Ithaca Energy updates USD 1.80 billion facility: Delek Group stock yields 6.72 percent

Published on 10/22/2026 at 09:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 2026 revenue reached ILS 4.40 billion, while net profit was ILS 314.00 million. Delek Group stock yields 6.72 percent.

Facility terms shape the next test

Ithaca Energy agreed the USD 1.80 billion facility amendment on October 12, 2026.
Delek Group reported average combined production of 96,000 boe/d in the second quarter of 2026.
Delek Group's market capitalization was ILS 15.4 billion as of October 22, 2026.

Delek, IL0010841281, Illustration mit AI erstellt.

Delek Group (ISIN IL0010841281) reported Q2 2026 revenue of ILS 4.40 billion and net profit attributable to shareholders of ILS 314.00 million, according to Delek Group. The latest operating development came on October 12, 2026, when Ithaca Energy agreed an amendment to its USD 1.80 billion reserve-based lending facility, as reported by TradingView carrying the RNS release.

Three dates define the story

On July 8, 2026, Delek completed the spin-off of Delek Property Development, with one new share distributed for each Delek share, according to Simply Wall St. On August 23, 2026, the same source reported second-quarter adjusted earnings per share of ILS 1.20 versus ILS 0.14 in the year-earlier quarter, with revenue of ILS 1.04 billion, up 24.00 percent.

On October 12, 2026, Ithaca Energy agreed the USD 1.80 billion facility amendment. The financing package extends final maturity to December 31, 2032 and permits up to USD 1.00 billion of additional commitments, according to TradingView.

What does the facility change add?

The immediate benefit is financial flexibility rather than a reported production increase. Ithaca's facility includes USD 1.30 billion of loan capacity and USD 500.00 million of letters of credit, while the accordion mechanism can add USD 1.00 billion. Delek's investor page reports average combined daily production of 96,000 boe/d from Ithaca and NewMed in Q2 2026, giving the financing update a direct link to the group's energy platform.

When are the next markers?

Investing.com lists November 25, 2026 as Delek Group's next earnings date. The facility amendment names December 31, 2032 as its final maturity date, creating a longer-dated financing marker for the energy portfolio.

Stock and valuation context

Delek Group was last quoted at ILS 8,500.00 on the TASE on October 22, 2026 at 10:09 a.m. IDT. Its market capitalization was ILS 15.4 billion, while the 52-week range was ILS 7,424.00 to ILS 12,177.00 as of the same market-data snapshot.