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VAALCO Energy, Inc.

NYSE
Shariah-Compliant
Not Shariah
EGY

About

VAALCO Energy, Inc.

EGY

Vaalco Energy Inc. is an independent energy company primarily focused on the exploration, development, and production of crude oil. The company's core operations are concentrated in West Africa, specifically offshore the Republic of Gabon, where it holds widely recognized assets in the Etame Marin block. Vaalco Energy is involved in upstream activities, which includes locating underground or underwater oil reserves, drilling, and extracting crude oil to bring it to the market. As a player in the energy sector, Vaalco's operations are crucial in supplying crude oil, which is a fundamental resource for various industries, ranging from transportation to manufacturing. Vaalco Energy’s performance and developments hold significance in the energy market, as they contribute to the supply chain of fossil fuels, influencing global energy dynamics and impacting related industries worldwide. The company’s strategic focus on maintaining efficient production and exploring new opportunities in Africa aligns with broader energy sector trends, such as geographic diversification and technological advancement in oil extraction.

EGY
EGY

Frequently asked questions

Is VAALCO Energy, Inc. EGY stock halal to invest in?

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How often is VAALCO Energy, Inc. EGY reviewed for Shariah compliance?

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Does VAALCO Energy, Inc. EGY pass the AAOIFI Non Permissible Income criteria?

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Does VAALCO Energy, Inc. EGY pass the AAOIFI Interest Bearing Investments criteria?

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Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

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How do I buy VAALCO Energy, Inc. EGY stock?

If VAALCO Energy, Inc. is considered to be Shariah compliant, you can purchase this on Tabadulat by creating an account, completing identity verification, searching for VAALCO Energy, Inc. in the app, reviewing its Shariah compliance status, and placing your trade directly through the platform.

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