NWMD: NewMed Energy - Limited Partnership - Summary | Jitta

NewMed Energy - Limited Partnership

ISR:NWMD

Price
₪18.30
Loss Chance
49.1%
4.22JITTA SCORE
77.12%Over Jitta Line
Jitta Ranking
14 / 19
286 / 421
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (19)
Recent Business Performance (16)
Financial Strength (73)
Return to Shareholders (71)
Competitive Advantage (46)
Jitta Signs
Debt LevelLow Long Term Debt
Interest Coverage RatioGood
Revenue and EarningRevenue decline from 2022-2025
Operating MarginDeclined
Recent Business PerformanceEarning decline 87.62% in the last quarter (yoy)
Key Stats
Jitta Score
Jitta Line
4.22
77.12%
3.23
562.56%
Oil and Gas Exploration and Production
5.20
23.05%
3.78
1.19%
4.46
57.67%
COMPANY DESCRIPTION
NewMed Energy - Limited Partnership exploration, development, production, and marketing of natural gas, condensate, and oil in Israel, Jordan and Egypt. 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 33,815 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. 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.