Canacol Energy Ltd (Alberta) CNNEF
$0.14 $0.04 (40.00%) 1D
Last Updated: Mar 12, 12:00 AM·OOTC
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CNNEF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Canacol Energy Ltd (Alberta) is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Canacol Energy Ltd (Alberta). Stock Analysis CNNEF
United States Energy Micro Cap Canacol Energy Ltd. engages in the natural gas exploration and development activities. The company is headquartered in Calgary, Alberta and currently employs 423 full-time employees. The firm and its subsidiaries are primarily engaged in natural gas exploration and development activities in Colombia. The Company’s production primarily consists of natural gas from the Esperanza, VIM-5, VIM-21 and VIM-33 blocks located in the Lower Magdalena Valley basin in Colombia. Its production also included crude oil from its Rancho Hermoso block in Colombia (Colombia oil). Its gas fields are produced from the Cienaga de Oro and Porquero reservoirs that are connected to its central Jobo gas processing and treatment facility through more than 169 kilometers of flow lines, mainly flexible steel flow lines. The company has three gas processing and treatment facilities. The company operates over 1.9 million net acres in 10 exploration and production gas contracts in Colombia, located in the Lower & Middle Magdalena Basins.
Canacol Energy Ltd (Alberta) (CNNEF) Chart
Financial Metrics & Statements of Canacol Energy Ltd (Alberta) (CNNEF)
FAQ's for Canacol Energy Ltd (Alberta) (CNNEF)
- As of August 2026, Canacol Energy Ltd (Alberta) CNNEF 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 Canacol Energy Ltd (Alberta) using these criteria to determine its compliance status.
- Muslim investors may consider investing in Canacol Energy Ltd (Alberta) 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 Canacol Energy Ltd (Alberta) 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 Canacol Energy Ltd (Alberta) 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 Canacol Energy Ltd (Alberta) 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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