Mexco Energy Reports 17% Drop in Net Income

The latest update is out from Mexco Energy ( (MXC) ).

On August 12, 2025, Mexco Energy Corporation reported a 17% decrease in net income for the first quarter of fiscal 2026 compared to the previous year, despite a 5% increase in operating revenues. The company plans to participate in the drilling of 35 and completion of 17 horizontal wells by the end of fiscal year 2026, with significant increases in oil and natural gas production volumes but a decrease in oil prices impacting overall financial performance.

Spark’s Take on MXC Stock

According to Spark, TipRanks’ AI Analyst, MXC is a Outperform.

Mexco Energy’s overall stock score is driven by strong financial performance and strategic corporate events, including significant income growth and strategic acquisitions. Technical analysis presents mixed signals, with short-term strength but potential medium-term challenges. The stock’s reasonable valuation and modest dividend yield further support its attractiveness.

To see Spark’s full report on MXC stock, click here.

More about Mexco Energy

Mexco Energy Corporation, based in Midland, Texas, is an independent oil and gas company engaged in the acquisition, exploration, and development of oil and gas properties, primarily in the Permian Basin.

Average Trading Volume: 32,093

Technical Sentiment Signal: Sell

Current Market Cap: $17.06M

Learn more about MXC stock on TipRanks’ Stock Analysis page.