|Bid||223.00 x 200100|
|Ask||225.00 x 50000|
|Day's Range||219.00 - 225.00|
|52 Week Range||202.50 - 305.00|
|Beta (5Y Monthly)||-0.19|
|PE Ratio (TTM)||35.31|
|Earnings Date||Feb 25, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||360.00|
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Located in the Gulf of Mexico, 300 km south of Louisiana, the field's current production rate is 71,000 barrels per day of oil equivalent, with 90 percent of the output being oil. The Caesar Tonga field has 30 more years of life and assuming no change in the rate of production, Delek's interest reflects 78 million barrels of oil equivalent reserves, Delek, Israel's government-owned gas retailer, said. As part of the deal, Delek will sign a long-term agreement with a Shell affiliate to purchase oil produced from the field for 30 years at either market prices or prices matched to third-party offers.