Quarterly ResultNov 12, 2026, 05:27 PM
Mexco Energy Corp Q2 Net Income $444.1M; Six-Month Income $945.2M
AI Summary
Mexco Energy Corporation reported strong financial results for the second quarter and first six months of fiscal year 2026. Net income for the second quarter increased to $444.1 million from $323.5 million in the prior year, with six-month net income reaching $945.2 million, up from $565.5 million. Total operating revenues also saw significant growth, with Q2 revenues at $2.12 billion and six-month revenues at $4.10 billion. The company declared and paid an annual dividend of $0.10 per common share. Significant capital expenditures were made in oil and gas properties, and cash reserves decreased during the period.
Key Highlights
- Mexco Energy Corp reported Q2 2026 net income of $444.1M, up from $323.5M in Q2 2025.
- Six-month 2026 net income reached $945.2M, compared to $565.5M in the prior year period.
- Total operating revenues for Q2 2026 were $2.12B, an increase from $1.63B in Q2 2025.
- Six-month 2026 revenues totaled $4.10B, up from $3.39B in the same period last year.
- The company declared and paid an annual dividend of $0.10 per common share in June 2026.
- Capital expenditures for oil and gas properties in the six months ended Sep 30, 2026, were $4.06B.
- Cash and cash equivalents decreased to $903,819 as of September 30, 2026, from $2.78M at the start of the period.
Price Impact
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