As of September 30, 2024, Mexco Energy Corporation reported total assets of $19.3 million, reflecting an increase from $19.1 million as of March 31, 2024. Total liabilities rose to $1.8 million, up from $1.4 million during the same period, while total stockholders' equity experienced a slight decline to $17.5 million from $17.6 million.

For the three months ending September 30, 2024, the company achieved operating revenues of $1.7 million, a 24% increase compared to $1.4 million for the same quarter in 2023. This growth was primarily driven by a significant rise in oil sales, which reached $1.5 million, up 38.4% from $1.1 million in the prior year. Net income for the quarter was reported at $317,198, an increase from $269,433 in the same period of 2023.

However, for the six months ended September 30, 2024, net income decreased to $608,237, down from $735,047 in 2023. Operating expenses for this six-month period totaled $850,825, marking a 15% increase from $742,081 in the previous year. Cash flow from operating activities also saw a decline, totaling $2.0 million compared to $2.4 million in 2023. Additionally, net cash used in investing activities increased to $2.1 million from $1.5 million in the prior year.

During the six months ended September 30, 2024, Mexco Energy repurchased 57,766 shares of common stock for $703,216. On April 30, 2024, the Board declared a regular annual dividend of $0.10 per common share, alongside a special dividend of $209,000 paid on June 4, 2024.