Otto Energy Ltd OTTEF
$0.01
Last Updated: Aug 20, 12:00 AM·OOTC
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OTTEF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Otto Energy Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Otto Energy Ltd. Stock Analysis OTTEF
United States Energy Nano Cap 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.
Otto Energy Ltd (OTTEF) Chart
Financial Metrics & Statements of Otto Energy Ltd (OTTEF)
FAQ's for Otto Energy Ltd (OTTEF)
- As of August 2026, Otto Energy Ltd OTTEF 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 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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