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OEL.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 17, 2025

Report Source: 2025 2nd Quarter Report

Otto Energy Ltd

Otto Energy Ltd. Stock Analysis OEL.AX

Australia Energy Nano Cap Report:
Otto Energy Ltd. engages in the exploration, development, production, and sale of oil and gas. The company is headquartered in Adelaide, South Australia. The company went IPO on 2004-12-22. The Company’s projects include South Marsh Island 71 (SM 71), Lightning Field, Green Canyon 21 (GC 21), Mosquito Bay West, and Oyster Bayou South. The South Marsh 71 is located in the offshore shallow waters of the Gulf of Mexico. The Lightning Field is located in onshore Matagorda County, Texas. The Green Canyon 21 is located in the offshore deep waters of the Gulf of Mexico. The Mosquito Bay West and Oyster Bayou South are located in the offshore state waters, Terrebonne Parish, Louisiana. The firm's subsidiaries include Borealis Petroleum Pty Ltd, Otto Energy Resources Corporation (Delaware), Otto Energy (USA) Inc, Otto Energy (Louisiana) LLC, Otto Energy (Gulf One) LLC, among others.
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Otto Energy Ltd (OEL.AX) Chart

Key Statistics of Otto Energy Ltd (OEL.AX)

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

Today's Range

AUD0.01AUD0.01

Today's Open

AUD0.01

Volume

747.74K

P/E Ratio (TTM)

22.50

52 Week Range

AUD0.00AUD0.01

Market Cap

28.77M

Avg. Volume

2.04M

Dividend Yield

-

Financial Metrics & Statements of Otto Energy Ltd (OEL.AX)

FAQ's for Otto Energy Ltd (OEL.AX)

  • According to Musaffa’s Shariah screening methodology, Otto Energy Ltd (OEL.AX) is currently classified as NOT HALAL as of April 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
  • A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Otto Energy Ltd using these criteria to determine its compliance status.
  • Muslim investors may consider investing in Otto Energy Ltd 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 Otto Energy Ltd 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 Otto Energy Ltd 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 Otto Energy Ltd 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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