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

Employees

657

Ithaca Energy Metrics

BasicAdvanced
£3.1B
-
-£0.09
0.44
£0.26
14.29%

What the Analysts think about Ithaca Energy

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

Bulls say / Bears say

Ithaca Energy’s production in 2024 was up 14.2% to 80,200 boepd after acquiring Eni’s UK assets, beating market expectations. (Reuters)
The company projects 2025 production will rise to 105,000–115,000 boepd, a marked increase from 2024 and supporting its growth outlook. (Reuters)
An interim dividend of $200 million will be paid in April, targeting $500 million in total for 2025, reflecting strong cash generation and commitment to shareholder returns. (Reuters)
Post-tax profits fell to $153.2 million in 2024 as a result of a higher UK government tax rate, indicating pressure on margins. (Reuters)
Expected cash tax payments of $235 million–$265 million in 2025 under the UK energy profits levy could limit free cash flow available for growth or paying down debt. (Reuters)
Funding the $975.8 million Eni acquisition mostly via an all-stock deal increases share dilution and leverage, which may put further strain on the balance sheet. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 30 Aug 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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Ithaca Energy
DividendPayment
£0.101Per share
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