ISRL Profile
Isramco,
Inc. (ISRL) is an independent oil and natural gas company based in
Houston, Texas. The company is engaged in the exploration,
development, and production of crude oil and natural gas in the United
States, primarily in Texas, New Mexico, Louisiana, Oklahoma, and
Colorado.
Isramco's portfolio of properties includes both
operated and non-operated working interests in producing and
non-producing oil and gas properties. The company's primary focus is
on increasing production and reserves through the drilling of new
wells and the development of existing properties.
In addition
to its oil and gas operations, Isramco also owns a 31% interest in a
partnership that owns and operates the Tamar natural gas field
offshore Israel. This field is one of the largest natural gas
discoveries in the world and is a significant source of natural gas
for Israel.
Isramco has a market capitalization of
approximately $280 million and is traded on the NASDAQ stock exchange
under the ticker symbol ISRL. The company has a strong balance sheet
and a history of paying dividends to its shareholders. However, as
with all oil and gas companies, Isramco's financial performance is
heavily influenced by fluctuations in the price of crude oil and
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