Mexco Energy Corporation (MXC) reported net income of $501,065, or $0.24 per diluted share, for the quarter ended June 30, 2026, its first quarter of fiscal 2027. Net income rose 107% from $241,951, or $0.12 per diluted share, in the year-earlier quarter.
Operating revenues increased 13% to $1,983,169 from $1,756,940. The company said the increase was primarily attributable to a 52% increase in average oil price, partially offset by lower oil and natural gas production and a lower average natural gas price.
- First-quarter fiscal 2027 net income was $501,065, compared with $241,951 a year earlier.
- Diluted earnings per share were $0.24, compared with $0.12 in the prior-year quarter.
- Operating revenues were $1,983,169, up 13% from $1,756,940.
- Mexco expects to participate in drilling 53 horizontal wells and completing 20 horizontal wells during fiscal 2027 at an estimated aggregate cost of about $1.8 million.
- The company invested approximately $2.1 million in oil and gas royalty property acquisitions during the quarter.
$MXC Insider Trading Activity
$MXC insiders have traded $MXC stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $MXC stock by insiders over the last 6 months:
- THOMAS H DECKER has made 0 purchases and 2 sales selling 5,000 shares for an estimated $70,375.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$MXC Hedge Fund Activity
We have seen 8 institutional investors add shares of $MXC stock to their portfolio, and 9 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FIRST MANHATTAN CO. LLC. added 40,663 shares (+inf%) to their portfolio in Q1 2026, for an estimated $415,575
- MEIXLER INVESTMENT MANAGEMENT, LTD. removed 15,651 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $159,953
- JANE STREET GROUP, LLC added 12,270 shares (+inf%) to their portfolio in Q1 2026, for an estimated $125,399
- FRUTH INVESTMENT MANAGEMENT removed 10,819 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $110,570
- DIMENSIONAL FUND ADVISORS LP removed 5,009 shares (-13.1%) from their portfolio in Q2 2026, for an estimated $37,460
- CORIENT PRIVATE WEALTH LLC removed 4,500 shares (-30.8%) from their portfolio in Q1 2026, for an estimated $45,990
- TOWER RESEARCH CAPITAL LLC (TRC) added 545 shares (+146.5%) to their portfolio in Q2 2026, for an estimated $4,075
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
