Isramco Negev 2 Limited Partnership

Isramco Negev 2 Limited Partnership

TTASE:ISRA
208.60
ILA
+2.30
(+1.11%)
13.49EPS
13.79P/E
486.79BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
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
Basic EPS, GAAP
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
0.05
Free Cash Flow per Basic Share
-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
0.04
Dividend per Share
- -
- -
0.05
0.02
0.22
0.09
0.1
0.05
0.04
- -
0.03
0.04
0.05
0.05
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
0.23
Tangible 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
0.23
Basic Weighted Avg Shares
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
Sales/Revenue/Turnover
297
476
473
515
540
583
594
435
410
519
476
533
514
531
Operating Margin (%)
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
35.23
Depreciation Expense
3
3
45
52
53
56
56
46
45
55
49
54
59
57
Net Income, GAAP
139
224
268
303
308
317
339
238
-45
159
133
145
116
119
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
133.91
20
23.09
23.23
23.88
23.48
Profit Margin (%)
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
22.42
Working Capital
-105
-76
-17
-25
-15
63
-53
-14
-64
7
- -
-45
27
14
LT Debt
815
625
511
402
721
690
458
516
418
303
287
246
394
380
Total Equity
515
717
805
919
525
551
588
538
379
532
586
622
608
596
Return on Invested Capital (%)
- -
18.04
21.16
23.74
25.13
25.96
30.97
22.64
-7.39
17.26
13.8
14.77
12.4
17.01
Return on Capital (%)
- -
18.27
20.61
23.31
24.63
26.81
30.77
22.93
-5.2
18.88
15.13
16.16
13.02
14.34
Return on Common Equity (%)
- -
36.34
35.16
35.21
42.65
58.94
59.56
42.35
-9.83
34.79
23.69
23.99
18.83
19.82

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
42
42
55
LT Borrowings
394
397
380
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,600
2,603
2,603
Market Capitalization
2,013
1,759
1,642

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
189
233
156
Cash, Cash Equivalents & STI
111
140
42
Accounts Receivable, Net
70
78
97
Inventories
- -
- -
- -
Total Current Liabilities
162
162
143
Payables & Accruals
- -
- -
- -
ST Debt
42
42
55
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

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

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
139
122
140
133
533
2025
135
133
130
116
514
2026
136
149
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

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

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.03
- -
0.02
0.04
2025
- -
0.03
- -
0.02
0.05
2026
- -
0.03
- -
- -
- -

Company Description

CEO
Ron Maor
Full Time Employees
25
Sector
Energy minerals
Industry
Integrated oil
Address
8 Granite Street Petach Tikva HM Israel 4951407
IPO Date
Jan 1, 1989
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.