StockNews.com assumed coverage on shares of Mexco Energy (NYSE:MXC – Get Free Report) in a research note issued on Wednesday. The firm set a “hold” rating on the stock.
Mexco Energy Stock Performance
Shares of MXC stock opened at $13.16 on Wednesday. Mexco Energy has a 1 year low of $9.41 and a 1 year high of $16.52. The stock has a fifty day moving average of $11.77 and a two-hundred day moving average of $11.91. The firm has a market capitalization of $26.97 million, a PE ratio of 23.08 and a beta of 0.56.
Mexco Energy (NYSE:MXC – Get Free Report) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.15 earnings per share (EPS) for the quarter. Mexco Energy had a return on equity of 6.94% and a net margin of 17.59%. The company had revenue of $1.75 million during the quarter.
Mexco Energy Company Profile
Mexco Energy Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of natural gas, crude oil, condensate, and natural gas liquids in the United States. It owns partial interests in approximately 6,400 gross producing wells located in the states of Texas, New Mexico, Oklahoma, Louisiana, Alabama, Mississippi, Arkansas, Wyoming, Kansas, Colorado, Montana, Virginia, North Dakota, and Ohio.
Further Reading
- Five stocks we like better than Mexco Energy
- 5 Top Rated Dividend Stocks to Consider
- SAP’s Strong Momentum: A Bullish Setup for Investors
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- BlackRock Breaks Records: Why the Stock Still Has Room to Run
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Duke vs. NRG: Which Energy Stock Will Power Higher Gains?
Receive News & Ratings for Mexco Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mexco Energy and related companies with MarketBeat.com's FREE daily email newsletter.
