Mexco Energy (FRA:MZB) Exploration Expense (USD Mil) : 0.00 (As of . 20)

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What is Mexco Energy Exploration Expense (USD Mil)?

Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill.

The historical rank and industry rank for Mexco Energy's Exploration Expense (USD Mil) or its related term are showing as below:

FRA:MZB's Exploration Expense (USD Mil) is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Exploration Expense (USD Mil) only.

Mexco Energy Exploration Expense (USD Mil) Historical Data

The historical data trend for Mexco Energy's Exploration Expense (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mexco Energy Exploration Expense (USD Mil) Chart

Mexco Energy (FRA:MZB) Exploration Expense (USD Mil) Explanation

Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill. It includes costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects of containing oil and gas reserves, including costs of drilling exploratory wells and exploratory-type stratigraphic test wells.

Exploration expenses (including prospecting) related to oil and gas producing entities would be included in the operating expenses of the company that entity.

Mexco Energy Exploration Expense (USD Mil) Related Terms

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Mexco Energy (FRA:MZB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mexco Energy Corp (FRA:MZB) » Definitions » Exploration Expense (USD Mil)

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Traded in Other Exchanges

MXC:USA

Address

415 W. Wall Street, Suite 475, Midland, TX, USA, 79701

Website

https://www.mexcoenergy.com

Mexco Energy Corporation is an independent oil and gas company. It is engaged in the exploration, development, and production of natural gas and crude oil properties located in the United States. The company carried out its operation in the Permian Basin of West Texas. It is focusing on two primary areas, the Delaware Basin located in the Western portion of the Permian Basin including Lea and Eddy Counties, New Mexico and Loving County, Texas, and the Midland Basin located in the Eastern portion of the Permian Basin including Reagan, Upton, Midland, Martin, Howard, and Glasscock Counties, Texas. The company generates revenue from Oil sales, Natural gas sales, oil and gas royalty interests.

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