Mexco Energy (MXC)
Market Price (10/5/2026): $9.98 | Market Cap: $20.4 MilSector: Energy | Industry: Oil & Gas Exploration & Production
Mexco Energy (MXC)
Market Price (10/5/2026): $9.98Market Cap: $20.4 MilSector: EnergyIndustry: Oil & Gas Exploration & Production
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.6%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.7% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 57% Megatrend and thematic driversMegatrends include US Energy Independence. Themes include US Oilfield Technologies. | Weak multi-year price returns2Y Excs Rtn is -51%, 3Y Excs Rtn is -101% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -6.1%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -7.6% Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -10% Key risksMXC key risks include [1] its high revenue dependency on volatile oil prices and [2] a recent 15% decrease in its oil reserves. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.6%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.7% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 57% |
| Megatrend and thematic driversMegatrends include US Energy Independence. Themes include US Oilfield Technologies. |
| Weak multi-year price returns2Y Excs Rtn is -51%, 3Y Excs Rtn is -101% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -6.1%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -7.6% |
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -10% |
| Key risksMXC key risks include [1] its high revenue dependency on volatile oil prices and [2] a recent 15% decrease in its oil reserves. |
Qualitative Assessment
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Mexco Energy (MXC) stock has gained about 35% since 6/30/2026 because of the following key factors:
1. Significant Increase in Fiscal Q1 2027 Net Income Driven by Higher Oil Prices.
Mexco Energy Corporation (MXC) reported a 107% increase in net income for its fiscal Q1 2027, which ended June 30, 2026, reaching $501,065, or $0.24 per diluted share, compared to $241,951, or $0.12 per share, in the prior-year quarter. This substantial earnings growth was largely due to a 52% increase in the average realized oil price, which boosted operating revenues by 13% to $1,983,169.
2. Favorable Macroeconomic Environment with Surging Oil Prices.
The period since June 30, 2026, saw a significant rise in oil prices. US crude futures touched $100 a barrel, averaging around $86 a barrel in calendar Q3 2026 (which corresponds to Mexco's fiscal Q2 2027), ranging from a low of $67 in early July to a high of $107 in mid-September. Analysts raised their 2026 oil price forecasts, with US crude expected to average $83.90 per barrel. This strong commodity price environment directly benefited Mexco Energy, an oil and gas exploration and production company.
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Mexco Energy (MXC) stock has gained about 35% since 6/30/2026 because of the following key factors:
1. Significant Increase in Fiscal Q1 2027 Net Income Driven by Higher Oil Prices.
Mexco Energy Corporation (MXC) reported a 107% increase in net income for its fiscal Q1 2027, which ended June 30, 2026, reaching $501,065, or $0.24 per diluted share, compared to $241,951, or $0.12 per share, in the prior-year quarter. This substantial earnings growth was largely due to a 52% increase in the average realized oil price, which boosted operating revenues by 13% to $1,983,169.
2. Favorable Macroeconomic Environment with Surging Oil Prices.
The period since June 30, 2026, saw a significant rise in oil prices. US crude futures touched $100 a barrel, averaging around $86 a barrel in calendar Q3 2026 (which corresponds to Mexco's fiscal Q2 2027), ranging from a low of $67 in early July to a high of $107 in mid-September. Analysts raised their 2026 oil price forecasts, with US crude expected to average $83.90 per barrel. This strong commodity price environment directly benefited Mexco Energy, an oil and gas exploration and production company.
3. Strategic Investments in Oil and Gas Royalty Property Acquisitions.
During fiscal Q1 2027, Mexco Energy invested approximately $2.1 million in the acquisition of oil and gas royalty properties. These acquisitions, funded from existing cash resources, align with the company's strategy of acquiring royalty interests with development potential, indicating a proactive approach to expanding its asset base and future production capacity.
4. Positive Outlook and Expanding U.S. Oil and Gas Activity.
Reports from the Dallas Federal Reserve Energy Survey for calendar Q3 2026 (Mexco's fiscal Q2 2027) indicated continued expansion in U.S. oil and gas activity, particularly in key producing states like Texas, Louisiana, and New Mexico where Mexco operates. Exploration and production firms reported higher oil production, with the oil production index increasing from 15.0 to 20.7, and natural gas production, with its index climbing from 3.7 to 14.8. This broader industry growth and positive sentiment contributed to investor confidence in the sector and Mexco Energy.
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Stock Movement Drivers
Fundamental Drivers
The 34.5% change in MXC stock from 6/30/2026 to 10/4/2026 was primarily driven by a 15.8% change in the company's Net Income Margin (%).| (LTM values as of) | 6302026 | 10042026 | Change |
|---|---|---|---|
| Stock Price ($) | 7.48 | 10.06 | 34.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 7 | 7 | 3.5% |
| Net Income Margin (%) | 20.1% | 23.3% | 15.8% |
| P/E Multiple | 11.7 | 13.2 | 12.2% |
| Shares Outstanding (Mil) | 2 | 2 | 0.0% |
| Cumulative Contribution | 34.5% |
Market Drivers
6/30/2026 to 10/4/2026| Return | Correlation | |
|---|---|---|
| MXC | 34.5% | |
| Market (SPY) | 3.1% | 0.2% |
| Sector (XLE) | 18.3% | 12.2% |
Fundamental Drivers
The -0.4% change in MXC stock from 3/31/2026 to 10/4/2026 was primarily driven by a -20.4% change in the company's P/E Multiple.| (LTM values as of) | 3312026 | 10042026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.10 | 10.06 | -0.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 7 | 7 | 1.2% |
| Net Income Margin (%) | 18.8% | 23.3% | 23.6% |
| P/E Multiple | 16.5 | 13.2 | -20.4% |
| Shares Outstanding (Mil) | 2 | 2 | 0.0% |
| Cumulative Contribution | -0.4% |
Market Drivers
3/31/2026 to 10/4/2026| Return | Correlation | |
|---|---|---|
| MXC | -0.4% | |
| Market (SPY) | 18.6% | -18.0% |
| Sector (XLE) | 3.3% | 30.3% |
Fundamental Drivers
The 11.1% change in MXC stock from 9/30/2025 to 10/4/2026 was primarily driven by a 18.1% change in the company's P/E Multiple.| (LTM values as of) | 9302025 | 10042026 | Change |
|---|---|---|---|
| Stock Price ($) | 9.05 | 10.06 | 11.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 7 | 7 | -6.1% |
| Net Income Margin (%) | 23.2% | 23.3% | 0.2% |
| P/E Multiple | 11.1 | 13.2 | 18.1% |
| Shares Outstanding (Mil) | 2 | 2 | 0.0% |
| Cumulative Contribution | 11.1% |
Market Drivers
9/30/2025 to 10/4/2026| Return | Correlation | |
|---|---|---|
| MXC | 11.1% | |
| Market (SPY) | 16.5% | -12.3% |
| Sector (XLE) | 43.8% | 21.8% |
Fundamental Drivers
The -19.8% change in MXC stock from 9/30/2023 to 10/4/2026 was primarily driven by a -46.2% change in the company's Net Income Margin (%).| (LTM values as of) | 9302023 | 10042026 | Change |
|---|---|---|---|
| Stock Price ($) | 12.54 | 10.06 | -19.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 9 | 7 | -24.0% |
| Net Income Margin (%) | 43.2% | 23.3% | -46.2% |
| P/E Multiple | 7.0 | 13.2 | 88.1% |
| Shares Outstanding (Mil) | 2 | 2 | 4.4% |
| Cumulative Contribution | -19.8% |
Market Drivers
9/30/2023 to 10/4/2026| Return | Correlation | |
|---|---|---|
| MXC | -19.8% | |
| Market (SPY) | 86.2% | -11.6% |
| Sector (XLE) | 51.9% | 12.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| MXC Return | 56% | 33% | -26% | 25% | -11% | 2% | 73% |
| Peers Return | 129% | 36% | -7% | 3% | -34% | 39% | 177% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 104% |
Monthly Win Rates [3] | |||||||
| MXC Win Rate | 67% | 50% | 42% | 50% | 50% | 44% | |
| Peers Win Rate | 58% | 58% | 40% | 42% | 32% | 60% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| MXC Max Drawdown | -50% | -59% | -37% | -38% | -52% | -51% | |
| Peers Max Drawdown | -52% | -48% | -38% | -30% | -52% | -47% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: PED, REI, HPK, NOG, PR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 10/2/2026 (YTD)
How Low Can It Go
| Event | MXC | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -43.9% | -18.8% |
| % Gain to Breakeven | 78.3% | 23.1% |
| Time to Breakeven | 37 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -24.9% | -9.5% |
| % Gain to Breakeven | 33.2% | 10.5% |
| Time to Breakeven | 111 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -27.5% | -6.7% |
| % Gain to Breakeven | 37.8% | 7.1% |
| Time to Breakeven | 308 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -50.6% | -33.7% |
| % Gain to Breakeven | 102.3% | 50.9% |
| Time to Breakeven | 77 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -56.9% | -19.2% |
| % Gain to Breakeven | 132.3% | 23.8% |
| Time to Breakeven | 98 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -41.4% | -12.2% |
| % Gain to Breakeven | 70.7% | 13.9% |
| Time to Breakeven | 70 days | 62 days |
In The Past
Mexco Energy's stock fell -43.9% during the 2025 US Tariff Shock. Such a loss loss requires a 78.3% gain to breakeven.
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| Event | MXC | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -43.9% | -18.8% |
| % Gain to Breakeven | 78.3% | 23.1% |
| Time to Breakeven | 37 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -24.9% | -9.5% |
| % Gain to Breakeven | 33.2% | 10.5% |
| Time to Breakeven | 111 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -27.5% | -6.7% |
| % Gain to Breakeven | 37.8% | 7.1% |
| Time to Breakeven | 308 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -50.6% | -33.7% |
| % Gain to Breakeven | 102.3% | 50.9% |
| Time to Breakeven | 77 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -56.9% | -19.2% |
| % Gain to Breakeven | 132.3% | 23.8% |
| Time to Breakeven | 98 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -41.4% | -12.2% |
| % Gain to Breakeven | 70.7% | 13.9% |
| Time to Breakeven | 70 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -76.7% | -6.8% |
| % Gain to Breakeven | 329.9% | 7.3% |
| Time to Breakeven | 902 days | 15 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -43.6% | -17.9% |
| % Gain to Breakeven | 77.4% | 21.8% |
| Time to Breakeven | 140 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -29.6% | -15.4% |
| % Gain to Breakeven | 42.0% | 18.2% |
| Time to Breakeven | 181 days | 125 days |
In The Past
Mexco Energy's stock fell -43.9% during the 2025 US Tariff Shock. Such a loss loss requires a 78.3% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Mexco Energy (MXC)
Mexco Energy Corporation (MXC) is an independent oil and gas company focused on the upstream sector of the energy industry. Its primary business activities encompass the acquisition, exploration, development, and production of vital hydrocarbon resources. The company's main products include crude oil, natural gas, condensate, and natural gas liquids (NGLs), which it extracts from various geological formations and brings to market.
Operating exclusively within the United States, Mexco Energy maintains a significant footprint across numerous states. It holds partial interests in approximately 6,400 producing wells located in 14 different states, including key energy-producing regions such as Texas, New Mexico, Oklahoma, and Louisiana. As of March 31, 2021, the company reported total estimated proved reserves of approximately 1.504 million barrels of oil equivalent, indicating its resource base for serving the domestic energy market by supplying raw materials to refiners, pipelines, and other energy commodity purchasers.
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Analogy 1: Think of Mexco Energy as a much smaller, independent oil and gas producer, similar to a mini-version of a major exploration and production (E&P) company like Occidental Petroleum or EOG Resources.
Analogy 2: Essentially, it's an exploration and production company focused on finding and extracting oil and gas, operating like a scaled-down, geographically diverse ConocoPhillips.
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- Natural Gas: A fossil fuel primarily composed of methane, extracted from underground reservoirs.
- Crude Oil: Unrefined petroleum, a naturally occurring liquid found in rock formations, extracted from the earth.
- Condensate: A low-density mixture of hydrocarbon liquids that are present as gaseous components in raw natural gas.
- Natural Gas Liquids (NGLs): Hydrocarbons that are separated from natural gas in processing plants and have many commercial uses.
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Mexco Energy (MXC) sells its crude oil, natural gas, and natural gas liquids production primarily to other companies in the energy sector.
Due to the commodity nature of its products, Mexco Energy does not have specific major customers that account for a significant portion of its revenues. The company's sales are made to various purchasers at market prices, typically at the wellhead or other readily accessible points. These purchasers include a range of refiners, pipeline operators, utility companies, and other industrial consumers of crude oil, natural gas, and natural gas liquids.
The company's public filings indicate that it does not expect the loss of any single purchaser to have a material adverse effect on its financial condition or results of operations, suggesting a diversified customer base within the commodity market rather than reliance on a few specific major customers.
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Nicholas C. Taylor, Chairman of the Board and Chief Executive Officer
Mr. Taylor was elected Chief Executive Officer, President, Treasurer, and Director of Mexco Energy Corporation in April 1983. He was elected Chairman of the Board in September 2011. Since July 1993, Mr. Taylor has been involved in the independent practice of law and other business activities, including independent oil and gas exploration and production. For over 19 years prior to that, he was a director and shareholder of the law firm of Stubbeman, McRae, Sealy, Laughlin & Browder, Inc., in Midland, Texas, and a partner of its predecessor firm. He was appointed by the Governor of Texas to the State Securities Board in 1995, serving until 2004, and was appointed to the Texas Ethics Commission in November 2005, serving until February 2010. Mr. Taylor beneficially owns approximately 46% of the outstanding shares of Mexco Energy Corporation.
Tamala L. McComic, President, Chief Financial Officer, Treasurer, and Assistant Secretary
Ms. McComic, a Certified Public Accountant, joined Mexco Energy Corporation in July 2001 as Controller. She was elected President and Chief Financial Officer in September 2011. Prior to this, she served as Executive Vice President and Chief Financial Officer from 2009 to 2011, and Vice President and Chief Financial Officer from 2003 to 2009. From 1994 to 2001, Ms. McComic was Regional Controller and Credit Manager for Transit Mix Concrete & Materials Company, a subsidiary of Trinity Industries, Inc.
Donna Gail Yanko, Vice President
Ms. Yanko was appointed to the position of Vice President of Mexco Energy Corporation in 1990.
Stacy D. Hardin, Corporate Secretary and Assistant Treasurer
Ms. Hardin joined Mexco Energy Corporation in 2006. She was elected Corporate Secretary of the Company in September 2021 and has served as Assistant Treasurer since 2010. From 2006 to 2021, she held the role of Assistant Secretary, and prior to that, she served as Assistant Controller.
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The key risks to Mexco Energy (MXC) are primarily associated with the inherent nature of the oil and gas industry and its operational model.
- Volatility of Oil and Gas Prices: Mexco Energy's financial condition, results of operations, earnings, and reserve valuations are highly sensitive to the fluctuating market prices of crude oil and natural gas. Prices for these commodities are inherently volatile and unpredictable, influenced by global demand, supply, and geopolitical factors. Recent reports have indicated that declines in oil prices have directly led to decreases in the company's net income and operating revenues.
- Need to Develop and Replace Reserves: As an oil and gas company, Mexco Energy's long-term success depends on its ability to continually find, develop, and acquire new oil and gas reserves to offset natural production declines from existing wells. There is a risk that the company may not be able to develop and replace its reserves effectively, which could negatively impact its future production volumes and financial performance.
- Dependence on Third-Party Operators: Mexco Energy often owns partial interests in producing wells and relies on third-party operators for drilling, development, and production activities. This dependence means Mexco Energy has limited control over operational decisions, drilling schedules, and costs, which could affect its ability to manage its investments and realize expected returns.
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Mexco Energy Corporation's addressable markets for its main products and services are within the United States, given its operational focus on the acquisition, exploration, development, and production of natural gas, crude oil, condensate, and natural gas liquids across various U.S. states. Here are the estimated market sizes for these products:
Crude Oil Market in the U.S.
The overall U.S. oil and gas market was valued at approximately USD 1.55 trillion in 2024 and is projected to increase to around USD 2.24 trillion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 3.75% between 2025 and 2034. For crude oil specifically, the United States produced an average of 12.9 million barrels per day (b/d) in 2023, setting a new U.S. and global record. As of 2024, the U.S. consumes approximately 20,463,721 barrels per day of oil and produces around 22,844,371 barrels per day.
Natural Gas Market in the U.S.
The U.S. natural gas market is projected to reach approximately US$473.4 billion in 2025 and is expected to grow to US$601.8 billion by 2032, with a CAGR of 3.5% during this forecast period. In 2024, the U.S. natural gas distribution market alone was valued at USD 170.0 billion and is anticipated to reach USD 186.0 billion by 2032. Natural gas consumption in the U.S. reached a record 91.4 billion cubic feet per day (Bcf/d) in 2025. U.S. dry natural gas production reached 108.0 Bcf/d in July 2025.
Natural Gas Liquids (NGLs) Market in the U.S.
The U.S. natural gas liquids (NGL) market was estimated at USD 5.9 billion in 2024. It is projected to grow from USD 6.22 billion in 2025 to USD 10.6 billion by 2035, demonstrating a CAGR of 5.4% during this period. North America, with the U.S. as its top performer, accounted for 92.8% of the regional NGL market share in 2024. The North American NGL market is expected to grow from USD 7.08 billion in 2024 to USD 11.53 billion in 2033. In 2023, North America produced over 10 million barrels per day (bpd) of NGLs, representing more than 80% of global NGL production, with the U.S. leading in both production and consumption.
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For Mexco Energy Corporation (MXC), several key drivers are expected to contribute to future revenue growth over the next 2-3 years:
- Increased Production Volumes: Mexco Energy has demonstrated a commitment to increasing its oil and natural gas production volumes. For instance, in the first quarter of fiscal year 2026, the company reported a 21% increase in total production volumes, with oil production rising by 16% and natural gas production by 25% compared to the prior year. This trend is expected to continue, supported by ongoing drilling programs.
- Strategic Investment in Horizontal Drilling Programs: The company consistently invests in new drilling initiatives. For the fiscal year ending March 31, 2026, Mexco Energy plans to participate in the drilling of 35 horizontal wells and complete 17 wells, with an estimated aggregate cost of approximately $1.2 million. This investment in new wells is a direct driver for increasing future production capacity and, consequently, revenue.
- Acquisitions of Royalty and Mineral Interests: Mexco Energy's strategy includes the acquisition of royalty and mineral interests, which helps to expand its asset base and proved reserves while mitigating geological risk. In fiscal year 2025, the company acquired various royalty and mineral interests across several states, and it plans to expend approximately $650,000 for additional royalty and mineral interest acquisitions in fiscal year 2026. These acquisitions contribute to sustained revenue through diversified interests in producing wells.
- Favorable Natural Gas Prices: While oil prices can be volatile and have seen recent declines, Mexco Energy has benefited from increases in natural gas prices. In Q1 fiscal 2026, higher natural gas prices, which surged by 62%, significantly contributed to operating revenue growth, partially offsetting a decrease in oil prices. Given that Mexco Energy operates as an independent oil and gas company producing both commodities, sustained or increasing natural gas prices will be a driver of revenue.
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Share Repurchases
- Mexco Energy completed the repurchase of 57,766 shares for $0.7 million under a buyback plan announced on April 30, 2024.
Capital Expenditures
- For the fiscal year ending March 31, 2026, Mexco Energy expects to participate in the drilling and completion of fifty horizontal wells at an estimated aggregate cost of approximately $1.6 million, with $0.9 million expended as of December 31, 2025.
- Approximately $450,000 has been expended for royalty and mineral interest acquisitions during fiscal year 2026.
- Capital expenditures for the fiscal year ending March 31, 2025, were reported as $3 million.
Peer Outperformance in Oil & Gas Exploration & Production
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| MXC | Mexco Energy | -7.6% | 13.2x | 15.7% | -17.5% | -14.0% | — |
| OXY | Occidental Petroleum | -10.4% | 8.0x | 32.1% | 3.3% | 90.5% | +104pp |
| OVV | Ovintiv | -5.9% | 18.4x | 53.9% | 48.9% | 88.9% | +103pp |
| MUR | Murphy Oil | -7.1% | 18.4x | 28.7% | 0.7% | 63.9% | +78pp |
| CRK | Comstock Resources | -6.0% | 7.0x | -40.4% | 19.3% | 23.7% | +38pp |
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Oil & Gas Refining & Marketing | 11 | 122.3% | 143.4% | 393.3% | MPC 646% · PBF 583% · VLO 538% |
| Integrated Oil & Gas | 7 | 41.2% | 66.1% | 217.2% | IMO 328% · SU 290% · CVE 242% |
| Oil & Gas Storage & Transportation | 18 | 23.8% | 115.9% | 172.1% | INSW 947% · LPG 856% · TRGP 500% |
| Oil & Gas Equipment & Services | 34 | 32.3% | 24.0% | 80.4% | SEI 966% · FTI 787% · TDW 560% |
| Coal & Consumable Fuels | 14 | -21.6% | 26.3% | 64.9% | EU 923% · CCJ 293% · LEU 258% |
| Oil & Gas Drilling | 7 | 50.5% | 3.9% | 49.8% | VAL 119% · PDS 103% · NE 72% |
| Oil & Gas Exploration & Production ← | 51 | 19.5% | 10.8% | 44.3% | KGEI 9647% · OBE 6280% · EP 2513% |
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Mexco Energy Earnings Notes | 12/16/2025 | |
| With Mexco Energy Stock Surging, Have You Considered The Downside? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 11.54 |
| Mkt Cap | 0.6 |
| Rev LTM | 609 |
| Op Inc LTM | 118 |
| FCF LTM | 10 |
| FCF 3Y Avg | 5 |
| CFO LTM | 275 |
| CFO 3Y Avg | 383 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -3.1% |
| Rev Chg 3Y Avg | 3.6% |
| Rev Chg Q | 26.3% |
| QoQ Delta Rev Chg LTM | 7.0% |
| Op Inc Chg LTM | -3.9% |
| Op Inc Chg 3Y Avg | -13.5% |
| Op Mgn LTM | 25.9% |
| Op Mgn 3Y Avg | 30.1% |
| QoQ Delta Op Mgn LTM | 5.2% |
| CFO/Rev LTM | 52.8% |
| CFO/Rev 3Y Avg | 57.6% |
| FCF/Rev LTM | 2.7% |
| FCF/Rev 3Y Avg | 3.4% |
Price Behavior
| Market Price | $10.06 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 03/05/1997 | |
| Distance from 52W High | -33.0% | |
| 50 Days | 200 Days | |
| DMA Price | $9.91 | $9.78 |
| DMA Trend | up | up |
| Distance from DMA | 1.5% | 2.9% |
| 3M | 1YR | |
| Volatility | 50.0% | 68.0% |
| Downside Capture | -115.45 | -63.06 |
| Upside Capture | 14.46 | -34.05 |
| Correlation (SPY) | 1.0% | -12.2% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.10 | -0.07 | -0.01 | -0.71 | -0.64 | -0.50 |
| Up Beta | -4.29 | -1.71 | -0.17 | -1.58 | -1.83 | -0.86 |
| Down Beta | 5.91 | 4.74 | 3.18 | 1.05 | -0.06 | -0.15 |
| Up Capture | -6% | 29% | 3% | -49% | -20% | -5% |
| Bmk +ve Days | 6 | 16 | 27 | 66 | 132 | 424 |
| Stock +ve Days | 11 | 23 | 37 | 61 | 122 | 328 |
| Down Capture | -9% | -100% | -205% | -144% | -92% | -158% |
| Bmk -ve Days | 16 | 26 | 37 | 60 | 120 | 328 |
| Stock -ve Days | 10 | 18 | 26 | 62 | 121 | 380 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MXC | |
|---|---|---|---|---|
| MXC | 16.1% | 67.8% | 0.50 | - |
| Sector ETF (XLE) | 44.0% | 22.0% | 1.57 | 21.9% |
| Equity (SPY) | 16.2% | 13.0% | 0.88 | -12.8% |
| Gold (GLD) | 6.8% | 29.6% | 0.22 | 13.4% |
| Commodities (DBC) | 44.9% | 20.8% | 1.67 | 34.7% |
| Real Estate (VNQ) | 1.5% | 13.6% | -0.15 | -17.9% |
| Bitcoin (BTCUSD) | -28.9% | 44.3% | -0.64 | -4.4% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MXC | |
|---|---|---|---|---|
| MXC | 8.5% | 82.0% | 0.42 | - |
| Sector ETF (XLE) | 24.0% | 25.5% | 0.82 | 24.1% |
| Equity (SPY) | 13.1% | 17.2% | 0.58 | -2.3% |
| Gold (GLD) | 18.4% | 18.9% | 0.79 | 13.3% |
| Commodities (DBC) | 10.3% | 19.6% | 0.41 | 31.5% |
| Real Estate (VNQ) | 0.7% | 18.8% | -0.07 | -0.1% |
| Bitcoin (BTCUSD) | 14.6% | 52.2% | 0.45 | -4.5% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MXC | |
|---|---|---|---|---|
| MXC | 14.4% | 98.8% | 0.53 | - |
| Sector ETF (XLE) | 10.6% | 29.6% | 0.39 | 25.2% |
| Equity (SPY) | 15.3% | 17.9% | 0.72 | 8.6% |
| Gold (GLD) | 11.5% | 16.4% | 0.57 | 8.7% |
| Commodities (DBC) | 8.2% | 18.1% | 0.37 | 27.3% |
| Real Estate (VNQ) | 4.2% | 20.7% | 0.16 | 8.5% |
| Bitcoin (BTCUSD) | 64.1% | 66.2% | 1.04 | 0.8% |
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Returns Analyses
Earnings Returns History
Updated 9/15/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/12/2026 | -3.3% | 1.0% | 11.2% |
| 2/10/2026 | -5.7% | -1.6% | 7.9% |
| 11/12/2025 | -3.8% | -7.2% | 4.6% |
| 8/12/2025 | -2.7% | -5.1% | 2.4% |
| 6/27/2025 | -2.7% | -7.8% | -8.2% |
| 2/7/2025 | -3.0% | -2.5% | -24.2% |
| 11/7/2024 | 2.1% | 8.1% | -0.8% |
| 8/8/2024 | 2.3% | -7.9% | -8.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 6 | 6 | 8 |
| # Negative | 14 | 14 | 12 |
| Median Positive | 3.4% | 4.0% | 7.1% |
| Median Negative | -3.1% | -6.4% | -8.0% |
| Max Positive | 14.2% | 8.1% | 97.5% |
| Max Negative | -20.5% | -19.7% | -25.9% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/12/2026 | -3.3% | 1.0% | 11.2% |
| 2/10/2026 | -5.7% | -1.6% | 7.9% |
| 11/12/2025 | -3.8% | -7.2% | 4.6% |
| 8/12/2025 | -2.7% | -5.1% | 2.4% |
| 6/27/2025 | -2.7% | -7.8% | -8.2% |
| 2/7/2025 | -3.0% | -2.5% | -24.2% |
| 11/7/2024 | 2.1% | 8.1% | -0.8% |
| 8/8/2024 | 2.3% | -7.9% | -8.5% |
| 2/9/2024 | -1.5% | 0.6% | -1.6% |
| 8/10/2023 | -4.8% | -1.0% | -6.2% |
| 2/10/2023 | 8.6% | -0.2% | -7.7% |
| 11/9/2022 | -2.6% | 6.6% | -13.5% |
| 8/15/2022 | -4.7% | -8.2% | 0.5% |
| 6/27/2022 | 4.6% | -5.6% | 12.2% |
| 2/8/2022 | -2.6% | 1.4% | 97.5% |
| 11/5/2021 | -0.2% | -2.9% | -24.6% |
| 8/11/2021 | 2.0% | -7.9% | -0.8% |
| 6/25/2021 | 14.2% | 7.1% | -4.9% |
| 2/10/2021 | -20.5% | -19.7% | -25.9% |
| 11/5/2020 | -4.4% | -8.5% | 6.3% |
| SUMMARY STATS | |||
| # Positive | 6 | 6 | 8 |
| # Negative | 14 | 14 | 12 |
| Median Positive | 3.4% | 4.0% | 7.1% |
| Median Negative | -3.1% | -6.4% | -8.0% |
| Max Positive | 14.2% | 8.1% | 97.5% |
| Max Negative | -20.5% | -19.7% | -25.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/12/2026 | 10-Q |
| 03/31/2026 | 06/29/2026 | 10-K |
| 12/31/2025 | 02/10/2026 | 10-Q |
| 09/30/2025 | 11/12/2025 | 10-Q |
| 06/30/2025 | 08/12/2025 | 10-Q |
| 03/31/2025 | 06/27/2025 | 10-K |
| 12/31/2024 | 02/07/2025 | 10-Q |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 06/27/2024 | 10-K |
| 12/31/2023 | 02/09/2024 | 10-Q |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 06/26/2023 | 10-K |
| 12/31/2022 | 02/10/2023 | 10-Q |
| 09/30/2022 | 11/09/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/12/2026 | 10-Q |
| 03/31/2026 | 06/29/2026 | 10-K |
| 12/31/2025 | 02/10/2026 | 10-Q |
| 09/30/2025 | 11/12/2025 | 10-Q |
| 06/30/2025 | 08/12/2025 | 10-Q |
| 03/31/2025 | 06/27/2025 | 10-K |
| 12/31/2024 | 02/07/2025 | 10-Q |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 06/27/2024 | 10-K |
| 12/31/2023 | 02/09/2024 | 10-Q |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 06/26/2023 | 10-K |
| 12/31/2022 | 02/10/2023 | 10-Q |
| 09/30/2022 | 11/09/2022 | 10-Q |
| 06/30/2022 | 08/15/2022 | 10-Q |
| 03/31/2022 | 06/27/2022 | 10-K |
| 12/31/2021 | 02/08/2022 | 10-Q |
| 09/30/2021 | 11/05/2021 | 10-Q |
| 06/30/2021 | 08/11/2021 | 10-Q |
| 03/31/2021 | 06/25/2021 | 10-K |
| 12/31/2020 | 02/10/2021 | 10-Q |
| 09/30/2020 | 11/05/2020 | 10-Q |
| 06/30/2020 | 08/06/2020 | 10-Q |
| 03/31/2020 | 06/26/2020 | 10-K |
| 12/31/2019 | 02/12/2020 | 10-Q |
| 09/30/2019 | 11/13/2019 | 10-Q |
Recent Forward Guidance
Updated 10/4/2026Latest: Q1 2027 Earnings Reported 8/12/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2027 Horizontal Wells Drilled | Reported | 53 | ||||||
| 2027 Horizontal Wells Completed | Reported | 20 | ||||||
| 2027 Capital Expenditures | Reported | 1.80 Mil | 12.5% | Higher New | Guidance: 1.60 Mil for 2026 | |||
Prior: Q3 2026 Earnings Reported 2/10/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Capital Expenditures | Reported | 1.60 Mil | 60.0% | Raised | Guidance: 1.00 Mil for 2026 | |||
Q2 2026 Earnings Reported 11/12/2025
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Capital Expenditures | Reported | 1.00 Mil | -16.7% | Lowered | Guidance: 1.20 Mil for 2026 | |||
Insider Activity
Updated 4/26/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Decker, Thomas H | Direct | Sell | 3092026 | 14.07 | 5,000 | 70,375 | 258,980 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Decker, Thomas H | Direct | Sell | 3092026 | 14.07 | 5,000 | 70,375 | 258,980 | Form |
Industry Resources
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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