Ithaca credit ratings upgraded after Eni UK combination
10th Oct 2024 13:06
(Sharecast News) - Ithaca Energy announced on Thursday that, following the completion of its business combination with Eni's UK upstream oil and gas assets on 3 October, its credit ratings had been upgraded by multiple agencies.
Read moreLondon close: Stocks finish lower on China stimulus disappointment
8th Oct 2024 16:06
(Sharecast News) - London markets ended Tuesday on a weaker note, weighed down by investor disappointment over the absence of new stimulus measures from China.
Read moreLondon close: Markets give up gains to finish lower
25th Sep 2024 15:16
(Sharecast News) - London stocks ended Wednesday's session in negative territory as the impact of recent Chinese stimulus measures waned.
Read moreLondon close: Stocks slip as investors digest US jobless claims
5th Sep 2024 18:02
(Sharecast News) - London's stock markets closed in negative territory on Thursday, as investors digested a slightly lower-than-expected jobless claims number out of the United States.
Read moreLondon close: Stocks higher as investors digest Powell speech
23rd Aug 2024 14:33
(Sharecast News) - London markets closed in positive territory on Friday, as investors digested remarks from US Federal Reserve chairman Jerome Powell at the annual Jackson Hole economic symposium.
Read moreFTSE 250 movers: Direct Line in the red, Ithaca Energy rebounds
23rd Aug 2024 12:13
(Sharecast News) - The FTSE 250 remained just above the waterline in Friday afternoon trading as investors awaited Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium.
Read moreLondon close: Stocks mixed as investors look to Jackson Hole
22nd Aug 2024 15:31
(Sharecast News) - London's stock markets closed on a mixed note Thursday, as traders remained cautious ahead of a speech from Federal Reserve chair Jerome Powell.
Read moreIthica Energy earnings slide amid production decrease
22nd Aug 2024 09:02
(Sharecast News) - Exploration and production company Ithaca Energy said in its half-year results on Thursday that amid a decrease in production, it achieved adjusted EBITDAX of $533m, down from $979.7m in the first half of last year.
Read moreIthaca appoints ENI's Luciano Vasques as CEO
28th May 2024 07:12
(Sharecast News) - North Sea oil and gas explorer Ithaca Energy on Tuesday said it had appointed ENI executive Luciano Vasques as chief executive officer following its £750m deal to buy almost all of the Italian firm's UK assets and reported a fall in first-quarter profits on weaker gas prices and lower production.
Read moreIthaca Energy in line for potential credit rating upgrades
8th May 2024 12:02
(Sharecast News) - UK North Sea oil and gas operator Ithaca Energy said in an update on Wednesday that both Moody's Ratings and Fitch Ratings were considering an upgrade to its corporate family rating.
Read moreLondon close: Stocks turn red on return from Easter break
2nd Apr 2024 15:22
(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.
Read moreLondon close: Stocks finish firmer ahead of Easter break
28th Mar 2024 16:08
(Sharecast News) - London's equity markets closed higher on Thursday ahead of the Easter break, despite lingering concerns over the UK's recessionary status in the latter part of last year.
Read moreIthaca profits slump on UK tax levy; Sees lower output in 2024
27th Mar 2024 07:29
(Sharecast News) - North Sea oil and gas producer Ithaca Energy on Wednesday said it was looking at a potential tie-up with Italy's largest energy firm Eni covering its UK assets and reported a slump in annual profits blaming the British government's energy tax and project impairments.
Read moreLondon close: Stocks manage gains despite UK recession news
15th Feb 2024 14:55
(Sharecast News) - London markets had a mixed but ultimately positive day of trading on Thursday, despite news that the UK fell into a technical recession at the end of 2023.
Read moreIthaca Energy sees FY results, production in line with guidance
15th Feb 2024 07:49
(Sharecast News) - Independent North Sea oil and gas explorer Ithaca Energy said full year earnings would be in line with guidance.
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