Mexco Energy Reports $565,457 Net Income on 2% Revenue Increase for First Six Months
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.
Mexco Energy Corporation reported net income of $565,457, or $0.27 per diluted share, for the six months ending September 30, 2025. Operating revenues for the first six months of fiscal 2026 were $3,548,919, representing a 2% increase compared to the same period in fiscal 2025. The increase in revenues was primarily attributed to higher contributions from a recent limited liability company investment, an increase in average gas prices, and higher oil and natural gas production volumes, partially offset by a decrease in average oil prices. Oil accounted for 76% of the company’s operating revenues during this period. Additionally, Mexco has expended approximately $450,000 during fiscal 2026 on royalty and mineral interest acquisitions in 63 producing wells across Colorado, Louisiana, New Mexico, and Texas. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mexco Energy Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-021979), on November 12, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
