Ithaca reiterates guidance after strong first quarter
20th May 2026 09:20
(Sharecast News) - Ithaca Energy said on Wednesday that first-quarter production remained strong despite adverse weather, as it reiterated full-year guidance and said its 2026 dividend was expected to be above $500m.
Read moreIthaca Energy posts strong FY operational performance
5th Feb 2026 07:58
(Sharecast News) - Independent production and growth company Ithaca Energy posted a strong operational performance for 2025 on Thursday, with average production hitting 119,000 barrels of oil per day, in-line with previously upgraded guidance.
Read moreIthaca on track to hit targets as YTD profits surge
19th Nov 2025 08:19
(Sharecast News) - UK oil group Ithaca Energy has reiterated its guidance for the full year after a solid third quarter, as it announced a farm-in agreement with Shell to the Tobermory gas discovery offshore Shetland Islands.
Read moreLondon close: Energy, financial plays help lift markets
23rd Oct 2025 16:26
(Sharecast News) - London stocks advanced on Thursday, lifted by gains in energy and commodity shares after the United States imposed fresh sanctions on Russian oil majors, while investors weighed global trade tensions ahead of high-level talks between Washington and Beijing.
Read moreLondon close: Stocks maintain gains after weak US payrolls
4th Sep 2025 17:46
(Sharecast News) - London stocks ended higher on Thursday as investors weighed weaker US labour market data against sector-specific losses in airlines.
Read moreLondon close: Stocks lower amid surge in gilt yields
2nd Sep 2025 17:31
(Sharecast News) - London stocks closed lower on Tuesday as rising borrowing costs and a sharp fall in sterling weighed on sentiment.
Read moreIthaca Energy slides as Delek, Eni sell 49.6m shares in placing
2nd Sep 2025 08:50
(Sharecast News) - Ithaca Energy tumbled on Tuesday after major shareholders Delek and Eni sold just over 49.6m shares in the company in a placing.
Read moreLondon close: Stocks mixed on US jobless claims, UK data
21st Aug 2025 17:48
(Sharecast News) - London stocks ended mixed on Thursday as traders digested a surprise increase in US initial jobless claims, a series of domestic data releases, and looked ahead to the Federal Reserve's Jackson Hole symposium.
Read moreLondon close: Stocks higher as consumer prices rise
20th Aug 2025 17:38
(Sharecast News) - London equities advanced on Wednesday as stronger-than-expected UK inflation data curbed expectations of further interest rate cuts this year.
Read moreIthaca Energy upgrades production guidance after strong H1
20th Aug 2025 07:08
(Sharecast News) - Shares in Ithaca Energy jumped on Wednesday as the North Sea oil and gas explorer upgraded full-year production guidance as profits and output doubled in the first six months of the year.
Read moreIthaca ups production guidance after Cygnus buy
21st May 2025 09:01
(Sharecast News) - North Sea oil and gas explorer Ithaca Energy raised its full-year production forecasts on Wednesday after lifting its stake in the Cygnus gas field from Centrica.
Read moreLondon close: Stocks rise on rate cuts, Ukraine optimism
20th May 2025 16:37
(Sharecast News) - London stocks ended higher on Tuesday, as investor sentiment recovered from jitters over Moody's US credit rating downgrade, alongside increasing hopes of a ceasefire in Ukraine and renewed policy support from China.
Read moreCentrica sells Cygnus field stake to Ithaca Energy for £116m
20th May 2025 07:51
(Sharecast News) - North Sea operator Ithaca Energy on Tuesday said it had bought an additional 46.25% stake in the Cygnus gas field from Centrica's Spirit Energy in a £116m deal.
Read moreLondon close: Stocks mixed on UK data, Brexit 'reset' with EU
19th May 2025 17:10
(Sharecast News) - London stocks ended Monday on a mixed note, as investors weighed economic indicators from the UK and Europe, as well as news that Westminster and Brussels have agreed a 'Brexit reset' deal.
Read moreLondon close: Stocks fall as China retaliates to latest US tariffs
9th Apr 2025 15:07
(Sharecast News) - London stocks fell sharply on Wednesday, with investors reacting to heightened geopolitical tensions after China unveiled retaliatory tariffs in response to a sweeping 104% import charge on Chinese goods announced by US president Donald Trump overnight.
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