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Ithaca Energy LSE:ITH Stock Report

Last Price

UK£1.04

Market Cap

UK£1.7b

7D

-3.9%

1Y

-28.7%

Updated

20 Dec, 2024

Data

Company Financials +

My Notes

Capture your thoughts, links and company narrative

Ithaca Energy plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ithaca Energy
Historical stock prices
Current Share PriceUK£1.04
52 Week HighUK£1.54
52 Week LowUK£0.94
Beta0.54
1 Month Change4.21%
3 Month Change-2.07%
1 Year Change-28.67%
3 Year Changen/a
5 Year Changen/a
Change since IPO-54.78%

Recent News & Updates

Recent updates

Results: Ithaca Energy plc Beat Earnings Expectations And Analysts Now Have New Forecasts

Aug 25
Results: Ithaca Energy plc Beat Earnings Expectations And Analysts Now Have New Forecasts

Downgrade: Here's How Analysts See Ithaca Energy plc (LON:ITH) Performing In The Near Term

Aug 23
Downgrade: Here's How Analysts See Ithaca Energy plc (LON:ITH) Performing In The Near Term

Is Ithaca Energy (LON:ITH) Using Too Much Debt?

Jul 15
Is Ithaca Energy (LON:ITH) Using Too Much Debt?

Ithaca Energy plc Just Missed Earnings - But Analysts Have Updated Their Models

May 31
Ithaca Energy plc Just Missed Earnings - But Analysts Have Updated Their Models

Ithaca Energy plc (LON:ITH) Investors Are Less Pessimistic Than Expected

May 30
Ithaca Energy plc (LON:ITH) Investors Are Less Pessimistic Than Expected

Some Investors May Be Willing To Look Past Ithaca Energy's (LON:ITH) Soft Earnings

Apr 04
Some Investors May Be Willing To Look Past Ithaca Energy's (LON:ITH) Soft Earnings

The Ithaca Energy plc (LON:ITH) Analysts Have Been Trimming Their Sales Forecasts

Mar 29
The Ithaca Energy plc (LON:ITH) Analysts Have Been Trimming Their Sales Forecasts

Ithaca Energy (LON:ITH) Takes On Some Risk With Its Use Of Debt

Mar 18
Ithaca Energy (LON:ITH) Takes On Some Risk With Its Use Of Debt

Is Ithaca Energy plc (LON:ITH) Trading At A 25% Discount?

Feb 20
Is Ithaca Energy plc (LON:ITH) Trading At A 25% Discount?

Shareholders Would Enjoy A Repeat Of Ithaca Energy's (LON:ITH) Recent Growth In Returns

Jan 30
Shareholders Would Enjoy A Repeat Of Ithaca Energy's (LON:ITH) Recent Growth In Returns

There's Reason For Concern Over Ithaca Energy plc's (LON:ITH) Price

Jan 05
There's Reason For Concern Over Ithaca Energy plc's (LON:ITH) Price

Is There An Opportunity With Ithaca Energy plc's (LON:ITH) 49% Undervaluation?

Oct 31
Is There An Opportunity With Ithaca Energy plc's (LON:ITH) 49% Undervaluation?

Getting In Cheap On Ithaca Energy plc (LON:ITH) Might Be Difficult

Sep 20
Getting In Cheap On Ithaca Energy plc (LON:ITH) Might Be Difficult

Is There An Opportunity With Ithaca Energy plc's (LON:ITH) 42% Undervaluation?

Jun 08
Is There An Opportunity With Ithaca Energy plc's (LON:ITH) 42% Undervaluation?

Ithaca Energy's (LON:ITH) Earnings Are Weaker Than They Seem

May 01
Ithaca Energy's (LON:ITH) Earnings Are Weaker Than They Seem

Ithaca Energy plc Just Missed EPS By 36%: Here's What Analysts Think Will Happen Next

Apr 02
Ithaca Energy plc Just Missed EPS By 36%: Here's What Analysts Think Will Happen Next

Is There An Opportunity With Ithaca Energy plc's (LON:ITH) 34% Undervaluation?

Feb 11
Is There An Opportunity With Ithaca Energy plc's (LON:ITH) 34% Undervaluation?

Shareholder Returns

ITHGB Oil and GasGB Market
7D-3.9%-4.1%-2.6%
1Y-28.7%-10.2%2.7%

Return vs Industry: ITH underperformed the UK Oil and Gas industry which returned -10.2% over the past year.

Return vs Market: ITH underperformed the UK Market which returned 2.7% over the past year.

Price Volatility

Is ITH's price volatile compared to industry and market?
ITH volatility
ITH Average Weekly Movement7.0%
Oil and Gas Industry Average Movement8.5%
Market Average Movement4.8%
10% most volatile stocks in GB Market10.5%
10% least volatile stocks in GB Market2.6%

Stable Share Price: ITH has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: ITH's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004631Luciano Vasqueswww.ithacaenergy.com

Ithaca Energy plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas in the North Sea. It owns a portfolio of assets located in Northern and Central North Sea, Moray Firth, and West of Shetland area of the UKCS. The company was formerly known as Delek North Sea Limited and changed its name to Ithaca Energy plc in October 2022.

Ithaca Energy plc Fundamentals Summary

How do Ithaca Energy's earnings and revenue compare to its market cap?
ITH fundamental statistics
Market capUK£1.71b
Earnings (TTM)UK£88.93m
Revenue (TTM)UK£1.37b

19.2x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ITH income statement (TTM)
RevenueUS$1.73b
Cost of RevenueUS$1.17b
Gross ProfitUS$559.37m
Other ExpensesUS$447.45m
EarningsUS$111.92m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.068
Gross Margin32.39%
Net Profit Margin6.48%
Debt/Equity Ratio41.9%

How did ITH perform over the long term?

See historical performance and comparison

Dividends

30.3%

Current Dividend Yield

210%

Payout Ratio

Does ITH pay a reliable dividends?

See ITH dividend history and benchmarks
When do you need to buy ITH by to receive an upcoming dividend?
Ithaca Energy dividend dates
Ex Dividend DateNov 28 2024
Dividend Pay DateDec 20 2024
Days until Ex dividend23 days
Days until Dividend pay date1 day

Does ITH pay a reliable dividends?

See ITH dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 01:57
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ithaca Energy plc is covered by 30 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James HosieBarclays
Lydia RainforthBarclays
Philip BassilBeacon Securities Limited