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Last 1,541
Change Today -8.00 / -0.52%
Volume 277.6K
DEDRL On Other Exchanges
Tel Aviv
As of 9:13 AM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

delek drillin - lp (DEDRL) Snapshot

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10/7/14 - $2,074
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03/16/15 - $1,281
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delek drillin - lp (DEDRL) Details

Delek Drilling - Limited Partnership engages in the exploration, development, and production of oil, natural gas, and condensates in Israel and Cyprus. It primarily holds interests in the Noa, Mari B, and Pinnacles reservoirs; the Tamar and Dalit leases; and the Leviathan well located in Israel, as well as Block 12 located within the economic zone of Cyprus. Delek Drilling Management (1993) Ltd. serves as general partner of the company. The company was founded in 1993 and is based in Herzliya, Israel. Delek Drilling - Limited Partnership is a subsidiary of Delek Energy Systems Ltd.

delek drillin - lp (DEDRL) Top Compensated Officers

Chief Executive Officer of Delek Drilling Man...
Total Annual Compensation: 272.0K
Deputy Chief Executive Officer for Financial ...
Total Annual Compensation: 192.0K
Vice President of Delek Drilling Management (...
Total Annual Compensation: 143.0K
Compensation as of Fiscal Year 2014.

delek drillin - lp (DEDRL) Key Developments

Delek Drilling - Limited Partnership expected to report Q2 2015 results on August 3, 2015. This event was calculated by Capital IQ (Created on July 28, 2015).

Delek Drilling - Limited Partnership expected to report Q2 2015 results on August 3, 2015. This event was calculated by Capital IQ (Created on July 28, 2015).

Delek And Noble To Sell Gas Fields

Delek Group Ltd. (TASE:DLEKG) and Noble Energy, Inc. (NYSE:NBL) are planning to sell assets. Prime Minister, Benjamin Netanyahu has been pushing for a disposal deal. Under government’s roadmap, Noble and Delek will have 14 months to find a buyer for Tanin and Karish gas fields, which analysts expect, could together be worth $1.5 billion. Delek will also have six years to sell its 31.25% stake in the larger Tamar field, and Noble is being forced to lower its Tamar stake to 25% from 36%. Chief Executive Officer of Delek Drilling - Limited Partnership (TASE:DEDR.L), Yossi Abu said, “There was no other choice but to agree to this roadmap.” If the group does not complete a sale in the allotted time, the projects will be turned over to a trust that will sell to the highest bidder.

Delek Drilling - Limited Partnership Reports Earnings Results for the First Quarter of 2015

Delek Drilling - Limited Partnership reported earnings results for the first quarter of 2015. For the quarter, the company reported revenue after royalty payments of $51.4 million, up 5% from $48.8 million in the corresponding quarter of 2014. Net profit was $30.8 million, up from $18.8 million in the corresponding quarter of 2014.


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