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- TASE:ISRA
Isramco Negev 2 Limited Partnership Third Quarter 2024 Earnings: EPS: US$0.014 (vs US$0.014 in 3Q 2023)
Isramco Negev 2 Limited Partnership (TLV:ISRA) Third Quarter 2024 Results
Key Financial Results
- Revenue: US$112.6m (up 6.4% from 3Q 2023).
- Net income: US$35.3m (flat on 3Q 2023).
- Profit margin: 31% (down from 34% in 3Q 2023). The decrease in margin was driven by higher expenses.
- EPS: US$0.014 (in line with 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Isramco Negev 2 Limited Partnership's share price is broadly unchanged from a week ago.
Risk Analysis
Be aware that Isramco Negev 2 Limited Partnership is showing 2 warning signs in our investment analysis and 1 of those shouldn't be ignored...
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About TASE:ISRA
Isramco Negev 2 Limited Partnership
Engages in the exploration, development, and production of oil, natural gas, and condensate in Israel, Jordan, and Egypt.
Adequate balance sheet average dividend payer.