Delek Group Ltd - Company Profile
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Delek Group Ltd (Delek) is an independent exploration and production company that carries out exploration and production of oil and gas in Israel and other countries. It also has investments in properties such as Beit Delek, and assets in Akko, Israel. The company, through its subsidiaries, holds rights in oil assets in the Mediterranean Sea, invests in international markets, sells fuel and lubricant products, and operates gas stations with on-site convenience stores. It also provides the provision of fuel storage and distribution services. Delek is headquartered in Herzliya, Tel Aviv, Israel.
Delek Group Ltd premium industry data and analytics
Products and Services
Products | Services |
---|---|
Distillates (White Products) | Refueling Ship Services |
Diesel Fuel | Fuel Supply Services |
Liquefied Petroleum Gas (LPG) | Postal Services |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In July, the company signed an agreement to acquire 44.48% stake in Discount Investment Corp. |
2021 | Others | In March, the company signed a binding agreement for the sale of land in acre for ILS200 million. |
2021 | Stake Sale | In February, the company sold shares of Delek, the Israel Fuel Corp ltd. |
Competitor Comparison
Key Parameters | Delek Group Ltd | Oil Refineries Ltd | Isramco Negev 2 LP | Alon Israel Oil Co Ltd | Eilat-Ashkelon Pipeline Co Ltd |
---|---|---|---|---|---|
Headquarters | Israel | Israel | Israel | Israel | Israel |
City | Herzliya | Haifa | Petah Tikva | Yakum | Ashkelon |
State/Province | - | - | - | Sharon (Netanya) | Tel Aviv |
No. of Employees | 469 | 1,392 | - | - | - |
Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Ehud Erez | Chairman | Executive Board | - | 68 |
Idan Wallace | Chief Executive Officer | Senior Management | 2020 | 46 |
Tamir Moshe Polikar | Chief Financial Officer; Executive Vice President | Senior Management | 2020 | 58 |
Leora Pratt Levin | Chief Legal Counsel; Secretary; Executive Vice President | Senior Management | 2007 | 61 |
Yitzhak Tshuva | Director | Non Executive Board | 2014 | 75 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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