Ithaca Energy (LSE:ITH) - Stock Price, News & Analysis

ITH Stock Overview

Ithaca Energy plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas in the North Sea.

ITH fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	1/6
Past Performance	4/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at 37.5% below our estimate of its fair value

Earnings have grown 52.7% per year over the past 5 years

Risk Analysis

Earnings are forecast to decline by an average of 26.9% per year for the next 3 years

Has a high level of debt

Large one-off items impacting financial results

My Notes

New

Notes are coming soon

Ithaca Energy plc Competitors

Energean

LSE:ENOG

UK£2.1b

Serica Energy

AIM:SQZ

UK£655.1m

Harbour Energy

LSE:HBR

UK£2.5b

Gulf Keystone Petroleum

LSE:GKP

UK£416.7m

Price History & Performance

Summary of all time highs, changes and price drops for Ithaca Energy
Historical stock prices
Current Share Price	UK£1.74
52 Week High	UK£2.55
52 Week Low	UK£1.67
Beta	0
1 Month Change	2.17%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-24.22%

Recent updates

Shareholder Returns

	ITH	GB Oil and Gas	GB Market
7D	-4.3%	0.8%	1.8%
1Y	n/a	-12.3%	-3.7%

Return vs Industry: Insufficient data to determine how ITH performed against the UK Oil and Gas industry.

Return vs Market: Insufficient data to determine how ITH performed against the UK Market.

Price Volatility

Is ITH's price volatile compared to industry and market?
ITH volatility
ITH Average Weekly Movement	6.6%
Oil and Gas Industry Average Movement	7.4%
Market Average Movement	5.1%
10% most volatile stocks in GB Market	11.0%
10% least volatile stocks in GB Market	2.7%

Stable Share Price: ITH is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: Insufficient data to determine ITH's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2004	n/a	Alan Bruce	https://www.ithacaenergy.com

Ithaca Energy plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas in the North Sea. The company own a portfolio of assets located in Northern and Central North Sea and Moray Firth areas. As of December 31, 2021, it had proved and probable reserves, and resources of 5.6 millions of barrels of oil equivalent.

Ithaca Energy plc Fundamentals Summary

How do Ithaca Energy's earnings and revenue compare to its market cap?
ITH fundamental statistics
Market Cap	UK£1.75b
Earnings (TTM)	UK£1.37b
Revenue (TTM)	UK£2.10b

1.3x

P/E Ratio

0.8x

P/S Ratio

Is ITH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ITH income statement (TTM)
Revenue	US$2.52b
Cost of Revenue	US$749.23m
Gross Profit	US$1.77b
Other Expenses	US$127.75m
Earnings	US$1.64b

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	1.63
Gross Margin	70.23%
Net Profit Margin	65.15%
Debt/Equity Ratio	80.8%

How did ITH perform over the long term?

See historical performance and comparison

Ithaca Energy LSE:ITH Stock Report