Diversified Energy Company PLC

DEC

Not Compliant
Exchange
Sector
Headquarters
Group
NYSE
Energy
United States of America
Small cap

Diversified Energy Company PLC is not Shariah Compliant because it fails the financial ratios.

-

Impure Income*

-

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Small cap
BUY
$25.00
$21.00
$29.00
2
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
11.87%
-2.10%
-11.11%
0.39
0.40
0.00%

Shariah Compliance

  • Updated on April 14, 2025
Debt
100%
✗
Non-Compliant Assets
5.77%
✓
Impure Income

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
100%
✗
Impure Income

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
100%
✗
Impure Income

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
43.41%
✗
Cash
1.7%
✓
Cash & AR
7.96%
✓
Impure Income

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
43.41%
✗
Cash
1.7%
✓
Cash & AR
7.96%
✓
Impure Income

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
-

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Diversified Energy Company PLC is an energy company focused on natural gas and liquids production, transport, marketing and well retirement. It acquires existing, long-life assets and invests in them to improve environmental and operational performance until retiring those assets in an environmentally secure manner. Its operations include upstream operations, midstream and marketing, and Next LVL Energy. Its upstream operations consist of stable, low-decline production of natural gas from mature assets within Appalachia and Central Region. Its midstream operations include over 17,700 miles of gathering and transportation lines and associated compression stations located throughout its operating footprint. Its subsidiary, Next LVL Energy LLC (NLE), specializes in energy asset retirement and auxiliary well service programs. NLE manages its asset retirement program and delivers services to operators, state programs and other strategic partners within the greater Appalachian region.

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