FTSE 100 news / Companies and sectors / Ithaca Energy / 14 October 2026
Ithaca Energy (ITH): news on Wednesday 14 October 2026
+5.3 positive
Coverage was mainly about Ithaca buying Suncor's offshore interests for CAD 1.55 billion, which reads as growth for the company. There was also a note on amending its USD 1.8 billion facility and commentary on its fair value.
What drove it
- Suncor offshore acquisition
- credit facility amendment
- fair value debate
The 4 stories
- +7.0 Suncor Energy stock gains more than 3% after divesting offshore interests to Ithaca Energy for CAD 1.55 billion
Ithaca is buyer of Suncor offshore interests in CAD 1.55bn deal. - +5.0 Why Is Suncor Energy (TSX:SU) Exiting Offshore Assets to Refocus on the Oil Sands?
Suncor exit of offshore assets, which Ithaca is acquiring. - +3.3 Ithaca agrees to amend USD 1.8 billion facility: what it means for Delek stock - ad-hoc-news.de
Ithaca amending its USD 1.8bn facility; financing flexibility, details unclear. - +1.7 Ithaca Energy (LSE:ITH) M And A Call Puts Fair Value Debate Back In Focus
Commentary on Ithaca's M&A and fair value debate; mildly constructive.
Ithaca Energy: every day · Oil and gas on 14 October 2026 · FTSE 100 overview for the day