Mexco Energy Corporation

Mexco Energy Corporationverified

MXC

Price:

$11.44

Market Cap:

$23.86M

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 former...[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

1994-05-03

Stock Exchange

AMEX

Ticker

MXC

The Current Ratio as of September 2024 (TTM) for Mexco Energy Corporation (MXC) is 6.88

According to Mexco Energy Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 6.88. This represents a change of -43.39% compared to the average of 12.16 of the last 4 quarters.

Mexco Energy Corporation (MXC) Historical Current Ratio (quarterly & annually)

How has MXC Current Ratio performed in the past?

The mean historical Current Ratio of Mexco Energy Corporation over the last ten years is 5.35. The current 6.88 Current Ratio has changed 12.77% with respect to the historical average. Over the past ten years (40 quarters), MXC's Current Ratio was at its highest in in the December 2023 quarter at 17.85. The Current Ratio was at its lowest in in the June 2015 quarter at 0.70.

Quarterly (TTM)
Annual

Average

5.35

Median

3.53

Minimum

1.07

Maximum

14.46

Mexco Energy Corporation (MXC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Mexco Energy Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 243.90%

Maximum Annual Current Ratio = 14.46

Minimum Annual Increase = -48.19%

Minimum Annual Current Ratio = 1.07

Quarterly (TTM)
Annual
YearCurrent RatioChange
20248.58-40.67%
202314.4639.51%
202210.3689.53%
20215.47170.21%
20202.02-40.19%
20193.3810.15%
20183.07-16.50%
20173.68243.90%
20161.07-23.26%
20151.39-48.19%

Mexco Energy Corporation (MXC) Average Current Ratio

How has MXC Current Ratio performed in the past?

The current Current Ratio of Mexco Energy Corporation (MXC) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

11.13

5-year avg

8.18

10-year avg

5.35

Mexco Energy Corporation (MXC) Current Ratio vs. Peers

How is MXC’s Current Ratio compared to its peers?

Mexco Energy Corporation’s Current Ratio is greater than PHX Minerals Inc. (5.05), greater than Granite Ridge Resources, Inc (2.24), greater than XXL Energy Corp. (0.01), greater than Coastal Caribbean Oils & Minerals, Ltd. (0.01), greater than Permianville Royalty Trust (0), greater than VOC Energy Trust (0), greater than GeoPark Limited (1.16), greater than SilverBow Resources, Inc. (0.63), greater than Chesapeake Energy Corporation (2.16), greater than PrimeEnergy Resources Corporation (0.61), greater than Riley Exploration Permian, Inc. (0.63), greater than BPI Energy Holdings, Inc (0.09), greater than Imperial Resources, Inc. (0.27), less than Strat Petroleum, Ltd. (0), greater than Continental Energy Corporation (0.14), less than ParaFin Corporation (0), greater than Northern Oil and Gas, Inc. (0.89), greater than Evolution Petroleum Corporation (1.37), less than Houston American Energy Corp. (10.05), greater than Ring Energy, Inc. (0.50),

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