Dutton Associates Featured Company: Mexico Energy Corp. (MXC)
Mexico Energy Corporation is an independent oil and gas company, which together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and gas properties in the United States. Most of its business is located in west Texas. The company was incorporated in April 1972 under the name Miller Oil Company, and changed its name to Mexico Energy Corporation effective April 30, 1980. The company’s long-term strategy is to increase shareholder value by increasing oil and natural gas reserves, production and revenues. In addition to exploration, the company also engages in acquiring proven reserves that fit well…
