Yigal Landau: Ratio Energies with revenues of $106 million-31% increase YoY

Ratio Energies reported strong Q3 results, with 3 BCM of natural gas sold from the Leviathan reservoir, generating an operating income of $70 million and a net income of $45 million. From the start of the year up until the report’s release, 10.4 BCM of natural gas were sold from the reservoir. Given the robust cash flow, the company plans to continue distributing dividends based on its 2022 financial results in the coming quarter.

 

By Albotros

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