Risk factor
Limited trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Isramco Negev 2 Limited Partnership operates as an energy company, focusing on the end-to-end process of hydrocarbon resource development. This encompasses the discovery, extraction, and ultimate production of crude oil, natural gas, and liquid condensate. The partnership's activities extend across Israel, Jordan, and Egypt. Its portfolio includes significant assets such as the Tamar and Leviathan gas reservoirs, alongside the Shimshon concession. Isramco Negev 2 supplies a varied customer base, prominently including the Israel Electric Company Ltd. Founded in 1989, the firm is headquartered in Petah Tikva, Israel.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBI