Ithaca Energy (ITH) Share Price, News & Analysis

Company Overview

Ithaca Energy is a leading UK independent exploration and production company focused on the UK North Sea with a strong track record of material value creation. In recent years, the Company has been focused on growing its portfolio of assets through both organic investment programmes and acquisitions and has seen a period of significant M&A driven growth centred upon two transformational acquisitions. Today, Ithaca Energy is one of the largest independent oil and gas companies in the United Kingdom Continental Shelf (the “UKCS”), with stakes in six of the ten largest fields in the UKCS and two of UKCS’s largest pre-development fields.

Key Stats

• Today's Range: 189.20 to 202
• 50-Day Range: 167.80 to 237.50
• 52-Week Range: 94.38 to 238
• Volume: 885,053 shs
• Average Volume: 1.96 million shs
• Market Capitalization: £3.13 billion
• P/E Ratio: N/A
• Dividend Yield: 0.12%
• Price Target: GBX 200
• Consensus Rating: Buy

Ithaca Energy Stock Analysis - MarketRank™

Ithaca Energy scored higher than 34% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Buy

Consensus Rating

Ithaca Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Ithaca Energy is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Ithaca Energy has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Ithaca Energy is -1,788.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ithaca Energy is -1,788.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Ithaca Energy has a P/B Ratio of 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ITH.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Ithaca Energy is a leading dividend payer. It pays a dividend yield of 12.25%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Ithaca Energy does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ITH.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.14

News Sentiment

Ithaca Energy has a news sentiment score of 1.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.75 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Ithaca Energy this week, compared to 3 articles on an average week.

MarketBeat Follows

Only 2 people have added Ithaca Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Ithaca Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought £599.16 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

Only 0.19% of the stock of Ithaca Energy is held by insiders.

Percentage Held by Institutions

Only 3.03% of the stock of Ithaca Energy is held by institutions.

ITH Stock Analysis - Frequently Asked Questions

How have ITH shares performed this year?

Ithaca Energy's stock was trading at GBX 110.40 at the start of the year. Since then, ITH shares have increased by 71.7% and is now trading at GBX 189.59.

How do I buy shares of Ithaca Energy?

Shares of ITH stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

What other stocks do shareholders of Ithaca Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ithaca Energy investors own include Unilever (ULVR), AutoZone (AZO), BP (BP), Intel (INTC), TJX Companies (TJX), Abacus Health Products (ABAHF) and Avino Silver & Gold Mines (ASM).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: Pharmaceutical Products
• Current Symbol: LON:ITH
• CIK: N/A
• Web: www.ithacaenergy.com
• Phone: (415) 482-5300
• Fax: N/A
• Employees: 220
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Ithaca Energy: GBX 200
• High Price Target: GBX 200
• Low Price Target: GBX 200
• Potential Upside/Downside: +5.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX (0.11)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 15.48
• P/E Growth: N/A
• Net Income: £230.29 million
• Net Margins: 6.48%
• Pretax Margin: N/A
• Return on Equity: 4.55%
• Return on Assets: 0.18%

Debt

• Debt-to-Equity Ratio: 42.90
• Current Ratio: 0.85
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: £2.59 billion
• Price / Sales: 1.20
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: GBX 236.41 per share
• Price / Book: 0.80

Miscellaneous

• Outstanding Shares: 1,647,407,000
• Free Float: N/A
• Market Cap: £3.12 billion
• Optionable: Not Optionable
• Beta: N/A