Xstate Resources Ltd XST.AX
AUD0.01
Last Updated: Aug 06, 12:00 AM·ASX
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XST.AX Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Xstate Resources Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Xstate Resources Ltd. Stock Analysis XST.AX
Australia Energy Nano Cap Xstate Resources Ltd. operates as an exploration company, which focuses on exploration and production of oil and natural gas. The company is headquartered in Fremantle, Western Australia. The firm has oil production interests in Austria, and exploration assets located in the Sacramento Basin, California. The firm holds various working interests in a small number of producing gas wells, and associated land leases and production and pipeline access equipment in the Sacramento Basin, California. The Company’s projects include Anshof 3 Farmin, Alvares Project, Dempsey 1-15 Well, Dempsey Trend - (Includes Borba), Rancho Capay Field, Malton field, East Rice East Creek Field, Los Medanos Gas Field, and Dutch Slough Field. The Anshof-3 exploration well is located in the ADX-AT-II license in Upper Austria. The company has earned a 20% working interest in the Anshof Prospect Area. The Borba Prospect is a four-way dip closure mapped on 3D seismic with multiple targets and multi-TCF potential. The firm is pursuing new opportunities in the oil and gas sector globally.
Xstate Resources Ltd (XST.AX) Chart
Financial Metrics & Statements of Xstate Resources Ltd (XST.AX)
FAQ's for Xstate Resources Ltd (XST.AX)
- As of August 2026, Xstate Resources Ltd XST.AX 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 Xstate Resources Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Xstate Resources Ltd 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 Xstate Resources Ltd 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 Xstate Resources Ltd 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 Xstate Resources Ltd 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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