NewMed Energy (NWMD) Corporate presentation summary
Event summary combining transcript, slides, and related documents.
Corporate presentation summary
15 Jul, 2026Strategic positioning and asset portfolio
Operates across the full exploration and production value chain with a $7 billion market cap and is listed on the TA-35 index.
Holds a world-class portfolio, evolving from domestic to regional dominance and pursuing global expansion.
Financial strength is underpinned by robust cash flow and valuable assets.
Leviathan project overview
Holds a 45.3% stake in Leviathan, a major regional gas asset with 2P reserves of 19.5 tcf and 43 mmbbl condensate.
Production capacity is expanding from 1.2 bcf/d to over 2.1 bcf/d, with additional prospective oil resources.
Long-term contracts with take-or-pay mechanisms and limited price risk support stable revenues.
Sales are diversified across Israel, Egypt, and Jordan, with increasing contracted volumes through 2030.
Financial and operational performance
Net production from Leviathan averaged 5.0–6.2 bcm annually (2022–2025), with realized prices rising from $0.73 to $0.93/mmbtu.
Net revenue ranged from $1,011 million to $1,144 million, and EBITDA from $684 million to $813 million (2022–2025).
Average operating expenses remained stable at $0.84/mcf.
Latest events from NewMed Energy
- Q2 net income jumped 45% YoY to $117.8M, with a $60M dividend and revenue forecast raised.NWMD
Q2 2026 - Q1 shutdown cut profit, but $2.88B FY guidance set on Brent gains and new capacity.NWMD
Q1 2026 - Shutdown impacted Q1, but strong FY 2025 and new capacity drive a positive 2026 outlook.NWMD
Q4 2025 - Leviathan expansion boosts capacity, financials, and renewables, while debt and LTV decline.NWMD
Status update - Q3 2025 saw 3.1 BCM gas sales, $128.5M net profit, and $60M dividend distribution.NWMD
Q3 2025 - Record profit and production growth, with strong sales despite war-related project delays.NWMD
Q3 2024 - Q2 net profit hit $137M as gas output, prices, and expansion projects advanced.NWMD
Q2 2024 - Q1 2025 net profit was $116.4M, with strong revenues, project progress, and active capital management.NWMD
Q1 2025 - Net profit rose to $525M on record production, with major expansion and export plans advancing.NWMD
Q4 2024