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    NVPT.L   IL0011419699

NAVITAS PETROLEUM, LIMITED PARTNERSHIP

(NVPT.L)
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Navitas Petroleum, Limited Partnership (TASE:NVPT.L) agreed to acquire 98% stake in Neches Oil Field in Texas from BreitBurn Operating LP for $18.5 million.

06/26/2019 EST

Navitas Petroleum, Limited Partnership (TASE:NVPT.L) agreed to acquire 98% stake in Neches Oil Field in Texas from BreitBurn Operating LP for $18.5 million on June 25, 2019. Navitas Petroleum intends to finance 55% of the consideration through a credit from a banking institution. The transaction is expected to complete on July 31, 2019.


ę S&P Capital IQ 2019
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Financials (USD)
Sales 2020 42,9 M - -
Net income 2020 -15,9 M - -
Net Debt 2020 214 M - -
P/E ratio 2020 -43,7x
Yield 2020 -
Capitalization 546 M 545 M -
EV / Sales 2019 19,5x
EV / Sales 2020 10,1x
Nbr of Employees 25
Free-Float 40,5%
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Managers and Directors
Chanan Reichman Chief Executive Officer & Director
Amit Kornhauser Chief Financial Officer
Gideon Abraham Tadmor Chairman
Steve Gallon Chief Operating Officer
Tal Yaron Eldar Independent External Director
Sector and Competitors