Surge Energy Inc (Alberta) ZPTAF
$8.14 $0.02 (0.22%) 1D
Last Updated: Aug 21, 12:00 AM·OOTC
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ZPTAF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Surge Energy Inc (Alberta) is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Surge Energy Inc (Alberta). Stock Analysis ZPTAF
United States Energy Small Cap Surge Energy, Inc. engages in the exploration, development and production of oil and gas properties. The company is headquartered in Calgary, Alberta and currently employs 86 full-time employees. The firm holds focused and operated light and medium-gravity crude oil properties in Alberta, Saskatchewan and Manitoba, characterized by large oil-in-place crude oil reservoirs with low recovery factors. The company has a significant inventory of low-risk development drilling locations, including several water flood projects. Its principal oil and natural gas-producing properties are located in Alberta and Saskatchewan and are focused across two core areas: Sparky and Southeast Saskatchewan. Its principal properties in Sparky include the Lloyd/Cummings waterfloods at Giltedge, Silver, and Provost; and operates multiple oil batteries. The company is located between Provost and Wainwright in eastern Alberta and western Saskatchewan. Southeast Saskatchewan properties are primarily located in the Southeast corner of the province. The company spans developed and undeveloped acres, with 362 oil wells producing mainly light crude.
Surge Energy Inc (Alberta) (ZPTAF) Chart
Financial Metrics & Statements of Surge Energy Inc (Alberta) (ZPTAF)
FAQ's for Surge Energy Inc (Alberta) (ZPTAF)
- As of August 2026, Surge Energy Inc (Alberta) ZPTAF 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 Surge Energy Inc (Alberta) using these criteria to determine its compliance status.
- Muslim investors may consider investing in Surge Energy Inc (Alberta) 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 Surge Energy Inc (Alberta) 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 Surge Energy Inc (Alberta) 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 Surge Energy Inc (Alberta) 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 Surge Energy Inc (Alberta) (ZPTAF)
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