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Horizon Oil Ltd HZN.AX

Last Updated: Jul 21, 12:00 AM·ASX

HZN.AX Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Horizon Oil Ltd is classified as halal.

HALAL

Report Source: 2026 2nd Quarter Report

Horizon Oil Ltd

Horizon Oil Ltd. Stock Analysis HZN.AX

Australia Energy Micro Cap Report:
Horizon Oil Ltd. is an oil and petroleum exploration, development and production company. The principal activities of the Company are petroleum production, development, and exploration. The company operates in three segments, which are China development, New Zealand development, and Australia development. The China development segment is involved in developing and producing crude oil from the Block 22/12 – WZ6-12, WZ12-8W and WZ12-8E oil field developments and in the exploration and evaluation of hydrocarbons within Block 22/12. The New Zealand development segment is involved in developing and producing crude oil from the Maari/Manaia oil field development. The Australia development segment is involved in developing and producing oil and gas from the Mereenie OL4 and OL5 oil and gas fields. The Block 22/12 oil development comprises nine hydrocarbon pools across three different Production Licenses. The company lies 35 kilometers (kms) southwest of Weizhou Island, China, in 30m water depth. The Maari oil field is a producing oil field.
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Horizon Oil Ltd (HZN.AX) Chart

Key Statistics of Horizon Oil Ltd (HZN.AX)

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

Today's Range

AUD0.22AUD0.23

Today's Open

AUD0.23

Volume

978.20K

P/E Ratio (TTM)

22.29

52 Week Range

AUD0.19AUD0.30

Market Cap

372.64M

Avg. Volume

517.00K

Dividend Yield

11.44%

Financial Metrics & Statements of Horizon Oil Ltd (HZN.AX)

Super Investors Invested in Horizon Oil Ltd (HZN.AX)

FAQ's for Horizon Oil Ltd (HZN.AX)

  • As of July 2026, Horizon Oil Ltd HZN.AX is classified as 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 Horizon Oil Ltd using these criteria to determine its compliance status.
  • Muslim investors may consider investing in Horizon Oil 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 Horizon Oil 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 Horizon Oil 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 Horizon Oil Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.