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.
Frequently asked questions
What sector does NewMed Energy - Limited Partnership (NWMD) operate in?
NewMed Energy - Limited Partnership belongs to the Energy sector and operates in the Oil & Gas E&P industry.
What is NewMed Energy - Limited Partnership (NWMD) current stock price?
As of the latest data, NewMed Energy - Limited Partnership stock price is ₪16.73, with a previous close of ₪16.20. NewMed Energy - Limited Partnership gained ₪0.53 in the last trading session, representing a 3.27% increase.
What is NewMed Energy - Limited Partnership (NWMD) current market capitalization?
NewMed Energy - Limited Partnership market cap is approximately 19.64 billion.
What is NewMed Energy - Limited Partnership (NWMD) Earnings Per Share (EPS)?
The trailing EPS is ₪0.62, and the forward EPS is ₪1.64.
What is NewMed Energy - Limited Partnership (NWMD) Price-to-Earnings (P/E) ratio?
NewMed Energy - Limited Partnership current P/E ratio is 26.98, with a forward P/E of 10.21.
What is NewMed Energy - Limited Partnership (NWMD) EBITDA?
NewMed Energy - Limited Partnership EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 419.47 million.
Does NewMed Energy - Limited Partnership (NWMD) pay dividends?
Yes. NewMed Energy - Limited Partnership pays quarterly dividends with an annualized yield of 3.65% and an estimated annual payout of ₪0.61 per share.
When is the next ex-dividend date for NewMed Energy - Limited Partnership (NWMD)?
The next ex-dividend date is scheduled for August 28, 2026.
What is NewMed Energy - Limited Partnership (NWMD) beta (volatility) score?
NewMed Energy - Limited Partnership has a beta of 0.412, indicating lower volatility than the overall market.