
NewMed Energy - Limited Partnership
NewMed Energy - Limited Partnership is an Israel-based company in the Energy sector with a market capitalisation of $6.3B. Its FinScore is 55/100; its highest-scoring layer is Quality (72) and its lowest is Value (36). The shares trade at 23.5x trailing earnings and are down 10% year to date.
Share price performance
About NewMed Energy - Limited Partnership
www.newmedenergy.comNewMed Energy - Limited Partnership is an energy firm engaged in the exploration, development, production, and commercialization of petroleum, natural gas, and condensate, primarily operating in Israel and Cyprus. The company holds significant interests in several key offshore endeavors, including Israel's Leviathan project (500 km², situated west of Haifa's coast), the Yam Tethys project (500 km², west of Ashkelon's coast), and the Tanin and Karish leases (500 km², west of Nahariya's coast). Its portfolio also extends to Block 12 in Cyprus (approximately 386 km²) and the substantial Boujdour Atlantique exploration license (around 33,812 km²) located in the southern Moroccan exclusive economic zone. NewMed Energy supplies natural gas to various clients, such as independent power producers, marketing companies, and industrial consumers, and exports natural gas to Jordan and Egypt. NewMed Energy Management Ltd. functions as the company's general partner. Originally incorporated in Herzliya, Israel, in 1993, the company was formerly known as Delek Drilling - Limited Partnership before adopting its current name in February 2022. It operates as a subsidiary of Delek Energy Systems Ltd.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- HQ
- Israel
- Fiscal year-end
- December
- Trading currency
- ILA
- Reporting currency
- USD
- Fundamentals updated
- 61 days ago
- Market cap
- $6.3B
- Shares outstanding
- 1.2B
- P/E (TTM)
- 23.5x
- Dividend yield (TTM)
- 3.62%
- Beta (issuer)
- 0.40
- Revenue (latest FY)
- $938.1M
Revenue breakdown
Revenue split not available
FinScore
As of 2026-10-19Snapshot
Ownership
Holder data is not available for this company yet.
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