StockNews.com assumed coverage on shares of Mexco Energy (NYSE:MXC – Free Report) in a report published on Thursday morning. The firm issued a hold rating on the stock.
Mexco Energy Price Performance
NYSE:MXC opened at $11.68 on Thursday. The firm has a market cap of $23.93 million, a PE ratio of 20.28 and a beta of 0.56. The company has a 50-day moving average of $11.75 and a 200 day moving average of $11.93. Mexco Energy has a 1-year low of $9.41 and a 1-year high of $16.52.
Mexco Energy (NYSE:MXC – Get Free Report) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.15 earnings per share for the quarter. The firm had revenue of $1.75 million during the quarter. Mexco Energy had a net margin of 17.59% and a return on equity of 6.94%.
About Mexco Energy
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 6,400 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.
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