Mexco Energy (MXC) Operating Expenses (2010 - 2026)
Mexco Energy (MXC) posted Operating Expenses of $1.1 million for Q1 2026, down 11.51% sequentially from $1.3 million in Q4 2025, and down 10.02% YoY from $1.3 million in Q1 2025.
Mexco Energy (MXC) Operating Expenses (2010 - 2026) Analysis & Trends
Mexco Energy has reported Operating Expenses for 17 years, with the latest figure at $1.1 million in Q1 2026.
- Quarterly Operating Expenses fell 10.02% year-over-year to $1.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.3 million (down 2.17% YoY) and the FY2026 annual result came in at $5.3 million, down 2.17% from the prior year.
- Operating Expenses fell to $1.1 million in Q1 2026 per MXC's latest filing, from $1.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $1.5 million in Q2 2025 and troughed at $1.1 million in Q3 2022.
- A 5-year average of $1.3 million and a median of $1.3 million in 2025 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses surged 70.3% in 2022, then declined 10.55% in 2025.
- Over 5 years, Operating Expenses stood at $1.3 million in 2022, then declined by 10.03% to $1.1 million in 2023, then increased by 26.33% to $1.4 million in 2024, then slipped by 10.55% to $1.3 million in 2025, then retreated by 11.51% to $1.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $1.1 million, $1.3 million, and $1.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 2.43 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 114.95 Mn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 5.09 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 3.05 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 5.03 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 4.55 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 54.24 Mn |
| 10 | Mexco Energy | 20.21 Mn | 17.44 Mn | 1.28 Mn | 1.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.14 Mn |
| Dec 31, 2025 | 1.29 Mn |
| Sep 30, 2025 | 1.37 Mn |
| Jun 30, 2025 | 1.48 Mn |
| Mar 31, 2025 | 1.27 Mn |
| Dec 31, 2024 | 1.44 Mn |
| Sep 30, 2024 | 1.34 Mn |
| Jun 30, 2024 | 1.35 Mn |
| Mar 31, 2024 | 1.35 Mn |
| Dec 31, 2023 | 1.14 Mn |
| Sep 30, 2023 | 1.09 Mn |
| Jun 30, 2023 | 1.18 Mn |
| Mar 31, 2023 | 1.25 Mn |
| Dec 31, 2022 | 1.27 Mn |
| Sep 30, 2022 | 1.08 Mn |
| Jun 30, 2022 | 1.12 Mn |
| Mar 31, 2022 | 1.13 Mn |
| Dec 31, 2021 | 806,180.00 |
| Sep 30, 2021 | 837,135.00 |
| Jun 30, 2021 | 856,532.00 |