London close: Stocks finish red after US payrolls beat
5th Jan 2024 17:38
(Sharecast News) - London stocks ended the trading day in negative territory on Friday as investors considered the latest UK construction data and a fresh non-farm payrolls report out of the US.
Read moreIthaca Energy CEO Alan Bruce steps down
5th Jan 2024 07:10
(Sharecast News) - Ithaca Energy chief executive Alan Bruce has stepped down with immediate effect "to pursue new opportunities", the North Sea oil and gas producer said on Friday.
Read moreLondon close: Stocks finish choppy session in the red
27th Sep 2023 14:13
(Sharecast News) - London's stock markets presented a downbeat picture at the close of Wednesday's trading session.
Read moreIthaca Energy to buy out Shell stake in Cambo field
12th Sep 2023 07:33
(Sharecast News) - UK oil and gas producer Ithaca Energy on Tuesday said it was buying the remaining 30% stake in the West Shetland Cambo field from Shell UK.
Read moreIthaca H1 profits rise on higher production
23rd Aug 2023 07:03
(Sharecast News) - Ithaca Energy said it expected lower production levels next year in response to the UK government's windfall tax, despite reporting a strong rise in first half profits as higher production and falling costs offset lower oil and gas prices.
Read moreIthaca Energy to buy remaining stake in Fotla discovery
12th Jul 2023 07:05
(Sharecast News) - Ithaca Energy announced the signing of a sale and purchase agreement on Wednesday to acquire the remaining 40% stake in the Fotla discovery, along with three exploration licenses, from Spirit Energy Resources.
Read moreIthaca Energy reports solid first-quarter production growth
31st May 2023 07:10
(Sharecast News) - Ithaca Energy reported a 9% increase in group adjusted EBITDAX in its first quarter on Wednesday, reaching $518.1m.
Read moreIthaca, Shell strike deal on Cambo stake sale
5th May 2023 07:04
(Sharecast News) - Ithaca Energy on Friday said it had struck a deal with Shell to market the latter's 30% stake in the giant Cambo North Sea oil and gas prospect.
Read moreIthaca Energy completes restart of Pierce field to allow gas transport
18th Apr 2023 08:03
(Sharecast News) - Ithaca Energy said it had completed the restart of its Pierce field in the UK Central North Sea, after an upgrade to allow gas to be produced after years of the field producing only oil.
Read moreIthaca Energy cuts output guidance, cites UK windfall tax as profits soar 193%
30th Mar 2023 07:04
(Sharecast News) - North Sea oil and gas producer Ithaca Energy on Thursday lowered annual production and capital expenditure guidance, citing the UK government's windfall tax, operational delays and lower volumes despite almost trebling profits in 2022.
Read moreIthaca Energy earnings jump through third quarter
30th Nov 2022 07:13
(Sharecast News) - North Sea-focussed explorer and producer Ithaca Energy reported adjusted EBITDAX of $1.44bn in the first nine months of the year on Wednesday, up from $531m year-on-year.
Read moreIthaca Energy prices IPO at 250p a share
9th Nov 2022 08:40
(Sharecast News) - North Sea oil and gas producer Ithaca Energy said on Wednesday that its initial public offering was being priced at 250p per share - the bottom end of the expected range.
Read moreIthaca Energy starts production at North Sea oil field
17th Feb 2017 09:26
(ShareCast News) - AIM-listed explorer Ithaca Energy has started production at its Stella oil field in the North Sea. The company said that production has been started from the field along with oil exports to the adjacent shuttle tanker. A ramp-up in production will start when the on-going commissi
Read moreIthaca Energy agrees Delek takeover
6th Feb 2017 09:43
(ShareCast News) - AIM-listed Ithaca Energy has entered into a definitive support agreement with Israel's Delek Group on the terms of a cash takeover bid for all the shares of Ithaca it does not already own. The offer, which has been unanimously recommended by Ithaca's board of directors, values the
Read moreTuesday broker round-up
23rd Aug 2016 09:19
(ShareCast News) - Ithaca Energy: Barclays reiterates underweight with a target price of 70p. Mediclinic: JP Morgan maintains neutral with a 1160p target. Premier Oil: Barclays reiterates overweight with a 100p target. South 32: Jefferies reiterates hold with a 110p target. Mondi: Citigroup keeps
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