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MXC - Mexco Energy Corp
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Mexco Energy Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of natural gas, crude oil, condensate, and natural gas liquids in the United States. It owns partial interests in approximately 6,300 producing wells located in the states of Texas, New Mexico, Oklahoma, Louisiana, Ohio, Alabama, Mississippi, Arkansas, Wyoming, Kansas, Colorado, Montana, Virginia, and North Dakota. As of March 31, 2020, the company's total estimated proved reserves were approximately 1.816 million barrels of oil equivalent. It also owned leasehold mineral and royalty interests in approximately 3,402 net acres. The company was formerly known as Miller Oil Company and changed its name to Mexco Energy Corporation in April 1980. Mexco Energy Corporation was founded in 1972 and is based in Midland, Texas.
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    11/5/2021MXC
    Mexco Energy Corporation Reports Financial Results for Profitable Second Quarter

    MIDLAND, TX, Nov. 05, 2021 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE American: MXC) today reported net income of $1,103,834, or $0.52 per diluted share, for the six months ended September 30, 2021, compared to a net loss of $341,640, or $0.17 per diluted share, for the six months ended September 30, 2020. Operating revenues were $2,817,679 for the six months ended September 30, 2021, a 180% increase from $1,006,498 for the September 30, 2020 six month period resulting from a 29% increas

    08/11/2021MXC
    Mexco Energy Corporation Reports Financial Results for Profitable First Quarter

    MIDLAND, TX, Aug. 11, 2021 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE American: MXC) today reported operating revenues in the first quarter of fiscal 2022 increased 241% to $1,264,198 from $370,456 for the first quarter of fiscal 2021. This increase resulted from a 34% increase in oil production and a 13% increase in natural gas production as well as the average sales price of oil and natural gas for the quarter ending June 30, 2021 to $63.94 per barrel (a 161% increase) and $2.98 per Mc

    06/25/2021MXC
    MEXCO ENERGY CORPORATION REPORTS FINANCIAL RESULTS FOR FISCAL 2021

    MIDLAND, TX, June 25, 2021 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE American: MXC) reported results on its Annual Report, Form 10-K to the Securities and Exchange Commission (“SEC”) for the fiscal year ended March 31, 2021. Operating revenues in fiscal 2021 were $2,799,004, an increase of 2% when compared to fiscal 2020 operating revenues of $2,738,540. This is the result of a 14% increase in oil production, a 10% increase in natural gas production and a 64% increase in natural gas pri

    02/26/2021MXC
    Shares in David Beckham-backed cannabis company soar on London debut

    Shares in cannabis skin care company Cellular Goods, which is backed by retired soccer star David Beckham, soared more than fourfold as it started trading on the London Stock Exchange on Friday, after raising £13 million ($18.4 million) in an initial public offering. The stock spiked 310% to 20.50 pence at the market open in London, up from its IPO price of 5 pence, which had valued the company at more than £25 million. Cellular Goods plans to make skin care and athletic recovery products from...

    02/16/2021MXC
    Medical cannabis company Kanabo soars in London market debut

    Shares in Kanabo Group more than doubled in value on Tuesday, after the maker of vaporization and inhalation technology for cannabis made its stock market debut in London, highlighting investor appetite for exposure to the fast-growing sector. Tel-Aviv-based Kanebo is going public via a merger with special-purpose acquisition corporation Spinnaker Opportunities Plc. SPACs, or blank-check companies, raise money in an initial public offering and then have about two years to acquire a business or ...

    02/10/2021MXC
    Mexco Energy Corporation Reports Financial Results for the Third Quarter

    MIDLAND, TX, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE American: MXC) today reported net income of $80,497 for the quarter ending December 31, 2020, the Company’s third quarter of fiscal 2021. This compares to net income of $35,196 for the quarter ending December 31, 2019. Operating revenues, in the third quarter of fiscal 2021 were $699,894, compared to $769,778 for the second quarter of fiscal 2020. This is the result of a 13% increase in oil production, an 8% increase i...