STOCK TITAN

Mexco Energy (NYSE: MXC) board declares $0.10 annual cash dividend

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Mexco Energy Corporation announced that its board of directors declared a regular annual cash dividend of $0.10 per common share. The dividend will be paid on June 30, 2026 to stockholders of record at the close of business on June 15, 2026. The company explains that future dividends will be determined at the board’s discretion based on factors such as liquidity, capital needs, operating results and cash reserves, and it cannot assure that dividends will be authorized or declared in the future.

Positive

  • None.

Negative

  • None.

Insights

Mexco declares a modest $0.10 annual dividend, with future payouts discretionary.

Mexco Energy Corporation has declared a regular annual cash dividend of $0.10 per common share, payable on June 30, 2026 to stockholders of record on June 15, 2026. This signals a continued willingness to return some cash to shareholders.

The company notes that dividends are authorized solely at the board’s discretion and depend on liquidity, capital resources, results of operations and cash reserves. This language highlights that oil and gas industry cyclicality and capital spending needs may influence future dividend levels or timing.

The filing explicitly states there is no assurance that dividends will be authorized or declared in the future or what any future amount might be. Subsequent company communications and filings will clarify whether this $0.10 level is maintained or adjusted in later years.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Dividend per share $0.10 per common share Regular annual cash dividend declared by the board
Dividend payment date June 30, 2026 Date cash dividend will be paid
Dividend record date June 15, 2026 Stockholders of record on this date receive dividend
Business focus Oil and gas properties in Permian Basin Primary operational area of Mexco Energy
regular annual cash dividend financial
"its Board of Directors declared a regular annual cash dividend of $0.10 per common share"
stockholders of record financial
"payable June 30, 2026 to the stockholders of record at the close of business on June 15, 2026"
Stockholders of record are the people or entities whose names appear on a company's official shareholder list on a specific cutoff date set by the company or its transfer agent; only those listed are entitled to receive dividends, vote at shareholder meetings, or participate in other corporate actions. Think of it like a guest list for an event: being on the list on the set day determines who gets the benefits and rights, so investors must own shares before the cutoff to qualify.
liquidity and capital resources financial
"including without limitation, the Company’s liquidity and capital resources, the Company’s results of operations"
Liquidity and capital resources describe a company’s ready access to money and funding: liquidity is the cash and assets that can be quickly used to pay bills, while capital resources are the broader pool of funds a business can draw on for operations and growth, including cash, credit lines, and financing options. Investors care because these determine whether a company can meet short-term obligations, survive shocks, and finance future projects—think of liquidity as a household’s checking account and capital resources as its savings, credit cards and loan options combined.
Permian Basin financial
"engaged in the acquisition, exploration and development of oil and gas properties primarily in the Permian Basin"
independent oil and gas company financial
"is an independent oil and gas company located in Midland, Texas engaged in the acquisition"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
false 0000066418 0000066418 2026-06-04 2026-06-04 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934.

 

Date of Report: June 4, 2026

(Date of earliest event reported)

 

Mexco Energy Corporation

(Exact name of registrant as specified in its charter)

 

CO  1-31785  84-0627918

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification Number)

 

415 W. Wall Street,

Suite 475

Midland, TX

79701
(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code: 432-682-1119

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.13e-4(c))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.50 per share   MXC   NYSE American

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 8.01 Other Events.

 

On June 4, 2026, Mexco Energy Corporation issued a news release to announce that its board of directors declared a regular annual cash dividend of $0.10 per share payable on June 30, 2026 to stockholders of record on June 15, 2026. Attached as Exhibit 99.1 is a copy of the press release relating to the announcement, which is incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit Number   Document
     
99.1   News release dated June 4, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    MEXCO ENERGY CORPORATION
     
Dated: June 4, 2026 By: /s/ Tammy McComic
    Tammy McComic
    President and Chief Financial Officer

 

 

 

 

EXHIBIT 99.1

 

June 4, 2026

 

FOR IMMEDIATE RELEASE

 

Mexco Energy Corporation Declares Dividend on Common Shares

 

MIDLAND, TX – 06/04/2026 – Mexco Energy Corporation (NYSE American: MXC) announced today that its Board of Directors declared a regular annual cash dividend of $0.10 per common share. The dividend is payable June 30, 2026 to the stockholders of record at the close of business on June 15, 2026.

 

Mexco Energy Corporation, a Colorado corporation, is an independent oil and gas company located in Midland, Texas engaged in the acquisition, exploration and development of oil and gas properties primarily in the Permian Basin. For more information on Mexco Energy Corporation, go to www.mexcoenergy.com.

 

Dividends are authorized and determined by the Company’s Board of Directors in its sole discretion. Decisions regarding the payment of dividends are subject to a number of considerations at the time, including without limitation, the Company’s liquidity and capital resources, the Company’s results of operations and anticipated future results of operations, the level of cash reserves the Company maintains to fund future capital expenditures or other needs, and other factors that the Board of Directors deems relevant. The Company can provide no assurance that dividends will be authorized or declared in the future or the amount of any future dividends.

 

For additional information, please contact: Tammy L. McComic, President and Chief Financial Officer, at Mexco Energy Corporation, (432) 682-1119.

 

 

 

FAQ

What dividend did Mexco Energy Corporation (MXC) declare in this 8-K filing?

Mexco Energy Corporation declared a regular annual cash dividend of $0.10 per common share. The company describes this as a recurring annual payout, reflecting its decision to return a portion of cash to shareholders while operating as an independent oil and gas company in the Permian Basin.

When is the Mexco Energy (MXC) dividend record date and payment date?

The dividend is payable on June 30, 2026 to stockholders of record at the close of business on June 15, 2026. Investors must be recorded as shareholders by that record date to receive the $0.10 per share cash dividend payment.

Is Mexco Energy’s (MXC) $0.10 dividend guaranteed in future years?

The $0.10 per share dividend applies to the current declaration only and is not guaranteed going forward. The board emphasizes that future dividends depend on liquidity, capital resources, operating results, cash reserves, and other factors it considers relevant at the time.

Who decides Mexco Energy’s (MXC) future dividend payments?

Mexco Energy states that dividends are authorized and determined solely by its Board of Directors. Decisions consider liquidity, capital resources, current and anticipated results of operations, desired cash reserves for capital expenditures or other needs, and any additional factors the board deems important.

What business does Mexco Energy Corporation (MXC) operate to support dividends?

Mexco Energy Corporation is an independent oil and gas company based in Midland, Texas. It focuses on acquiring, exploring and developing oil and gas properties, primarily in the Permian Basin, and its operating performance and cash generation underpin its ability to fund any future dividends.

Where can investors find more information about Mexco Energy (MXC) and this dividend?

Mexco Energy directs interested parties to its website, www.mexcoenergy.com, for more information. The company also provides a contact, Tammy L. McComic, President and Chief Financial Officer, at phone number (432) 682-1119 for additional dividend or corporate inquiries.

Filing Exhibits & Attachments

4 documents