$MXC
MEXCO ENERGY CORP Stock $mxc

$mxc Overview Financials Valuation SEC Filings Company Website

2024 Q4 Form 10-Q Financial Statement

#000149315224044084 Filed on November 07, 2024

Income Statement

Concept	2024 Q4	2024 Q3	2023 Q3
Revenue		$1.749M	$1.407M
YoY Change		24.36%	-39.5%
Cost Of Revenue			$392.7K
YoY Change			-0.45%
Gross Profit			$1.014M
YoY Change			-47.47%
Gross Profit Margin			72.08%
Selling, General & Admin			$305.5K
YoY Change			-5.38%
% of Gross Profit			30.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization		$584.3K	$382.2K
YoY Change		52.88%	-0.57%
% of Gross Profit			37.69%
Operating Expenses		$1.340M	$1.088M
YoY Change		23.17%	-1.95%
Operating Profit		$409.2K	$318.7K
YoY Change		28.41%	-73.78%
Interest Expense			$1.079K
YoY Change			-69.7%
% of Operating Profit			0.34%
Other Income/Expense, Net		$19.76K	$25.29K
YoY Change		-21.87%	-821.81%
Pretax Income		$429.0K	$344.0K
YoY Change		24.71%	-71.61%
Income Tax		$111.8K	$74.53K
% Of Pretax Income		26.05%	21.67%
Net Earnings		$317.2K	$269.4K
YoY Change		17.73%	-77.76%
Net Earnings / Revenue		18.13%	19.15%
Basic Earnings Per Share		$0.15	$0.13
Diluted Earnings Per Share		$0.15	$0.12
COMMON SHARES
Basic Shares Outstanding	2.046M shares	2.085M shares	2.127M shares
Diluted Shares Outstanding		2.118M shares	2.175M shares

Balance Sheet

Concept	2024 Q3	2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments		$2.585M
YoY Change		357.09%
Cash & Equivalents	$1.578M	$2.585M
Short-Term Investments
Other Short-Term Assets		$84.52K
YoY Change		1249.51%
Inventory
Prepaid Expenses	$50.41K	$47.27K
Receivables	$4.213K	$1.875K
Other Receivables		$0.00
Total Short-Term Assets	$2.568M	$3.472M
YoY Change	-26.04%	66.77%
LONG-TERM ASSETS
Property, Plant & Equipment	$15.10M	$13.79M
YoY Change	9.52%	3.29%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments		$900.0K
YoY Change		200.0%
Other Assets	$6.448K	$10.75K
YoY Change	-40.0%
Total Long-Term Assets	$16.76M	$14.75M
YoY Change	13.63%	7.23%
TOTAL ASSETS
Total Short-Term Assets	$2.568M	$3.472M
Total Long-Term Assets	$16.76M	$14.75M
Total Assets	$19.33M	$18.22M
YoY Change	6.07%	15.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable		$178.8K
YoY Change		10.33%
Accrued Expenses		$47.71K
YoY Change		-13.76%
Deferred Revenue
YoY Change
Short-Term Debt		$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$593.7K	$226.5K
YoY Change	162.17%	4.19%
LONG-TERM LIABILITIES
Long-Term Debt		$0.00
YoY Change
Other Long-Term Liabilities		$697.6K
YoY Change		-12.01%
Total Long-Term Liabilities	$1.226M	$847.4K
YoY Change	44.7%	6.89%
TOTAL LIABILITIES
Total Short-Term Liabilities	$593.7K	$226.5K
Total Long-Term Liabilities	$1.226M	$847.4K
Total Liabilities	$1.820M	$1.074M
YoY Change	69.48%	6.31%
SHAREHOLDERS EQUITY
Retained Earnings	$9.522M	$8.513M
YoY Change	11.85%	45.79%
Common Stock	$1.120M	$1.111M
YoY Change	0.78%	0.25%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$1.879M	$915.8K
YoY Change	105.16%	164.67%
Treasury Stock Shares
Shareholders Equity	$17.51M	$17.15M
YoY Change
Total Liabilities & Shareholders Equity	$19.33M	$18.22M
YoY Change	6.07%	15.06%

Cashflow Statement

Concept	2024 Q3	2023 Q3
OPERATING ACTIVITIES
Net Income	$317.2K	$269.4K
YoY Change	17.73%	-77.76%
Depreciation, Depletion And Amortization	$584.3K	$382.2K
YoY Change	52.88%	-0.57%
Cash From Operating Activities		$814.2K
YoY Change		-57.65%
INVESTING ACTIVITIES
Capital Expenditures		$1.108M
YoY Change		-157.58%
Acquisitions
YoY Change
Other Investing Activities		-$172.2K
YoY Change
Cash From Investing Activities		-$1.280M
YoY Change		-33.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities		-325.3K
YoY Change		-1177.7%
NET CHANGE
Cash From Operating Activities		814.2K
Cash From Investing Activities		-1.280M
Cash From Financing Activities		-325.3K
Net Change In Cash		-791.3K
YoY Change		-2868.72%
FREE CASH FLOW
Cash From Operating Activities		$814.2K
Capital Expenditures		$1.108M
Free Cash Flow		-$293.8K
YoY Change		-107.64%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	291039	usd
CY2024Q2	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	188637	usd
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--03-31
CY2024Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	40000000	shares
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	40000000	shares
CY2024Q3	us-gaap	Common Stock Value CommonStockValue	1119641	usd
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	1113458	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	17628265	usd
CY2024Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	19325956	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	19058854	usd
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2025
	dei	Entity Central Index Key EntityCentralIndexKey	0000066418
CY2024Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent		usd
CY2024Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024Q3	us-gaap	Preferred Stock Value PreferredStockValue		usd
CY2024Q1	us-gaap	Preferred Stock Value PreferredStockValue		usd
CY2024Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared
CY2023Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable		usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts		usd
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	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate		pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate		pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate		pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate		pure
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit		usd
	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit		usd
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2024-09-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	1-31785
	dei	Entity Registrant Name EntityRegistrantName	MEXCO ENERGY CORPORATION
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	84-0627918
	dei	Entity Address Address Line1 EntityAddressAddressLine1	415 West Wall Street
	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 475
	dei	Entity Address City Or Town EntityAddressCityOrTown	Midland
	dei	Entity Address State Or Province EntityAddressStateOrProvince	TX
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	79701
	dei	City Area Code CityAreaCode	(432)
	dei	Local Phone Number LocalPhoneNumber	682-1119
	dei	Security12b Title Security12bTitle	Common Stock, par value $0.50 per share
	dei	Entity Shell Company EntityShellCompany	false
CY2024Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	2046000	shares
CY2024Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1578357	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2473484	usd
CY2024Q3	us-gaap	Oil And Gas Joint Interest Billing Receivables Current OilAndGasJointInterestBillingReceivablesCurrent	918204	usd
CY2024Q1	us-gaap	Oil And Gas Joint Interest Billing Receivables Current OilAndGasJointInterestBillingReceivablesCurrent	1001709	usd
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable		usd
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	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit		usd
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	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	CO
	dei	Trading Symbol TradingSymbol	MXC
	dei	Security Exchange Name SecurityExchangeName	NYSE
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Listing Par Value Per Share EntityListingParValuePerShare	0.50
CY2024Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	4213	usd
CY2024Q3	MXC	Prepaid Drilling Current PrepaidDrillingCurrent	16560	usd
CY2024Q1	MXC	Prepaid Drilling Current PrepaidDrillingCurrent	148748	usd
CY2024Q1	us-gaap	Assets Current AssetsCurrent	3689320	usd
CY2024Q3	us-gaap	Oil And Gas Property Full Cost Method Gross OilAndGasPropertyFullCostMethodGross	50288295	usd
CY2024Q1	us-gaap	Oil And Gas Property Full Cost Method Gross OilAndGasPropertyFullCostMethodGross	48304585	usd
CY2024Q3	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	121926	usd
CY2024Q1	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	121926	usd
CY2024Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	8597	usd
CY2024Q3	us-gaap	Taxes Payable Current TaxesPayableCurrent	125946	usd
CY2024Q3	us-gaap	Liabilities Current LiabilitiesCurrent	593714	usd
CY2024Q1	us-gaap	Liabilities Current LiabilitiesCurrent	430120	usd
CY2024Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	101595	usd
CY2024Q3	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	693329	usd
CY2024Q3	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	431322	usd
CY2024Q1	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	311661	usd
CY2024Q3	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	1226246	usd
CY2024Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	9186	usd
CY2024Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	50413	usd
CY2024Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	56193	usd
CY2024Q3	MXC	Prepaid Drilling Current PrepaidDrillingCurrent	16560	usd
CY2024Q1	MXC	Prepaid Drilling Current PrepaidDrillingCurrent	148748	usd
CY2024Q3	us-gaap	Assets Current AssetsCurrent	2567747	usd
CY2024Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	35308822	usd
CY2024Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	34184837	usd
CY2024Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	15101399	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	14241674	usd
CY2024Q3	us-gaap	Investments Investments	1500000	usd
CY2024Q1	us-gaap	Investments Investments	1100000	usd
CY2024Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	150362	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	19263	usd
CY2024Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	6448	usd
CY2024Q3	us-gaap	Assets Assets	19325956	usd
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CY2024Q3	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	419001	usd
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CY2024Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	189254	usd
CY2024Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	48767	usd
CY2024Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	19263	usd
CY2024Q1	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	688808	usd
CY2024Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	1000469	usd
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CY2024Q1	us-gaap	Liabilities Liabilities	1430589	usd
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CY2024Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1749227	usd
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	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	3477062	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	3155029	usd
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	us-gaap	Production Costs ProductionCosts	850825	usd
	us-gaap	Production Costs ProductionCosts	742081	usd
CY2024Q3	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	7813	usd
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	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	15524	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	14896	usd
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	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	868366	usd
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	us-gaap	Operating Expenses OperatingExpenses	2691904	usd
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CY2024Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	428951	usd
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	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	46164	usd
CY2024Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	2239283	shares
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CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	9122481	usd
CY2024Q3	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	193283	shares
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CY2024Q3	us-gaap	Treasury Stock Value TreasuryStockValue	1878746	usd
CY2024Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1749227	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1406610	usd
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	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	3155029	usd
CY2024Q3	us-gaap	Production Costs ProductionCosts	413405	usd
CY2023Q3	us-gaap	Production Costs ProductionCosts	392674	usd
	us-gaap	Production Costs ProductionCosts	850825	usd
	us-gaap	Production Costs ProductionCosts	742081	usd
CY2024Q3	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	7813	usd
CY2023Q3	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	7540	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	15524	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	14896	usd
CY2024Q3	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	584288	usd
CY2023Q3	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	382180	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1123985	usd
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	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	701570	usd
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CY2024Q3	us-gaap	Operating Expenses OperatingExpenses	1340031	usd
CY2023Q3	us-gaap	Operating Expenses OperatingExpenses	1087937	usd
	us-gaap	Operating Expenses OperatingExpenses	2691904	usd
CY2024Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	409196	usd
CY2023Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	318673	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	785158	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	883174	usd
CY2024Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	20830	usd
CY2023Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	26364	usd
	us-gaap	Investment Income Interest InvestmentIncomeInterest	43576	usd
	us-gaap	Investment Income Interest InvestmentIncomeInterest	50059	usd
CY2024Q3	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	1075	usd
CY2023Q3	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	1079	usd
	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	2158	usd
	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	2160	usd
CY2024Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	19755	usd
CY2023Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	25285	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	41418	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	47899	usd
CY2024Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	428951	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	343958	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	826576	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	931073	usd
CY2024Q3	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	66707	usd
CY2023Q3	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	13346	usd
	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	98678	usd
	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	46164	usd
CY2024Q3	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	45046	usd
CY2023Q3	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	61179	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	119661	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	149862	usd
CY2024Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	111753	usd
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	74525	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	218339	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	196026	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	317198	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	269433	usd
	us-gaap	Net Income Loss NetIncomeLoss	735047	usd
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.13
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.35
CY2024Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.15
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.12
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.29
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.34
CY2024Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2073696	shares
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2122336	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2082194	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2129213	shares
CY2024Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2117804	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2174713	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2126565	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2178719	shares
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.10
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.10
CY2024Q2	us-gaap	Dividends Dividends	209000	usd
CY2024Q2	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	77641	usd
CY2024Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	51630	usd
CY2024Q3	us-gaap	Stockholders Equity StockholdersEquity	17505996	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	16832487	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	465614	usd
CY2023Q2	us-gaap	Dividends Dividends	213600	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	2962	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	54975	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	17142438	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	17142438	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	269433	usd
CY2023Q3	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	325256	usd
CY2023Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	58848	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	17145463	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	17145463	usd
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	2226916	shares
	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	12367	shares
CY2024Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	2239283	shares
CY2024Q1	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	135517	shares
	us-gaap	Stock Issued During Period Shares Acquisitions StockIssuedDuringPeriodSharesAcquisitions	57766	shares
CY2024Q3	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	193283	shares
CY2024Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	2046000	shares
	us-gaap	Net Income Loss NetIncomeLoss	608237	usd
	us-gaap	Net Income Loss NetIncomeLoss	735047	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	119661	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	149862	usd
CY2024Q3	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	45046	usd
CY2023Q3	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	61179	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	119661	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	149862	usd
CY2024Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	111753	usd
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	74525	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	218339	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	196026	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	317198	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	269433	usd
	us-gaap	Net Income Loss NetIncomeLoss	608237	usd
	us-gaap	Net Income Loss NetIncomeLoss	735047	usd
CY2024Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.15
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.13
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.29
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.35
CY2024Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.15
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.12
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.29
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.34
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2082194	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2129213	shares
CY2024Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2117804	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2174713	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2126565	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2178719	shares
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.10
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.10
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	17628265	usd
CY2024Q2	us-gaap	Dividends Dividends	209000	usd
CY2024Q2	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	77641	usd
CY2024Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	52439	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	17651747	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	317198	usd
CY2024Q3	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	514579	usd
CY2024Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	51630	usd
CY2024Q3	us-gaap	Stockholders Equity StockholdersEquity	17505996	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	16832487	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	465614	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	2962	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	54975	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	17142438	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	17142438	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	269433	usd
CY2023Q3	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	325256	usd
CY2023Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	58848	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	17145463	usd
CY2024Q1	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	135517	shares
	us-gaap	Stock Issued During Period Shares Acquisitions StockIssuedDuringPeriodSharesAcquisitions	57766	shares
CY2024Q3	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	193283	shares
CY2024Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	2046000	shares
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	119661	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	149862	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	113823	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1123985	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	868366	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	15524	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	14896	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	2149	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	2159	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-88478	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-571889	usd
	MXC	Increase Decrease In Rightof Use Asset IncreaseDecreaseInRightofUseAsset	131099	usd
	MXC	Increase Decrease In Rightof Use Asset IncreaseDecreaseInRightofUseAsset	-27920	usd
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-5781	usd
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-9229	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	15199	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-27933	usd
	us-gaap	Increase Decrease In Asset Retirement Obligations IncreaseDecreaseInAssetRetirementObligations	-13370	usd
	us-gaap	Increase Decrease In Asset Retirement Obligations IncreaseDecreaseInAssetRetirementObligations	-6975	usd
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-63308	usd
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	131099	usd
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-27919	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2006405	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2430364	usd
	us-gaap	Payments To Acquire Oil And Gas Property PaymentsToAcquireOilAndGasProperty	1667027	usd
	us-gaap	Payments To Acquire Oil And Gas Property PaymentsToAcquireOilAndGasProperty	1650812	usd
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	400000	usd
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	200000	usd
	us-gaap	Proceeds From Sale Of Oil And Gas Property And Equipment ProceedsFromSaleOfOilAndGasPropertyAndEquipment	70	usd
	us-gaap	Proceeds From Sale Of Oil And Gas Property And Equipment ProceedsFromSaleOfOilAndGasPropertyAndEquipment	306513	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2066957	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1544299	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	77641	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	2962	usd
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	703216	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	209000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	213600	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	750	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-834575	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-536644	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-895127	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	349421	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	2473484	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	2235771	usd
CY2024Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	1578357	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	2585192	usd
	us-gaap	Interest Paid Net InterestPaidNet	9	usd
	MXC	Accrued Capital Expenditures Included In Accounts Payable AccruedCapitalExpendituresIncludedInAccountsPayable	203000	usd
	MXC	Accrued Capital Expenditures Included In Accounts Payable AccruedCapitalExpendituresIncludedInAccountsPayable	32969	usd
	us-gaap	Settlement Of Asset Retirement Obligations Through Noncash Payments Amount SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount	1372	usd
	us-gaap	Settlement Of Asset Retirement Obligations Through Noncash Payments Amount SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount	2495	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	104069	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	113823	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1123985	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	868366	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	15524	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	14896	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	2149	usd
	MXC	Increase Decrease In Rightof Use Asset IncreaseDecreaseInRightofUseAsset	131099	usd
	MXC	Increase Decrease In Rightof Use Asset IncreaseDecreaseInRightofUseAsset	-27920	usd
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-5781	usd
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-9229	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	15199	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-27933	usd
	us-gaap	Increase Decrease In Asset Retirement Obligations IncreaseDecreaseInAssetRetirementObligations	-13370	usd
	us-gaap	Increase Decrease In Asset Retirement Obligations IncreaseDecreaseInAssetRetirementObligations	-6975	usd
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-63308	usd
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-27919	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2006405	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2430364	usd
	us-gaap	Payments To Acquire Oil And Gas Property PaymentsToAcquireOilAndGasProperty	1667027	usd
	us-gaap	Payments To Acquire Oil And Gas Property PaymentsToAcquireOilAndGasProperty	1650812	usd
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	400000	usd
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	200000	usd
	us-gaap	Proceeds From Sale Of Oil And Gas Property And Equipment ProceedsFromSaleOfOilAndGasPropertyAndEquipment	70	usd
	us-gaap	Proceeds From Sale Of Oil And Gas Property And Equipment ProceedsFromSaleOfOilAndGasPropertyAndEquipment	306513	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2066957	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1544299	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	77641	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	2962	usd
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	703216	usd
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	325256	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	209000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	213600	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	750	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-834575	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-536644	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-895127	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	349421	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	2473484	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	2235771	usd
CY2024Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	1578357	usd
	MXC	Accrued Capital Expenditures Included In Accounts Payable AccruedCapitalExpendituresIncludedInAccountsPayable	203000	usd
	MXC	Accrued Capital Expenditures Included In Accounts Payable AccruedCapitalExpendituresIncludedInAccountsPayable	32969	usd
	us-gaap	Settlement Of Asset Retirement Obligations Through Noncash Payments Amount SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount	1372	usd
	us-gaap	Settlement Of Asset Retirement Obligations Through Noncash Payments Amount SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount	2495	usd
	us-gaap	Nature Of Operations NatureOfOperations	<p id="xdx_801_eus-gaap--NatureOfOperations_zRgsv4sx5tie" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1. <span id="xdx_824_zSZVKsCln532">Nature of Operations</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mexco Energy Corporation (a Colorado corporation) and its wholly owned subsidiaries, Forman Energy Corporation (a New York corporation), Southwest Texas Disposal Corporation (a Texas corporation) and TBO Oil & Gas, LLC (a Texas limited liability company) (collectively, the “Company”) are engaged in the acquisition, exploration, development and production of crude oil, natural gas, condensate and natural gas liquids (“NGLs”). Most of the Company’s oil and gas interests are centered in West Texas and Southeastern New Mexico; however, the Company owns producing properties and undeveloped acreage in fourteen states. All of the Company’s oil and gas interests are operated by others.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_848_eus-gaap--UseOfEstimates_z83A5rJ0QXp1" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_860_zJuX6zn5Dpgd">Estimates and Assumptions</span></b>. In preparing consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”), management is required to make informed judgments, estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the consolidated financial statements and affect the reported amounts of revenues and expenses during the reporting period. In addition, significant estimates are used in determining proved oil and gas reserves. Although management believes its estimates and assumptions are reasonable, actual results may differ materially from those estimates. The estimate of the Company’s oil and natural gas reserves, which is used to compute depreciation, depletion, amortization and impairment of oil and gas properties, is the most significant of the estimates and assumptions that affect these reported results.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
	us-gaap	Comparability Of Prior Year Financial Data ComparabilityOfPriorYearFinancialData	<p id="xdx_843_eus-gaap--ComparabilityOfPriorYearFinancialData_z3SOQP3YPwz5" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_869_zJgzB8VeoIDi">Interim Financial Statements</span>. </b>In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments (consisting only of normal recurring accruals) necessary to present fairly the financial position of the Company as of September 30, 2024, and the results of its operations and cash flows for the interim periods ended September 30, 2024 and 2023. The consolidated financial statements as of September 30, 2024 and for the three and six month periods ended September 30, 2024 and 2023 are unaudited. The consolidated balance sheet as of March 31, 2024 was derived from the audited balance sheet filed in the Company’s 2024 annual report on Form 10-K filed with the Securities and Exchange Commission (“SEC”). The results of operations for the periods presented are not necessarily indicative of the results to be expected for a full year. The accounting policies followed by the Company are set forth in more detail in Note 2 of the “Notes to Consolidated Financial Statements” in the Form 10-K. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted in this Form 10-Q pursuant to the rules and regulations of the SEC. However, the disclosures herein are adequate to make the information presented not misleading. It is suggested that these consolidated financial statements be read in conjunction with the consolidated financial statements and notes thereto included in the Form 10-K.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
	us-gaap	Description Of Interest Rate Derivative Activities DescriptionOfInterestRateDerivativeActivities	The Company accounts for investments of less than 3% in any limited liability companies at cost
	us-gaap	Nature Of Operations NatureOfOperations	<p id="xdx_801_eus-gaap--NatureOfOperations_zRgsv4sx5tie" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify; text-indent: 0in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1. <span id="xdx_824_zSZVKsCln532">Nature of Operations</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mexco Energy Corporation (a Colorado corporation) and its wholly owned subsidiaries, Forman Energy Corporation (a New York corporation), Southwest Texas Disposal Corporation (a Texas corporation) and TBO Oil & Gas, LLC (a Texas limited liability company) (collectively, the “Company”) are engaged in the acquisition, exploration, development and production of crude oil, natural gas, condensate and natural gas liquids (“NGLs”). Most of the Company’s oil and gas interests are centered in West Texas and Southeastern New Mexico; however, the Company owns producing properties and undeveloped acreage in fourteen states. All of the Company’s oil and gas interests are operated by others.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_848_eus-gaap--UseOfEstimates_z83A5rJ0QXp1" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_860_zJuX6zn5Dpgd">Estimates and Assumptions</span></b>. In preparing consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”), management is required to make informed judgments, estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the consolidated financial statements and affect the reported amounts of revenues and expenses during the reporting period. In addition, significant estimates are used in determining proved oil and gas reserves. Although management believes its estimates and assumptions are reasonable, actual results may differ materially from those estimates. The estimate of the Company’s oil and natural gas reserves, which is used to compute depreciation, depletion, amortization and impairment of oil and gas properties, is the most significant of the estimates and assumptions that affect these reported results.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
	us-gaap	Comparability Of Prior Year Financial Data ComparabilityOfPriorYearFinancialData	<p id="xdx_843_eus-gaap--ComparabilityOfPriorYearFinancialData_z3SOQP3YPwz5" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_869_zJgzB8VeoIDi">Interim Financial Statements</span>. </b>In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments (consisting only of normal recurring accruals) necessary to present fairly the financial position of the Company as of September 30, 2024, and the results of its operations and cash flows for the interim periods ended September 30, 2024 and 2023. The consolidated financial statements as of September 30, 2024 and for the three and six month periods ended September 30, 2024 and 2023 are unaudited. The consolidated balance sheet as of March 31, 2024 was derived from the audited balance sheet filed in the Company’s 2024 annual report on Form 10-K filed with the Securities and Exchange Commission (“SEC”). The results of operations for the periods presented are not necessarily indicative of the results to be expected for a full year. The accounting policies followed by the Company are set forth in more detail in Note 2 of the “Notes to Consolidated Financial Statements” in the Form 10-K. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted in this Form 10-Q pursuant to the rules and regulations of the SEC. However, the disclosures herein are adequate to make the information presented not misleading. It is suggested that these consolidated financial statements be read in conjunction with the consolidated financial statements and notes thereto included in the Form 10-K.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
	us-gaap	Description Of Interest Rate Derivative Activities DescriptionOfInterestRateDerivativeActivities	The Company accounts for investments of less than 3% in any limited liability companies at cost
CY2024Q1	us-gaap	Asset Retirement Obligation AssetRetirementObligation	718808	usd
	us-gaap	Asset Retirement Obligation Liabilities Incurred AssetRetirementObligationLiabilitiesIncurred	1372	usd
	us-gaap	Asset Retirement Obligation Liabilities Settled AssetRetirementObligationLiabilitiesSettled	12375	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	15524	usd
CY2024Q3	us-gaap	Asset Retirement Obligation AssetRetirementObligation	723329	usd
CY2024Q3	us-gaap	Asset Retirement Obligation Current AssetRetirementObligationCurrent	30000	usd
CY2024Q3	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	693329	usd
CY2024Q3	us-gaap	Line Of Credit LineOfCredit	0	usd
CY2024Q3	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions	381743	usd
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y14D
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	8.73
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.565	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0344	pure
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P6Y3M
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	12367	shares
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	77641	usd
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	500	shares
CY2024Q1	us-gaap	Asset Retirement Obligation AssetRetirementObligation	718808	usd
	us-gaap	Asset Retirement Obligation Liabilities Incurred AssetRetirementObligationLiabilitiesIncurred	1372	usd
	us-gaap	Asset Retirement Obligation Liabilities Settled AssetRetirementObligationLiabilitiesSettled	12375	usd
	us-gaap	Asset Retirement Obligation Accretion Expense AssetRetirementObligationAccretionExpense	15524	usd
CY2024Q3	us-gaap	Asset Retirement Obligation AssetRetirementObligation	723329	usd
CY2024Q3	us-gaap	Asset Retirement Obligation Current AssetRetirementObligationCurrent	30000	usd
CY2024Q3	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	693329	usd
CY2024Q3	us-gaap	Line Of Credit LineOfCredit	0	usd
CY2024Q3	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions	381743	usd
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y14D
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	8.73
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.565	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0344	pure
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P6Y3M
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	12367	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue	92316	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	77641	usd
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	500	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue	2416	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	2962	usd
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	1875	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	625	shares
	us-gaap	Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit	3.34
	us-gaap	Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit	18.05
CY2024Q3	us-gaap	Area Of Land AreaOfLand	4160	sqft
CY2024Q2	us-gaap	Lessee Operating Lease Option To Extend LesseeOperatingLeaseOptionToExtend	the Company agreed to re-extend its lease at a flat (unescalated) rate for another 36 months. The amended lease now expires on July 31, 2027
CY2024Q2	us-gaap	Lease Expiration Date1 LeaseExpirationDate1	2027-07-31
CY2024Q3	us-gaap	Lessee Operating Lease Discount Rate LesseeOperatingLeaseDiscountRate	0.09	pure
CY2024Q3	MXC	Operating Lease Amortization OperatingLeaseAmortization	26974	usd
CY2024Q3	MXC	Operating Lease Amendment OperatingLeaseAmendment	158073	usd
CY2024Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	150362	usd
CY2024Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	48767	usd
CY2024Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	101595	usd
CY2024Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	150362	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	30160	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	60320	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	60320	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	20107	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	170907	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	20545	usd
CY2024Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	150362	usd
CY2024Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	48767	usd
	us-gaap	Sublease Income SubleaseIncome	6887	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	21334	usd
CY2022Q3	us-gaap	Income Tax Examination Description IncomeTaxExaminationDescription	IRA 2022, among other tax provisions, imposes a 15% corporate alternative minimum tax on corporations with book financial statement income in excess of $1.0 billion, effective for tax years beginning after December 31, 2022. The IRA 2022 also establishes a 1% excise tax on stock repurchases made by publicly traded U.S. corporations, effective for stock repurchases in excess of an annual limit of $1.0 million after December 31, 2022
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	2962	usd
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	1875	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	625	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	0	shares
	us-gaap	Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit	3.34
	us-gaap	Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit	18.05
CY2024Q3	us-gaap	Area Of Land AreaOfLand	4160	sqft
CY2024Q2	us-gaap	Lessee Operating Lease Option To Extend LesseeOperatingLeaseOptionToExtend	the Company agreed to re-extend its lease at a flat (unescalated) rate for another 36 months. The amended lease now expires on July 31, 2027
CY2024Q2	us-gaap	Lease Expiration Date1 LeaseExpirationDate1	2027-07-31
CY2024Q3	us-gaap	Lessee Operating Lease Discount Rate LesseeOperatingLeaseDiscountRate	0.09	pure
CY2024Q3	MXC	Operating Lease Rightofuse Asset Gross OperatingLeaseRightofuseAssetGross	19263	usd
CY2024Q3	MXC	Operating Lease Amortization OperatingLeaseAmortization	26974	usd
CY2024Q3	MXC	Operating Lease Amendment OperatingLeaseAmendment	158073	usd
CY2024Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	150362	usd
CY2024Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	48767	usd
CY2024Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	101595	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	30160	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	60320	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	60320	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	20107	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	170907	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	20545	usd
CY2024Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	150362	usd
CY2024Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	48767	usd
CY2024Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	101595	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	22580	usd
	us-gaap	Sublease Income SubleaseIncome	6887	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	21334	usd
CY2022Q3	us-gaap	Income Tax Examination Description IncomeTaxExaminationDescription	IRA 2022, among other tax provisions, imposes a 15% corporate alternative minimum tax on corporations with book financial statement income in excess of $1.0 billion, effective for tax years beginning after December 31, 2022. The IRA 2022 also establishes a 1% excise tax on stock repurchases made by publicly traded U.S. corporations, effective for stock repurchases in excess of an annual limit of $1.0 million after December 31, 2022
	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	51692	usd
	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	46986	usd
	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	46164	usd
	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	98678	usd
	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	46164	usd
	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	119661	usd
	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	149862	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	119661	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	149862	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	218339	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	196026	usd
	us-gaap	Deferred Federal State And Local Tax Expense Benefit DeferredFederalStateAndLocalTaxExpenseBenefit	149862	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	218339	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	196026	usd
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.264	pure
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.211	pure
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21	pure
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21	pure
	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	51692	usd
	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	46986	usd
	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	46164	usd
	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	98678	usd
	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	46164	usd
	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	119661	usd
	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	149862	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	119661	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	149862	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	218339	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	196026	usd
	us-gaap	Deferred Federal State And Local Tax Expense Benefit DeferredFederalStateAndLocalTaxExpenseBenefit	171353	usd
	us-gaap	Deferred Federal State And Local Tax Expense Benefit DeferredFederalStateAndLocalTaxExpenseBenefit	149862	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	218339	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	196026	usd
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.264	pure
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21	pure
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21	pure
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	317198	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	269433	usd
	us-gaap	Net Income Loss NetIncomeLoss	608237	usd
	us-gaap	Net Income Loss NetIncomeLoss	735047	usd
CY2024Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2073696	shares
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2122336	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2082194	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2129213	shares
CY2024Q3	us-gaap	Incremental Common Shares Attributable To Written Put Options IncrementalCommonSharesAttributableToWrittenPutOptions	44108	shares
CY2023Q3	us-gaap	Incremental Common Shares Attributable To Written Put Options IncrementalCommonSharesAttributableToWrittenPutOptions	52377	shares
	us-gaap	Incremental Common Shares Attributable To Written Put Options IncrementalCommonSharesAttributableToWrittenPutOptions	44371	shares
	us-gaap	Incremental Common Shares Attributable To Written Put Options IncrementalCommonSharesAttributableToWrittenPutOptions	49506	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2174713	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2126565	shares
CY2024Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.15
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.13
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.29
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.35
CY2024Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.15
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.12
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.29
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.34
CY2024Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	61125	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	60500	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Net Income Per Outstanding Unit Amount AntidilutiveSecuritiesExcludedFromComputationOfNetIncomePerOutstandingUnitAmount	15.34
CY2023Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	63000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	63000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Net Income Per Outstanding Unit Amount AntidilutiveSecuritiesExcludedFromComputationOfNetIncomePerOutstandingUnitAmount	15.32
CY2024Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.50
CY2022Q3	MXC	Excise Tax Percentage ExciseTaxPercentage	0.01	pure
CY2022Q3	MXC	Excise Tax Description On Stock Repurchases ExciseTaxDescriptionOnStockRepurchases	effective for stock repurchases in excess of an annual limit of $1,000,000 after December 31, 2022
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	57766	shares
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	703216	usd
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	26000	shares
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	325256	usd
CY2024Q2	us-gaap	Dividends Dividends	209000	usd
CY2023Q2	us-gaap	Dividends Dividends	213600	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	317198	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	269433	usd
	us-gaap	Net Income Loss NetIncomeLoss	608237	usd
	us-gaap	Net Income Loss NetIncomeLoss	735047	usd
CY2024Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2073696	shares
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2122336	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2082194	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	2129213	shares
CY2024Q3	us-gaap	Incremental Common Shares Attributable To Written Put Options IncrementalCommonSharesAttributableToWrittenPutOptions	44108	shares
CY2023Q3	us-gaap	Incremental Common Shares Attributable To Written Put Options IncrementalCommonSharesAttributableToWrittenPutOptions	52377	shares
	us-gaap	Incremental Common Shares Attributable To Written Put Options IncrementalCommonSharesAttributableToWrittenPutOptions	44371	shares
	us-gaap	Incremental Common Shares Attributable To Written Put Options IncrementalCommonSharesAttributableToWrittenPutOptions	49506	shares
CY2024Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2117804	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2174713	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2126565	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2178719	shares
CY2024Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.15
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.13
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.29
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.35
CY2024Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.15
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.12
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.29
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.34
CY2024Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	61125	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	60500	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Net Income Per Outstanding Unit Amount AntidilutiveSecuritiesExcludedFromComputationOfNetIncomePerOutstandingUnitAmount	15.34
CY2023Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	63000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	63000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Net Income Per Outstanding Unit Amount AntidilutiveSecuritiesExcludedFromComputationOfNetIncomePerOutstandingUnitAmount	15.32
CY2024Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.50
CY2022Q3	MXC	Excise Tax Percentage ExciseTaxPercentage	0.01	pure
CY2022Q3	MXC	Excise Tax Description On Stock Repurchases ExciseTaxDescriptionOnStockRepurchases	effective for stock repurchases in excess of an annual limit of $1,000,000 after December 31, 2022
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	57766	shares
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	703216	usd
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	26000	shares
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	325256	usd
CY2024Q2	us-gaap	Dividends Dividends	209000	usd
CY2023Q2	us-gaap	Dividends Dividends	213600	usd
	us-gaap	Acquisition Costs AcquisitionCosts	900000	usd
	us-gaap	Acquisition Costs AcquisitionCosts	20000	usd
	us-gaap	Acquisition Costs AcquisitionCosts	900000	usd
	us-gaap	Acquisition Costs AcquisitionCosts	20000	usd

Files In Submission

Name	View Source	Status
0001493152-24-044084-index-headers.html	Edgar Link	pending
0001493152-24-044084-index.html	Edgar Link	pending
0001493152-24-044084.txt	Edgar Link	pending
0001493152-24-044084-xbrl.zip	Edgar Link	pending
ex31-1.htm	Edgar Link	pending
ex31-2.htm	Edgar Link	pending
ex32-1.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
form10-q.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
mxc-20240930.xsd	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
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R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
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R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
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R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
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R34.htm	Edgar Link	pending
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R36.htm	Edgar Link	pending
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R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
mxc-20240930_def.xml	Edgar Link	unprocessable
mxc-20240930_lab.xml	Edgar Link	unprocessable
form10-q_htm.xml	Edgar Link	completed
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
mxc-20240930_cal.xml	Edgar Link	unprocessable
mxc-20240930_pre.xml	Edgar Link	unprocessable

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$MXC
MEXCO ENERGY CORP Stock $mxc

2024 Q4 Form 10-Q Financial Statement

#000149315224044084 Filed on November 07, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MXC MEXCO ENERGY CORP Stock $mxc

2024 Q4 Form 10-Q Financial Statement

#000149315224044084 Filed on November 07, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MXC
MEXCO ENERGY CORP Stock $mxc