Every 10-K that Mexco Energy Corporation (MXC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow MXC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MXC filings page.
Mexco Energy Corporation filed an amended annual report to add the Part III information that had been intended for its definitive proxy statement, after that proxy was not filed within 120 days of the March 31, 2026 fiscal year-end due to an administrative error. The amendment restates the cover page, governance, executive compensation, ownership and auditor fee disclosures and adds updated Section 302 certifications, while stating there are no changes to previously reported financial statements or results and that it does not update disclosures for events after the original filing.
The board has six members, including one employee director and five non-employees, four of whom are NYSE American independent directors. The audit, compensation and nominating committees are composed entirely of independent directors, and the audit committee chair is designated an audit committee financial expert. As of July 29, 2026 there were 2,046,000 shares outstanding; CEO Nicholas C. Taylor beneficially owned 944,000 shares, or 46.14%, and all officers and directors as a group owned 1,142,718 shares, or 55.53%. A separate holder, Howard Cox, beneficially owned 202,400 shares, or 9.89%.
Executive pay is primarily cash-based. In fiscal 2026 the President and Chief Financial Officer earned $302,550 in salary and bonus, and the Secretary and Assistant Treasurer earned $93,140. Equity incentives consist of options under the 2009 and 2019 Employee Incentive Stock Plans, with 150,883 options outstanding across both plans and 22,750 options held by named executive officers that would accelerate upon a qualifying change in control or certain terminations.
Mexco Energy Corporation reports fiscal year 2026 results driven by U.S. oil and gas production, primarily in the Permian Basin. Oil and gas revenue was approximately $6.55 million, down from $7.12 million, as lower oil prices offset higher natural gas volumes and pricing.
Net income was $1.31 million versus $1.71 million, reflecting softer commodity pricing partially offset by lower production costs. Production totaled 195,765 BOE, with oil providing 81% of sales and the Permian Basin contributing three-quarters of discounted future net cash flows.
At March 31, 2026, proved reserves were 1.437 million BOE with a PV-10 value of $21.13 million, and the standardized measure was $18.67 million. Mexco generated $3.78 million of operating cash flow, funded drilling and mineral acquisitions, maintained a small non-operator workforce, and continued paying a $0.10 per-share annual dividend while running an active share repurchase authorization.
Mexco Energy (NYSE:MXC) filed its Form 10-K for the fiscal year ended March 31, 2025.
Key disclosures include:
- 2,046,000 common shares outstanding as of June 27 2025.
- Aggregate market value of non-affiliate shares on Sept 30 2024: $12.6 million.
- Company remains a Non-Accelerated Filer and Smaller Reporting Company.
- Introduces new Item 1C – Cybersecurity narrative.
- No material legal proceedings noted; registrant is not a shell company.
- Portions of the 2025 Proxy Statement will supply director, executive and compensation information within 120 days.
The report contains audited financial statements, MD&A, reserve data and customer-concentration details, but numerical operating and profitability figures were not provided in this release. Forward-looking statements highlight commodity-price sensitivity and operational risks.