Mexco Energy (MXC) Q4 2025 earnings summary

Executive summary

• FY2025 net income was $1.712 million, or $0.81 per diluted share, up 27% YoY.

• Operating revenue was $7.358 million, up 11% YoY, primarily on higher oil and gas production volumes, partly offset by lower realized prices.

Financial highlights

• Average realized prices were $73.54 per barrel of oil and $1.70 per thousand cubic feet of natural gas in FY2025.

• Oil represented ~86% of oil and gas sales; royalty interests, free of operational costs, generated ~31% of FY2025 operating revenue.

Outlook and guidance

• FY2026 plans call for participation in drilling 27 and completing 17 horizontal wells at an estimated aggregate cost of ~$1.2 million; ~$300,000 had been spent to date.

• Additional drilling prospects are under evaluation for FY2026.