NewMed Energy - Limited Partnership (DKDRF)

USD 3.27

(0.0%)

Market Cap (In USD)

3.83 Billion

Revenue (In USD)

934.6 Million

Net Income (In USD)

433.6 Million

Avg. Volume

59.00

Currency
USD
Country
Energy
Open
-
Prev. Close
-
Day Range
-
Year Range
2.19-3.28
PE
-
EPS
-
Beta Value
1.456
ISIN
IL0004750209
CUSIP
-
CIK
-
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Energy
Industry
Oil & Gas Exploration & Production
CEO
Mr. Yossi Abu
Employee Count
-
Website
https://www.newmedenergy.com
Ipo Date
2013-04-04
Details
NewMed Energy - Limited Partnership engages in the exploration, development, production, and sale of petroleum, natural gas, and condensate in Israel and Cyprus. The company holds interests in the Leviathan project, which covers an area of 500 km2 located to the west of the shores of Haifa; the Block 12 that covers an area of approximately 386 km2 located in Cyprus; and the Yam Tethys project, which covers an area of 500 km2 located to the west of the shores of Ashkelon. It also holds interests in the New Ofek license that covers an area of approximately 344 km2 located in Israel; the New Yahel license, covering an area of 397.5 km2 located in Israel; and the Tanin and Karish leases covering an area of approximately 500km2 located to the west of the shores of Nahariya. The company serves independent power producers and various industrial enterprises. NewMed Energy Management Ltd. serves as the general partner of the company. The company was formerly known as Delek Drilling - Limited Partnership and changed its name to NewMed Energy - Limited Partnership in February 2022. NewMed Energy - Limited Partnership was incorporated in 1993 and is based in Herzliya, Israel. NewMed Energy - Limited Partnership is a subsidiary of Delek Energy Systems Ltd.