Ithaca Energy plc (LON:ITH)
| Market Cap | 4.97B +57.3% |
| Revenue (ttm) | 2.40B +22.8% |
| Net Income | 196.26M |
| EPS | 0.12 |
| Shares Out | 1.65B |
| PE Ratio | 25.45 |
| Forward PE | 14.82 |
| Dividend | 0.27 (8.93%) |
| Ex-Dividend Date | Sep 3, 2026 |
| Volume | 1,547,788 |
| Open | 290.00 |
| Previous Close | 289.60 |
| Day's Range | 290.00 - 301.00 |
| 52-Week Range | 149.80 - 308.00 |
| Beta | 0.34 |
| Analysts | Buy |
| Price Target | 311.06 (+3.41%) |
| Est. Earnings | Nov 19, 2026 |
About Ithaca Energy
Ithaca Energy plc, together with its subsidiaries, engages in the development and production of oil and gas in the North Sea. It owns a portfolio of assets located in the Northern, Central, and Southern North Sea, as well as West of Shetland and the Moray Firth areas of the UK Continental Shelf. The company was formerly known as Delek North Sea Limited and changed its name to Ithaca Energy plc in October 2022. The company was incorporated in 2004 and is based in London, the United Kingdom. Ithaca Energy plc operates as a subsidiary of DKL Energ... [Read more]
Analyst Summary
According to 9 analysts, the average rating for ITH stock is "Buy." The 12-month stock price target is 311p, which is an increase of 3.41% from the latest price.
News
Ithaca Energy (ITHLF) Warns UK Investment at Risk Without Rosebank Project Approval
Ithaca Energy (ITHLF) Warns UK Investment at Risk Without Rosebank Project Approval
Ithaca may halt Britain investment without Rosebank approval, FT reports
Oil and gas producer Ithaca Energy will likely halt further investment in Britain if the government does not approve its Rosebank oilfield in the North Sea, chair Yaniv Friedman said in an interview w...
Ithaca Energy CEO Luciano Vasques to step down
Ithaca Energy CEO Luciano Vasques to step down
Ithaca Energy Expands Into Canada With $860M Suncor Offshore Assets Deal
Ithaca Energy LON: ITH said it has agreed to acquire Suncor's offshore Canada assets in a transaction valued at $860 million, marking the company's first international expansion beyond the U.K. Contin...
Ithaca Energy price target raised to 250 GBp from 225 GBp at Barclays
Barclays raised the firm’s price target on Ithaca Energy (ITHEY) to 250 GBp from 225 GBp and keeps an Underweight rating on the shares.
Suncor selling off stakes in N.L.’s Terra Nova, White Rose and West White Rose for $1.2B
Calgary-based Suncor Energy is selling off stakes in three Newfoundland and Labrador oilfields — Terra Nova, White Rose and West White Rose — to Ithaca Energy in a deal for $1.2 billion plus up to $35...
British oil giant to drill in Canada as it looks beyond high tax North Sea
British oil and gas company Ithaca Energy is investing £650million in Canadian waters as it diversifies away from the heavily taxed UK North Sea.
Ithaca Energy Transcript: M&A announcement
The $860 million Suncor acquisition adds Terra Nova and White Rose, 103 million barrels of 2P reserves and a new East Canada operating platform. Production is expected to average 30,000 boe/d in 2027–2031, supporting a medium-term target of 140,000–150,000 b/d.
Ithaca Energy Slides: M&A announcement
Ithaca Energy has posted slides in relation to its latest quarterly earnings report, which was published on October 5, 2026.
Ithaca Energy Press release: M&A announcement
Ithaca Energy issued a press release on October 5, 2026, disclosing material business information to investors.
Ithaca Energy to Buy Offshore Canada Oil Assets From Suncor Energy for Up to $1.1 Billion
The company said the deal adds scale and diversification in an offshore operating environment similar to the U.K. Continental Shelf and materially enhances its production outlook.
Ithaca Energy To Acquire Suncor's Canada Offshore Assets For $860 Mln
(RTTNews) - Ithaca Energy plc (ITH.L), a UK oil and gas exploration and production company, on Monday announced that it has agreed to acquire offshore oil assets in Canada from Suncor Energy Inc. (SU....
Suncor Energy (SU) Sells Offshore Stakes to Ithaca Energy, Boosts Share Repurchases
Suncor Energy (SU) Sells Offshore Stakes to Ithaca Energy, Boosts Share Repurchases
Suncor Energy (SU) Sells Offshore Stakes to Ithaca Energy for $860M Cash
Suncor Energy (SU) Sells Offshore Stakes to Ithaca Energy for $860M Cash
Suncor to sell Canadian offshore assets to Ithaca for $1.08 billion
Canada's Suncor Energy agreed to sell its interests in the Terra Nova, White Rose and West White Rose offshore oil assets to London-based Ithaca Energy for C$1.2 billion ($841.69 million) in upfront c...
Burnham warned Rosebank oil field could breach West Bank sanctions
The prime minister has been warned that approving a controversial oil field risks contravening his own sanctions on illegal Israeli settlements in the West Bank. The government will soon have to make ...
Ithaca Energy initiated with an Equal Weight at Morgan Stanley
Morgan Stanley initiated coverage of Ithaca Energy (ITHEY) with an Equal Weight rating and 286 GBp price target The firm initiated coverage on the European exploration and production sector. Published...
Ithaca Energy price target raised to 315 GBp from 270 GBp at Berenberg
Berenberg raised the firm’s price target on Ithaca Energy (ITHLF) to 315 GBp from 270 GBp and keeps a Buy rating on the shares.
Ithaca Energy H1 Earnings Call Highlights
Ithaca Energy LON: ITH reported record quarterly production in the second quarter of 2026 and raised its full-year dividend guidance, citing lower operating costs, strong cash generation and continued...
Ithaca Energy Earnings Call Transcript: H1 2026
Record production and strong cost control drove robust H1 2026 financial results, with OpEx per barrel down to $18 and EBITDAX at $1.1 billion. Liquidity remains high, dividend guidance was upgraded, and key projects like Rosebank and Cambo advanced toward major milestones.
Ithaca Energy Slides: H1 2026
Ithaca Energy has posted slides in relation to its H1 2026 quarterly earnings report, which was published on August 19, 2026.
Ithaca Energy Quarterly report: H1 2026
Ithaca Energy has published its H1 2026 quarterly earnings report on August 19, 2026.
UK's Ithaca Energy lifts dividend view after strong half-year production
Oil and gas producer Ithaca Energy raised its 2026 dividend forecast on Wednesday, buoyed by robust cash generation and growth in half-year production.
Ithaca Energy initiated with a Buy at Berenberg
Berenberg initiated coverage of Ithaca Energy (ITHEY) with a Buy rating and 270 GBp price target The company Ihas significantly grown its UK-focused oil and gas production base in recent…
Ithaca Energy Q1 Earnings Call Highlights
Ithaca Energy LON: ITH reported what executives described as a strong first quarter of 2026, with production in line with full-year guidance, robust cash generation and an outlook for shareholder retu...