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Last 228.10
Change Today +1.20 / 0.53%
Volume 13.1M
AVNRL On Other Exchanges
Tel Aviv
As of 10:24 AM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

avner oil exploration - lp (AVNRL) Snapshot

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52 Week High
09/22/14 - $374.00
52 Week Low
09/1/15 - $221.10
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Current Stock Chart for AVNER OIL EXPLORATION - LP (AVNRL)

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avner oil exploration - lp (AVNRL) Details

Avner Oil Exploration (Limited Partnership) engages in the exploration and production of oil and gas. It holds working interests in gas properties located in Israel and Cyprus. Avner Oil and Gas Ltd. serves as the general partner of Avner Oil Exploration (Limited Partnership). The company was founded in 1991 and is based in Herzelia, Israel.

Founded in 1991

avner oil exploration - lp (AVNRL) Top Compensated Officers

Chairman of Avner Oil & Gas Ltd and Chief Exe...
Total Annual Compensation: --
Chief Financial Officer of Avner Oil and Gas ...
Total Annual Compensation: $36.0K
Deputy Chief Executive Officer of Financial A...
Total Annual Compensation: 192.0K
Vice President of Avner Oil & Gas Ltd, Genera...
Total Annual Compensation: 143.0K
Vice President of Explorations of Avner Oil a...
Total Annual Compensation: 147.0K
Compensation as of Fiscal Year 2014.

avner oil exploration - lp (AVNRL) Key Developments

Avner Reports Earnings Results for the First Quarter of 2015

Avner reported earnings results for the first quarter of 2015. For the quarter, the company reported revenue after royalty payments of $49.8 million, up 5.5% from $47.2 million in the corresponding quarter of 2014. Net profit was $29.2 million, up from $17.6 million in the corresponding quarter of 2014.

Avner Oil and Gas LP Reports Earnings Results for the Fourth Quarter and Full Year of 2014

Avner Oil and Gas LP reported earnings results for the fourth quarter and full year of 2014. For the fourth quarter, the company reported profit of $18.4 million, up from $16.7 million in the corresponding quarter of 2013. The company's revenue rose to $188.2 million in 2014 from $166.5 million in 2013. For the year, the company reported profit of $65.9 million, up from $50 million in 2013.

Palestine Power Generation Cancels $1.2 Billion Leviathan Gas Deal

Palestine Power Generation Co. (PPGC) has cancelled the 20-year deal due to delays caused by the Israel Antitrust Authority. In January 2014, PPGC signed an agreement to buy 4.75 billion cubic meters of gas over 20 years. The Leviathan partners (Avner Oil and Gas LP, Delek Drilling Limited Partnership and Ratio Oil Exploration (1992) LP) explicitly stated that the cancellation of the contract was because the Israel Antitrust Authority had failed to grant approvals, delays in approvals for the development of the Leviathan field, and lack of other regulatory approvals.


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