Oil and gas: sector news on Thursday 22 October 2026
Average tone +8.9 (strongly positive) across 3 companies with relevant coverage, from 22 stories.
How to read a score. Each score rates how good or bad the news was for the company, from −10 (clearly bad) to +10 (clearly good). 0 is neutral, and anything beyond ±6 is strong and rare. It rates the coverage, not the share price.
Company by company
| Company | Tone | Stories | What the coverage was about |
|---|---|---|---|
| BP | +6.0 | 11 | Coverage leaned positive, with several analyst Buy ratings, price target increases from Berenberg and TD Cowen, and a share price gain on Xetra. |
| Shell | +8.3 | 9 | Coverage was mainly about the UK approving the Jackdaw gas field, which Shell welcomed, alongside a raised gas outlook and shares close to their 52-week high. |
| Ithaca Energy | +10.0 | 2 | Coverage focused on UK approval of the Jackdaw gasfield, with headlines saying Ithaca Energy's shares surged as a result. |
Strongest stories in the sector
- +10.0 Ithaca shares surge after Jackdaw approval, a named party.
- +10.0 Approval of Jackdaw boosts Ithaca shares, named in headline.
- +9.7 UK approval of Shell's Jackdaw gas field development.
- +9.2 Shell welcomes renewed Jackdaw approval; caveat on bills is minor.
- +9.2 Jackdaw cleared, positive for Shell's North Sea gas plans.
- +8.7 Shell lifts gas outlook; shares near 52-week high.
- +8.3 Berenberg raises price target and keeps Buy rating.
- +8.3 TD Cowen raises BP price target to $49.
- +8.3 Mizuho raises Shell price target to USD 103.
- +8.3 Jackdaw approval lets Shell proceed with its gas project.
- +7.2 Berenberg keeps Buy rating.
- +7.0 UBS Buy rating supportive.
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