Mexco Energy first-half FY27 net income jumps 67% to $945,152
MXC•Mexco Energy’s net income rose 67% year over year to $945,152 for the six months ended September 30, 2026, while operating revenue increased 21% to $4.1 million.
1. First-half results
Mexco Energy reported net income of $945,152 for the first six months of FY27, up 67% year over year. Operating revenues climbed 21% to $4.1 million, and the company invested approximately $3.2 million in oil and gas royalty interests during the period.
2. FY27 activity plans
The company plans to participate in drilling 55 horizontal wells and completing 20 horizontal wells during FY27.
