Cross Border Resources Inc XBOR
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Last Updated: Aug 20, 12:00 AM·OOTC
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Cross Border Resources Inc. Stock Analysis XBOR
United States Energy Nano Cap Cross Border Resources, Inc. is an independent natural gas and oil company, which engages in the exploration, development, exploitation and acquisition of natural gas and oil reserves in North America. The firm primarily focuses on the area of the State of New Mexico, principally southeastern New Mexico. As of June 30, 2014, the Company owned over 865,893 gross (approximately 293,843 net) mineral and lease acres in New Mexico. The Company’s producing oil and natural gas properties are concentrated in the Permian Basin. The Company’s main area of focus is the Tom Tom/Tomahawk Prospect, where the Company would continue work on the field alongside the execution of its remediation plan. A significant majority of its acreage consists of either owned mineral rights or leases held by production.
Cross Border Resources Inc (XBOR) Chart
Financial Metrics & Statements of Cross Border Resources Inc (XBOR)
FAQ's for Cross Border Resources Inc (XBOR)
- As of August 2026, Cross Border Resources Inc XBOR 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 Cross Border Resources Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Cross Border 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 Cross Border 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 Cross Border 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 Cross Border 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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