Mexco Energy Co. (MXC) to Issue Annual Dividend of $0.10 on June 30th

Mexco Energy Co. (NYSE:MXC) declared an annual dividend on Thursday, June 4th. Shareholders of record on Monday, June 15th will be given a dividend of 0.10 per share on Tuesday, June 30th. This represents a yield of 114.0%. The ex-dividend date of this dividend is Monday, June 15th.

Mexco Energy Price Performance

Mexco Energy stock opened at $8.40 on Friday. Mexco Energy has a 12 month low of $7.80 and a 12 month high of $16.48. The company has a fifty day moving average price of $9.17 and a two-hundred day moving average price of $10.04. The company has a market cap of $17.19 million, a PE ratio of 13.33 and a beta of 0.33.

Mexco Energy Company Profile

Mexco Energy Inc is an independent energy company engaged in the acquisition, exploration, development and production of oil and natural gas properties in the United States. The company focuses on identifying and developing onshore unconventional and conventional reservoirs to optimize hydrocarbon recovery and maintain a balanced portfolio of production assets. Its operations encompass both drilling new wells and acquiring producing properties to support steady production growth.

Mexco’s core assets are concentrated in key Texas basins, including the Fort Worth Basin—home to Barnett Shale formations—and select positions in the Permian Basin.