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1. Company Snapshot

1.a. Company Description

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 gross producing wells located in the states of Texas, New Mexico, Oklahoma, Louisiana, Alabama, Mississippi, Arkansas, Wyoming, Kansas, Colorado, Montana, Virginia, North Dakota, and Ohio.As of March 31, 2022, the company's total estimated proved reserves were approximately 1.616 million barrels of oil equivalent.


It also owned leasehold mineral, royalty, and other interests in approximately 2,970 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 incorporated in 1972 and is based in Midland, Texas.

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1.b. Last Insights on MXC

Mexco Energy Corporation's recent performance was negatively impacted by a 17% decrease in net income for the first quarter of fiscal 2026, compared to the same period last year. The company's net income declined to $241,951, or $0.12 per diluted share, from $291,039, or $0.14 per diluted share. This decrease may be attributed to evolving business conditions, potentially including fluctuations in energy prices or demand. Notably, the company's fiscal 2025 annual report showed a 27% increase in net income, which contrasts with the recent quarterly decline.

1.c. Company Highlights

2. Transcript Summary

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3. NewsRoom

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Mexco Energy Corporation Reports Financial Results for first Six Months

Nov -12

Source: globenewswire.com

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Mexco Energy Corporation Reports Financial Results for First Quarter

Aug -12

Source: globenewswire.com

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MEXCO ENERGY CORPORATION REPORTS FINANCIAL RESULTS FOR FISCAL 2025

Jun -27

Source: globenewswire.com

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Mexco Energy Corporation Declares Dividend on Common Shares

May -13

Source: globenewswire.com

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Mexco Energy Corporation Reports Financial Results for Third Quarter

Feb -07

Source: globenewswire.com

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Mexco Energy Corporation Reports Financial Results for first Six Months

Nov -07

Source: globenewswire.com

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Mexco Energy Corporation Reports Financial Results for First Quarter

Aug -08

Source: globenewswire.com

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MEXCO ENERGY CORPORATION REPORTS FINANCIAL RESULTS FOR FISCAL 2024

Jun -27

Source: globenewswire.com

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (4.59%)

6. Segments

Oil

Expected Growth: 4.5%

Mexco Energy Corporation's oil production is expected to grow driven by increasing demand for crude oil, strategic expansion of its Texas-based operations, and improving operational efficiency.

Natural Gas

Expected Growth: 4.8%

Growing demand for clean energy, increasing electricity generation, and rising industrial usage drive the natural gas market growth. Mexco Energy Corporation's strategic exploration and production efforts will capitalize on this trend, contributing to the segment's growth.

Other

Expected Growth: 4.5%

Mexico Energy Corporation's 'Other' segment is expected to grow driven by increasing demand for oil and gas marketing, expansion of transportation infrastructure, and diversification of miscellaneous activities, leading to a forecast CAGR of 4.5%.

7. Detailed Products

Crude Oil

Mexco Energy Corporation is involved in the exploration, development, and production of crude oil from its properties in Texas and New Mexico.

Natural Gas

The company explores, develops, and produces natural gas from its properties in Texas and New Mexico.

Natural Gas Liquids (NGLs)

Mexco Energy Corporation produces NGLs as a byproduct of natural gas processing.

Oil and Gas Leases

The company acquires and manages oil and gas leases in Texas and New Mexico.

Drilling and Exploration Services

Mexco Energy Corporation offers drilling and exploration services to other oil and gas companies.

8. Mexco Energy Corporation's Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Mexco Energy Corporation is medium due to the availability of alternative energy sources, but the company's focus on oil and gas exploration and production reduces the impact of substitutes.

Bargaining Power Of Customers

The bargaining power of customers for Mexco Energy Corporation is low due to the company's diverse customer base and the lack of concentration in the oil and gas industry.

Bargaining Power Of Suppliers

The bargaining power of suppliers for Mexco Energy Corporation is medium due to the company's dependence on a few key suppliers for equipment and services, but the company's size and scale mitigate the impact of supplier power.

Threat Of New Entrants

The threat of new entrants for Mexco Energy Corporation is low due to the high barriers to entry in the oil and gas industry, including the need for significant capital investment and regulatory approvals.

Intensity Of Rivalry

The intensity of rivalry for Mexco Energy Corporation is high due to the competitive nature of the oil and gas industry, with many established players competing for market share and resources.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 0.45%
Debt Cost 7.09%
Equity Weight 99.55%
Equity Cost 7.09%
WACC 7.09%
Leverage 0.45%

11. Quality Control: Mexco Energy Corporation passed 8 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

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SilverBow Resources

A-Score: 4.9/10

Value: 8.8

Growth: 7.2

Quality: 6.5

Yield: 0.0

Momentum: 5.0

Volatility: 2.0

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Mexco Energy

A-Score: 4.2/10

Value: 7.1

Growth: 7.2

Quality: 7.5

Yield: 1.0

Momentum: 1.0

Volatility: 1.3

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Barnwell Industries

A-Score: 3.9/10

Value: 8.6

Growth: 4.2

Quality: 3.0

Yield: 0.0

Momentum: 5.5

Volatility: 2.0

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Ring Energy

A-Score: 3.9/10

Value: 9.1

Growth: 3.7

Quality: 6.4

Yield: 0.0

Momentum: 1.0

Volatility: 3.0

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Amplify Energy

A-Score: 3.2/10

Value: 8.0

Growth: 3.0

Quality: 5.3

Yield: 0.0

Momentum: 1.0

Volatility: 2.0

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Vital Energy

A-Score: 2.9/10

Value: 9.1

Growth: 2.1

Quality: 2.4

Yield: 0.0

Momentum: 1.5

Volatility: 2.3

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Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

9.51$

Current Price

9.51$

Potential

-0.00%

Expected Cash-Flows