Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from Ithaca Energy PLC ( (GB:ITH) ).
Ithaca Energy announced its first interim dividend for 2025, amounting to $167 million or $0.1010 per share, to be paid in sterling on 26 September 2025. This move reflects the company’s robust financial position and commitment to delivering attractive returns to shareholders, reinforcing its industry standing as a major player in the UK North Sea oil and gas sector.
The most recent analyst rating on (GB:ITH) stock is a Buy with a £227.00 price target. To see the full list of analyst forecasts on Ithaca Energy PLC stock, see the GB:ITH Stock Forecast page.
Spark’s Take on GB:ITH Stock
According to Spark, TipRanks’ AI Analyst, GB:ITH is a Outperform.
Ithaca Energy PLC’s overall stock score is driven by strong technical indicators and robust cash flow generation, which provide a positive outlook despite profitability challenges. The attractive dividend yield offers some compensation for the negative earnings, but improving profitability remains essential for long-term growth.
To see Spark’s full report on GB:ITH stock, click here.
More about Ithaca Energy PLC
Ithaca Energy is a leading UK independent exploration and production company focused on the UK North Sea. It has a strong track record of value creation through organic investments and acquisitions, including a significant business combination with Eni UK. Ithaca ranks as the second largest independent by production in the UK Continental Shelf, with stakes in major fields and a commitment to energy security and sustainable operations. The company is also focused on achieving net zero emissions ahead of the North Sea Transition Deal targets.
Average Trading Volume: 1,817,425
Technical Sentiment Signal: Buy
Current Market Cap: £3.09B
For an in-depth examination of ITH stock, go to TipRanks’ Overview page.