Mexco Energy Co. (NYSE:MXC – Get Free Report) declared an annual dividend on Thursday, June 4th. Investors 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 Stock Down 0.3%
MXC opened at $8.78 on Friday. The business has a fifty day moving average of $9.36 and a 200 day moving average of $10.05. Mexco Energy has a 52-week low of $6.75 and a 52-week high of $16.48. The stock has a market cap of $17.96 million, a P/E ratio of 13.94 and a beta of 0.33.
About Mexco Energy
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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