Beddow Capital Management Inc. Purchases Shares of 10,033 Mexco Energy Co. (NYSE:MXC)

Beddow Capital Management Inc. purchased a new stake in Mexco Energy Co. (NYSE:MXC) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 10,033 shares of the company’s stock, valued at approximately $113,000.

Mexco Energy Stock Performance

NYSE MXC opened at $8.40 on Friday. Mexco Energy Co. has a 52-week low of $8.35 and a 52-week high of $16.52. The company has a market capitalization of $17.19 million, a P/E ratio of 13.33 and a beta of 0.53. The company has a fifty day moving average of $11.18 and a 200-day moving average of $11.69.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Mexco Energy in a report on Wednesday. They set a “hold” rating for the company.

Mexco Energy Company Profile

Mexco Energy Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of natural gas, crude oil, condensate, and natural gas liquids in the United States. It owns partial interests in approximately 6,400 gross producing wells located in the states of Texas, New Mexico, Oklahoma, Louisiana, Alabama, Mississippi, Arkansas, Wyoming, Kansas, Colorado, Montana, Virginia, North Dakota, and Ohio.