Mexco Engy | 10-Q: FY2026 Q2 Revenue: USD 1.735 M

Revenue: As of FY2026 Q2, the actual value is USD 1.735 M.

EPS: As of FY2026 Q2, the actual value is USD 0.16.

EBIT: As of FY2026 Q2, the actual value is USD 343.65 K.

Segment Revenue

• Oil Sales: $1,302,105 for the three months ended September 30, 2025, compared to $1,521,618 for the same period in 2024. For the six months ended September 30, 2025, oil sales were $2,698,042 compared to $3,031,922 in 2024.
• Natural Gas Sales: $322,461 for the three months ended September 30, 2025, compared to $174,235 for the same period in 2024. For the six months ended September 30, 2025, natural gas sales were $681,258 compared to $351,987 in 2024.
• Other Revenues: $110,177 for the three months ended September 30, 2025, compared to $53,374 for the same period in 2024. For the six months ended September 30, 2025, other revenues were $169,619 compared to $93,153 in 2024.

Operational Metrics

• Net Income: $323,506 for the three months ended September 30, 2025, compared to $317,198 for the same period in 2024. For the six months ended September 30, 2025, net income was $565,457 compared to $608,237 in 2024.
• Operating Income: $362,696 for the three months ended September 30, 2025, compared to $409,196 for the same period in 2024. For the six months ended September 30, 2025, operating income was $694,422 compared to $785,158 in 2024.
• Operating Expenses: Total operating expenses were $1,372,047 for the three months ended September 30, 2025, compared to $1,340,031 for the same period in 2024. For the six months ended September 30, 2025, operating expenses were $2,854,497 compared to $2,691,904 in 2024.

Cash Flow

• Operating Cash Flow: Net cash provided by operating activities was $2,067,549 for the six months ended September 30, 2025, compared to $2,006,405 for the same period in 2024.
• Investing Cash Flow: Net cash used in investing activities was - $870,212 for the six months ended September 30, 2025, compared to - $2,066,957 for the same period in 2024.
• Financing Cash Flow: Net cash used in financing activities was - $204,600 for the six months ended September 30, 2025, compared to - $834,575 for the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: Mexco Energy Corporation plans to participate in the drilling and completion of forty-six horizontal wells and one vertical well at an estimated cost of approximately $1,000,000 for the fiscal year ending March 31, 2026. The focus is on acquiring and developing oil and gas properties with potential for long-lived production.
• Non-Core Business: The company is reviewing projects for potential participation, funded through existing cash balances, cash flow from operations, borrowings on the credit facility, and sales of non-core properties.