Silverton Energy, Inc. is an oil & gas production company with operations in Oklahoma. The company is headquartered in Plano, Texas. The company went IPO on 2012-11-05. The firm is primarily engaged in the production and sale of extracted hydrocarbons. The firm is engaged in the areas of maintaining current production, the rework of inventory wells and the acquisition of neighboring production. Its operations are SCOOP play and STACK play. The SCOOP play operation is located in the state’s Anadarko Basin. The STACK play operation is located in the Anadarko Basin area of Oklahoma. The subsidiary of the Company is Xutatpa Properties LLC. The Xutapa assets consist of approximately 2800 acres and producing wells on the same property. The company also has a 10.875% working interest in 110 active oil wells located in the Walnut Bend oil field in Cooke County, Texas.
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As of August 2026, Silverton Energy Inc SLTN 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 Silverton Energy Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Silverton 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 Silverton 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 Silverton 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 Silverton Energy Inc 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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