debt_leverage_profile
0.06x Total Debt / Equity (Conservative)
High
SEC-XBRL
interest_rate_sensitivity
Low sensitivity; minimal long-term debt (~$0 drawn on credit facility), so 200bps rate rise has negligible P&L impact
Inferred
Agent_Inference
geopolitical_supply_exposure
High intensity; OPEC+ supply decisions and Russia-Ukraine conflict drive price volatility.
Medium
GICS-commodity-overlay-v1
supply_chain_dependency
Permian Basin oilfield services concentration and Permian-to-Gulf pipeline takeaway capacity are the two key chokepoints
Inferred
Agent_Inference
international_expansion_readiness
Not applicable; Mexco operates exclusively in US domestic basins with no international revenue exposure
Inferred
Agent_Inference
geographic_footprint
100% US domestic operations in Texas/New Mexico Permian Basin; zero sovereign currency devaluation risk
Inferred
Agent_Inference
commodity_exposure_profile
High intensity; commodities: Crude Oil, Natural Gas, Coal, Refined Petroleum Products, Uranium, Steel (equipment); geopolitical: OPEC+ supply decisions and Russia-Ukraine conflict drive price volatility.
Medium
GICS-commodity-overlay-v1
vendor_lock_dependency_score
Operated wells depend on Pioneer/Permian operators as non-op working interest; single operator concentration exceeds 30% of production
Inferred
Agent_Inference
business_model_type_primary
Cloud infrastructure termination is immaterial; Mexco is a traditional upstream E&P company with no meaningful cloud dependency
Inferred
Agent_Inference
business_model_type_secondary
Operations run on standard oilfield accounting software (WolfePak/PHDWin); no strategic cloud platform dependency
Inferred
Agent_Inference
switching_cost_profile
Minimal API coupling risk; legacy desktop oilfield accounting systems with no material third-party API integration
Inferred
Agent_Inference
howey_test_risk_index
Low Howey risk; revenue from oil and gas commodity sales is clearly not a securities offering
Inferred
Agent_Inference
regulatory_burden_tier
High
Medium
GICS-regulatory-overlay-v1
data_sovereignty_risk
Minimal GDPR/CCPA exposure; no consumer data collected, B2B commodity seller with limited PII obligations
Inferred
Agent_Inference
antitrust_exposure_flag
Negligible; micro-cap non-operator with sub-1% Permian market share poses no antitrust concern
Inferred
Agent_Inference
regulatory_exposure_profile
High burden; regimes: EPA, FERC, DOE, CFTC, OSHA, SEC; Accelerating emissions mandates and methane rules threaten capex economics.
Medium
GICS-regulatory-overlay-v1
revenue_model_type
~100% transactional; revenue is spot commodity sales of oil and natural gas with no recurring subscription component
Inferred
Agent_Inference
monetization_vector
Commodity price-driven royalty and working interest revenue; no software, service, or subscription monetization
Inferred
Agent_Inference
pricing_architecture
Price-taker model; WTI and Henry Hub benchmarks set all realized prices, no internal pricing power
Inferred
Agent_Inference
pricing_power_rating
Near-zero pricing power; pure commodity price-taker rated 1/10 on pricing power scale
Inferred
Agent_Inference
target_gross_margin_bracket
Gross margins ~55-70% at $70-80 WTI, highly leveraged to oil price; LOE ~$18-22/BOE
Inferred
Agent_Inference
churn_vulnerability_index
No free-rider risk; physical commodity business with no subscription or digital product leakage
Inferred
Agent_Inference
headcount_cost_structure
Highly sublinear; ~7 FTE company, revenue doubling requires minimal incremental headcount given non-operated model
Inferred
Agent_Inference
marginal_cost_of_growth
Growth capital goes to acquiring additional non-op working interests; incremental G&A cost is near zero per new well
Inferred
Agent_Inference
franchise_compliance_risk
Not applicable; no franchise network exists
Inferred
Agent_Inference
customer_acquisition_metric
At 10x scale, non-op model remains viable; pipeline/midstream takeaway and operator relationships become binding constraints
Inferred
Agent_Inference
network_effect_present
No network effects; oil and gas commodity production has zero user-base network dynamics
Inferred
Agent_Inference
asset_efficiency_ratio
7.8% Return on Assets (Excellent)
High
SEC-XBRL
recession_resistance_tier
Low recession resistance; revenue directly correlated to cyclical oil/gas prices, classified as Tier 4 cyclical
Inferred
Agent_Inference
customer_segment_primary
Crude oil purchasers/pipeline gatherers in Permian Basin (e.g., Plains All American, Sunoco Logistics)
Inferred
Agent_Inference
customer_segment_secondary
Natural gas and NGL midstream purchasers in Delaware/Midland Basin; small secondary revenue stream
Inferred
Agent_Inference
characteristic_occupations
["11-0000 Management Occupations", "13-0000 Business and Financial Operations Occupations", "15-0000 Computer and Mathematical Occupations", "17-0000 Architecture and Engineering Occupations", "19-0000 Life, Physical, and Social Science Occupations", "23-0000 Legal Occupations", "41-0000 Sales and Related Occupations", "43-0000 Office and Administrative Support Occupations", "47-0000 Construction and Extraction Occupations", "49-0000 Installation, Maintenance, and Repair Occupations", "53-0000 Transportation and Material Moving Occupations"]
High
SOC-2018/GICS-overlay
agent_automatable_labor_share
0.33 (HIL — ~33% of characteristic roles agent-automatable)
Medium
SOC-2018 + agentic-exposure-v1
capital_expenditure_profile
Capital allocated to bolt-on non-operated WI acquisitions in Permian; no legacy-to-future infrastructure reallocation dynamic
Inferred
Agent_Inference
sec_cik
0000066418
High
SEC-EDGAR
ticker
MXC
High
SEC-EDGAR