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Ithaca Energy (ITH) investor relations material
Ithaca Energy Q4 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved strong operational results in 2025, delivering on an upgraded outlook and entering 2026 with increased production capacity and a robust hedge position.
Fully integrated several accretive acquisitions, increasing financial firepower and supporting future investments and distributions.
Reaffirmed 2025 dividend target of $500 million, with $200 million expected to be declared on FY results.
Financial highlights
2025 adjusted preliminary EBITDAX reached $2.0 billion, up from $1.4 billion in 2024, reflecting enhanced cash generation.
Net operating costs for 2025 estimated at $817 million, with a net unit opex cost of $19/boe, down from $22/boe in 2024.
Low leverage position of 0.56x and available liquidity of $1.5 billion, including a fully undrawn $1.3 billion Reserve Based Lending facility.
Group cash tax paid in 2025 was $263 million, below management guidance.
Total cash distributions declared in 2025 amounted to $500 million, including a $133 million accelerated second interim dividend.
Outlook and guidance
Entering 2026 with increased installed production capacity and a strong hedge book to protect cash flows in a potentially weaker commodity price environment.
Plans to release full year results and 2026 guidance in late March 2026, including a Competent Persons Report.
- TimeTickerHeadlineOpen
- 6 Feb004020
Operating profit rose on cost savings and high-value sales, with major US expansion underway. - 6 FebJOUT
Net sales up 31%, gross margin at 36.6%, and net loss narrowed to $3.3 million. - 6 FebPECO
Record 2025 occupancy and 7% Core FFO growth; 2026 targets 5.5% FFO growth and strong acquisitions. - 6 FebPROV
Q2 FY2026 net income rose 65% year-over-year, with higher margins and strong credit quality. - 6 FebNVDA
AI-driven digital twins and accelerated computing are set to revolutionize industrial design and manufacturing. - 6 FebCDP
2025 FFO/share rose 5.8% to $2.72, with strong leasing and investment; 2026 guidance signals more growth. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and major new contracts in space technology. - 6 FebCRI
Net loss widened to 7.5m PLN in H1 2024 as revenue fell and R&D costs remained high. - 6 FebCRI
Net loss deepened on lower sales and higher costs, but major new contracts and restructuring are underway. - 6 FebEMBASSY
Record revenue, NOI, and distributions highlight strong growth and robust segment performance.
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