Ithaca Energy
Energy, Utilities & Waste · United Kingdom · 501-1,000 Employees
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Overview
Headquarters
Hill of Rubislaw, Aberdeen, Aberdeenshir...Phone Number
+44 1224638582Website
www.ithacaenergy.comRevenue
$2.9 BillionStock Symbol
ITHIndustry
ZI Rank: 10
Signal Type
Dec
Jan
Feb
Mar
Apr
May
ZI Rank
6
10
13
10
4
10
About Ithaca Energy
Ithaca Energy is an oil and gas company focused on responsibly producing energy in the North Sea. Committed to safety, efficiency, and sustainability, the company seeks to maximize the value of its assets while balancing the regions energy needs. Ithaca Energy emphasizes operational excellence and environmental stewardship in all aspects of its exploration and production activities.Explore more
Ithaca Energy Org Chart
MS
Lead Electrical Technician
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Revenue
Number of Employees
Type
Funding
Founded In
$42.9M
201-500
Private
-
1988
SD
Simon DukeGroup CEO, Trans Global Project (Middle East and Asia Pacific)
Company Profile Activity
Activity Insights
Ithaca Energy is experiencing very low activity levels compared to other companies in the Energy, Utilities & Waste sector.
What does this means?
Ithaca Energy is drawing exceptional interest within the Energy, Utilities & Waste industry, suggesting notable developments or strong market momentum, learn more about Ithaca Energy.
Ithaca Energy financials insights
Gather financial insights about Ithaca Energy, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2015
Private Equity
$66M
2024
Debt
$1.2B
Other Financing Round
$750M
Ithaca Energy Tech Stack
A closer look at the technologies used by Ithaca Energy
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Most Recent Scoops
Project
delivered three new producers and one injector as part of the 13th well campaign, with the enhanced oil recovery phase two project doubling production for subsea wells from around 10,000 to about 20,000 barrels per day, allowing the asset to reach the highest production rate in recent years.
Oil & Gas
Hiring Plans
Ithaca Energy has more open roles in Engineering & Technical than it has had at any time in the past 9 months.
Hiring Plans
Earnings
entered 2026 with increased installed production capacity, having achieved a 2025 exit rate of 148,000 barrels per day with peak daily production above 150,000 barrels per day, following successful delivery of new wells at Cygnus, Seagull, and Jay Area.
Capacity Planning, Oil & Gas
Project
recorded zero Tier 1 and Tier 2 process safety events in 2025 and delivered sustained improvement in personal safety performance with a material reduction of over 25% in the total recordable injury rate to 1.7, down from 2.3 in 2024 and 3.3 in 2023.
Safety
Earnings
Oil & Gas
Ithaca Energy News & Media
Ithaca Energy Q1 Earnings Call Highlights
Ithaca Energy (LON:ITH) reported what executives described as a strong first quarter of 2026, with production in line with full-year guidance, robust cash generation and an outlook for shareholder returns trending toward the high end of its target range. Executive Chairman Yaniv Friedman said the cProsafe SE: Safe Caledonia contract signed with Ithaca Energy
15 May 2026 - Reference is made to press release dated 18 December 2025 where Prosafe announced the award of a Letter of Intent from Ithaca Energy (UK) Limited. Prosafe now advises that the contract has been signed, and that the Safe Caledonia will provide accommodation support for Ithaca Energy at the Captain field in the UK sector of the North Sea for a firm period of 6 months commencing Q2 2027 with up to 3 months of options.Ithaca Energy H2 Earnings Call Highlights
Ithaca Energy (LON:ITH) used its full-year 2025 results call to highlight stronger-than-guided operational performance, a $500 million dividend delivered in cash, and an updated capital allocation framework that raises the expected shareholder return range while keeping leverage limits tighter. 202Ithaca Energy plc (ITHLF) Q4 2025 Earnings Call Transcript
Ithaca Energy plc (ITHLF) Q4 2025 Earnings Call March 18, 2026 5:00 AM EDTCompany ParticipantsYaniv Friedman - Executive ChairmanLuciano Vasques - CEO &...
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Frequently Asked Questions Regarding Ithaca Energy
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Ithaca Energy is an oil and gas company focused on responsibly producing energy in the North Sea. Committed to safety, efficiency, and sustainability, the company seeks to maximize the value of its assets while balancing the regions energy needs. Ithaca Energy emphasizes operational excellence and environmental stewardship in all aspects of its exp... Read More
