Mexco Energy (MXC, $16.15) posts fiscal 2022 results
Mexco Energy Corporation posted net income of $1.36 per diluted share, for fiscal year 2022, compared to $0.08 per diluted share for fiscal 2021.
Operating revenues in fiscal 2022 rose +135% to $6,587,780, on the back of 22% increase in barrels of oil equivalent (BOE) production and a 93% increase in BOE prices.
The Company was engaged in the drilling of 40 wells consisting of 36 horizontal wells and 4 vertical wells at a cost of around $1,275,000 for the fiscal year ending March.
Mexco’s estimated proved oil reserves at March 31, 2022 climbed +10% to 809 thousand barrels of oil and natural gas liquids, and natural gas reserves was up 5% to 4.842 billion cubic feet over the prior fiscal year.
MXC's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for MXC turned positive on February 27, 2026. Looking at past instances where MXC's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The Momentum Indicator moved above the 0 level on March 05, 2026. You may want to consider a long position or call options on MXC as a result. In of 122 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
MXC moved above its 50-day moving average on February 26, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +4 3-day Advance, the price is estimated to grow further. Considering data from situations where MXC advanced for three days, in of 214 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 149 cases where MXC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for MXC moved out of overbought territory on March 09, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 19 similar instances where the indicator moved out of overbought territory. In of the 19 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MXC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
MXC broke above its upper Bollinger Band on March 05, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. MXC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.254) is normal, around the industry mean (12.420). P/E Ratio (19.667) is within average values for comparable stocks, (26.523). MXC's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (4.132). Dividend Yield (0.009) settles around the average of (0.064) among similar stocks. P/S Ratio (3.545) is also within normal values, averaging (168.540).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. MXC’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 73, placing this stock worse than average.
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General Information
a company which explores, develops and produces oil and gas properties
Industry OilGasProduction
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