UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 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, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: | Title of each class | Trading Symbol(s) | Name ...

Financial Performance - For the quarter ended June 30, 2022, net income was $1,298,672, a significant increase from $395,006 for the same quarter in 2021, primarily due to higher oil and gas prices and increased production volumes [73]. - Revenue from oil and gas sales reached $2,416,113 for the quarter ended June 30, 2022, representing a 92% increase from $1,255,565 in the same quarter of 2021 [74]. - Cash flow provided by operating activities was $1,495,598 for the three months ended June 30, 2022, compared to $666,054 for the same period in 2021, marking an increase of $829,544 [55]. Production and Costs - Production costs increased by 57% to $435,028 for the three months ended June 30, 2022, primarily due to higher production taxes and lease operating expenses [74]. - Depreciation, depletion, and amortization expense rose by 46% to $387,128 for the first quarter of fiscal 2023, driven by increased production and a higher amortization base [75]. Market Conditions - The average price per barrel of oil increased by 71.4% to $109.62 in Q2 2022, while the average price per mcf of gas rose by 121.8% to $6.61 [74]. - In the last twelve months, the WTI crude oil price ranged from a low of $58.30 per bbl to a high of $119.68 per bbl, while the Henry Hub natural gas price ranged from $3.32 per MMBtu to $9.44 per MMBtu [82]. - As of June 30, 2022, the WTI crude oil price was $101.74 per bbl and the Henry Hub natural gas price was $5.75 per MMBtu [82]. Future Plans and Investments - The company plans to participate in the drilling and completion of 52 horizontal wells at an estimated aggregate cost of approximately $3,800,000 for the fiscal year ending March 31, 2023 [61]. - The company acquired various royalty interests in 22 wells for a purchase price of $939,000, effective April 1, 2022 [68]. Financial Position - As of June 30, 2022, the company had working capital of $1,769,009, a decrease of $700,767 from $2,469,776 at March 31, 2022 [54]. - The company has no off-balance sheet debt or unrecorded obligations, with total contractual obligations for leases amounting to $121,333 due within one year [73]. Price Sensitivity - A $10 increase or decrease in average oil price for the quarter ended June 30, 2022, would have resulted in a change of $142,240 in oil sales [84]. - A $1 increase or decrease in average gas price for the same quarter would have led to a change of $129,706 in natural gas sales [84]. - Declines in oil and natural gas prices can adversely affect the company's financial condition, liquidity, and operating results [83]. - Improvements in oil and gas prices can positively impact the company's financial condition and capital resources [84]. - Price fluctuations can lead to changes in estimated future net revenue and the quantity of proved reserves [83]. - A noncash write-down of oil and gas properties may be required if prices decline significantly [83]. - Lower prices may reduce the economically producible quantities of crude oil and natural gas [83]. - The company may experience material changes in reserve quantities solely due to price changes, independent of drilling performance [83].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 1-31785 MEXCO ENERGY CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 415 W. Wall, Suite 475 Midland, Texas 79701 (432) ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2021 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 in ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 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, 2021 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 ( ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 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, 2021 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 juri ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2021 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 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 (I.R.S. Employer incorporation or organization) ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2020 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 o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 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 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: | Title of each ...

Financial Performance - For the first three months of fiscal 2021, cash flow from operations was $66,472, a decrease of 64% compared to the same period in fiscal 2020, primarily due to a 56% decrease in crude oil price and a 29% decrease in natural gas price [73]. - Revenue from oil and gas sales was $364,179 for the quarter ended June 30, 2020, a 47% decrease from $691,694 for the quarter ended June 30, 2019, primarily due to a decrease in oil and gas prices [86]. - The company reported a net loss of $299,670 for the quarter ended June 30, 2020, compared to a net loss of $54,186 for the same quarter in 2019 [85]. - General and administrative expenses were $248,878 for the three months ended June 30, 2020, a 20% decrease from $311,061 for the same period in 2019 [89]. - Working capital decreased to $102,065 as of June 30, 2020, from $186,785 at March 31, 2020, a decrease of $84,720 [74]. Oil and Gas Prices - The average price per barrel of oil decreased by 55.9% to $24.48 in 2020 from $55.47 in 2019, while the average price per MMBtu of natural gas decreased by 28.5% to $1.03 from $1.44 [87]. - As of June 30, 2020, the WTI posted price for crude oil was $35.25 per bbl, with average prices of $14.68, $24.67, and $34.35 per bbl for April, May, and June 2020 respectively [99]. - The Henry Hub posted price for natural gas on June 30, 2020 was $1.67 per MMBtu, with average prices of $1.74, $1.75, and $1.63 per MMBtu for April, May, and June 2020 respectively [99]. - A $10 increase or decrease in average oil price per barrel for the quarter ended June 30, 2020 would result in a pretax income change of $115,340 [101]. - A $1 increase or decrease in average gas price per mcf for the quarter ended June 30, 2020 would result in a pretax income change of $79,516 [101]. Operational Plans and Constraints - The company plans to participate in the drilling and completion of approximately 20 horizontal wells at an estimated aggregate cost of $950,000 for the fiscal year ending March 31, 2021 [75]. - The company is unable to predict the duration of temporary pipeline capacity constraints in the Permian Basin affecting natural gas prices [98]. Impact of Price Changes - Declines in oil and natural gas prices can materially adversely affect the company's financial condition, liquidity, and operating results [100]. - Improvements in oil and gas prices can have a favorable impact on the company's financial condition and capital resources [101]. - Changes in oil and gas prices impact estimated future net revenue and the estimated quantity of proved reserves [100]. - A noncash write-down of oil and gas properties may be required under full cost accounting rules if prices decline significantly [100]. - Lower prices may reduce the amount of crude oil and natural gas that can be produced economically, affecting reserve quantities [100]. Production and Financial Support - The company received approximately $68,574 from the Paycheck Protection Program to maintain payroll and cover overhead costs [82]. - The company has an outstanding loan balance of $930,000 under its credit agreement, which bears interest at a floating rate [93]. - The company’s working interest in completed wells currently producing is 0.48% for 4 wells and 0.006% for 3 wells, with production rates of 4,324 and 2,905 barrels of oil equivalent per day respectively [76].