Ratio Energies - Limited Partnership (RATI.TA) Stock Analysis & Winston Score

Ratio Energies is an Israeli energy company that finds and produces natural gas from beneath the Mediterranean Sea. Its main asset is a stake in the Leviathan gas field, one of the largest offshore natural gas discoveries in the world, which supplies gas to customers in Israel, Jordan, and Egypt. The company operates in the oil and gas exploration and production industry. Ratio Energies earns money by selling natural gas under long-term contracts, which provides relatively predictable revenue. It operates primarily in the Eastern Mediterranean region and is listed on the Tel Aviv Stock Exchange, reflecting its focus on Israeli and regional energy markets. Its strong margins come partly from those fixed-price supply agreements, but the company faces real risks from geopolitical tensions in the Middle East, fluctuating energy prices, and its heavy dependence on a single major asset — meaning any disruption to Leviathan production could significantly hurt its financial results.