Mexco Energy Corporation (NYSE American: MXC) reported net income of $945,152, or $0.45 per diluted share, for the six months ended September 30, 2026. Net income rose 67% from $565,457, or $0.27 per diluted share, in the prior-year period.
Operating revenues for the first six months of fiscal 2027 increased 21% to $4.10 million. The company cited higher average oil prices, partly offset by lower average natural gas prices and lower oil production.
- Operating revenues were $4,102,157, compared with $3,386,580 in the first six months of fiscal 2026.
- Average oil prices increased 43%, while average natural gas prices decreased 23% and oil production decreased 7%.
- Mexco expects to participate in drilling 55 horizontal wells and completing 20 horizontal wells during the fiscal year ending March 31, 2027.
- Estimated aggregate drilling and completion costs are approximately $1.8 million, with about $900,000 expended to date.
- The company invested approximately $3.2 million in acquiring oil and gas royalty interests during the first six months of fiscal 2027.
$MXC Hedge Fund Activity
We have seen 7 institutional investors add shares of $MXC stock to their portfolio, and 5 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NORTHERN TRUST CORP removed 57,320 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $428,679
- FIRST MANHATTAN CO. LLC. added 29,140 shares (+71.7%) to their portfolio in Q2 2026, for an estimated $217,929
- JANE STREET GROUP, LLC removed 12,270 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $91,763
- UBS GROUP AG removed 1,104 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $10,863
- ACADIAN ASSET MANAGEMENT LLC removed 701 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $5,242
- TOWER RESEARCH CAPITAL LLC (TRC) added 545 shares (+146.5%) to their portfolio in Q2 2026, for an estimated $4,075
- MORGAN STANLEY removed 199 shares (-99.5%) from their portfolio in Q2 2026, for an estimated $1,488
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.
