Key Highlights

• Mexco Energy Corp recorded net income of $1.31 million for the year ended March 31 2026.

• Total revenue for the period was $6.55 million, reflecting an 8% drop in oil sales.

• The company filed its results as Exhibit 99.1 in compliance with the Securities Exchange Act of 1934.

Mexco Energy Corp (NYSE American: MXC) released its fiscal 2026 financial results on June 29 2026. The company disclosed a profit of $1.31 million on revenues of $6.55 million, while oil revenue decreased by 8% year over year.

Fiscal 2026 Performance

The earnings statement shows net income of $1.31 million, confirming the firm maintained profitability despite a contraction in oil pricing. Revenue of $6.55 million represents the total earnings from all operating segments for the year ending March 31 2026.

Oil Revenue Decline

Oil sales slipped 8% during the reporting period, a trend that pressured overall revenue growth. The reduction in oil income was the primary driver behind the modest revenue figure, highlighting exposure to volatile commodity markets.

SEC Compliance Filing

Mexco Energy filed the results as Exhibit 99.1, satisfying disclosure requirements under the Securities Exchange Act of 1934. The filing includes the audited financial statements and supporting exhibits, ensuring transparency for shareholders and regulators.

2027 Drilling Outlook

In the same release, the company outlined its drilling agenda for 2027, focusing on expanding production capacity in existing fields. While no financial targets were provided for the upcoming year, the operational plan signals a strategic push to offset recent revenue headwinds.

Shareholder Impact

The reported profit of $1.31 million translates into a modest earnings cushion for MXC shareholders. The earnings per share metric was not disclosed, but the net income figure provides a baseline for evaluating future profitability.

Market Context

The results arrive as the broader energy sector navigates fluctuating oil prices and shifting demand patterns. Mexco Energy’s ability to generate profit despite an 8% decline in oil revenue may be viewed as a resilience indicator by investors tracking the energy segment.

This article is for informational purposes only and does not constitute financial advice. Please consult a licensed financial adviser before making investment decisions.