Mexco Energy Corporation (NYSE American: MXC) announced its financial results for the first quarter of fiscal 2026, ending June 30, 2025. The company reported a net income of $241,951, or $0.12 per diluted share. This marks a 17% decrease compared to the net income of $291,039, or $0.14 per diluted share, for the same period in 2024. Operating revenues for the first quarter of fiscal 2026 were $1.81 million, reflecting a 5% increase from $1.73 million in the first quarter of fiscal 2025. This increase was driven by a 16% rise in oil production volumes, a 25% increase in natural gas production volumes, a 62% increase in the average natural gas price, and a 49% rise in revenues from the company's investment in a limited liability company. These gains were partially offset by a 21% decrease in the average oil price. The company also shared its outlook for the fiscal year ending March 31, 2026, expecting to participate in the drilling of 35 and completion of 17 horizontal wells, with an estimated aggregate cost of approximately $1.2 million. To date, about $350,000 has been expended. Mexco Energy Corporation is evaluating additional prospects for participation during this fiscal year. The company, located in Midland, Texas, focuses on the acquisition, exploration, and development of oil and gas properties primarily in the Permian Basin.