Top Page
Ithaca Energy PLC
(LSE:ITH)
Ithaca Energy PLC (ITH) vs. iShares MSCI United Kingdom ETF (EWC)
Ithaca Energy PLC Business Overview & Revenue Model
Ithaca Energy PLC Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.21B | 1.98B | 2.32B | 2.60B | 1.43B | 1.11B |
| Gross Profit | 1.08B | 842.21M | 1.00B | 1.25B | 549.06M | 311.46M |
| EBITDA | 1.37B | 1.04B | 1.15B | 1.79B | 918.11M | 618.15M |
| Net Income | -148.25M | 153.15M | 215.63M | 1.03B | 620.62M | -467.10M |
Balance Sheet | ||||||
| Total Assets | 8.05B | 8.27B | 6.25B | 6.76B | 4.73B | 4.26B |
| Cash, Cash Equivalents and Short-Term Investments | 268.94M | 178.08M | 156.54M | 253.82M | 44.85M | 1.20M |
| Total Debt | 1.08B | 1.07B | 768.71M | 1.27B | 1.40B | 1.85B |
| Total Liabilities | 5.23B | 5.23B | 3.80B | 4.30B | 4.06B | 3.72B |
| Stockholders Equity | 2.82B | 3.04B | 2.44B | 2.46B | 676.51M | 542.47M |
Cash Flow | ||||||
| Free Cash Flow | 445.29M | 389.20M | 811.97M | 1.34B | 643.06M | 593.21M |
| Operating Cash Flow | 974.85M | 853.28M | 1.29B | 1.72B | 912.66M | 735.27M |
| Investing Cash Flow | -591.30M | -390.91M | -492.40M | -1.40B | -220.15M | -198.96M |
| Financing Cash Flow | -411.84M | -449.48M | -900.73M | -107.45M | -650.74M | -549.87M |
Ithaca Energy PLC Technical Analysis
Ithaca Energy PLC Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | £1.75B | 11.87 | 17.50% | 8.65% | -9.80% | -1.98% | |
79 Outperform | £1.36B | 10.02 | 9.56% | 3.59% | 89.44% | 540.95% | |
73 Outperform | £649.28M | 8.89 | 11.29% | 12.11% | -9.79% | -46.17% | |
67 Neutral | $15.20B | 9.67 | 6.33% | 6.14% | 4.05% | -66.98% | |
67 Neutral | £2.74B | 15.84 | -5.65% | 22.98% | 1.04% | -156.59% | |
67 Neutral | £3.35B | 21.62 | -2.87% | 13.14% | 29.33% | ― | |
59 Neutral | £840.19M | ― | -16.60% | 7.84% | -11.09% | -110.76% |
Ithaca Energy PLC Corporate Events
Ithaca Energy PLC announced that Deborah Gudgeon has been appointed as an Independent Non-Executive Director to the Board of Valterra Platinum Limited. This appointment may enhance Ithaca Energy’s strategic positioning by potentially fostering new partnerships or insights from Gudgeon’s involvement with Valterra Platinum.
The most recent analyst rating on (GB:ITH) stock is a Hold with a £1.27 price target. To see the full list of analyst forecasts on Ithaca Energy PLC stock, see the GB:ITH Stock Forecast page.
Ithaca Energy PLC announced that its Share Incentive Plan (SIP) facilitated the purchase of ordinary shares by key executives, including the Executive Chairman and Chief Financial Officer, through Computershare Share Plan Trustees Limited. This move, conducted on the London Stock Exchange, aligns with the company’s strategy to engage employees in its growth and success, potentially enhancing stakeholder value and reinforcing its market position.
The most recent analyst rating on (GB:ITH) stock is a Hold with a £1.27 price target. To see the full list of analyst forecasts on Ithaca Energy PLC stock, see the GB:ITH Stock Forecast page.
Ithaca Energy has completed the acquisition of JAPEX UK E&P Limited, increasing its stake in the Seagull field from 35% to 50%, matching bp’s interest. This acquisition, valued at $193 million, is part of Ithaca’s strategy to enhance production and cash flow from high-quality assets, reinforcing its position as a key player in the UK North Sea oil and gas industry.
The most recent analyst rating on (GB:ITH) stock is a Hold with a £1.27 price target. To see the full list of analyst forecasts on Ithaca Energy PLC stock, see the GB:ITH Stock Forecast page.
Ithaca Energy PLC announced the purchase of ordinary shares by its managerial staff under the company’s Share Incentive Plan. This plan allows employees to acquire shares through salary deductions, aligning their interests with company performance. The transactions were conducted on the London Stock Exchange, reflecting the company’s commitment to employee investment and engagement.
The most recent analyst rating on (GB:ITH) stock is a Sell with a £1.00 price target. To see the full list of analyst forecasts on Ithaca Energy PLC stock, see the GB:ITH Stock Forecast page.
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.
Ithaca Energy has signed an agreement to acquire an additional 46.25% stake in the Cygnus gas field from Spirit Energy for £116 million, increasing its operated interest to 85%. This acquisition aligns with Ithaca’s strategy of value-accretive M&A, enhancing its portfolio with high-quality assets in the UK Continental Shelf. The Cygnus field, the largest gas field in the UKCS, is crucial for the UK’s energy security, and this transaction is expected to add significant reserves and production capacity, with further potential through infill drilling.
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.
Ithaca Energy PLC announced that dividends paid on shares within its Share Incentive Plan were reinvested to purchase additional shares for its executives, including the Executive Chairman and Chief Financial Officer. This reinvestment, conducted in accordance with the company’s SIP scheme rules, underscores Ithaca Energy’s commitment to aligning management interests with shareholder value, potentially enhancing stakeholder confidence in the company’s governance and financial strategies.
The most recent analyst rating on (GB:ITH) stock is a Hold with a £116.00 price target. To see the full list of analyst forecasts on Ithaca Energy PLC stock, see the GB:ITH Stock Forecast page.
Ithaca Energy PLC announced the successful passing of all resolutions at its Annual General Meeting held on May 14, 2025. The resolutions included the approval of the annual report, director appointments, and authorizations related to share allotment and company share purchases. This outcome reflects strong shareholder support and positions the company to continue its strategic initiatives and governance practices.
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.
Ithaca Energy PLC announced the purchase of ordinary shares by its managerial staff under the company’s Share Incentive Plan (SIP), which is an all-employee share plan approved by HM Revenue and Customs. This move is part of the company’s efforts to align the interests of its employees with its operational goals, potentially enhancing stakeholder confidence and reinforcing its market position.
Ithaca Energy PLC announced the granting of deferred bonus awards to its directors and persons discharging managerial responsibilities (PDMRs) under the company’s Deferred Share Bonus Plan. The awards, which are nil-cost options to acquire ordinary shares, are set to vest on the third anniversary of the grant date. This move aligns with the company’s strategy to incentivize its leadership team, potentially impacting its operational focus and stakeholder interests by aligning management incentives with long-term company performance.