Vital Energy Inc (Canada)

VUX.V

Compliant
Exchange
Sector
Headquarters
Group
Canada
Micro Cap

Vital Energy Inc (Canada) is Shariah Compliant. It passes 2/5 Shariah standards we screen against.

0.04%

Impure Income*

$0.000

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Micro Cap
$0.00
0.00%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
54.14%
66.32%
0.00
1.56
0.00%

Shariah Compliance

Debt
100%
Non-Compliant Assets
4.52%
Impure Income
0.04%

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
88.58%
Impure Income
0.04%

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
96.22%
Impure Income
0.04%

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
Cash
Cash & AR
Impure Income
0.04%

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
Cash
Cash & AR
Impure Income
0.04%

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
0.04%

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

Vital Energy Inc. is a junior oil and gas company based in Calgary, Alberta, focused on conventional crude oil exploration, development and production in the provinces of Alberta and Saskatchewan. Its core property areas include the SW Saskatchewan property and East Central Alberta property areas. The SW Saskatchewan property area includes two producing properties – Gull Lake and Pennant. The East Central Alberta property area includes Baxter Lake property. The Gull Lake property is covered with 3D seismic data and has over nine wells producing crude oil. The Pennant project area covers approximately 13 sections of land, covering an area of over 8,320 acres. The Company owns approximately 1,792 hectares of Alberta Crown petroleum and natural gas (P&NG) rights in the Elmworth area of the Grande Prairie region, Alberta. It also holds a total of approximately nine sections in the Alberta region.

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