Mexco Energy Corporation
MXCMexco Energy Corporation (MXC) is an independent oil and natural gas exploration and production company based in the United States. Founded in 1982, it primarily focuses on the acquisition, exploration, and development of hydrocarbon properties in the Texas and New Mexico regions. Mexco manages a portfolio of oil and gas assets aimed at generating consistent production and cash flow.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| June 30, 2026 | $0.10 | 2026-06-15 | 2026-06-15 |
| June 16, 2025 | $0.10 | 2025-06-02 | 2025-06-02 |
| June 4, 2024 | $0.10 | 2024-05-20 | 2024-05-21 |
| May 15, 2023 | $0.10 | 2023-04-28 | 2023-05-01 |
Dividends Summary
- Consistent Payer: Mexco Energy Corporation has rewarded shareholders with 4 dividend payments over the past 3 years.
- Total Returned Value: Investors who held MXC shares during this period received a total of $0.40 per share in dividend income.
- Latest Payout: The most recent dividend of $0.10/share was paid 18 days ago, on June 30, 2026.
- Yield & Schedule: MXC currently pays dividends yearly with an annual yield of 1.14%.
- Dividend Growth: Since 2023, the dividend payout has grown by 0.0%, from $0.10 to $0.10.
Company News
MEXC cryptocurrency exchange has listed Pharos (PROS), a Layer 1 blockchain designed for RealFi, on April 28, 2026. The listing includes an Airdrop+ event offering 41,667 PROS and 10,000 USDT in rewards. Pharos has raised approximately $52 million and features institutional-grade compliance at the protocol level, backed by investors including Sum...
Mexco Energy Corporation reported Q3 fiscal 2026 net income of $50,245 ($0.02 per diluted share), down 89% year-over-year, primarily driven by declining oil prices. Nine-month revenues decreased 8% to $4.9 million. The company continues drilling operations with $1.6 million budgeted for 50 horizontal wells and has invested $650,000 in royalty and...
Mexco Energy Corporation reported a net income of $241,951 for Q1 fiscal 2026, a 17% decrease from the previous year. The company saw a 5% increase in operating revenues, driven by higher production volumes and natural gas prices.
Mexco Energy reported net income of $1.7 million for fiscal year 2025, a 27% increase from 2024. The company saw an 11% increase in operating revenues, driven by increased oil and natural gas production volumes, despite lower average sale prices.
XenDex's $XDX token, built on the XRP Ledger, is nearing the end of its presale. Analysts predict a major surge in price once the token is listed on major exchanges like Binance, Gate.io, and MEXC.
