Ithaca Energy /£ITH

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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

Primary listing

LSE

Industry

Oil, Gas & Consumable Fuels

Employees

657

ISIN

GB00BPJHV584

Ithaca Energy Metrics

BasicAdvanced
£2.7B
-
-£0.08
0.43
£0.26
16.17%

What the Analysts think about Ithaca Energy

Analyst ratings (Buy, Hold, Sell) for Ithaca Energy stock.

Bulls say / Bears say

Ithaca Energy's acquisition of Eni's UK oil and gas assets is expected to increase its production to 150,000 barrels of oil equivalent per day by the early 2030s, enhancing its position in the North Sea. (ft.com)
The company declared a $100 million interim dividend and aims for total distributions up to $500 million per year, reflecting strong cash flow and commitment to shareholder returns. (reuters.com)
Goldman Sachs assigned Ithaca Energy a 'Buy' rating with a price target of GBP1.40, noting the stock's underperformance relative to peers and its substantial dividend yield. (investing.com)
Ithaca Energy's net income declined by 34% in the first half of the year due to reduced production and lower natural gas prices, raising concerns about profitability. (reuters.com)
The UK government's Energy Profits Levy has led to the deferral or cancellation of investments across Ithaca's assets, potentially impacting future production and growth. (ithacaenergy.com)
Despite operational successes, Ithaca reported a net loss of $258.7 million in Q1 2025, indicating financial challenges that could affect investor confidence. (martini.ai)
Data summarised monthly by Lightyear AI. Last updated on 9 Jul 2025.

Ithaca Energy Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Ithaca Energy Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
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 CBOE Europe and Deutsche Börse.

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