Delek Group Ltd Overview
Pro stress-test →Delek Group is an independent exploration and production company and the pioneering visionary behind the development of the East Med. With major finds in the Levant Basin, including the Leviathan (21.4 TCF) and Tamar (11.2 TCF) reservoirs, Delek is leading the region's development into a major natural gas export hub. Delek Group is one of Israel's largest and most prominent companies with a consistent track record of growth.
Strategic Profile
Pro stress-test →Delek has embarked on an international expansion with a focus on high-potential opportunities in the North Sea and North America. The company owns E&P operations across the Levant, in the North Sea and in the Gulf of Mexico. Beyond E&P, Delek Group's largest subsidiary is Delek – The Israel Fuel Corporation, one of the largest chains of filling stations in Israel.
Competitive Landscape
Pro stress-test →Direct competitors include NewMed Energy (TA-125 indexed peer with ILA 21.622B market cap), Ithaca Energy plc in North Sea operations, and other regional E&P players like Navitas Petroleum and Tamar Petroleum. Delek's competitive advantage stems from early-mover advantage in Levant Basin development and established retail operations in Israel.
Industry Context
Delek Group Ltd operates in Oil & Gas Exploration & Production.
Key facts
Founded: 1951 · Headquarters: Herzliya, Israel · Employees: 469 · Revenue: $11.96B · Market cap: $5.3B