Naphtha Israel Petroleum Corp Ltd traded at 2,609.00 this Tuesday February 3rd, decreasing 1.00 or 0.04 percent since the previous trading session. Looking back, over the last four weeks, Naphtha Israel Petroleum lost 3.16 percent. Over the last 12 months, its price rose by 5.97 percent. Looking ahead, we forecast Naphtha Israel Petroleum Corp Ltd to be priced at 2,602.82 by the end of this quarter and at 2,384.35 in one year, according to Trading Economics global macro models projections and analysts expectations.
Naphtha Israel Petroleum Corporation Ltd. is an Israel-based company. Until 1996, the Company was held by the Israeli government and in 1996 J.O.E.L Jerusalem Oil Exploration Ltd. became the major share holder of the Company. In 2007, Naphtha Israel Petroleum Corporation Ltd expanded its activities from local petroleum and gas exploration to the United States by acquiring Five States Energy Company LLC. The acquisition introduced the Company to oil and gas explorations in Texas, New Mexico and Oklahoma. The Company’s subsidiaries include Isramco Oil & Gas, Unikurs Kft, Bivvy Kft, Stars Invest S.R.O., Isramco Properties Gmbh, A.M.S. Gmbh, Potsdamer Gmbh and Potsdamer KG Limited and several other subsidiaries. Naphtha Israel Petroleum Corporation Ltd. is also active in the real estate sector, it has investments in high yield properties in Israel and Europe and it operates two hotels in Berlin, Germany.