Daybreak Oil & Gas, Inc. engages in crude oil and natural gas exploration and operates as a development and production company. The company is headquartered in Spokane Valley, Washington and currently employs 5 full-time employees. The company went IPO on 2001-11-14. The firm is engaged in developing crude oil and natural gas reserves through exploration and development activities. Its operations are focused on identifying and evaluating prospective crude oil and natural gas properties and funding projects that have the potential to produce crude oil and natural gas in commercial quantities. The company has two crude oil and natural gas projects in California. The East Slopes Project is located in the southeastern part of the San Joaquin Basin near Bakersfield, California. Its 20 producing crude oil wells in the East Slopes Project produce from five reservoirs at its Sunday, Bear, Black, Ball and Dyer Creek locations. Its Reabold property has producing wells in both Monterey and Contra Costa counties of California. The Burnett Lease and the Doud Lease are located in close proximity to each other in Monterey County.
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As of August 2026, Daybreak Oil and Gas Inc DBRM 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 Daybreak Oil and Gas Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Daybreak Oil and Gas 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 Daybreak Oil and Gas 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 Daybreak Oil and Gas 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 Daybreak Oil and Gas 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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