![Isramco Negev 2 logo](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>)
June 2026
Proprietary AI analyst is now available
Largest Oil & Gas Public Companies in Israel
Benchmark revenue and EBITDA valuation multiples for public comps like
NewMed Energy, Delek Group, Navitas Petroleum, Paz Retail And Energy and Oil Refineries.
 | NewMed Energy LP operates in the energy field. Its primary business is exploring, developing, producing, and marketing natural gas, condensate, and oil in Israel and Cyprus and promoting various natural gas-based projects. The Partnership aims to increase the volume of its natural gas sales. | $6 | +5% | $7B | $8B | 7.8x | 10.7x | ||
| Delek Group Ltd operates in the oil and natural gas exploration, development, production and marketing sector in Israel and abroad. through investees. The operating segments of the company are, 1) Energy in Israel segment includes the development, production and sale of natural gas in the existing oil assets of the Partnership, and oil and natural gas exploration in the Mediterranean Sea, 2) the Foreign energy segment includes projects of the UK continental shelf in the North sea region through Ithaca Energy plc which is controlled indirectly by the company and 3) additional operations. The company operates primarily in Israel and North Sea region. | $293 | +30% | $5B | $10B | 6.9x | 9.0x | ||
| Navitas Petroleum LP is engaged in oil and gas exploration and production in North America. The Company operates out of the United States (Houston) and Israel (Herzliya). | $44 | +38% | $5B | $6B | 13.9x | 71.8x | ||
| Paz Retail And Energy Ltd formerly Paz Oil Co Ltd is a energy company that engages in the refining, production, storage, importing and marketing of fuel products. Alongside these operations, Paz has fuel product storage, distribution terminals, and a network of filling stations and convenience stores. The majority of revenue can be traced back to the company's retail and wholesale and refining divisions. The R&W division participates in the marketing, distributing, and transporting of oil at filling stations. This division also is involved in the management, leasing, logistics, and maintenance of many of the filling stations and convenience stores. Operations under the refining division include the import of crude oil and related products, production of oil distillates. | $277 | +39% | $3B | $4B | 1.1x | 9.2x | ||
| Oil Refineries Ltd (ORL), also known as Bazan Group, engages in the production of fuel products. It also manufactures raw materials for the petrochemical industry and materials for the plastic industry, including oils, wax, and accompanying products. The company also provides power and water (mainly electricity and steam) services to a number of industries located near the refinery in Israel. The variety of products refined by ORL is used in industrial operations, transportation, private consumption, agriculture, and infrastructures. ORL plays a key role in Israel's refinery complex, with a major portion of refined products going to local consumption. Although the majority of operations are consumed by refining, ORL is also active in polymer and aromatic production through subsidiaries. | $1 | +93% | $2B | $2B | 0.4x | 6.7x | ||
| Isramco Negev 2 LP is principally engaged in the exploration, development, and production of oil, natural gas, and condensate, with operations based in Israel and some interests potentially in regional fields. | $1 | -10% | $2B | $2B | 3.9x | 8.7x | ||
| Ratio Energies LP focuses on the engaged in exploration, development, and production of natural gas and condensate from the Leviathan reservoir in the area of the Leviathan South and Leviathan North. | $2 | -2% | $2B | $2B | 6.3x | 9.4x | ||
| Equital Ltd provides real estate management services and rental services. The company also provides oil and gas exploration services. | $38 | -24% | $1B | $3B | 2.5x | 4.5x | ||
| Tamar Petroleum Ltd is an Israel based company engaged in the production, and sale of natural gas. It has interest rights in the Tamar and Dalit reservoirs located in the west of Haifa. The company's only operating segment is exploration, development, production, and sale of natural gas. | $9 | -35% | $775M | $1B | 4.4x | 9.1x | ||
| Naphtha Israel Petroleum Corp Ltd explores oil & gas. It also engages in real estate operations in Israel and Europe. Some of its subsidiaries are Isramco Oil & Gas, Unikurs Kft, Bivvy Kft, Stars Invest S.R.O., Isramco Properties GmbH, and A.M.S. GmbH. | $8 | -- | $745M | $909M | 1.1x | 3.0x | ||
| Median | $8 | +5% | $2B | $3B | 4.2x | 9.1x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.