Norris Industries Inc NRIS
$0.15
Last Updated: Aug 13, 12:00 AM·OOTC
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Norris Industries Inc. Stock Analysis NRIS
United States Energy Nano Cap Norris Industries, Inc. is an oil and natural gas company, which focuses on the acquisition, development, and exploration of crude oil and natural gas properties in Texas. The company is headquartered in Weatherford, Texas. The company went IPO on 2016-03-14. The Company’s principal operating properties are in the Ellenberger formation in Coleman County, and in Jack County and Palo-Pinto County Texas. The company also focuses on developing additional exploration and acquisition projects located within the Bend Arch-Fort Worth Basin and other prime acquisition targets in Central West, South and East Texas. The 1A Venture property has four gross oil and gas wells (1.58 net wells). The 1B Venture property has six gross oil and gas wells (3 net wells). The Marshall Walden property has six gross oil and gas wells which are intermittently active, plus two injection wells. The Jack County and Palo-Pinto County Stuart oil leases have 20 gross oil and gas wells. The company holds approximately 4,200 total gross acres in leaseholds in various areas of the North Central, and in Northeast Texas regions.
Norris Industries Inc (NRIS) Chart
Financial Metrics & Statements of Norris Industries Inc (NRIS)
FAQ's for Norris Industries Inc (NRIS)
- As of August 2026, Norris Industries Inc NRIS is classified as not covered 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 Norris Industries Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Norris Industries 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 Norris Industries 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 Norris Industries 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 Norris Industries Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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