Ithaca Energy Reports Record Q1 2025 Performance Amid Strategic Acquisitions

An update from Ithaca Energy PLC ( (GB:ITH) ) is now available.

Ithaca Energy PLC reported record quarterly production and adjusted EBITDAX for Q1 2025, driven by its enlarged portfolio and strategic acquisitions, including increased stakes in the Seagull and Cygnus fields. The company’s strong financial performance, with significant liquidity and a low leverage position, supports its growth strategy and shareholder returns, positioning it as a leading gas producer in the UKCS.

The most recent analyst rating on (GB:ITH) stock is a Hold with a £150.00 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 score reflects its solid financial performance, though challenged by declining revenues and cash flow. The strong valuation metrics and positive corporate events provide a supportive backdrop, suggesting potential for future growth amidst current operational challenges.

To see Spark’s full report on GB:ITH stock, click here.

More about Ithaca Energy PLC

Ithaca Energy PLC operates in the oil and gas industry, focusing on exploration and production activities primarily in the UK Continental Shelf (UKCS). The company is known for its strategic acquisitions and efficient operations, enhancing its portfolio with high-quality assets and a focus on shareholder returns.

Average Trading Volume: 1,366,522

Technical Sentiment Signal: Buy

Current Market Cap: £2.21B

For detailed information about ITH stock, go to TipRanks’ Stock Analysis page.