MIDLAND, TX, May 13, 2025 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE American: MXC) announced today that its Board of Directors declared a regular annual cash dividend of $0.10 per common share. The dividend is payable June 16, 2025 to the stockholders of record at the close of business on June 2, 2025. Mexco Energy Corporation, a Colorado corporation, is an independent oil and gas company located in Midland, Texas engaged in the acquisition, exploration and development of oil and gas properties pri ...

Financial Performance - Mexco Energy Corporation reported a net income of $1,077,370, or $0.51 per diluted share, for the nine months ending December 31, 2024 [1] - Operating revenues for the first nine months of fiscal 2025 were $5,368,327, reflecting a 12% increase compared to the same period in fiscal 2024, driven by higher oil and natural gas production volumes [2] - The net income for the third quarter of fiscal 2025 was $469,133, or $0.22 per diluted share, marking a 36% increase from $345,610, or $0.16 per diluted share, in the third quarter of fiscal 2024 [3] Operational Activities - The company plans to participate in the drilling of 28 and completion of 19 horizontal wells at an estimated total cost of approximately $1.8 million for the fiscal year ending March 31, 2025, with $1.1 million already expended [4] - Mexco Energy has spent approximately $2 million on royalty and mineral interest acquisitions in about 700 producing wells across 37 counties in 9 states [4] Company Overview - Mexco Energy Corporation is an independent oil and gas company based in Midland, Texas, focused on the acquisition, exploration, and development of oil and gas properties primarily in the Permian Basin [5]

Financial Results - Mexco Energy Corporation announced its financial results for the nine months ended December 31, 2023[3]. - The report was filed as Exhibit 99.1, detailing the financial performance and operational updates[5]. Development Updates - The company issued a news release on February 7, 2025, to announce further development of properties[4].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 1-31785 MEXCO ENERGY CORPORATION (Exact name of registrant as specified in its charter) Colorado 84-0627918 (State or other jurisdiction of (IRS Employe ...

Financial Performance - Mexco Energy Corporation reported net income of $608,237, or $0.29 per diluted share, for the six months ending September 30, 2024 [1] - Operating revenues for the first six months of fiscal 2025 were $3,477,062, reflecting a 10% increase compared to the same period in fiscal 2024, driven by higher oil and natural gas production volumes and increased average oil prices, despite a decrease in average natural gas prices [2] - For the second quarter of fiscal 2025, net income was $317,198, or $0.15 per diluted share, compared to $269,433, or $0.12 per diluted share for the same quarter in the previous year, with operating revenues of $1,749,227 [3] Operational Activities - The company plans to participate in the drilling of 30 and completion of 19 horizontal wells at an estimated total cost of approximately $2.3 million for the fiscal year ending March 31, 2025, with about $890,000 already expended [4] - Mexco Energy has spent approximately $1.5 million on royalty and mineral interest acquisitions in around 600 producing wells, with potential development in 37 counties across 9 states during fiscal 2025 [5] Company Overview - Mexco Energy Corporation is an independent oil and gas company based in Midland, Texas, focused on the acquisition, exploration, and development of oil and gas properties primarily in the Permian Basin [6]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. Date of Report: November 7, 2024 (Date of earliest event reported) Mexco Energy Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation) (IRS Employer Identification Number) CO 84-0627918 | --- | --- | --- | --- | --- | |-------|-------|-------|-------------|-------| | | | | | | | | | | ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.50 per share MXC NYSE American FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 1-3 ...

MIDLAND, TX, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE American: MXC) today reported net income of $291,039, or $0.14 per diluted share, for the quarter ending June 30, 2024, the Company's first quarter of fiscal 2025. Operating revenues in the first quarter of fiscal 2025 were $1,727,835, a decrease of 1% from the first quarter of fiscal 2024. This was primarily due to a 36% decrease in the average sales price of natural gas and a 3.5% decrease in oil and natural gas production parti ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. Date of Report: August 8, 2024 (Date of earliest event reported) Mexco Energy Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification Number) CO 1-31785 84-0627918 415 W. Wall Street, Suite 475 Midland, TX 79701 (Address of principa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.50 per share MXC NYSE American FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _________ Commission ...