Mexco Energy Corp

Mexco Energy Corp maintains a strong liquidity position with a current ratio of 5.48 and $1.75 million in cash and equivalents, indicating robust short-term financial flexibility [doc:verified_market_data]. The company has no long-term debt, and its debt-to-equity ratio is 0.0, suggesting a conservative capital structure with minimal leverage [doc:verified_market_data]. The price-to-book ratio of 1.03 and price-to-tangible-book ratio of 1.03 indicate that the company is valued closely to its tangible asset base [doc:verified_market_data]. In terms of profitability, Mexco Energy Corp reported a net income of $1.71 million and an operating income of $1.95 million, translating to a return on equity (ROE) of 9.15% and a return on assets (ROA) of 8.42% [doc:verified_market_data]. These returns are competitive within the oil and gas exploration and production industry, where capital intensity and commodity price volatility are key drivers of performance [doc:verified_market_data]. The company's operations are concentrated in the Permian Basin, with a focus on the Delaware and Midland Basins. It owns producing properties and undeveloped acreage in 14 U.S. states, with a significant portion of its producing wells located in Texas and New Mexico [doc:verified_market_data]. This geographic concentration exposes the company to regional commodity price dynamics and regulatory environments, particularly in the Permian Basin. Mexco Energy Corp's growth trajectory is supported by its capital expenditure of -$3.42 million, indicating a net outflow for investment in its operations [doc:verified_market_data]. The company's free cash flow of $539,440 suggests that it is generating positive cash flow from operations after capital expenditures, which can be reinvested or returned to shareholders [doc:verified_market_data]. The company's revenue of $7.36 million reflects its current scale of operations, with no immediate dilution or liquidity risks identified [doc:verified_market_data]. The risk assessment for Mexco Energy Corp indicates low liquidity and dilution risk, with no immediate filing-based flags detected [doc:verified_market_data]. The company's conservative capital structure, with no long-term debt, reduces exposure to interest rate fluctuations and refinancing risk. However, the company's reliance on the oil and gas sector exposes it to commodity price volatility, which is a key risk factor in the industry [doc:verified_market_data]. Recent events and filings for Mexco Energy Corp have not indicated any material changes in its financial or operational status. The company's focus on the Permian Basin and its conservative financial position suggest a stable near-term outlook. The absence of dilution risk and the company's strong liquidity position support its ability to navigate potential market downturns [doc:verified_market_data].