November 22, 2016 - By Nellie Frank · 0 Comments
Mexco Energy Corp (NYSEMKT:MXC) institutional sentiment increased to 0.5 in Q2 2016. Its up 0.50, from 0 in 2016Q1. The ratio increased, as 0 investment professionals increased or opened new holdings, while 3 sold and reduced stock positions in Mexco Energy Corp. The investment professionals in our partner’s database now hold: 305,315 shares, down from 306,666 shares in 2016Q1. Also, the number of investment professionals holding Mexco Energy Corp in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 2 Increased: 0 New Position: 0.
Mexco Energy Corporation is an independent gas and oil company. The company has a market cap of $8.44 million. The Firm is engaged in the exploration, development and production of natural gas and crude oil properties located in the United States. It currently has negative earnings. At March 31, 2016, its total estimated proved reserves were approximately 2.051 million barrels of oil equivalent of which 53% was oil and natural gas liquids and 47% was natural gas.
The stock closed at $4.2 during the last session. It is down 68.00% since April 20, 2016 and is uptrending. It has outperformed by 63.44% the S&P500.
According to Zacks Investment Research, “Mexco Energy Corporation is an independent energy company engaged in the exploration for and the acquisition, development and production of oil and gas.”
Bridgeway Capital Management Inc holds 0% of its portfolio in Mexco Energy Corporation for 12,000 shares. Brown Advisory Inc owns 202,400 shares or 0% of their US portfolio. Moreover, California Public Employees Retirement System has 0% invested in the company for 14,900 shares. The New York-based Morgan Stanley has invested 0% in the stock. Northern Trust Corp, a Illinois-based fund reported 69,830 shares.#img1#
Mexco Energy Corporation, incorporated on April 12, 1972, is an independent gas and oil company. The Firm is engaged in the exploration, development and production of natural gas and crude oil properties located in the United States. At March 31, 2016, its total estimated proved reserves were approximately 2.051 million barrels of oil equivalent (Boe) of which 53% was oil and natural gas liquids and 47% was natural gas. The Firm also owns producing properties and undeveloped acreage in approximately 10 states. It acquires interests in producing and non-producing gas and oil leases from landowners and leaseholders in areas considered favorable for gas and oil exploration, development and production. In addition, it may acquire gas and oil interests by joining in gas and oil drilling prospects generated by third parties. It owns interests in and operates approximately 10 producing wells and a water injection well. It owns partial interests in an additional 6,461 producing wells all of which are located within the United States in the states of Texas, New Mexico, Oklahoma, Louisiana, Alabama, Mississippi, Arkansas, Wyoming, Kansas, Colorado, Montana, Virginia and North Dakota.
More notable recent Mexco Energy Corporation (NYSEMKT:MXC) news were published by: Reuters.com which released: “BRIEF-Mexco Energy Corporation announces sale of acreage to Parsley Energy” on October 07, 2016, also Marketwired.com with their article: “Mexco Energy Corporation Announces Sale of Acreage to Parsley Energy” published on October 07, 2016, Quotes.Wsj.com published: “News Mexco Energy Corp.MXC” on February 01, 2001. More interesting news about Mexco Energy Corporation (NYSEMKT:MXC) were released by: Prnewswire.com and their article: “Mexco Energy Corporation Announces Purchase Of Oil And Gas Properties” published on November 26, 2014 as well as Prnewswire.com‘s news article titled: “Mexco Energy Corporation Announces Development of Properties” with publication date: April 28, 2015.
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By Nellie Frank