8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15 (d) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (date of earliest event reported):   November 13, 2003

EXX INC

(Exact name of registrant as specified in its charter)

Nevada	1-5654	88-0325271
(State or other	(Commission File	(I.R.S. Employer
jurisdiction of	Number)	Identification Number)
organization)

1350 East Flamingo Road, Suite 300
Las Vegas, Nevada	89119-5263
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code:   (702) 598-3223

Item 7.     Financial Statements and Exhibits

   (C)     Exhibits

     99.1 Earnings Press Release, dated November 13, 2003

Item 12.     Results of Operations and Financial Condition

On November 13, 2003, EXX INC (the “Registrant” issued a press release announcing its financial results for the quarter and nine months ended September 30, 2003. A copy of the press release is attached hereto and incorporated herein as Exhibit 99.1. This Form 8-K, including Exhibit 99.1 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:     November 17, 2003

EXX INC
By:	/S/     DAVID A. SEGAL
	Chairman of the Board
	Chief Executive Officer
	Chief Financial Officer

EXHIBIT INDEX

Exhibit No.	Description
99.1	Earnings Press Release, dated November 13, 2003

EX-99.1

CONTACT:	BARRY BORODKIN	Exhibit 99.1
TELEPHONE:	212-242-5444
FAX:	212-206-0011
RE:	EXX INC

EXX INC

Suite 689

1350 East Flamingo Road

Las Vegas, NV 89119

EXX INC ANNOUNCES SUBSTANTIAL INCREASE IN 3^RD QUARTER PERIOD TO PERIOD SALES

AND NET INCOME

Las Vegas, NV. November 13, 2003 - EXX INC (Amex: EXX-A and EXX-B) today announced its consolidated sales and net income for the quarter and nine months ended September 30, 2003. The increase in sales and profits was due primarily to the inclusion of the results of our Newcor, Inc. subsidiary, which was acquired January 31, 2003.

	2003 (A)		2002
	(unaudited)		(unaudited)
Quarter Ended September 30
Sales	$	34,360,000	$	4,208,000
Income from continuing operations		1,497,000		257,000
Income from discontinued operations		306,000		—
Net income	$	1,803,000	$	207,000
Per EXX-A & B Shares:
Basic
Income from continuing operations		.13		.02
Income from discontinued operations		.03		—
Net Income		.16		.02
Assuming dilution
Income from continuing operations		.12		.02
Income from discontinued operations		.02		—
Net Income		.14		.02
Average Shares Outstanding
Basic		11,270,400		11,131,359
Assuming dilution		12,769,441		11,157,073
Nine Months Ended September 30
Sales	$	101,557,000	$	12,203,000
Income from continuing operations		4,769,000		505,000
Income from discontinued operations		576,000		—
Net Income	$	5,345,000	$	505,000
Per EXX-A & B Shares:
Basic
Income from continuing operations		.43		.04
Income from discontinued operations		.05		—
Net Income		.48		.04
Assuming dilution
Income from continuing operations		.40		.04
Income from discontinued operations		.04		—
Net Income		.44		.04
Average Shares Outstanding
Basic		11,166,004		11,297,563
Assuming dilution		12,052,779		11,348,417

(A) Includes results of Newcor, Inc. acquisition as of January 31, 2003.

The above results of operations contain certain forward-looking statements which are covered under the safe harbor provisions of the Private Securities Legislation Reform Act of 1995 with respect to the Company’s future financial performance. Although EXX INC believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be realized. Forward-looking statements involve known and unknown risks which may cause EXX INC’s actual results and corporate developments to differ materially from those expected. Factors that could cause results and developments to differ materially from EXX INC’s expectations include, without limitation, changes in manufacturing and shipment schedules, delays in completing plant construction and acquisitions, new product and technology developments, competition within each business segment, cyclicality of the markets for the products of a major segment, litigation, significant cost variances, the effects of acquisitions and divestitures, and other risks.