Fieldpoint Petroleum Corp. engages in the acquisition, development, and operation of oil and natural gas properties. The firm's principal oil and natural gas properties include Block A-49, Spraberry Trend, Giddings Field and Serbin Field in Texas; Flying M Field, Sulimar Field, North Bilbrey Field, Lusk Field and Loving North Morrow Field in New Mexico; Apache Field, Chickasha Field and West Allen Field in Oklahoma; Longwood Field in Louisiana, and Big Muddy Field in Wyoming. The firm has varying ownership interest in approximately 470 gross wells (over 113.26 net) located in approximately five states. The firm operates over 20 of approximately 470 wells, and other wells are operated by independent operators under contracts.
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FAQ's for FieldPoint Petroleum Corp (FPPP)
As of August 2026, FieldPoint Petroleum Corp FPPP 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 FieldPoint Petroleum Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in FieldPoint 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.
Musaffa determines the Shariah status of FieldPoint Petroleum Corp 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 FieldPoint Petroleum Corp 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 FieldPoint Petroleum Corp 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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