Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Isramco Negev 2 Limited Partnership operates in the energy sector, concentrating on the discovery, development, and extraction of crude oil, natural gas, and condensate. Its operations span Israel, Jordan, and Egypt. The partnership's significant holdings encompass the Tamar and Levitan natural gas reservoirs, alongside the Shimshon concession. It serves a broad range of clients, with Israel Electric Company Ltd. being a prominent customer. The company was founded in 1989 and maintains its primary office 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