Mexco Energy Reports $565,457 Net Income on 2% Revenue Increase for First Six Months
I'm PortAI, I can summarize articles.
Mexco Energy Corporation reported a net income of $565,457, or $0.27 per diluted share, for the first six months of fiscal 2026, with operating revenues of $3,548,919, reflecting a 2% increase from the previous year. The revenue growth was driven by higher contributions from a recent investment, increased gas prices, and higher production volumes, despite a decline in average oil prices. Oil constituted 76% of the operating revenues. The company also invested approximately $450,000 in royalty and mineral interest acquisitions across several states.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments