Mexco Energy GAAP EPS of $0.16, revenue of $1.66M

Feb. 09, 2024 1:17 PM ETMexco Energy Corporation (MXC) StockBy: Jaskiran Singh, SA News Editor
  • Mexco Energy press release (NYSE:MXC): Q3 GAAP EPS of $0.16.
  • Revenue of $1.66M.
  • The average sales price of oil and natural gas for the three months ending December 31, 2023, was $78.65 per barrel and $1.82 per Mcf, respectively.
  • The company currently expects to participate in the drilling and completion of 45 horizontal wells in the Delaware Basin located in the western portion of the Permian Basin in Eddy and Lea Counties, New Mexico, three horizontal wells located in the Bakken formation in McKenzie County, North Dakota, and one vertical well in Irion County, Texas.

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