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Isramco Negev 2 Limited Partnership

Isramco Negev 2 Limited Partnership

ISRA.TA
Isramco Negev 2 Limited PartnershipIL flagTel Aviv Stock Exchange
200.90
ILA
+4.30
- -
5.23BMarket Cap
Isramco Negev 2 Limited Partnership
ISRA.TA
(Tel Aviv Stock Exchange)

Recent

price

200.90

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
0.11
0.18
0.18
0.2
0.21
0.23
0.23
0.17
0.16
0.2
0.18
0.21
0.2
0.2
Revenue per Share
- -
0.05
0.09
0.1
0.12
0.12
0.12
0.13
0.09
-0.02
0.06
0.05
0.06
0.04
0.04
Basic EPS, GAAP
-0.16
-0.01
0.1
0.12
0.14
0.13
0.16
0.16
0.11
0.07
0.08
0.04
0.05
0.07
0.06
Free Cash Flow per Basic Share
- -
- -
- -
0.05
0.02
0.22
0.09
0.1
0.05
0.04
- -
0.03
0.04
0.05
0.05
Dividend per Share
- -
0.2
0.27
0.31
0.35
0.2
0.21
0.22
0.2
0.14
0.2
0.22
0.24
0.23
0.24
Book Value per Share
- -
0.2
0.28
0.31
0.35
0.2
0.21
0.23
0.21
0.15
0.21
0.23
0.24
0.23
0.24
Tangible Book Value per Share
2,590
2,590
2,590
2,590
2,590
2,590
2,590
2,590
2,590
2,590
2,590
2,590
2,593
2,600
2,601
Basic Weighted Avg Shares
- -
297
476
473
515
540
583
594
435
410
519
476
533
514
515
Sales/Revenue/Turnover
- -
64.01
64.49
65.69
66.06
65.75
59.87
63.48
59.73
39.72
39.39
37.58
36.7
33.51
33.77
Operating Margin (%)
- -
3
3
45
52
53
56
56
46
45
55
49
54
59
60
Depreciation Expense
-4
139
224
268
303
308
317
339
238
-45
159
133
145
116
114
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
133.91
20
23.09
23.23
23.88
24.11
Effective Tax Rate (%)
- -
46.95
47.02
56.57
58.91
57.03
54.38
57.04
54.84
-10.99
30.57
27.82
27.18
22.49
22.16
Profit Margin (%)
- -
-105
-76
-17
-25
-15
63
-53
-14
-64
7
- -
-45
27
71
Working Capital
- -
815
625
511
402
721
690
458
516
418
303
287
246
394
397
LT Debt
- -
515
717
805
919
525
551
588
538
379
532
586
622
608
635
Total Equity
- -
26.19
20.76
21.16
23.74
25.13
25.96
30.97
22.65
-5.34
17.39
13.89
14.82
12.43
12.66
Return on Invested Capital (%)
- -
26.98
18.39
20.74
23.46
24.79
26.99
31
23.11
-5.25
19.09
15.33
16.37
13.17
13.01
Return on Capital (%)
- -
55.1
36.88
35.59
35.58
43.19
59.95
60.52
43.04
-10.03
35.6
24.22
24.49
19.19
18.05
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
76
42
42
LT Borrowings
406
394
397
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,600
2,600
2,603
Market Capitalization
193,143
200,297
175,209

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
328
189
233
Cash, Cash Equivalents & STI
243
111
140
Accounts Receivable, Net
59
70
78
Inventories
- -
- -
- -
Total Current Liabilities
211
162
162
Payables & Accruals
- -
- -
- -
ST Debt
76
42
42
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.07%
4.96%
-2.23%
Free Cash Flow
-0.37%
-1.27%
41.08%
Net Income, GAAP
-60.27%
-119.55%
-20.12%
Sales/Revenue/Turnover
1.79%
4.21%
-3.46%
Total Cash Common Dividend
- -
- -
18.28%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
139
122
140
133
533
2025
135
133
130
116
514
2026
136
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.01
0.01
- -
0.06
2025
0.01
0.01
0.01
- -
0.04
2026
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.03
- -
- -
0.04
2025
- -
0.03
- -
- -
0.05
2026
- -
- -
- -
- -
- -
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Business
Isramco Negev 2 Limited Partnership engages in the exploration, development, and production of oil, natural gas, and condensate primarily in Israel, with additional operations in Jordan and Egypt. The partnership holds significant working interests in key offshore gas fields including Tamar (28.75%), where it produces natural gas supplied to customers such as Israel Electric Company Ltd., Dalit (28.75%), Shimshon (79%), Daniel (59%), Med Yavne (49.86%), and others; its products consist of natural gas and condensate serving domestic energy needs in heavy industry, electricity generation, and transportation sectors. Founded in 1989 and headquartered at 8 Granit Street, Petah Tikva, Israel, the partnership operates through cooperation with Isramco Oil and Gas Ltd. as general partner and Isramco Management (1988) Ltd. as nominee holder, with shares listed on the Tel Aviv Stock Exchange (ISRA.TA). In a major recent development, Isramco Negev 2 signed an agreement on November 20, 2025, to acquire Naphtha Exploration LP for approximately ILS 1.7 billion, expanding its asset portfolio in Israeli oil and gas properties. The partnership also participates in the ongoing Tamar gas field expansion, with partners including Chevron agreeing in 2024 to boost production capacity to 1.6 billion cubic feet per day through investments exceeding $670 million targeted for completion in 2025, supporting increased exports to Egypt and domestic supply amid rising regional energy demand.