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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
- 7 FebMGL
Strong revenue growth offset by lower margins and profit; interim dividend declared. - 7 FebPGIL
Strong revenue and margin growth, with India set for further expansion and upgraded ratings. - 7 Feb504614
Strong revenue and profit growth in Q3 FY26, led by power and steel segments. - 7 FebCHEMPLASTS
Net losses widened and revenue fell year-over-year amid regulatory and market headwinds. - 7 FebSBIN
Q3 FY26 net profit reached ₹21,028.15 crore, driven by robust income and strategic divestments. - 6 FebHTOO
Resale registration for 71,429 shares via warrant, with proceeds only on exercise; financial risks persist. - 6 FebVSAT
Q3 revenue up 3% to $1.16B, net income $25M, strong cash flow, Ligado boost, satellite focus. - 6 FebWEC
Targets 7–8% EPS growth, $37.5B capex, and coal exit by 2032 amid surging data center demand. - 6 FebBR
Q2 FY26 recurring revenue grew 8% and adjusted EPS guidance was raised to 9-12%. - 6 FebFFWM
Merger vote includes new non-voting stock class with limited conversion and no voting rights.
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