As of August 2026, Northern Oil and Gas Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Northern Oil and Gas Inc. Stock Analysis NOG
United States Energy Mid Cap
Northern Oil & Gas, Inc. engages in the acquisition, exploration, development, and production of crude oil and natural gas properties. The company is headquartered in Minnetonka, Minnesota and currently employs 64 full-time employees. The company went IPO on 2006-02-21. The firm is engaged as a non-operator in the acquisition, exploration, development and production of oil and natural gas properties in the United States, primarily in the Williston Basin, the Permian Basin, the Appalachian Basin and the Uinta Basin. Its portfolio comprises 300,000 acres of low-breakeven land with over 10,000 wells. Diversified by basin and across commodity type, its wells are operated by over 100 public and private operators. The company engages in oil and natural gas exploration and production by participating on a proportionate basis alongside third-party interests in wells drilled and completed in spacing units that include its acreage. In addition, it acquires wellbore-only working interests in wells in which it does not hold the underlying leasehold interests from third parties.
Northern Oil and Gas Inc (NOG) Chart
Financial Metrics & Statements of Northern Oil and Gas Inc (NOG)
FAQ's for Northern Oil and Gas Inc (NOG)
As of August 2026, Northern Oil and Gas Inc NOG is classified as not 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 Northern Oil and Gas Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Northern Oil and Gas Inc 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 Northern Oil and Gas Inc 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 Northern Oil and Gas Inc 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 Northern Oil and Gas Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Northern Oil and Gas Inc (NOG)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.