Okmin Resources Inc OKMN
$0.04 $0.04
Last Updated: Aug 21, 12:00 AM·OOTC
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Okmin Resources Inc. Stock Analysis OKMN
United States Energy Nano Cap Okmin Resources, Inc. is a development stage company, which engages in the acquisition, exploration, and development of mineral rights and natural resource properties. The company is headquartered in Encino, California. The company went IPO on 2022-08-30. The firm is focused on the acquisition and development of domestic oil and gas fields. The firm's projects are located in Oklahoma and Kansas. The company has an interest in four separate projects: The Blackrock Joint Venture encompassing over15 oil and gas leases in Oklahoma; the Vitt oil lease located in Neosho County, Kansas; a 10% overriding royalty interest in West Sheppard Pool, a natural gas project in North East Oklahoma, and a 95% joint venture interest in Pushmataha, a natural gas project in Southeast Oklahoma. The Pushmataha Gas Field consists of over six leases covering approximately 3,840 acres in Pushmataha County, Oklahoma. The Vitt oil lease project includes over 11 oil and gas wells and four water injection wells and covers approximately 160 acres. The Blackrock Joint Venture covers 15 leases on over 1,500 acres.
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Financial Metrics & Statements of Okmin Resources Inc (OKMN)
FAQ's for Okmin Resources Inc (OKMN)
- As of August 2026, Okmin Resources Inc OKMN 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 Okmin Resources Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Okmin Resources 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 Okmin Resources 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 Okmin Resources 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 Okmin Resources 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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