MEXCO ENERGY CORP

Listed Company

MXCCIK 0000066418NYSENon-AcceleratedSmaller ReportingCrude Petroleum & Natural GasColoradoFY ends Mar 31

Period

FY 2026

Revenue

$6.56M

Net Income

$1.31M

Total Assets

$21.69M

Equity

$19.99M

Shares Out

2.05M

Op. Cash Flow

$3.78M

MXC$8.80+9.05% · past yearDBEQ Basic

Daily closing prices

Business

Mexco Energy Corporation is an independent oil and gas company engaged in the acquisition, exploration, development, and production of crude oil and natural gas properties in the United States. The company acquires and holds working interests, royalty interests, and mineral interests in producing and non-producing oil and gas leases, with all operations conducted by third-party operators. Primary focus areas are the Delaware Basin and Midland Basin within the Permian Basin in Texas and New Mexico, with additional properties across fourteen states.

Summary from 10-K filed 2026-06-29

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-03-31	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-03-31	FY 2022 2022-03-31
Total operating revenues	7	7	7	10	7
Production	1	2	2	2	1
Accretion of asset retirement obligation	32,168	29,983	29,869	30,532	28,560
Depreciation, depletion and amortization	3	2	2	2	1
General and administrative	1	1	1	1	949,079
Total operating expenses	5	5	5	5	4
Operating income	1	2	2	5	3
Income from investments in LLCs	329,102	217,627	—	—	—
Interest income	89,341	72,629	135,476	8,009	340
Interest expense	−4,379	−6,150	−5,234	—	—
Net other income	414,064	284,106	130,242	−5,088	−26,172
Income before provision for income taxes	2	2	2	5	3
Provision for income taxes	379,043	304,330	620,544	164,510	102,356
Net income	1	2	1	5	3
Basic: (per share)	0.64	0.83	0.64	2.17	1.36
Diluted: (per share)	0.63	0.81	0.62	2.11	1.32
Basic: (shares)	2	2	2	2	2
Diluted: (shares)	2	2	2	2	2
Dividends declared per share	0.1	0.1	0.1	—	—

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2026 2026-03-31	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-03-31	FY 2022 2022-03-31
Cash and cash equivalents	3	2	2	2	1
Oil and natural gas sales	1	1	1	1	1
Trade	111,494	67,951	1	7,031	—
Prepaid drilling	204,218	24,381	148,748	67,951	—
Prepaid costs and expenses	68,846	60,981	56,193	56,502	52,636
Total current assets	4	3	4	4	3
Oil and gas properties, using the full cost method	54	52	48	45	40
Other	125,501	121,926	121,926	121,926	120,208
Accumulated depreciation, depletion and amortization	−39	−37	−34	−32	−30
Property and equipment, net	15	15	14	13	10
Investment cost basis	3	2	1	700,000	275,000
Operating lease right-of-use asset	75,522	126,525	19,263	75,629	129,923
Other noncurrent assets	12,325	4,298	8,597	12,156	13,156
Total assets	22	20	19	18	13
Accounts payable and accrued expenses	379,929	307,387	221,603	201,897	209,469
Income tax payable	17,203	192,802	189,254	—	—
Operating lease liability, current	55,787	51,003	19,263	56,366	54,294
Total current liabilities	452,919	551,192	430,120	258,263	263,763
Operating lease liability, long-term	19,735	75,522	—	19,263	75,629
Deferred income tax liability	533,673	320,604	311,661	—	—
Asset retirement obligations	699,317	688,842	688,808	710,276	720,512
Total long-term liabilities	1	1	1	729,539	796,141
Total liabilities	2	2	1	987,802	1
Commitments and contingencies	—	—	—	—	—
Preferred stock - $1.00 par value; 10,000,000 shares authorized; none outstanding	—	—	—	—	—
Common stock - $0.50 par value; 40,000,000 shares authorized; 2,239,283 shares issued and 2,046,000 shares outstanding as of March 31, 2026 and 2025	1	1	1	1	1
Additional paid-in capital	9	9	9	8	8
Retained earnings	12	11	9	8	3
Treasury stock, at cost (193,283 shares)	−2	−2	−1	−590,495	−346,001
Total stockholders equity	20	19	18	17	12
Total liabilities and stockholders equity	22	20	19	18	13

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-03-31	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-03-31	FY 2022 2022-03-31
Deferred income tax expense	213,069	8,943	311,661	—	—
Stock-based compensation	174,000	205,639	229,799	142,783	87,573
Amortization of debt issuance costs	4,343	4,299	4,309	12,570	12,526
Increase in accounts receivable	−217,796	−170,644	362,920	−63,678	−658,351
Decrease (increase) in right-of-use asset	51,003	−107,262	56,366	54,294	−109,062
Increase in prepaid expenses	−7,866	−4,788	309	−8,866	−4,740
(Decrease) increase in accounts payable and accrued expenses	−33,087	69,059	16,198	−33,475	95,140
(Decrease) increase in operating lease liability	−51,003	107,262	−56,366	−54,294	107,959
(Decrease) increase in income tax payable	−175,599	3,548	189,254	—	—
Settlement of asset retirement obligations	−39,629	−41,480	−25,078	−80,720	−15,699
Net cash provided by operating activities	4	4	4	7	4
Additions to oil and gas properties	−2	−3	−3	−5	−2
Additions to other property and equipment	−3,575	—	—	−1,718	—
Drilling refund	54,368	59,471	26,194	295,679	241,702
Investment in limited liability companies at cost	−427,429	−1	−400,000	−425,000	−75,000
Proceeds from sale of oil and gas properties and equipment	25,901	202,570	306,633	—	11,969
Net cash used in investing activities	−3	−4	−3	−5	−2
Proceeds from exercise of stock options	—	77,641	19,662	16,700	458,570
Proceeds from long-term debt	—	650,000	275,000	675,000	275,000
Debt issuance costs	−12,370	—	−750	−12,200	—
Dividends paid	−204,600	−209,000	−213,600	—	—
Acquisition of treasury stock	—	−703,216	−585,035	−244,494	—
Reduction of long-term debt	—	−650,000	−275,000	−675,000	−1
Net cash used in financing activities	−216,970	−834,575	−779,723	−209,815	−721,430
Net increase (decrease) in cash and cash equivalents	1	−719,529	237,713	865,005	1
Cash paid for interest	36	1,852	925	528	14,834
Cash paid for income taxes	362,802	228,487	—	—	—
Accrued capital expenditures included in accounts payable	144,047	38,417	21,693	28,186	2,280
Asset retirement obligations	9,592	5,231	7,617	23,492	14,333

Filings

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Frequently asked questions

What is MEXCO ENERGY CORP's CIK number?

MEXCO ENERGY CORP's SEC CIK number is 0000066418 (66418). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find MEXCO ENERGY CORP's SEC filings?

All of MEXCO ENERGY CORP's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did MEXCO ENERGY CORP last report earnings?

MEXCO ENERGY CORP (MXC) most recently filed an earnings 8-K with the SEC on Jun 29, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001493152-26-030388). This is MEXCO ENERGY CORP's most recent earnings filing of record — not a forecast of its next earnings date.

What is MEXCO ENERGY CORP's most recent earnings 8-K?

MEXCO ENERGY CORP's latest earnings 8-K (Item 2.02) was filed Jun 29, 2026 under accession 0001493152-26-030388. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View MEXCO ENERGY CORP's latest earnings 8-K →
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