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Ithaca Energy PLC (GB:ITH)
LSE:ITH

Ithaca Energy PLC (ITH) AI Stock Analysis

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GB:ITH

Ithaca Energy PLC

(LSE:ITH)

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Neutral 54 (OpenAI - 5.2)
Rating:54Neutral
Price Target:
163.00p
▲(3.16% Upside)
Ithaca Energy PLC's overall stock score is primarily impacted by its financial performance and technical analysis. The company shows operational efficiency but struggles with profitability, affecting its financial performance score. Technical indicators suggest bearish momentum, contributing to a lower score. The high dividend yield provides some valuation appeal, but negative earnings remain a concern.
Positive Factors
Operational Efficiency
Ithaca Energy's robust EBIT and EBITDA margins indicate strong operational efficiency, allowing the company to maintain profitability despite market fluctuations.
Revenue Growth
Positive revenue growth suggests Ithaca Energy is recovering from previous declines, indicating a potential for future market expansion and increased profitability.
Stable Balance Sheet
A stable balance sheet with manageable leverage provides financial flexibility, enabling Ithaca Energy to invest in growth opportunities and weather economic downturns.
Negative Factors
Profitability Challenges
The negative net profit margin highlights ongoing profitability issues, which could hinder long-term financial health and investor confidence if not addressed.
Declining Free Cash Flow
A decline in free cash flow growth raises concerns about Ithaca Energy's ability to fund operations and investments, potentially impacting future growth and stability.
Negative Return on Equity
Negative return on equity indicates inefficiency in generating profits from shareholders' equity, which may deter investment and affect long-term growth prospects.

Ithaca Energy PLC (ITH) vs. iShares MSCI United Kingdom ETF (EWC)

Ithaca Energy PLC Business Overview & Revenue Model

Company DescriptionIthaca Energy Limited, 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. The company was incorporated in 2004 and is headquartered in Aberdeen, the United Kingdom. Ithaca Energy Limited is a subsidiary of Delek North Sea Limited.
How the Company Makes MoneyIthaca Energy generates revenue primarily through the production and sale of crude oil and natural gas. The company monetizes its hydrocarbon resources by extracting oil and gas from its offshore fields and selling them in competitive markets. Key revenue streams include sales from its operated and non-operated production assets, which contribute significantly to its cash flow. Additionally, Ithaca Energy may benefit from partnerships with other industry players, joint ventures, and strategic alliances, allowing for shared investment and risk in exploration and development projects. The company also focuses on cost management and operational efficiency to enhance profitability in fluctuating commodity price environments.

Ithaca Energy PLC Financial Statement Overview

Summary
Ithaca Energy PLC exhibits strong revenue growth and operational efficiency, but faces profitability challenges with a negative net income. The balance sheet is stable with manageable leverage, and strong cash flow generation provides financial flexibility. Addressing profitability issues is crucial for future growth.
Income Statement
Ithaca Energy PLC shows a mixed performance in its income statement. The TTM data indicates a strong revenue growth rate of 17.42%, suggesting a positive trajectory. However, the company faces challenges with profitability, as evidenced by a negative net profit margin of -6.71% in the TTM period. The EBIT and EBITDA margins are relatively healthy at 31.32% and 62.00%, respectively, indicating operational efficiency. The company needs to address its net losses to improve overall profitability.
Balance Sheet
The balance sheet of Ithaca Energy PLC reflects a stable financial position with a debt-to-equity ratio of 0.38 in the TTM period, showing a manageable level of leverage. However, the return on equity is negative at -5.53%, highlighting profitability issues. The equity ratio is reasonable, indicating a solid capital structure. The company should focus on improving its return on equity to enhance shareholder value.
Cash Flow
Ithaca Energy PLC demonstrates strong cash flow management with a significant free cash flow growth rate of 52.73% in the TTM period. The operating cash flow to net income ratio is 0.69, indicating efficient cash generation relative to net income. The free cash flow to net income ratio of 0.46 suggests that the company is generating substantial free cash flow despite net losses. Continued focus on cash flow generation will support financial stability.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue2.73B1.98B2.32B2.60B1.43B1.11B
Gross Profit1.30B842.21M1.00B1.25B549.06M311.46M
EBITDA1.65B1.04B1.15B1.79B918.11M618.15M
Net Income-126.24M153.15M215.63M1.03B620.62M-467.10M
Balance Sheet
Total Assets8.43B8.27B6.25B6.76B4.73B4.26B
Cash, Cash Equivalents and Short-Term Investments426.59M178.08M156.54M253.82M44.85M1.20M
Total Debt1.28B1.07B768.71M1.27B1.44B1.85B
Total Liabilities6.47B5.23B3.80B4.30B4.06B3.72B
Stockholders Equity1.96B3.04B2.44B2.46B676.51M542.47M
Cash Flow
Free Cash Flow522.38M389.20M811.97M1.34B643.06M593.21M
Operating Cash Flow1.25B853.28M1.29B1.72B912.66M735.27M
Investing Cash Flow-958.87M-390.91M-492.40M-1.40B-220.15M-198.96M
Financing Cash Flow-203.13M-449.48M-900.73M-107.45M-650.74M-549.87M

Ithaca Energy PLC Technical Analysis

Technical Analysis Sentiment
Negative
Last Price158.00
Price Trends
50DMA
185.82
Negative
100DMA
187.33
Negative
200DMA
164.49
Negative
Market Momentum
MACD
-6.86
Negative
RSI
37.76
Neutral
STOCH
30.80
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ITH, the sentiment is Negative. The current price of 158 is below the 20-day moving average (MA) of 160.85, below the 50-day MA of 185.82, and below the 200-day MA of 164.49, indicating a bearish trend. The MACD of -6.86 indicates Negative momentum. The RSI at 37.76 is Neutral, neither overbought nor oversold. The STOCH value of 30.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:ITH.

Ithaca Energy PLC Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
£1.68B10.2917.24%10.99%-2.66%0.11%
71
Outperform
£1.75B10.8512.03%5.64%159.13%143.76%
65
Neutral
$15.17B7.614.09%5.20%3.87%-62.32%
63
Neutral
£845.07M-4.93-22.53%10.49%56.20%-185.69%
63
Neutral
£3.15B-8.41-11.32%8.77%123.03%-330.89%
60
Neutral
£733.39M-28.62-4.31%9.30%-32.89%-239.58%
54
Neutral
£2.61B-29.76-4.67%14.05%63.10%-161.03%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:ITH
Ithaca Energy PLC
158.00
40.39
34.34%
GB:DEC
Diversified Energy Company
1,014.00
-250.32
-19.80%
GB:HBR
Harbour Energy
191.00
-54.04
-22.05%
GB:SEPL
SEPLAT Petroleum Development
292.50
102.70
54.11%
GB:SQZ
Serica Energy
186.60
45.36
32.12%
GB:ENOG
Energean
909.00
-19.86
-2.14%

Ithaca Energy PLC Corporate Events

Business Operations and Strategy
Ithaca Energy Enhances Employee Engagement with Share Incentive Plan
Positive
Dec 10, 2025

Ithaca Energy PLC announced that its Share Incentive Plan (SIP) has facilitated the purchase of ordinary shares by key managerial personnel. The SIP, approved by HM Revenue and Customs, allows employees to acquire shares through salary deductions. This initiative reflects the company’s commitment to employee engagement and aligns managerial interests with shareholder value, potentially enhancing its market position.

The most recent analyst rating on (GB:ITH) stock is a Hold with a £186.00 price target. To see the full list of analyst forecasts on Ithaca Energy PLC stock, see the GB:ITH Stock Forecast page.

Other
Ithaca Energy’s Executive Chairman Increases Stake with Share Purchase
Positive
Dec 3, 2025

Ithaca Energy PLC announced that Yaniv Friedman, the Executive Chairman, has acquired 40,000 ordinary shares of the company, with transactions conducted on December 1, 2025, at prices of £1.74 and £1.75. This transaction reflects a significant personal investment by a key executive, potentially signaling confidence in the company’s future performance and stability, which may positively influence stakeholder sentiment.

The most recent analyst rating on (GB:ITH) stock is a Sell with a £137.00 price target. To see the full list of analyst forecasts on Ithaca Energy PLC stock, see the GB:ITH Stock Forecast page.

Business Operations and StrategyDividends
Ithaca Energy Declares Second Interim Dividend for 2025
Positive
Dec 2, 2025

Ithaca Energy announced a second interim dividend for 2025, amounting to $133 million or $0.0804 per share, payable in sterling on 18 December 2025. This move underscores the company’s focus on delivering attractive returns to shareholders while maintaining its commitment to sustainable energy production and emissions reduction in line with the North Sea Transition Deal.

The most recent analyst rating on (GB:ITH) stock is a Hold with a £178.00 price target. To see the full list of analyst forecasts on Ithaca Energy PLC stock, see the GB:ITH Stock Forecast page.

Business Operations and Strategy
UK’s Integral Role in Europe’s Energy System Highlighted in New Report
Neutral
Nov 20, 2025

A new report by Wood Mackenzie, commissioned by Ithaca Energy and endorsed by Offshore Energies UK, highlights the critical role of UK crude oil production within the European energy system. The UK, as Europe’s second-largest oil producer, plays a pivotal role in the continent’s energy security by exporting a significant portion of its crude to Europe, where it is refined and partially returned to the UK market. The report underscores the strategic importance of the UK’s oil industry, especially as domestic refining capacity declines, making the UK more reliant on European imports. This interdependence is crucial for both the UK and Europe’s energy stability, with implications for government policy on domestic production and energy security.

The most recent analyst rating on (GB:ITH) stock is a Hold with a £246.00 price target. To see the full list of analyst forecasts on Ithaca Energy PLC stock, see the GB:ITH Stock Forecast page.

Business Operations and StrategyDividendsFinancial Disclosures
Ithaca Energy Reports Strong Q3 2025 Results, Reaffirms Growth and Dividend Targets
Positive
Nov 19, 2025

Ithaca Energy PLC reported robust financial and operational performance for the first nine months of 2025, with significant production increases and improved cost efficiency following the integration of Eni UK’s assets. The company has reaffirmed its management guidance and dividend targets, highlighting its strategic focus on organic growth and high-return investments, particularly in the West of Shetland area. The announcement underscores Ithaca Energy’s commitment to enhancing shareholder value and maintaining its leadership position in the UK North Sea energy sector.

The most recent analyst rating on (GB:ITH) stock is a Hold with a £246.00 price target. To see the full list of analyst forecasts on Ithaca Energy PLC stock, see the GB:ITH Stock Forecast page.

Dividends
Ithaca Energy Announces $133 Million Interim Dividend for 2025
Positive
Nov 19, 2025

Ithaca Energy announced a second interim dividend for 2025, amounting to $133 million or $0.0804 per ordinary share, to be paid on 18 December 2025. This announcement underscores the company’s commitment to delivering attractive returns to shareholders, leveraging its substantial resource base and operational capabilities to play a crucial role in the UK’s energy security landscape.

The most recent analyst rating on (GB:ITH) stock is a Hold with a £246.00 price target. To see the full list of analyst forecasts on Ithaca Energy PLC stock, see the GB:ITH Stock Forecast page.

Business Operations and StrategyM&A Transactions
Ithaca Energy Strengthens West of Shetland Presence with Shell Partnership
Positive
Nov 19, 2025

Ithaca Energy has announced a farm-in agreement with Shell UK for a 50% interest in the Tobermory gas discovery in the West of Shetland basin. This strategic move enhances Ithaca’s position as a key player in the region, supporting UK energy security and strengthening its partnership with Shell. The development aligns with Ithaca’s long-term growth strategy and commitment to the UK economy, providing jobs and leveraging its operational expertise.

The most recent analyst rating on (GB:ITH) stock is a Hold with a £246.00 price target. To see the full list of analyst forecasts on Ithaca Energy PLC stock, see the GB:ITH Stock Forecast page.

Business Operations and Strategy
Ithaca Energy Executives Acquire Shares Under Incentive Plan
Positive
Nov 7, 2025

Ithaca Energy PLC announced that key executives have purchased ordinary shares under the company’s Share Incentive Plan, which allows employees to buy shares using salary deductions. This move highlights the company’s commitment to employee investment and aligns managerial interests with shareholder value, potentially strengthening its market position and stakeholder confidence.

The most recent analyst rating on (GB:ITH) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Ithaca Energy PLC stock, see the GB:ITH Stock Forecast page.

Business Operations and Strategy
Ithaca Energy Enhances Employee Engagement with Share Incentive Plan
Positive
Oct 7, 2025

Ithaca Energy PLC announced that its Share Incentive Plan (SIP) facilitated the purchase of ordinary shares by key managerial personnel. The plan, approved by HM Revenue and Customs, allows employees to acquire shares through salary deductions. This initiative underscores Ithaca Energy’s commitment to aligning employee interests with company performance, potentially enhancing stakeholder value and strengthening its market position.

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.

Business Operations and StrategyDividends
Ithaca Energy PLC Reinvests Dividends Under Share Incentive Plan
Positive
Oct 7, 2025

Ithaca Energy PLC has announced the reinvestment of cash dividends into Dividend Shares under its Share Incentive Plan. This move, involving key executives such as the Executive Chairman and Chief Financial Officer, reflects the company’s ongoing commitment to aligning management interests with shareholder value. The transactions were conducted on the London Stock Exchange, highlighting the company’s adherence to regulatory standards and its strategic focus on shareholder returns.

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.

Business Operations and StrategyM&A Transactions
Ithaca Energy Expands Stake in Cygnus Gas Field, Strengthening UKCS Position
Positive
Oct 1, 2025

Ithaca Energy has completed the acquisition of an additional 46.25% interest in the Cygnus gas field from Spirit Energy, increasing its operated interest to 85%. This acquisition is part of Ithaca’s strategy to consolidate its position in the UKCS, adding significant reserves and enhancing production capacity. The Cygnus field, being the largest gas field in the UK Continental Shelf, is crucial for the UK’s energy security. The transaction is expected to boost Ithaca’s production rate to approximately 140 kboe/d by the end of the year, solidifying its status as a major producer in the UKCS and providing a platform for future growth.

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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 19, 2025