MEXCO ENERGY CORP

MEXCO ENERGY CORP (MXC) is a publicly listed company on US equity markets.

Mexco Energy Corporation is an independent oil and gas company. It is engaged in the acquisition, exploration, development, and production of natural gas and crude oil properties located in the United States. The company carried out its operation in the Permian Basin of West Texas. It is focusing on two primary areas, the Delaware Basin located in the Western portion of the Permian Basin including Lea and Eddy Counties, New Mexico and Loving County, Texas, and the Midland Basin located in the Eastern portion of the Permian Basin including Reagan, Upton, Midland, Martin, Howard, and Glasscock Counties, Texas. The company generates revenue from Oil sales, Natural gas sales, oil and gas royalty interests.

The company reports trailing twelve-month revenue of $2.71M and net income of $50,245.

Key metrics include a return on equity of 0.3%, a debt-to-equity ratio of 0.07.

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