Brief: Ithaca Energy Says 2026 Hedge Book Is Built To Deliver Oil Price Certainty
20/05/2026 07:40
May 20 (Reuters) - Ithaca Energy PLC ITH.L: ITHACA ENERGY PLC DELEK GROUP - DLEKG - FIRST QUARTER UPDATE AND RESULTS ITHACA ENERGY PLC - FY GUIDANCE REITERATED WITH DIVIDEND GUIDANCE TRENDING UPWARDS, EXPECTED TO BE ABOVE $500 MILLION ITHACA ENERGY PLC - AVERAGE Q1 PRODUCTION OF 126 KBOE/D ITHACA ENERGY PLC - STRONG OPERATIONAL PERFORMANCE IS TRENDING INTO Q2 ITHACA ENERGY PLC - EXTENSION OF HEDGE BOOK DURING CURRENT HIGH PRICE ENVIRONMENT, WITH ATTRACTIVE HEDGE POSITIONS PROTECTING CASH FLOWS INTO 2028 ITHACA ENERGY PLC - 2026 HEDGE BOOK BUILT TO DELIVER OIL PRICE CERTAINTY WHILE ACCESSING MATERIAL UPSIDE POTENTIAL TO GAS PRICES ITHACA ENERGY PLC - Q1 2026 PROFIT BEFORE TAX OF $263 MILLION Source text: ID:nRST0003Fa Further company coverage: ITH.L ((Reuters.Briefs@thomsonreuters.com;))