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WTRV Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: April 23, 2024
Report Source: 2024 3rd Quarter Report
White River Energy Corp. Stock Analysis WTRV
United States N/A Nano Cap Report: White River Energy Corp. is an energy services company. The company is headquartered in Fayetteville, Arkansas. The company went IPO on 2015-01-15. Through its subsidiary, White River Holdings, the Company is engaged in oil and gas exploration, production, and drilling operations on approximately 30,000 cumulative acres of active mineral leases in Louisiana and Mississippi. The company shall also expand its energy asset portfolio or engage in other energy-related strategic transactions. The firm has approximately five productive wells in operation. Its oil gas properties portfolios include Louisiana properties and Mississippi properties. The Louisiana properties include Blackhawk & Coochie Oil Field, Five Mile Bayou Oil Field, Lake Ophelia Oil Field, Lake St John Oil Field, North Bayou Jack Oil Field and Tew Lake Oil Field. The Mississippi properties include Pisgah Oil Field, Horseshoe Lake Oil Field, Butler Oil Field, Thanksgiving Oil Field, 2312 Prospect, and Wildcat Oil Field.
Read More White River Energy Corp (WTRV) Chart
Key Statistics of White River Energy Corp (WTRV)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$0.00Volume
100.00P/E Ratio (TTM)
-52 Week Range
Market Cap
60.00KAvg. Volume
513.00Dividend Yield
-Financial Metrics & Statements of White River Energy Corp (WTRV)
FAQ's for White River Energy Corp (WTRV)
- According to Musaffa’s Shariah screening methodology, White River Energy Corp (WTRV) is currently classified as NOT HALAL as of April 2024. 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 White River Energy Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in White River Energy 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 White River Energy 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 White River Energy 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 White River Energy Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.