Is NewMed Energy - Limited Partnership (TLV:NWMD) Using Too Much Debt?
Aug 24
Israeli (TA) Oil and Gas Exploration and Production Industry Analysis
UpdatedSep 26, 2023
DataAggregated Company Financials
Companies19
- 7D-1.5%
- 3M19.8%
- 1Y13.0%
- YTD35.2%
Over the last 7 days, the Oil and Gas Exploration and Production industry has remained flat, although notably Tamar Petroleum gained 4.2%. As for the the longer term, the industry is up 13% over the past 12 months.
Industry Valuation and Performance
Has the Israeli Oil and Gas Exploration and Production Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 26 Sep 2023 | ₪43.0b | ₪25.6b | ₪3.6b | 9.5x | 12.1x | 1.7x |
| Thu, 24 Aug 2023 | ₪42.2b | ₪25.5b | ₪3.6b | 10.4x | 11.6x | 1.7x |
| Sat, 22 Jul 2023 | ₪38.5b | ₪25.3b | ₪5.9b | 9.1x | 6.5x | 1.5x |
| Mon, 19 Jun 2023 | ₪37.1b | ₪25.1b | ₪5.9b | 9.6x | 6.3x | 1.5x |
| Wed, 17 May 2023 | ₪36.3b | ₪24.9b | ₪8.0b | 7.8x | 4.5x | 1.5x |
| Fri, 14 Apr 2023 | ₪34.6b | ₪24.1b | ₪9.3b | 6.9x | 3.7x | 1.4x |
| Sun, 12 Mar 2023 | ₪28.6b | ₪23.5b | ₪9.4b | 7.2x | 3x | 1.2x |
| Tue, 07 Feb 2023 | ₪30.1b | ₪23.2b | ₪9.3b | 6.7x | 3.2x | 1.3x |
| Thu, 05 Jan 2023 | ₪30.6b | ₪23.3b | ₪9.4b | 6.8x | 3.3x | 1.3x |
| Sat, 03 Dec 2022 | ₪34.4b | ₪22.9b | ₪9.5b | 6.5x | 3.6x | 1.5x |
| Mon, 31 Oct 2022 | ₪35.3b | ₪21.8b | ₪8.6b | 8.9x | 4.1x | 1.6x |
| Wed, 28 Sep 2022 | ₪37.7b | ₪21.8b | ₪8.6b | 9.3x | 4.4x | 1.7x |
| Fri, 26 Aug 2022 | ₪39.7b | ₪19.4b | ₪6.1b | 10.4x | 6.5x | 2x |
| Sun, 24 Jul 2022 | ₪34.7b | ₪19.3b | ₪5.8b | 8.6x | 6x | 1.8x |
| Tue, 21 Jun 2022 | ₪33.2b | ₪19.3b | ₪5.8b | 8.9x | 5.7x | 1.7x |
| Thu, 19 May 2022 | ₪37.0b | ₪18.1b | ₪4.1b | 10.7x | 9x | 2x |
| Sat, 16 Apr 2022 | ₪39.3b | ₪17.8b | ₪4.0b | 11.5x | 9.8x | 2.2x |
| Mon, 14 Mar 2022 | ₪33.0b | ₪17.1b | ₪4.0b | 8.4x | 8.3x | 1.9x |
| Wed, 09 Feb 2022 | ₪30.9b | ₪17.1b | ₪4.0b | 8.2x | 7.8x | 1.8x |
| Fri, 07 Jan 2022 | ₪28.5b | ₪16.9b | ₪3.9b | 10.2x | 7.3x | 1.7x |
| Sun, 05 Dec 2021 | ₪24.6b | ₪16.6b | ₪3.8b | 7x | 6.5x | 1.5x |
| Tue, 02 Nov 2021 | ₪24.2b | ₪16.3b | ₪4.6b | 5.4x | 5.2x | 1.5x |
| Thu, 30 Sep 2021 | ₪21.9b | ₪16.5b | ₪4.7b | 5x | 4.7x | 1.3x |
| Sat, 28 Aug 2021 | ₪19.7b | ₪16.6b | ₪4.8b | 4.5x | 4.1x | 1.2x |
| Sun, 04 Jul 2021 | ₪20.8b | ₪16.6b | ₪4.8b | 5x | 4.4x | 1.3x |
| Wed, 07 Apr 2021 | ₪18.8b | ₪15.9b | ₪3.9b | 5.9x | 4.8x | 1.2x |
| Sat, 09 Jan 2021 | ₪15.9b | ₪16.1b | ₪1.1b | 3.9x | 14.3x | 1x |
| Fri, 02 Oct 2020 | ₪12.7b | ₪15.7b | -₪86,212,053.20 | 4.8x | -147.2x | 0.8x |
Price to Earnings Ratio
-147.2x
Current Industry PE
- Investors are pessimistic on the Israeli Oil and Gas Exploration and Production industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 12.1x which is higher than its 3-year average PE of -8.1x.
- The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- Total earnings for the Oil and Gas Exploration and Production industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 18% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Israeli Oil and Gas Exploration and Production compare with similar industries?
| IL Market | 1.34% | |
| Energy | -0.86% | |
| Oil and Gas | -1.02% | |
| Oil and Gas Exploration and Production | -1.53% | |
| Oil and Gas Refining and Marketing | 1.41% | |
| Oil and Gas Storage and Transportation | 0.84% | |
| Integrated Oil and Gas | 0% | |
| Coal and Fuels | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NWMD NewMed Energy - Limited Partnership | ₪11.38 | 0.7% +₪93.9m | 23.6% | PE7.2x | |
| ISRA Isramco Negev 2 Limited Partnership | ₪1.56 | 2.0% +₪80.3m | 24.9% | PE7.3x | |
| EQTL Equital | ₪118.70 | 1.2% +₪50.9m | 6.1% | PE11.9x | |
| ILDR Israel Land Development - Urban Renewal | ₪4.93 | 15.9% +₪38.1m | -24.6% | PS9.3x | |
| TMRP Tamar Petroleum | ₪16.49 | 2.4% +₪34.5m | 41.8% | PE8.6x |
