FTSE 100 news / Companies and sectors / Ithaca Energy / 7 October 2026
Ithaca Energy (ITH): news on Wednesday 7 October 2026
+7.7 strongly positive
Coverage centred on Ithaca's $860M deal to buy Suncor's offshore Canada stakes, which takes it into a new region. Sentiment leans positive, with the shares leading the FTSE 100, a Jefferies Buy rating and a welcome from Newfoundland's energy minister, though some gains were later given back.
What drove it
- Suncor Canada acquisition
- share price rise
- Jefferies Buy rating
The 9 stories
- +9.2 Ithaca Energy (LON:ITH) Given "Buy" Rating at Jefferies Financial Group
Jefferies Buy rating supports the shares - +8.7 Why Is Ithaca Energy (LSE:ITH) Leading The FTSE 100 After Its Suncor Asset Deal?
Ithaca leading FTSE 100 after the Suncor deal - +8.0 Ithaca Energy Expands Into Canada With $860M Suncor Offshore Assets Deal
Deal expands Ithaca into Canada, a new region - +7.5 Ithaca Energy to acquire Terra Nova, White Rose stakes offshore Canada from Suncor
Ithaca announces acquisition of offshore Canada stakes from Suncor - +7.0 Ithaca Energy buys Suncor's offshore Canada assets for $860M
Reports $860M purchase of Suncor's offshore Canada assets - +6.7 Sale of Suncor’s Stake in Oil Projects to Ithaca ‘Good News’ for NL: Energy Minister
Newfoundland energy minister welcomes the sale to Ithaca - +6.7 Ithaca Energy Buys Suncor’s Canadian Oil Assets for $860 Million
Reports the $860M Canadian asset purchase - +6.3 Yitzhak Tshuva’s Ithaca Energy invests $860 million in Canadian oil drilling
Covers Ithaca's $860M investment in Canadian oil - +3.0 FTSE 100 movers: Informa surges; Ithaca gives back some gains
Shares gained on deal but gave back some gains
Ithaca Energy: every day · Oil and gas on 7 October 2026 · FTSE 100 overview for the day