Ithaca Energy Plc - Company Profile
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Ithaca Energy Plc (Ithaca Energy), a subsidiary of Delek Group Ltd, is an oil and gas company with focus on the North Sea. Asset base, high liquidity and growth in revenue are its strengths, even as dependence on major customers could be a cause for concern. Nevertheless, strategic agreements, increase in demand for natural gas and increasing global demand for oil may provide adequate growth opportunities to the company. However, fluctuations in oil and gas prices, geopolitical risk, and exploration, development and production risks could affect its operations.
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