NewMed Energy - Limited Partnership

Tel Aviv Stock Exchange NWMD.TA

NewMed Energy - Limited Partnership Market Capitalization on January 14, 2025: USD 4.01 B

NewMed Energy - Limited Partnership Market Capitalization is USD 4.01 B on January 14, 2025, a 39.73% change year over year. Market capitalization represents total company value in stock market; higher suggests larger, more established company.
  • NewMed Energy - Limited Partnership 52-week high Market Capitalization is USD 4.01 B on January 14, 2025, which is 0.00% below the current Market Capitalization.
  • NewMed Energy - Limited Partnership 52-week low Market Capitalization is USD 2.60 B on June 23, 2024, which is -35.14% below the current Market Capitalization.
  • NewMed Energy - Limited Partnership average Market Capitalization for the last 52 weeks is USD 3.12 B.
Key data
Date Market Capitalization Share Price Price to Earnings Ratio (P/E) Price to Sales Ratio (P/S)
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Tel Aviv Stock Exchange: NWMD.TA

NewMed Energy - Limited Partnership

CEO Mr. Yossi Abu
IPO Date Aug. 12, 2002
Location Israel
Headquarters 19 Abba Even Boulevard
Employees 23
Sector Energy
Industries
Description

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, which covers an area of approximately 500 km2 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. NewMed Energy - Limited Partnership is a subsidiary of Delek Energy Systems Ltd.

StockViz Staff

January 15, 2025

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