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Newmed Energy LP (NWMDp)

Tel Aviv
Currency in ILS
Disclaimer
982.8
-6.2(-0.63%)
Closed
NWMDp Scorecard
Full Analysis
High shareholder yield
High dividend Yield
Fair Value
Day's Range
962.0993.0
52 wk Range
849.01,196.0
Bid/Ask
983.00 / 983.10
Prev. Close
989
Open
980
Day's Range
962-993
52 wk Range
849-1,196
Volume
465,333
Average Volume (3m)
1,138,546
1-Year Change
-7.57%
Fair Value
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Fair Value Upside
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Company’s Health
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Price Target
1,145.0
Upside
+16.5%
Members' Sentiments
Bearish
Bullish
ProTips
Pays a significant dividend to shareholders

Newmed Energy LP Company Profile

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 square kilometer (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, located to the west of the shores of Ashkelon. It also holds interests in the Boujdour Atlantique exploration license that covers an area of approximately 33,812 km2 located in the south of the Moroccan exclusive economic zone; 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, marketing companies, and industrial customers, as well as exports natural gas to Jordan and in Egypt. 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.

Industry
Oil & Gas
Sector
Energy
Employees
23
Market
Israel
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