Maxcom S.A. (MXC)
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Maxcom S.A. Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Nicholas C. Taylor CEO | WSE Exchange | PLMXCMS00016 ISIN |
| US Country | 3 Employees | 15 Jun 2026 Last Dividend | 14 Feb 2002 Last Split | 5 Mar 1997 IPO Date |
Overview
Mexco Energy Corporation is an independent oil and gas company focused on the acquisition, exploration, development, and production of natural gas, crude oil, condensate, and natural gas liquids primarily in the United States. With its roots tracing back to 1972 and originally known as Miller Oil Company, it underwent a name change to Mexco Energy Corporation in April 1980. The company has positioned itself within the energy sector by owning partial interests in approximately 6,400 gross producing wells across a diverse range of states including Texas, New Mexico, Oklahoma, Louisiana, Alabama, Mississippi, Arkansas, Wyoming, Kansas, Colorado, Montana, Virginia, North Dakota, and Ohio. Additionally, it holds leasehold mineral, royalty, and other interests spanning approximately 2,768 net acres. Mexco Energy Corporation is headquartered in Midland, Texas, reflecting its strong ties to one of the heartlands of the US oil and gas industry.
Products and Services
- Natural Gas - Mexco Energy Corporation is involved in the exploration and production of natural gas, contributing to the domestic and commercial energy supply.
- Crude Oil - The company extracts crude oil, a primary global energy source used in various industries including transportation and manufacturing.
- Condensate - Engaging in the production of condensate, Mexco Energy diversifies its product portfolio. Condensate is a valuable hydrocarbon liquid often associated with natural gas production.
- Natural Gas Liquids (NGLs) - Mexco also focuses on the production of NGLs, a group of hydrocarbons that are in liquid state under surface pressure and temperature. These are essential for the petrochemical manufacturing, heating, and cooking.
