Mexco Energy Co. (NYSE:MXC – Get Free Report) 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
MXC opened at $8.81 on Friday. The company has a market capitalization of $18.03 million, a price-to-earnings ratio of 13.98 and a beta of 0.33. The firm’s fifty day moving average price is $9.40 and its two-hundred day moving average price is $10.06. Mexco Energy has a 1 year low of $6.75 and a 1 year high of $16.48.
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.
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