Michael Banschbach - Mexco Energy Independent Director

MXC Stock  USD 11.50  0.27  2.40%   

Director

Mr. Michael J. Banschbach is an Independent Director of the Company since 2014.
Age 61
Tenure 10 years
Address 415 West Wall, Midland, TX, United States, 79701
Phone432 682 1119
Webhttps://www.mexcoenergy.com
Banschbach graduated from the Colorado School of Mines in 1980 with a BS degree in Chemical Engineering. Thereafter, Mr. Banschbach served with Atlantic Richfield for twenty years, primarily in the gas processing midstream sector, as both an engineer and as a commercial representative. From 2001 until the present time, he has represented numerous independent oil and gas producing companies in negotiations with midstream companies for the connection of newly drilled wells and for the sale of their oil and gas production. He has conducted seminars describing the movement of gas from the wellhead to the burner tip, and the various financial transactions that take place along the way. He also serves with various charitable organizations.

Mexco Energy Management Efficiency

The company has Return on Asset of 0.0578 % which means that on every $100 spent on assets, it made $0.0578 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0703 %, implying that it generated $0.0703 on every 100 dollars invested. Mexco Energy's management efficiency ratios could be used to measure how well Mexco Energy manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.07. The current year's Return On Capital Employed is expected to grow to 0.10. At present, Mexco Energy's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Return On Tangible Assets is expected to grow to 0.07, whereas Total Assets are forecasted to decline to about 12.4 M.
Mexco Energy has 19.26 K in debt with debt to equity (D/E) ratio of 0.01, which may show that the company is not taking advantage of profits from borrowing. Mexco Energy has a current ratio of 6.1, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Mexco to invest in growth at high rates of return.

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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. Mexco Energy Corporation was incorporated in 1972 and is based in Midland, Texas. Mexco Energy operates under Oil Gas EP classification in the United States and is traded on AMEX Exchange. It employs 2 people. Mexco Energy (MXC) is traded on NYSE MKT Exchange in USA. It is located in 415 West Wall, Midland, TX, United States, 79701 and employs 3 people. Mexco Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Mexco Energy Leadership Team

Elected by the shareholders, the Mexco Energy's board of directors comprises two types of representatives: Mexco Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mexco. The board's role is to monitor Mexco Energy's management team and ensure that shareholders' interests are well served. Mexco Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mexco Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Tamala McComic, President, Chief Financial Officer, Treasurer, Assistant Secretary
Thomas Craddick, Director
Nicholas Taylor, Chairman of the Board, Chief Executive Officer
Michael Banschbach, Independent Director
Stacy Hardin, Secretary Treasurer
Kenneth Clayton, Independent Director
Donna Yanko, Vice President Corporate Secretary
Paul Hines, Independent Director
Christopher Schroeder, Independent Director
Thomas Decker, Independent Director
Tamala CPA, CFO and Presidentident

Mexco Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Mexco Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Mexco Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mexco Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mexco Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mexco Energy Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mexco Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For information on how to trade Mexco Stock refer to our How to Trade Mexco Stock guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mexco Energy. If investors know Mexco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mexco Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.25
Earnings Share
0.57
Revenue Per Share
3.313
Quarterly Revenue Growth
0.244
Return On Assets
0.0578
The market value of Mexco Energy is measured differently than its book value, which is the value of Mexco that is recorded on the company's balance sheet. Investors also form their own opinion of Mexco Energy's value that differs from its market value or its book value, called intrinsic value, which is Mexco Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mexco Energy's market value can be influenced by many factors that don't directly affect Mexco Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mexco Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mexco Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mexco Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.