Tamar Petroleum Ltd engages in the exploration, development, production, marketing, and transmission of natural gas and condensate in Israel. It has 16.75% interest rights in the Tamar and Dalit projects. The company sells and supplies natural gas produced from the Tamar reservoir primarily to the Israel Electric Company Ltd., private electricity producers, industrial customers, and natural gas marketing companies, as well as sells condensate to Ashdod refinery Ltd. It also exports natural gas to Jordan and Egypt. The company was formerly known as Karish and Tanin Management Ltd. and changed its name to Tamar Petroleum Ltd in May 2017. Tamar Petroleum Ltd was incorporated in 2015 and is headquartered in Herzliya Pituach, Israel.
Metrics to compare | TMRP | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipTMRPPeersSector | |
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P/E Ratio | 8.7x | 7.8x | 4.7x | |
PEG Ratio | 0.38 | −0.11 | 0.00 | |
Price / Book | 1.2x | 1.4x | 1.1x | |
Price / LTM Sales | 2.0x | 1.3x | 1.2x | |
Upside (Analyst Target) | - | 25.9% | 32.4% | |
Fair Value Upside | Unlock | 21.1% | 10.0% | Unlock |