8.86
-0.56%
Close of 9 Nov 2026, in USD
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About Mexco Energy
From its filings with the US Securities and Exchange Commission
Mexco Energy is based in Midland, Texas and is incorporated in Colorado. Its shares trade on NYSE under the ticker MXC. The SEC classifies its business as crude petroleum & natural gas. In the fiscal year to 31 March 2026, it reported revenue of $6.6m and net income of $1.3m. At that date it held total assets of $21.7m and shareholders' equity of $20.0m.
48,000 BOE from proved undeveloped to proved developed – producing with a capital cost of approximately $119,000.
March 31, 2026, the closing sales price of our common stock on the NYSE American was $10.22 per share.
2026, the Company’s repurchase program approved in April 2024 had $296,784 in remaining funds.
57,766 shares of our stock for the treasury account, and received proceeds of $77,641 from the exercise of employee stock options.
Spring formation of the Delaware Basin in Lea County, New Mexico. Mexco’s working interest in these wells is .04%.
A formation of the Delaware Basin in Reeves County, Texas. Mexco’s working interest in these wells is .8%.
New Mexico for a purchase price of $240,300. These acquisitions were effective November 1, 2025.
Martin County, Texas for a purchase price of $18,300. These acquisitions were effective December 1, 2025.
March 31, 2026, the WTI posted price for crude oil was $97.36 per bbl and the Henry Hub spot price for natural gas was $2.88 per MMBtu.
This increase resulted primarily from higher earnings from one of the Company’s limited liability companies.
Quoted from its 10-K, filed 29 Jun 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Energy
- Industry
- Oil, Gas & Consumable Fuels
- Listed since
- 7 Feb 1994
- Employees
- 3
- Website
- mexcoenergy.com ↗
- Head office
- 415 WEST WALL STREET, MIDLAND, TX, 79701
- Incorporated in
- CO
- Classification
- Crude Petroleum & Natural Gas
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Nicholas TaylorChairman of the Board, Chief Executive Officer, since 1983$4,500
- Ms. Tamala McComicPresident, Chief Financial Officer, Treasurer, Assistant Secretary$293,192
- Ms. Donna YankoVice President, since 1986$1,200
- Ms. Stacy HardinAssistant Treasurer, Secretary$88,800
- Mr. Thomas CraddickDirector$6,000
- Mr. Michael BanschbachIndependent Director$6,000
- Mr. Kenneth ClaytonIndependent Director$6,000
- Mr. Thomas DeckerIndependent Director$6,000
- Mr. Christopher SchroederIndependent Director$6,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Mexco Energy Corp. operates in the Delaware Basin with 14 states of oil and gas properties.
- The company owns producing properties and undeveloped acreage across 14 states.
- Mexco Energy Corp. has subsidiaries including Forman Energy Corporation and TBO Oil & Gas, LLC.
Weaknesses
- Mexco Energy Corp. employs only 3 full-time employees in Midland, Texas.
- The company has limited workforce with only 3 employees for operations across 14 states.
- Mexco Energy Corp. has a small team of 3 employees managing extensive acreage.
Opportunities
- Mexco Energy Corp. can expand in the Delaware Basin in New Mexico and Texas counties.
- The company can develop undeveloped acreage in the Midland Basin counties.
- Mexco Energy Corp. may acquire more oil and gas leases in favorable exploration areas.
Threats
- Mexco Energy Corp. faces competition in the Permian Basin oil and gas market.
- The company's small size could limit its ability to compete with larger firms.
- Mexco Energy Corp. operates in a volatile energy sector with fluctuating prices.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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