Modiin Energy-Limited Partnership
MDIN.TA
Tel Aviv Stock Exchange176.00
ILA
-0.90
- -
Modiin Energy-Limited Partnership
MDIN.TA
(Tel Aviv Stock Exchange)
Recent
price
176.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Modiin Energy-Limited Partnership (MDIN.TA) engages in the exploration, development, and production of oil and gas assets, as well as renewable energy projects through affiliated companies; its core operations include low-cost production from approximately 60 oil and gas wells in the North Park Basin project in Colorado, USA, where it holds a 50% working interest across 100,000 acres with dozens of identified drilling locations and a multi-year development plan; additional activities encompass oil and gas exploration licenses in Israel and its maritime exclusive economic zone, alongside renewable energy initiatives. The partnership operates primarily in the energy sector, targeting upstream oil and gas production and exploration in the United States and Israel, with a focus on high-quality assets supported by strong local partners. Founded in 1992 and headquartered in Tel Aviv, Israel, at 3 Azrieli Center Triangle Tower, it trades on the Tel Aviv Stock Exchange and maintains segments for US oil and gas, renewable energy, and other Israeli exploration activities. Recent developments include the completion of its 2023 drilling program at North Park Basin, followed by the reactivation of previously shut-in wells to boost production; in August 2023, it secured approximately NIS 28.7 million in funding from an investment fund to refinance existing debt; financial reports for 2023 and the first half of 2023 highlighted significant production growth, increased income, and improved cash flow amid planned structural changes; as of July 2024, the general partner proposed major amendments to the partnership agreement in lieu of a structural reorganization.