Ithaca Energy /£ITH
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Ithaca Energy
Ithaca Energy PLC, listed as ITH on the London Stock Exchange, is an exploration and production company specializing in the development and acquisition of oil and gas assets in the North Sea. The company operates a diversified portfolio focused on delivering lower-cost, long-life production. Founded in 2004, Ithaca Energy has grown through strategic acquisitions and efficient asset management, contributing to its status as a significant player in the UK's energy sector.
- Ticker
- £ITH
- Sector
- Energy
- Primary listing
- LSE
- Employees
- 658
- Headquarters
- London, United Kingdom
- Website
- www.ithacaenergy.com
Ithaca Energy Metrics
BasicAdvanced
£4.2B
21.97
£0.12
0.32
£0.27
10.35%
Price and volume
Market cap
£4.2B
Beta
0.32
52-week high
£3.16
52-week low
£1.50
Average daily volume
1.8M
Dividend rate
£0.27
Financial strength
Current ratio
0.76
Quick ratio
0.617
Long term debt to equity
0.688
Total debt to equity
0.725
Dividend payout ratio (TTM)
191.32%
Interest coverage (TTM)
6.05%
Profitability
EBITDA (TTM)
1,427.804
Gross margin (TTM)
37.77%
Net profit margin (TTM)
8.17%
Operating margin (TTM)
31.62%
Effective tax rate (TTM)
68.27%
Revenue per employee (TTM)
£3,603,570
Management effectiveness
Return on assets (TTM)
7.36%
Return on equity (TTM)
10.17%
Valuation
Price to earnings (TTM)
21.973
Price to revenue (TTM)
1.786
Price to book
1.74
Price to tangible book (TTM)
3.93
Price to free cash flow (TTM)
7.117
Free cash flow yield (TTM)
14.05%
Free cash flow per share (TTM)
0.361
Dividend yield (TTM)
10.35%
Growth
Revenue change (TTM)
22.81%
Earnings per share change (TTM)
-235.18%
3-year revenue growth (CAGR)
8.28%
10-year revenue growth (CAGR)
37.16%
3-year earnings per share growth (CAGR)
-24.52%
10-year earnings per share growth (CAGR)
-7.24%
3-year dividend per share growth (CAGR)
10.40%
What the Analysts think about Ithaca Energy
Analyst ratings (Buy, Hold, Sell) for Ithaca Energy stock.
Analyst projections of the future price of Ithaca Energy stock.
Bulls say / Bears say
First-half production averaged 128,000 boe/d, with a record 131,000 boe/d in the second quarter; Ithaca reaffirmed full-year guidance and raised its 2026 dividend outlook to $500–530 million. It also lowered operating-cost guidance, supporting the case that strong operations can sustain cash returns. (Ithaca Energy)
The proposed Canadian acquisition would add 103 million boe of reserves and about 30,000 boe/d of average production from 2027 to 2031, diversifying Ithaca beyond the UK North Sea. The company expects the deal to add cash flow and dividends from completion. (Ithaca Energy)
Rosebank’s FPSO is on station, and first production is targeted for the first half of 2027, with ramp-up expected from summer. Ithaca is also advancing more than 200 million boe of resources towards investment decisions, giving it further potential growth options. (Ithaca Energy)
Rosebank still needs renewed government approval after its original consent was overturned, and Ithaca’s chair said the company would likely halt further UK investment if the project is rejected. That leaves a key growth project and the wider UK development pipeline exposed to political decisions. (Reuters)
Cash generation remains exposed to commodity prices and UK taxation: first-half realised prices fell to $69/boe after hedging, while 2026 cash tax is forecast at $290–340 million. The Energy Profits Levy is also due to remain in place until March 2030, limiting the cash available for investment and dividends. (London Stock Exchange)
The Canadian deal requires $860 million upfront, with up to $250 million more linked to oil prices, and is to be funded partly through cash and borrowing. Completion is targeted for the first half of 2027 and depends on approvals, so the capital commitment and delivery remain risks despite the expected returns. (Ithaca Energy)
Data summarised monthly by Lightyear AI. Last updated on 4 Nov 2026.
Ithaca Energy Financial Performance
Revenues and expenses
Ithaca Energy Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Ithaca Energy
AllUSDGBPEUR
Fund name | Fund size | £ITH weighting |
|---|---|---|
Global X SuperDividend$SDIV | $978M | 1.58% |
Global X SuperDividend£SDIP | $978M | 1.58% |
Vanguard FTSE 100£VUKE | £4.7B | 0.02% |
Vanguard FTSE 100£VUKG | £1.9B | 0.02% |
iShares Core FTSE 100£ISF | £17B | 0.02% |
Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by London Stock Exchange, through Infront.