Mexco Energy Corp (NYSEMKT:MXC): Positive Stock Sentiment

Sentiment for Mexco Energy Corp (NYSEMKT:MXC)

Mexco Energy Corp (NYSEMKT:MXC) institutional sentiment increased to 1 in Q2 2019. Its up 0.67, from 0.33 in 2019Q1. The ratio increased, as 2 active investment managers increased or opened new positions, while 2 sold and decreased their stakes in Mexco Energy Corp. The active investment managers in our partner’s database now own: 18,363 shares, down from 90,688 shares in 2019Q1. Also, the number of active investment managers holding Mexco Energy Corp in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 1 Increased: 0 New Position: 2.

Mexco Energy Corporation, an independent gas and oil company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, condensate, and natural gas liquids in the United States. The company has market cap of $7.99 million. It owns and operates interests in five producing wells; and owns partial interests in approximately 6,000 producing wells located in the states of Texas, New Mexico, Oklahoma, Louisiana, Alabama, Mississippi, Arkansas, Wyoming, Kansas, Colorado, Montana, Virginia, and North Dakota. It currently has negative earnings. As of March 31, 2017, the companyÂ’s total estimated proved reserves were approximately 3.238 million barrels of oil equivalent.

The stock increased 1.47% or $0.06 during the last trading session, reaching $4.13. About 310 shares traded. Mexco Energy Corporation (NYSEMKT:MXC) has declined 25.00% since September 13, 2018 and is downtrending. It has underperformed by 25.00% the S&P500.

Acadian Asset Management Llc holds 0% of its portfolio in Mexco Energy Corporation for 743 shares. Bridgeway Capital Management Inc owns 12,000 shares or 0% of their US portfolio. Moreover, Deutsche Bank Ag has 0% invested in the company for 600 shares. The New York-based Morgan Stanley has invested 0% in the stock. Panagora Asset Management Inc, a Massachusetts-based fund reported 1,997 shares.

More important recent Mexco Energy Corporation (NYSEAMERICAN:MXC) news were published by: Globenewswire.com which released: “Mexco Energy Corporation Reports Third Quarter and Oil and Gas Drilling Results – GlobeNewswire” on February 12, 2019, also Globenewswire.com published article titled: “Mexco Energy Corporation Reports Financial Results for First Quarter and Development of Properties – GlobeNewswire”, Marketwatch.com published: “Mexco Energy Corp. – MarketWatch” on October 14, 2017. More interesting news about Mexco Energy Corporation (NYSEAMERICAN:MXC) was released by: Globenewswire.com and their article: “MEXCO ENERGY CORPORATION REPORTS FINANCIAL RESULTS FOR FISCAL 2019 AND PLANS FOR DEVELOPMENT OF PROPERTIES – GlobeNewswire” with publication date: June 24, 2019.

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