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IAETue, 31st Mar 2015 08:44
** The London and Toronto-listed Ithaca Energy jumps as much as 14 pct
** North Sea-focused oil and gas operator said it hasincreased its oil hedging protection since the start of the yearin order to mitigate against the impact of further Brent priceweakness
** Ithaca Energy says 4,000 bopd has been hedged at anaverage price of $69/bbl from July 2016 to June 2017
** Ithaca shares last up 13.3 pct (RM: aastha.agnihotri.thomsonreuters.com@reuters.net)
(ShareCast News) - Synthomer: Berenberg downgrades to hold with a target price of 345p. Next: Goldman Sachs downgrades to neutral, 6400p target, Canaccord downgrades to hold with a target price of 6025p, Deutsche Bank reiterates buy with a target of 6850p and Credit Suisse stays at underperform, 560
Read more(ShareCast News) - Analysts at Liberum cut their share price targets for a wide swathe of the London-listed oil sector after taking into account the sharp shift lower in futures prices over the last four months. Worries about demand conditions in China and Europe, together with the threat of growing
Read more(ShareCast News) - Ithaca Energy announced the appointment of a new Chief Commercial Officer on Tuesday, in long-serving staff member Richard Smith. The AIM-listed North Sea oil and gas operator confirmed Dr Smith's appointment was effective from January 1. "Dr Smith has held the position of corpor
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