Mexco Energy Corp MXC
$9.49 $0.39 (3.95%) 1D
Last Updated: Aug 21, 12:00 AM·XASE
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MXC Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Mexco Energy Corp is classified as halal.
HALAL
Report Source: undefined Quarter Report
Mexco Energy Corp. Stock Analysis MXC
United States Energy Nano Cap Mexco Energy Corp. operates as an independent oil and gas company, which engages in the acquisition, exploration, development, and production of natural gas properties and crude oil. The company is headquartered in Midland, Texas and currently employs 2 full-time employees. The company acquires interests in producing and non-producing oil and gas leases from landowners and leaseholders. The company is focused on two primary areas: the Delaware Basin located in the Western portion of the Permian Basin including Lea and Eddy Counties, New Mexico and Reeves and Loving Counties, 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 also owns producing properties and undeveloped acreage in 14 states. The company owns partial interests in approximately 6,800 producing wells all of which are located within the United States in the states of Texas, New Mexico, Oklahoma, Louisiana, Alabama, Mississippi, Arkansas, Wyoming, Kansas, Colorado, Montana, Virginia, North Dakota, and Ohio.
Mexco Energy Corp (MXC) Chart
Financial Metrics & Statements of Mexco Energy Corp (MXC)
FAQ's for Mexco Energy Corp (MXC)
- As of August 2026, Mexco Energy Corp MXC is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Mexco Energy Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in Mexco Energy Corp if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Mexco Energy Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Mexco Energy Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of Mexco Energy Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Mexco Energy Corp (MXC)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
