Insider & Institutional Ownership
5.9% of Mexco Energy shares are owned by institutional investors. Comparatively, 35.7% of California Resources shares are owned by institutional investors. 55.1% of Mexco Energy shares are owned by insiders. Comparatively, 4.1% of California Resources shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Valuation and Earnings
This table compares Mexco Energy and California Resources”s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Mexco Energy | $7.44 million | 2.49 | $1.35 million | $0.79 | 11.46 |
California Resources | $2.63 billion | 0.00 | -$28.00 million | N/A | N/A |
Profitability
This table compares Mexco Energy and California Resources’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Mexco Energy | 18.73% | 7.57% | 6.94% |
California Resources | -95.33% | -4.31% | -3.78% |
Summary
Mexco Energy beats California Resources on 7 of the 9 factors compared between the two stocks.
About Mexco Energy
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. It also owned leasehold mineral, royalty, and other interests in approximately 2,768 net acres. The company was formerly known as Miller Oil Company and changed its name to Mexco Energy Corporation in April 1980. Mexco Energy Corporation was incorporated in 1972 and is based in Midland, Texas.
About California Resources
California Resources Corporation operates as an oil and natural gas exploration and production company in the State of California. The company sells crude oil, natural gas, and natural gas liquids to marketers, California refineries, and other purchasers that have access to transportation and storage facilities. It holds interests in approximately 2.2 million net acres of mineral acreage. As of December 31, 2019, the company had net proved reserves of 644 million barrels of oil equivalent. It also engages in the generation and sale of electricity to the grid and utility customers. The company was founded in 2014 and is based in Los Angeles, California. On July 15, 2020, California Resources Corporation, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.
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