How to Buy Mexco Energy Stock
Mexco Energy Corp
Mexco Energy Corp. operates as an independent oil and gas company, which engages in the acquisition, exploration, development, and production of natural gas properties and crude oil.
Mexco Energy stock last closed at $12.74, down 17.22% from the previous day, and has decreased 7.95% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.22 percentage points. Mexco Energy stock is currently +41.24% from its 52-week low of $9.02, and -22.88% from its 52-week high of $16.52.
At the moment, there are 2.1M MXC shares outstanding. The market capitalization of MXC is $26.73M. In the past 24 hours, 27,810 MXC shares were traded.
How to Buy Mexco Energy Stock
Not sure how to invest in Mexco Energy stock? Here's how.
- Decide where to buy Mexco Energy stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Mexco Energy stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Pick your payment method and add your information.
- Evaluate Mexco Energy stock: The Mexco Energy ticker symbol is MXC. Is Mexco Energy stock a good investment? Should you buy shares of MXC? How do MXC's underlying business fundamentals look? Do top analysts think Mexco Energy is a good buy? Why has MXC's stock price moved recently? (Hint: Our stock analysis website can help you understand if MXC is a good stock to buy).
- Execute your MXC trade: Decide if you will purchase MXC shares at the current market price or use a limit order to purchase MXC stock at a given price.
- Get notifications regarding your investment in MXC: Create a watchlist to monitor your new investment in Mexco Energy stock.
Step 1: Decide where to buy Mexco Energy stock
You will need a brokerage account in order to access the NYSEMKT market and buy MXC shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal info so you can invest in MXC stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start a new brokerage account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have finished signing up on the highest rated app to buy and sell stocks, you can securely and quickly fund your account:
Watch the video below if you need help transferring funds into your brokerage account.
Step 4: Evaluate Mexco Energy stock
Once you have selected the best place to buy Mexco Energy stock, it's very important to research their stock prior to investing, so you can wrap your head around the risk as well as the upside.
Mexco Energy stock data
Mexco Energy Overview
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on MXC's stock page.
Is MXC stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge MXC's intrinsic value.
Using relative valuations ratios:
- MXC may be overvalued based on its P/E ratio of 13.7x, relative to Oil & Gas E&P industry P/E ratio of 13.14x
- MXC could be undervalued based on its P/B ratio of 1.53x, relative to Oil & Gas E&P industry P/B ratio of 2.12x
- MXC could be undervalued based on its PEG ratio of 0.41x
You can access additional valuation research on MXC's stock here.
MXC Financial Overview
Signs that MXC is financially healthy:
- Total MXC debt is lower than 5 years ago, relative to shareholder equity.
- MXC has a low debt to equity ratio of 0.07.
- MXC earnings of $2.44M is not enough to cover its interest payments.
- MXC's operating cash flow of $5.54M allows it to safely service it's debt of $33.55k.
- There are more short-term assets than short-term liabilities on the MXC balance sheet.
- There are more short-term assets than long-term liabilities on the MXC balance sheet.
Signs that MXC is not financially healthy:
- MXC profit margin has gone down from 49.9% to 28.4% in the past year.
MXC Trading Indicators
Is MXC Making Money?
Last year, MXC earnings were $1.99M. In the last 5 year, MXC's earnings have gone up by 46.04% per year. This was faster than the Oil & Gas E&P industry average of 15.45%.
Last year, MXC revenue was $7.01M. During the last five year, MXC's revenue has increased by 19.55% per year. This was slower than the Oil & Gas E&P industry average of 19.65%.
You can research MXC's earnings and revenue performance here.
Are MXC executives and large shareholders buying or selling the stock?
Over the past year, insiders at MXC have bought more shares than they have sold.
Stacy D. Hardin, SECRETARY of MXC, was the latest MXC insider to buy. They bought $1,172.34 worth of MXC stock on Apr 15, 2024.
Get more info about who owns MXC stock here.
Can I rely on MXC as an income stream?
Mexco Energy pays a dividend of 0.78%, compared to the Oil & Gas E&P industry's average dividend yield of 3.62%. If you owned $1,000 worth of MXC stock, you would have been paid $7.85 in the past 12 months.
Find more data about Mexco Energy dividend yield and history here.
MXC Social Trading Data
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your MXC trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact price limit, use a limit order.
Click the Open Trade button and your broker will place your order.
If you want more info about buying stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your investment in MXC
Now that you own some shares in MXC, you'll want to keep up with your new shares.
Create a watchlist to get notified of important updates regarding your MXC stock.
MXC Feed
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How to Buy Stock in Mexco Energy
To summarize, here are the 6 steps to buy stock in Mexco Energy:
- Decide where to buy Mexco Energy stock
- Create a brokerage account
- Deposit funds into your investment account
- Evaluate Mexco Energy stock
- Execute your MXC trade
- Get notifications regarding your investment in MXC
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep track of your investment in Mexco Energy, create your watchlist below.
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