Is EP (EP) Halal?

AMEX Energy United States $109M
✓ HALAL
Confidence: 95/100
EP (EP) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 10.5% against the AAOIFI threshold of 30%, EP comfortably passes the key financial ratio tests. The company operates in the Energy sector (Oil & Gas E&P), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 10.5%
/ 30%
2.0%
/ 30%
7.2%
/ 30%
3.19%
/ 5%
✓ HALAL
DJIM 10.5%
/ 33%
2.0%
/ 33%
7.2%
/ 33%
3.19%
/ 5%
✓ HALAL
MSCI 9.6%
/ 33%
1.8%
/ 33%
6.6%
/ 33%
3.19%
/ 5%
✓ HALAL
S&P 10.5%
/ 33%
2.0%
/ 33%
7.2%
/ 33%
3.19%
/ 5%
✓ HALAL
FTSE 9.6%
/ 33%
1.8%
/ 33%
6.6%
/ 50%
3.19%
/ 5%
✓ HALAL

Financial Highlights

EPS
$-2.12
P/B Ratio
-23.3
EV/EBITDA
-17.0
EV: $124M
Revenue
$34M
Growth: -28.3%
Beta
0.4
Low volatility
Current Ratio
0.3

Profitability

Gross Margin 17.9%
Operating Margin -633.8%
Net Margin -210.7%
Return on Equity (ROE) -247.9%
Return on Assets (ROA) -47.0%

Cash Flow & Balance Sheet

Operating Cash Flow-$4M
Free Cash Flow-$9M
Total Debt$16M
Current Ratio0.3
Total Assets$66M

Price & Trading

Last Close$2.91
50-Day MA$3.09
200-Day MA$3.88
Avg Volume66K
Beta0.4
52-Week Range
$2.77
$6.34

About EP (EP)

CEO
Mr. Michael R. Morrisett
Employees
61
Sector
Energy
Industry
Oil & Gas E&P
Country
United States
Exchange
AMEX
Market Cap
$109M
Currency
USD

Empire Petroleum Corporation engages in the optimization and development of oil and gas interests in the United States. It operates properties in New Mexico, North Dakota, Montana, Texas, and Louisiana. The company was formerly known as Americomm Resources Corporation and changed its name to Empire Petroleum Corporation in August 2001. Empire Petroleum Corporation was incorporated in 1983 and is headquartered in Tulsa, Oklahoma.

Purification Calculator

As a halal stock with 3.19% impermissible income, you need to purify your dividends.

Enter your dividends to calculate purification amount

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Frequently Asked Questions

Is EP (EP) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), EP is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is EP's debt ratio?

EP's debt ratio is 10.5% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 9.6%.

Does EP require dividend purification?

Yes, EP has an impermissible income ratio of 3.19%, which means 3.19% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are EP's key financial metrics?

EP has a market capitalization of $109M, and revenue of $34M. The company maintains a gross margin of 17.9% and a net margin of -210.7%. Return on equity stands at -247.9%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.