Isramco (NASDAQ:ISRL) was downgraded by equities researchers at BidaskClub from a “buy” rating to a “hold” rating in a research report issued on Wednesday.
Shares of ISRL stock opened at $115.50 on Wednesday. The stock has a market capitalization of $322.45 million, a price-to-earnings ratio of 17.71 and a beta of 0.61. Isramco has a 52 week low of $92.00 and a 52 week high of $135.05.
Isramco (NASDAQ:ISRL) last announced its quarterly earnings data on Friday, November 9th. The oil and natural gas company reported $2.27 EPS for the quarter. The business had revenue of $22.85 million for the quarter. Isramco had a negative net margin of 25.70% and a negative return on equity of 109.51%.
Isramco, Inc, an independent oil and natural gas company, engages in the exploration, development, and production of oil and natural gas properties located onshore in the United States and offshore Israel. It operates in two segments, Oil and Gas Exploration and Production; and Production Services. The Oil and Gas Exploration and Production segment owns working interests in oil and gas wells in Louisiana, Texas, New Mexico, Oklahoma, Wyoming, Utah, and Colorado; and operates approximately 422 producing wells located primarily in Texas and New Mexico.
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