Mexco Energy Corp

mexcoenergy.com

What Do They Do?

Produces crude oil and natural gas from acquired and developed properties, with production sold to oil and gas purchasers through third-party operators.

How Do They Make Money?

Third-party operators market and sell oil and gas produced from Mexco’s royalty and non-operated working interests. The operator or purchaser sends Mexco its share, with checks generally arriving after the production month.

revenue

Segment	Share	Revenue
Oil Sales	80% FY2023: 68%
Natural Gas Sales	19% FY2023: 30%
Other	0.2% FY2023: 1.9%

Who Are Their Customers?

Third-party operators market and sell Mexco’s production to oil and gas purchasers; proceeds reach Mexco through the operator or purchaser.

Customers above 10% of revenue, FY2026

of revenue from two customers (33%, 15%)

FY2025: 59% from one customer

Do Revenues Turn Into Profits?

Yes. It kept 20 cents of every revenue dollar as net income in FY2026.

Operating income, FY2026

19% of revenue

▼ −27% vs FY2025 ($1.7M, 24%)

Net income, FY2026

20% of revenue

▼ −24% vs FY2025 ($1.7M, 24%)

How Are They Changing?

Since the FY2026 annual report

Latest quarter: Q1 FY2027, the three months to Jun 30, 2026

Revenue: ▲ +13%; vs $1.8M in Q1 FY2026
Net income: ▲ +107%; vs $242K in Q1 FY2026

Oil Sales share of revenue vs 79.5% in Q1 FY2026

Flat. Revenue was $6.6M in FY2026, about the same as the $6.6M of FY2022.

Revenue over time

Oil Sales Natural Gas Sales Other

$10M$5M$0

FY2022 FY2023 FY2024 FY2025 FY2026

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