NewMed Energy reported record results in the third quarter of 2024, with net profit jumping 25% to $147 million as production from its Leviathan gas field reached an all-time high of 3.1 billion ...

NewMed Energy signed an agreement to buy a 50 percent stake in the Han Asparuh block, located on Bulgaria's side of the Black Sea, from OMV Petrom.

Additionally, insurance rates rose. Finally, the cost of foreign subcontractors added to NewMed’s costs. NewMed reported a depreciation, depletion, and amortization expense of around $38 million.

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

NewMed Energy LP (DKDRF) achieved a record quarter for production, with an average of 1.2 BCf a day. The company reported a net profit of $147 million, which is 25% higher than the same quarter ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

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NewMed Energy LP (DKDRF) achieved a record quarter for production, with an average of 1.2 BCf a day. The company reported a net profit of $147 million, which is 25% higher than the same quarter last ...