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Added to YB: 2026-06-02

Pitch date: 2026-06-01

ITH.L [neutral]

Ithaca Energy plc

Author Info

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Company Info

Ithaca Energy plc, together with its subsidiaries, engages in the development and production of oil and gas in the North Sea.

Market Cap

GBP 4.9B

Pitch Price

N/A

Price Target

N/A

Dividend

10.16%

EV/EBITDA

3.27

P/E

20.49

EV/Sales

1.98

Sector

Oil, Gas and Consumable Fuels

Category

dividend

Show full summary:
Monday Delight: 01/06/2026 - Ithaca Energy plc

ITH.L (quick overview): UK North Sea oil & gas consolidator of mature assets. Mkt cap £4.0B, EV £5.0B, ROIC 22.5%, EV/EBIT 7.3. Eni deal expanded production base. ~$20/bbl opex (vs Vår's ~$10), break-even <$50/bbl. Conservatively financed w/ ~10% dividend yield.

Read full article (1 min)