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Ithaca Energy LSE:ITH Stock Report

Last Price

UK£1.34

Market Cap

UK£1.3b

7D

17.8%

1Y

-10.7%

Updated

03 Jun, 2024

Data

Company Financials +

Ithaca Energy plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ithaca Energy
Historical stock prices
Current Share PriceUK£1.34
52 Week HighUK£1.87
52 Week LowUK£1.12
Beta0
1 Month Change15.52%
3 Month Change-3.32%
1 Year Change-10.67%
3 Year Changen/a
5 Year Changen/a
Change since IPO-41.74%

Recent News & Updates

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

Recent updates

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
7D17.8%1.6%-0.6%
1Y-10.7%15.3%6.4%

Return vs Industry: ITH underperformed the UK Oil and Gas industry which returned 15.3% over the past year.

Return vs Market: ITH underperformed the UK Market which returned 6.4% over the past year.

Price Volatility

Is ITH's price volatile compared to industry and market?
ITH volatility
ITH Average Weekly Movement5.9%
Oil and Gas Industry Average Movement7.9%
Market Average Movement4.9%
10% most volatile stocks in GB Market11.2%
10% least volatile stocks in GB Market2.7%

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

Volatility Over Time: ITH's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004631Iain Lewiswww.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£1.35b
Earnings (TTM)UK£78.41m
Revenue (TTM)UK£1.69b

17.2x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ITH income statement (TTM)
RevenueUS$2.16b
Cost of RevenueUS$1.29b
Gross ProfitUS$862.57m
Other ExpensesUS$762.64m
EarningsUS$99.93m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.099
Gross Margin40.01%
Net Profit Margin4.64%
Debt/Equity Ratio29.6%

How did ITH perform over the long term?

See historical performance and comparison

Dividends

23.2%

Current Dividend Yield

267%

Payout Ratio
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