Gran Tierra Energy Inc GTE
$9.91 $0.15 (1.54%) 1D
Last Updated: Aug 21, 12:00 AM·XASE
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GTE Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Gran Tierra Energy Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Gran Tierra Energy Inc. Stock Analysis GTE
United States Energy Small Cap Gran Tierra Energy, Inc engages in the exploration and production of oil and natural gas in Colombia and Ecuador. The company is headquartered in Calgary, Alberta and currently employs 406 full-time employees. The company went IPO on 2005-07-06. The firm operates a total of 25 blocks in Colombia and Ecuador, spanning three basins and over 1.5 million gross acres. The company also holds large contiguous areas in Alberta, Canada, spanning 1.2 million gross acres across the Western Canadian Sedimentary Basin. Colombia represents approximately 85% of its production with oil reserves and production located in the Middle Magdalena Valley (MMV) and Putumayo Basin. In MMV, the Company’s field is the Acordionero field, where it produces approximately 17-degree American Petroleum Institute (API) oil, which represents 44% of the total Company’s production. The Putumayo production is approximately 27-degree API for Chaza Block and 18-degree API for Suoriente Block, representing 27% and 9% respectively, of the total Company’s production.
Gran Tierra Energy Inc (GTE) Chart
Financial Metrics & Statements of Gran Tierra Energy Inc (GTE)
FAQ's for Gran Tierra Energy Inc (GTE)
- As of August 2026, Gran Tierra Energy Inc GTE 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 Gran Tierra Energy Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Gran Tierra Energy 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 Gran Tierra Energy 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 Gran Tierra Energy 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 Gran Tierra Energy Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Gran Tierra Energy Inc (GTE)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
