A Look At The Intrinsic Value Of NewMed Energy - Limited Partnership (TLV:NWMD)
Jul 29
Israeli (TA) Oil and Gas Industry Analysis
UpdatedJul 29, 2024
DataAggregated Company Financials
Companies22
- 7D-3.3%
- 3M-0.8%
- 1Y-2.2%
- YTD-1.8%
Over the last 7 days, the Oil and Gas industry has remained flat, although notably Delek Group declined by 3.4%. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 1.3% annually.
Industry Valuation and Performance
Has the Israeli Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|
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Current Industry PE
- Investors are optimistic on the Israeli Oil and Gas industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 7.7x which is higher than its 3-year average PE of 6.4x.
- The industry is trading close to its 3-year average PS ratio of 0.65x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas industry have grown 12% per year over the last three years.
- Revenues for these companies have grown 26% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Israeli Energy industry?
| IL Market | -1.16% | |
| Energy | -3.11% | |
| Oil and Gas | -3.26% | |
| Oil and Gas Storage and Transportation | 7.74% | |
| Integrated Oil and Gas | 0% | |
| Coal and Fuels | 0% | |
| Oil and Gas Refining and Marketing | -2.30% | |
| Oil and Gas Exploration and Production | -3.53% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Exploration and Production industry which is trading above its 3-year average PE ratio of 6.8x.
- Analysts are expecting annual earnings growth of 1.3%, which is higher than its past year's earnings decline of 10.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Exploration and Production industry, expecting annual earnings growth of 1.3% over the next 5 years.
- This is better than its past earnings decline of 10% per year.
- In contrast, the Oil and Gas Exploration and Production industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TMRP Tamar Petroleum | ₪20.02 | 2.1% +₪36.3m | 28.8% | PE8.7x | |
| ELCP Electra Power (2019) | ₪19.91 | 7.7% +₪25.6m | -50.3% | PS0.5x | |
| UPSL Upsellon Brands Holdings | ₪1.33 | 6.0% +₪1.6m | 2.2% | PS0.5x | |
| RTPT Ratio Petroleum Energy - Limited Partnership | ₪0.18 | 1.7% +₪674.5k | -42.3% | PB1.3x |
