Mexco Energy reported fiscal 2026 net income of $1.31 million, a 24% decrease driven by lower oil prices. Despite the decline, the company maintains liquidity with no debt and $1.4 million in cash while planning fiscal 2027 drilling activities.
Mexco Energy reported fiscal 2026 net income of $1.31 million, a 24% decrease driven by lower oil prices. Despite the decline, the company maintains liquidity with no debt and $1.4 million in cash while planning fiscal 2027 drilling activities.