Musaffa Logo

Our certifications

Independent proof that every stock and portfolio meets halal standards.

How we screen every stock
METHODOLOGY

How we screen every stock

Our 5-step halal methodology, in 90 seconds.

PTCO Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 31, 2024

Report Source: 2024 Annual Report

PetroGas Co

PetroGas Co. Stock Analysis PTCO

United States N/A Nano Cap Report:
PetroGas Co. engages in the provision of mineral exploration services. The company is headquartered in Houston, Texas. The company went IPO on 2014-12-05. The firm's properties include Ellis County, Hemphill County, Madison County, Shelby County, and Emergy County. Ellis County is an overriding royalty interest (ORR), which is located in Oklahoma. Hemphill County is an ORR located in Texas. Madison County is a wellbore interest, which is located in Texas. Shelby County is a wellbore interest, which is located in Texas. Emergy County is a lease purchase located in Utah. The company also has a working interest in the Jane Burns (Burns), and Theo Rogers (Rogers) leases. The Burns and Rogers Leases provide exploration and production opportunities in the Kyote Field pay zone, near the Eagle Ford Shale play with access to available rig crews and other vendor-servicers, due to their close proximity to San Antonio, Texas. The Burns and Rogers Leases holds about seven oil wells. The firm is also seeking to acquire producing and non-producing leases.
Read More

PetroGas Co (PTCO) Chart

Key Statistics of PetroGas Co (PTCO)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$0.02$0.02

Today's Open

$0.03

Volume

1000.00

P/E Ratio (TTM)

-

52 Week Range

$0.02$0.10

Market Cap

988.86K

Avg. Volume

7102.23

Dividend Yield

-

Financial Metrics & Statements of PetroGas Co (PTCO)

FAQ's for PetroGas Co (PTCO)

  • According to Musaffa’s Shariah screening methodology, PetroGas Co (PTCO) is currently classified as HALAL as of July 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
  • A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes PetroGas Co using these criteria to determine its compliance status.
  • Muslim investors may consider investing in PetroGas Co 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 PetroGas Co 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 PetroGas Co 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 PetroGas Co on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Disclaimer

The content provided on this website is intended solely for informational and educational purposes. Musaffa is a technology, data, education, and research company. We are not licensed financial service provider by the authorized relevant financial service regulator in India or any other regulatory government body, and we do not offer or facilitate any trading, brokerage, investment, or financial advisory services. We do not deliberately target an audience seeking financial services.

By accessing this website, you acknowledge and confirm that you are seeking information relating to Musaffa of your own accord, and that there has been no form of solicitation, advertisement, or inducement by Musaffa or its members. Musaffa shall not be liable for the consequences of any action taken by relying on the material or information provided on this website. The contents of this website are the intellectual property of Musaffa.