IAE.L Share News (IAE)

Ithaca Energy To Face Higher Costs On Delay To Greater Stella Start Up

Broker tips: Standard Life, Serco, Oil stocks

Panmure Gordon has reiterated its 'buy' recommendation for Standard Life after the insurer beat forecasts with its 2014 results on Friday, saying it expects the shares to rally. "These results were ahead of expectations and we anticipate that the strong underlying performance that suggests that ther

Westhouse names Faroe, Genel and Ithaca as top picks amid oil volatility

Despite the recent rally in oil prices uncertainties still remain for the sector, according to Westhouse Securities which picked out Faroe Petroleum, Genel Energy and Ithaca Energy as its key recommendations in the face of ongoing volatility. Brent oil, which had fallen to a low of $47.68 a barrel l

Sound Oil Doubles Production From Italian Assets, Broadly Covers Costs

Ithaca Hedges Oil At USD102 Per Barrel Prior To Production Increase

RPT-North Sea oil producer Ithaca cuts 2015 investments by 60 pct

(Repeats to additional subscribers, no change to text) LONDON, Jan 12 (Reuters) - North Sea-focused oil and gas operator Ithaca Energy has cut its 2015 investment budget by 60 percent from last year year because of weak oil prices, it said on Monday. The London and Toronto-listed com

North Sea oil producer Ithaca cuts 2015 investments by 60 pct

LONDON, Jan 12 (Reuters) - North Sea-focused oil and gas operator Ithaca Energy has cut its 2015 investment budget by 60 percent from last year year because of weak oil prices, it said on Monday. The London and Toronto-listed company said its 2015 net capital expenditure would be about $15

Broker tips: Easyjet, Serco, Oil stocks

Broker Liberum has lifted its target price for budget airline Easyjet from 1,650p to 1,725p and repeated its 'buy' recommendation, hailing the company's effort to adapt to an "inflationary world". Analyst Gerald Khoo said while non-fuel unit cost inflation is set to rise, Easyjet's so-called 'lean'

Westhouse highlights attractive oil stocks that can weather crude-price falls

Westhouse Securities has called for investors in the oil and gas sector to be a "bit more patient" with oil prices currently rumbling along at multi-year lows, as it highlighted buying opportunities in the sector. Brent crude has now fallen over 25% to $79 a barrel since hitting a high of $115 a bar

Friday broker round-up:

TSB Banking: Shore Capital reiterates buy with a target price for 325p. Vernalis: Canaccord Genuity ups target to 66p from 56p and reiterates buy. Aggreko: Panmure Gordon and Investec reiterate hold. Gemfields: Numis initiates coverage with a buy recommendation and 70p target price. Ithaca Energy

Ithaca Energy Set To Increase Production Through Three New UK Assets

Thursday broker round-up UPDATE

Amec: UBS cuts target price from 1185p to 1150p, while its buy recommendation remains unchanged. Afren: Liberum Capital cuts target price from 121p to 95p and stays with its hold recommendation. Antofagasta: Canaccord cuts target price from 790p to 760p and reiterates a hold recommendation. Associ

Trap Oil Says Athena Decommissioning Costs To Be More Than Expected

Thursday broker round-up UPDATE

Afren: Investec cuts target price from 195p to 120p and reiterates its hold recommendation. Amerisur Resources: Investec lowers target price from 75p to 65p and maintains a buy recommendation. Antofagasta: UBS upgrades from sell to neutral with a target price of 710p. ARM Holdings: Credit Suisse r

Ithaca Energy sees annual production below hopes

North Sea oil & gas operator Ithaca Energy forecasts annual production below expectations due to problems at one of its fields. Ithaca said it expected full-year 2014 pro-forma production to be about 12,500 barrels of oil equivalent per day (boepd) after deferring about 1,400 boepd of annualised