Is Empire Petroleum Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Empire Petroleum Corp (EP) is currently classified as HALAL as of March 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Empire Petroleum Corp a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Empire Petroleum Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Empire Petroleum Corp?

Muslim investors may consider investing in Empire Petroleum Corp if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Empire Petroleum Corp classified as HALAL?

Musaffa determines the Shariah status of Empire Petroleum Corp by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Empire Petroleum Corp updated?

The Shariah compliance status of Empire Petroleum Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Empire Petroleum Corp become non-compliant?

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.

Where can I check the Shariah status of Empire Petroleum Corp?

You can check the latest Shariah compliance status of Empire Petroleum Corp on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

EP Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: March 16, 2026

Report Source: 2025 Annual Report

Empire Petroleum Corp. Stock Analysis EP

United States Energy Micro Cap Report: 2025 Annual

Empire Petroleum Corp. engages in the exploration and development of oil and natural gas. The company is headquartered in Tulsa, Oklahoma and currently employs 61 full-time employees. The firm operates through its subsidiaries, including Empire New Mexico LLC, doing business as Green Tree New Mexico, Empire North Dakota LLC, Empire Texas LLC, and Empire Louisiana LLC. The company is an independent operator in four geographic areas of the United States. Empire New Mexico's assets primarily produce oil, with natural gas and natural gas liquids (NGLs) accompanying oil production. Empire New Mexico assets are located in Lea County, New Mexico, and consist of a contiguous and consolidated acreage position consisting of 48,000 gross acres and include approximately 714 gross producing and injection wells. Empire North Dakota operates approximately 232 gross injection wells in North Dakota and western Montana. Empire Texas owns over 119 gross wells and approximately 43,000 gross acres as well as 77 miles of gathering lines and pipelines.

Key Statistics of Empire Petroleum Corp (EP)

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

Today's Range

$2.61$2.79

Today's Open

$2.72

Volume

25.77K

P/E Ratio (TTM)

52 Week Range

$2.61$6.30

Market Cap

102.05M

Avg. Volume

65.98K

Dividend Yield

Financial Metrics & Statements of Empire Petroleum Corp (EP)

FAQ's for Empire Petroleum Corp (EP)

According to Musaffa’s Shariah screening methodology, Empire Petroleum Corp (EP) is currently classified as HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.