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Independent Oil Gas

Mexco Energy Corporation, ticker symbol MXC, is a public company listed on the USA's over-the-counter (OTC) market. The company is engaged in the exploration, development, and production of natural gas and oil in the United States. Here is some general information about Mexco Energy Corporation, with a focus on its financials and growth:

1. Financials:

* For the fiscal year ended October 31, 2020, Mexco Energy Corporation reported total revenues of $5.4 million, a decrease of 47.1% compared to the previous fiscal year.

* The company's net income for the fiscal year 2020 was $0.3 million, down from $2.0 million in the previous year.

* The company's earnings per share (EPS) for the fiscal year 2020 were $0.02, down from $0.13 in the previous year.

2. Growth:

* Mexco Energy Corporation's production has been declining in recent years. In the fiscal year 2020, the company produced an average of 64,000 Mcfe (thousand cubic feet equivalent) per day, down from 70,000 Mcfe per day in the previous fiscal year.

* The company has been focusing on its drilling and development activities in the Permian Basin, which it believes has the potential for long-term growth.

* Mexco Energy Corporation has been active in acquiring oil and gas properties, which it believes will provide opportunities for future growth.

It's important to note that the information provided is based on the company's financial reports for the fiscal year ended October 31, 2020. To get the most up-to-date information about Mexco Energy Corporation, you should consult the company's latest financial reports and filings with the Securities and Exchange Commission (SEC). Additionally, it's recommended that you consult with a financial advisor before making any investment decisions.