NewMed Energy - Limited Partnership

Equities

NWMD

IL0004750209

Oil & Gas Exploration and Production

Delayed TEL AVIV STOCK EXCHANGE Other stock markets 06:51:03 17/06/2024 pm IST			5-day change	1st Jan Change
884.9 ^ILa	+2.31%		-1.68%	-14.91%

26/05	NewMed Energy - Limited Partnership Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
19/03	NewMed Energy - Limited Partnership Reports Earnings Results for the Full Year Ended December 31, 2023	CI

NewMed Energy - Limited Partnership Reports Earnings Results for the First Quarter Ended March 31, 2024

May 26, 2024 at 11:15 am IST

NewMed Energy - Limited Partnership reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was USD 226.1 million compared to USD 240 million a year ago. Net income was USD 121.1 million compared to USD 120.7 million a year ago.

Basic earnings per share from continuing operations was USD 0.103 compared to USD 0.103 a year ago. Diluted earnings per share from continuing operations was USD 0.103.

Latest news about NewMed Energy - Limited Partnership

NewMed Energy - Limited Partnership Reports Earnings Results for the First Quarter Ended March 31, 2024	26/05	CI
NewMed Energy - Limited Partnership Reports Earnings Results for the Full Year Ended December 31, 2023	19/03	CI
BP, Adnoc Put $2 Billion Offer for Israel's NewMed On Hold Due to Regional Uncertainty -- Update	13/03	DJ
BP, Adnoc $2 Billion Offer for Israel's NewMed Put on Hold Due to Regional Uncertainty	13/03	DJ
Israel's NewMed says BP, ADNOC buy-in offer on hold	13/03	RE
BP Exploration Operating Company Limited and Abu Dhabi National Oil Company cancelled the acquisition of NewMed Energy - Limited Partnership (TASE : NWMD) from Delek Group Ltd..	13/03	CI
BASF shares rise on report ADNOC exploring Wintershall Dea deal	24/11	RE
NewMed Energy - Limited Partnership Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	16/11	CI
Cyprus responds to Chevron extension sought over Aphrodite gas	06/11	RE
US, European Companies Strike Deals to Further Consolidate Oil Industry -- At a Glance	23/23/23	DJ
Israeli energy sites impacted by the Gaza conflict	16/23/16	RE
BP Says Bid For Stake in Israel's NewMed Energy Is Still on Track, Reuters Reports	11/23/11	DJ
Chevron halts gas exports via EMG pipeline from Israel to Egypt	10/23/10	RE
Abu Dhabi's oil champion ADNOC bets on global expansion	09/23/09	RE
BP, Adnoc Bid for NewMed at Risk as Review Panel Seeks Higher Price, Reuters Reports	02/23/02	DJ
Panel reviewing BP, Adnoc offer for Israel's NewMed seeks higher price -sources	02/23/02	RE
US backs Chevron in dispute with Cyprus over giant gas field	01/23/01	RE
Cyprus declines Chevron's gas field development proposal - Bloomberg News	26/23/26	RE
NewMed Energy - Limited Partnership Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	21/23/21	CI
Abu Dhabi's ADNOC to acquire 30% stake in Absheron gas field	04/23/04	RE
Israel's energy minister favors more natural gas exports	02/23/02	RE
BP, Azerbaijan's Socar make maiden bid for Israeli offshore gas - sources	17/23/17	RE
Israel's gas reserves grew by 40% over past decade -report	22/23/22	RE
BP Exploration Operating Company Limited and Abu Dhabi National Oil Company made an offer to acquire NewMed Energy - Limited Partnership (TASE : NWMD) from Delek Group Ltd. for ILS 7 billion.	28/23/28	CI
NewMed Energy - Limited Partnership cancelled the acquisition of Capricorn Energy PLC from a group of sellers and others in a reverse merger.	15/23/15	CI

Chart NewMed Energy - Limited Partnership

Duration

Period

Chart NewMed Energy - Limited Partnership

More charts

Company Profile

Newmed Energy LP, formerly known as Delek Drilling LP, is an Israel-based company that operates in the energy sector. Newmed Energy LP is mainly engages in the exploration, development, production and marketing of natural gas, condensate and oil in Israel and in Cyprus, as well as in the promotion of various natural gas-based projects. It's portfolio operations includes Leviathan, Leviathan Phase B, Aphrodite and other assets such as New Ofek and New Yahel. Additionally Newmed Energy LP explores business opportunities in the field of exploration, development, production, and marketing of natural gas, condensate and oil in other countries, and is also exploring possibilities for entering the renewable energies sector and the field of blue hydrogen which is produced from natural gas and may constitute a low-carbon substitute for energy consumers.

Sector

Oil & Gas Exploration and Production

Calendar

12/08/2024 - Q2 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

8.649 ILS

Average target price

11.3 ILS

Spread / Average Target

+30.65%

Consensus

Sector Natural Gas Exploration & Production - Offshore

	1st Jan change	Capi.
NEWMED ENERGY - LIMITED PARTNERSHIP	-14.91%	2.73B
TAMAR PETROLEUM LTD	+27.58%	492M
CONRAD ASIA ENERGY LTD.	-29.57%	96.14M
TOMER ENERGY ROYALTIES (2012) LTD	+9.96%	77.62M

Natural Gas Exploration & Production - Offshore