MEXCO ENERGY CORP
For the period ended Mar 31, 2026. Filed Jun 29, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2026 · Filed Jun 29, 2026
MXC$8.86-0.6%Stored close · as of Nov 9, 2026
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Consolidated Statements of Operations
Years ended March 31,
| 2026 | 2025 | |
|---|---|---|
| Operating revenues: | ||
| Oil sales | $5,276,981 | $6,145,674 |
| Natural gas sales | 1,271,067 | 970,811 |
| Other | 13,276 | 23,954 |
| Total operating revenues | 6,561,324 | 7,140,439 |
| Operating expenses: | ||
| Production | 1,428,353 | 1,605,096 |
| Accretion of asset retirement obligation | 32,168 | 29,983 |
| Depreciation, depletion and amortization | 2,523,827 | 2,452,694 |
| General and administrative | 1,306,275 | 1,320,074 |
| Total operating expenses | 5,290,623 | 5,407,847 |
| Operating income | 1,270,701 | 1,732,592 |
| Other income (expenses): | ||
| Income from investments in LLCs | 329,102 | 217,627 |
| Interest income | 89,341 | 72,629 |
| Interest expense | (4,379) | (6,150) |
| Net other income | 414,064 | 284,106 |
| Income before provision for income taxes | 1,684,765 | 2,016,698 |
| Provision for income taxes | 379,043 | 304,330 |
| Net income | $1,305,722 | $1,712,368 |
| Income per common share: | ||
| Basic: | $0.64 | $0.83 |
| Diluted: | $0.63 | $0.81 |
| Weighted average common shares outstanding: | ||
| Basic: | 2,046,000 | 2,064,147 |
| Diluted: | 2,080,503 | 2,107,775 |
| Dividends declared per share | $0.10 | $0.10 |
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