liability company investment, an increase in average gas prices, and an increase in oil and natural gas production volumes partially offset by a decrease in average oil prices. Oil contributed 76% of our operating revenues for the first six months of fiscal 2026. N

MIDLAND, TX, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) today reported net income of $241,951, or $0.12 per diluted share, for the quarter ending June 30, 2025, the Company's first quarter of fiscal 2026. This compares to net income of $291,039, or $0.14 per diluted share, for the quarter ending June 30, 2024, a 17% decrease. Operating revenues in the first quarter of fiscal 2026 were $1,814,176, an increase of 5% from $1,727,835 for the first quarter of fiscal 2025. This was primarily due to a 16% increase in oil production volumes, a 25% increase in natural gas production volumes, a 62% increase in the average natural gas price, and a 49% increase in revenues

MIDLAND, TX, June 27, 2025 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) reported results on its Annual Report, Form 10-K to the Securities and Exchange Commission for the fiscal year ended March 31, 2025. The Company reported net income of $1,712,368, or $0.81 per diluted share, a 27% increase compared to fiscal 2024. Operating revenues for fiscal 2025 were $7,358,066, an 11% increase when compared to fiscal 2024. This increase was primarily due to an increase in oil and natural gas production volumes and partially offset by a decrease in the average sale prices of oil and natural gas. Natural gas prices have been low due to limited pipeline capacities in the Permian Basin. For

MIDLAND, TX, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) today reported net income of $1,077,370, or $0.51 per diluted share, for the nine months ending December 31, 2024. Operating revenues in the first nine months of fiscal 2025 were $5,368,327, an increase of 12% when compared to the first nine months of fiscal 2024. This increase was primarily due to an increase in oil and natural gas production volumes and partially offset by a decrease in the average sales prices of oil and natural gas. Natural gas prices have been low due to limited pipeline capacities in the Permian Basin. Oil contributed to 86% of our operating revenues for the first nine months of fisca

MIDLAND, TX, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) today reported net income of $608,237, or $0.29 per diluted share, for the six months ending September 30, 2024. Operating revenues in the first six months of fiscal 2025 were $3,477,062, an increase of 10% when compared to the first six months of fiscal 2024. This increase was primarily due to an increase in oil and natural gas production volumes and an increase in average oil prices partially offset by a decrease in average natural gas prices. Oil contributed 87% of our operating revenues for the first six months of fiscal 2025. Net income of $317,198, or $0.15 per diluted share, for the Company's second

MIDLAND, TX, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) today reported net income of $291,039, or $0.14 per diluted share, for the quarter ending June 30, 2024, the Company's first quarter of fiscal 2025. Operating revenues in the first quarter of fiscal 2025 were $1,727,835, a decrease of 1% from the first quarter of fiscal 2024. This was primarily due to a 36% decrease in the average sales price of natural gas and a 3.5% decrease in oil and natural gas production partially offset by a 9% increase in the average sales price of oil. Oil contributed 87% of our operating revenues for the first quarter of fiscal 2025. The Company currently expects to participate i

MIDLAND, TX, June 27, 2024 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) reported results on its Annual Report, Form 10-K to the Securities and Exchange Commission for the fiscal year ended March 31, 2024. The Company reported net income of $1,344,952, or $0.64 per diluted share, and operating revenues of $6,604,884 for fiscal 2024. For the year ended March 31, 2024, the average realized price for oil was $76.40 per barrel and the average realized price for natural gas was $2.22 per thousand cubic feet. The Company participated in the drilling of 52 wells consisting of 51 horizontal wells and 1 vertical well at a cost of approximately $2,300,000 for the fiscal year endi

MIDLAND, TX, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) today reported net income of $345,610, or $0.16 per diluted share, for the Company's third quarter of fiscal 2024, an increase of 28% compared to $269,433, or $0.12 per diluted share, for the second quarter of fiscal 2024. Operating revenues in the third quarter of fiscal 2024 were $1,656,443. The average sales price of oil and natural gas for the three months ending December 31, 2023 was $78.65 per barrel and $1.82 per Mcf, respectively. Net income for the nine months ending December 31, 2023 was $1,080,657, or $0.50 per diluted share, a decrease of 71% compared with the same nine-month period of fiscal 20

MIDLAND, TX, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) today reported net income for the six months ending September 30, 2023 was $735,047, or $0.34 per diluted share, a decrease of 71% compared to the same six-month period of fiscal 2023. Operating revenues in the first six months of fiscal 2024 decreased 34% to $3,155,029. This decrease resulted from a 26% decrease in the average sales price of oil and a 68% decrease in the average sales price of natural gas. This was partially offset by a 7% increase in barrels of oil equivalent ("BOE") production volumes. Oil contributed 82% of our operating revenues for the first six months of fiscal 2024. Net income of $2

MIDLAND, TX, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) today reported net income of $465,614, or $0.21 per diluted share, for the quarter ending June 30, 2023, compared to $1,298,672 or $0.59 per diluted share, for the comparable quarter ending June 30, 2022. Operating revenues in the first quarter of fiscal 2024 were $1,748,419, a decrease of 29% from the first quarter of fiscal 2023. This was due to a 33% decrease in the average sales price of oil and a 69% decrease in the average sales price of natural gas. This was partially offset by a 37% increase in oil production and a 9% increase in natural gas production. Oil contributed 82% of our operating revenues

MIDLAND, TX, June 26, 2023 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) reported results on its Annual Report, Form 10-K to the Securities and Exchange Commission for the fiscal year ended March 31, 2023. 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. This is the result of a 28% increase in barrels of oil equivalent ("BOE") production and a 12% increase in BOE prices. The Company participated in

MIDLAND, TX, Feb. 10, 2023 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) today reported net income of $1,244,785, or $0.56 per diluted share, for the Company's third quarter of fiscal 2023 compared with $753,302, or $0.35 per diluted share, for the third quarter of fiscal 2022. Operating revenues in the third quarter of fiscal 2023 were $2,581,210. The average sales price of oil and natural gas for the three months ending December 31, 2022 was $82.15 per barrel and $5.04 per Mcf, respectively. Net income for the nine months ending December 31, 2022 was $3,755,173, or $1.70 per diluted share, an increase of 102% compared with the same nine-month period of fiscal 2022. Operating r

MIDLAND, TX, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) today reported net income of $1,211,716, or $0.55 per diluted share, for the Company's second quarter of fiscal 2023 compared with $708,828, or $0.33 per diluted share for the second quarter of fiscal 2022. Operating revenues in the second quarter of fiscal 2023 were $2,324,792. Net income for the six months ending September 30, 2022 was $2,510,388, or $1.13 per diluted share, an increase of 127% compared with the same six-month period of fiscal 2022. Operating revenues in the first six months of fiscal 2023 increased 69% to $4,774,765. This increase resulted from a 13% increase in barrels of oil equivalent

MIDLAND, TX, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) today reported net income of $1,298,672, or $0.59 per diluted share, for the quarter ending June 30, 2022, the Company's first quarter of fiscal 2023, an increase of 340% versus $395,006 or $0.19 per diluted share, for the comparable quarter ending June 30, 2021. Operating revenues in the first quarter of fiscal 2023 increased 94% to $2,449,973 from $1,264,198 for the first quarter of fiscal 2022. This increase resulted from an 18% increase in barrels of oil equivalent ("BOE") production volumes as well as the average sales price of oil and natural gas for the quarter ending June 30, 2022 to $109.62 per bar

MIDLAND, TX, June 27, 2022 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) reported results on its Annual Report, Form 10-K to the Securities and Exchange Commission for the fiscal year ended March 31, 2022. The Company reported net income of $2,855,066 or $1.36 per diluted share, for fiscal year 2022, compared to net income of $155,932, or $0.08 per diluted share, for fiscal 2021. Operating revenues in fiscal 2022 were $6,587,780, an increase of 135% when compared to fiscal 2021 operating revenues of $2,799,004. This is the result of a 22% increase in barrels of oil equivalent ("BOE") production and a 93% increase in BOE prices. Mexco reported net income

MIDLAND, TX, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) today reported net income of $1,857,136, or $0.89 per diluted share, for the nine months ended December 31, 2021, compared to a net loss of $261,143, or $(0.13) per diluted share, for the nine months ended December 31, 2020. Operating revenues were $4,413,023 for the nine months ended December 31, 2021, a 159% increase from $1,706,392 for the December 31, 2020 nine-month period resulting from a 22% increase in oil production and a 9% increase in natural gas production as well as increases in the average sales price of oil and natural gas to $69.64 per barrel (a 101% increase) and $4.29 per Mcf (a 184% incre

MIDLAND, TX, Nov. 05, 2021 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) today reported net income of $1,103,834, or $0.52 per diluted share, for the six months ended September 30, 2021, compared to a net loss of $341,640, or $0.17 per diluted share, for the six months ended September 30, 2020. Operating revenues were $2,817,679 for the six months ended September 30, 2021, a 180% increase from $1,006,498 for the September 30, 2020 six month period resulting from a 29% increase in oil production and a 9% increase in natural gas production as well as increases in the average sales price of oil and natural gas to $66.85 per barrel (a 110% increase) and $3.70 per Mcf (a 201% increas

MIDLAND, TX, Aug. 11, 2021 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) today reported operating revenues in the first quarter of fiscal 2022 increased 241% to $1,264,198 from $370,456 for the first quarter of fiscal 2021. This increase resulted from a 34% increase in oil production and a 13% increase in natural gas production as well as the average sales price of oil and natural gas for the quarter ending June 30, 2021 to $63.94 per barrel (a 161% increase) and $2.98 per Mcf (a 189% increase), respectively. Net income was $395,006, or $0.19 per diluted share, for the quarter ending June 30, 2021, the Company's first quarter of fiscal 2022, versus a net loss of $299,670, or $0.

MIDLAND, TX, June 25, 2021 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) reported results on its Annual Report, Form 10-K to the Securities and Exchange Commission ("SEC") for the fiscal year ended March 31, 2021. Operating revenues in fiscal 2021 were $2,799,004, an increase of 2% when compared to fiscal 2020 operating revenues of $2,738,540. This is the result of a 14% increase in oil production, a 10% increase in natural gas production and a 64% increase in natural gas prices partially offset by a 23% decrease in oil prices. Mexco reported net income of $417,075 for the quarter ending March 31, 2021, approximately five times the prior quarter ending December 31, 2020 pri

MIDLAND, TX, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE American: MXC) today reported net income of $80,497 for the quarter ending December 31, 2020, the Company’s third quarter of fiscal 2021. This compares to net income of $35,196 for the quarter ending December 31, 2019. Operating revenues, in the third quarter of fiscal 2021 were $699,894, compared to $769,778 for the second quarter of fiscal 2020. This is the result of a 13% increase in oil production, an 8% increase in gas production and a 29% increase in gas prices partially offset by a 28% decrease in oil prices. The average sales price for the quarter ending December 31, 2020 was $2.08 per Mcf and $40.01 pe