Iain Clifford Scobbie Lewis Buys 139 Shares of Ithaca Energy plc (LON:ITH) Stock

Ithaca Energy plc (LON:ITH) insider Iain Clifford Scobbie Lewis purchased 139 shares of the business’s stock in a transaction dated Thursday, December 5th. The shares were purchased at an average cost of GBX 108 ($1.38) per share, with a total value of £150.12 ($191.31).

Ithaca Energy Trading Up 0.8 %

Shares of LON:ITH opened at GBX 106.60 ($1.36) on Monday. Ithaca Energy plc has a 1 year low of GBX 94.38 ($1.20) and a 1 year high of GBX 157 ($2.00). The firm has a fifty day moving average price of GBX 104.95 and a 200 day moving average price of GBX 116.24. The stock has a market capitalization of £1.76 billion and a PE ratio of 888.33.

Ithaca Energy Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, December 20th. Shareholders of record on Thursday, November 28th will be issued a dividend of $0.12 per share. This represents a yield of 9.56%. The ex-dividend date is Thursday, November 28th. This is an increase from Ithaca Energy’s previous dividend of $0.10. Ithaca Energy’s dividend payout ratio (DPR) is 23,333.33%.

About Ithaca Energy

Ithaca Energy plc, 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, Moray Firth, and West of Shetland area of the UKCS. Ithaca Energy plc was formerly known as Delek North Sea Limited and changed its name to Ithaca Energy plc in October 2022.