As of August 2026, Nostra Terra Oil and Gas Company PLC is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Nostra Terra Oil and Gas Company PLC. Stock Analysis NTOGF
United States Energy Nano Cap
Nostra Terra Oil & Gas Co. Plc operates as an oil and gas exploration of oil and gas exploration and production company. The firm holds a 100% working interest in the Mesquite asset located on the Eastern Shelf of the Permian Basin, with estimated recoverable reserves of 2.4 million barrels of oil (mmbbls) over 1,984 net acres. The firm also has interests in three additional Permian Basin oil properties in close proximity to Mesquite and is producing from two wells. The Company’s Mid-Continent properties include East Texas, which holds 100% working interest in the Pine Mills oilfield; East Texas, which holds 32.5% working interest in the Cypress farmout area of Pine Mills; West Texas, which holds 50-100% working interest leases located in the Permian Basin, and South Texas, which holds 100% working interest in the Caballos Creek oilfield.
Nostra Terra Oil and Gas Company PLC (NTOGF) Chart
Financial Metrics & Statements of Nostra Terra Oil and Gas Company PLC (NTOGF)
FAQ's for Nostra Terra Oil and Gas Company PLC (NTOGF)
As of August 2026, Nostra Terra Oil and Gas Company PLC NTOGF 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 Nostra Terra Oil and Gas Company PLC using these criteria to determine its compliance status.
Muslim investors may consider investing in Nostra Terra Oil and Gas Company PLC 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 Nostra Terra Oil and Gas Company PLC 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 Nostra Terra Oil and Gas Company PLC 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 Nostra Terra Oil and Gas Company PLC 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 Nostra Terra Oil and Gas Company PLC (NTOGF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.