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North Sea Projects Will Shape The Future Despite Energy Transition

Published
12 Feb 25
Updated
27 Aug 25
AnalystConsensusTarget's Fair Value
UK£1.60
16.0% overvalued intrinsic discount
04 Sep
UK£1.86
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1Y
69.0%
7D
-20.0%

Author's Valuation

UK£1.6

16.0% overvalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on27 Aug 25
Fair value Increased 4.03%

Despite a sharp downgrade in revenue growth expectations, Ithaca Energy’s future P/E has dropped substantially, improving valuation and likely driving the consensus price target up from £1.54 to £1.61. What's in the News Upgraded FY2025 production guidance to 119–125 kboe/d from prior 109–119 kboe/d, reflecting strong core asset performance.

Shared on02 Apr 25
Fair value Increased 33%

Shared on26 Mar 25
Fair value Decreased 22%

AnalystConsensusTarget has increased profit margin from 3.7% to 4.1% and increased shares outstanding growth rate from -0.0% to 0.1%.

Shared on19 Mar 25
Fair value Decreased 3.90%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on13 Mar 25
Fair value Decreased 0.059%

AnalystConsensusTarget has increased revenue growth from 6.6% to 13.3%, decreased profit margin from 4.3% to 3.7%, decreased future PE multiple from 42.1x to 37.8x, increased discount rate from 7.0% to 8.5% and decreased shares outstanding growth rate from 0.1% to -0.0%.