Mexco Energy Corporation

NYSE American MXC

Mexco Energy Corporation Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2024: 0.01

Mexco Energy Corporation Debt to Equity Ratio is 0.01 for the Trailing 12 Months (TTM) ending September 30, 2024, a 27.44% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Mexco Energy Corporation Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2023 was 0.00, a -57.12% change year over year.
  • Mexco Energy Corporation Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2022 was 0.01, a -89.74% change year over year.
  • Mexco Energy Corporation Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2021 was 0.09, a -17.73% change year over year.
  • Mexco Energy Corporation Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2020 was 0.11.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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NYSE American: MXC

Mexco Energy Corporation

CEO Mr. Nicholas C. Taylor
IPO Date May 3, 1994
Location United States
Headquarters 415 West Wall
Employees 3
Sector Energy
Industries
Description

Mexco Energy Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of natural gas, crude oil, condensate, and natural gas liquids in the United States. It owns partial interests in approximately 6,300 gross producing wells located in the states of Texas, New Mexico, Oklahoma, Louisiana, Alabama, Mississippi, Arkansas, Wyoming, Kansas, Colorado, Montana, Virginia, North Dakota, and Ohio. As of March 31, 2022, the company's total estimated proved reserves were approximately 1.616 million barrels of oil equivalent. It also owned leasehold mineral, royalty, and other interests in approximately 2,970 net acres. The company was formerly known as Miller Oil Company and changed its name to Mexco Energy Corporation in April 1980. Mexco Energy Corporation was incorporated in 1972 and is based in Midland, Texas.

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StockViz Staff

January 15, 2025

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