MEXCO ENERGY CORP
Mexco Energy Corporation, a Colorado corporation, is an independent oil and gas company engaged in the acquisition, exploration, development, and production of crude oil and natural gas properties loc…
Mexco Energy Corporation, a Colorado corporation, is an independent oil and gas company engaged in the acquisition, exploration, development, and production of crude oil and natural gas properties located in the United States. Incorporated in April 1972 as Miller Oil Company, the Company changed its name to Mexco Energy Corporation effective April 30, 1980. At that time, the Company’s shareholders also approved amendments to the Articles of Incorporation, resulting in a one-for-fifty reverse stock split of the Company’s common stock. Our total estimated proved reserves at March 31, 2026 were approximately 1.437 million barrels of oil equivalent ( MMBOE ) of which 46% was oil and 54% was natural gas, and our estimated present value of proved reserves was approximately $21 million based on estimated future net revenues excluding taxes discounted at 10% per annum, pricing and other assumptions set forth in Item 2 Properties below. Nicholas C. Taylor beneficially owns approximately 46% of the outstanding shares of our common stock. Mr. Taylor is also our Chairman of the Board and Chief Executive Officer. As a result, Mr. Taylor has significant influence in matters voted on by our shareholders, including the election of our Board members. Mr. Taylor participates in all facets of our business and has a significant impact on both our business strategy and daily operations.
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