Dec. 2, 2014, 5:44 PM
- Oil producers with the most debt are the most at risk in a ~$70/bbl oil price environment, since they have more relative cash flow directed toward interest payments rather than drilling, so they’re most likely to see production declines.
- For investors looking to limit risk, MarketWatch's Philip Van Doorn provides a list of U.S. shale oil producers with market values of at least $50M and share prices above $1 with the highest ratios of debt to equity, in order: UPL, MPO, MRD, ISRL, JONE, XCO, PQ, GDP, LINE, HK.
Aug. 8, 2014, 4:41 PM
- Isramco (NASDAQ:ISRL): Q2 EPS of $1.46.
- Revenue of $23.23M (+36.4% Y/Y).
May 9, 2014, 4:05 PM
- Isramco (ISRL): Q1 EPS of $1.50
- Revenue of $21.36M (+86.6% Y/Y)
May 5, 2014, 4:59 PM
- Noble Energy (NBL) announces a preliminary agreement between the Tamar field partners and Union Fenosa Gas for the supply of natural gas from the field offshore Israel to UFG's existing natural gas liquefaction facilities in Egypt.
- The deal contemplates a contract term of 15 years and a total gross sales quantity of up to 2.5T cf of natural gas, or ~440M cf/day over the period.
- NBL operates Tamar with a 36% working interest; other interest owners include Isramco (ISRL), Delek Drilling (DKDRF) and Avner Oil (AVOGF).
Mar. 17, 2014, 6:08 PM
- Isramco (ISRL): Q4 EPS of $4.83.
- Revenue of $20.62M
Mar. 31, 2013, 4:57 AM
Israel has started production of natural gas from its offshore Tamar field, taking the country further along the road towards energy independence. The news is also a boon to the companies who have been developing Tamar - which holds 10T cubic feet of gas - including Noble Energy (NBL) and Delek Group (DGRLY.PK).| Mar. 31, 2013, 4:57 AM | 2 Comments