Ithaca Energy (LSE: ITH) has been one of the more closely watched UK oil and gas names during 2024 and 2025, thanks to a sharp share-price rally and a dividend yield that regularly reaches double digits. Data from multiple sources shows the stock trading between roughly 244p and 273p depending on the snapshot date, with a 52‑week range that extends from 142p to 290p. The most consistent theme across analyst notes and investor forums is a debate about whether the high dividend payout is already fully priced in, or whether further upside remains after the recent rerating.
This article brings together verified share‑price data, dividend history, analyst targets, and sentiment from authoritative platforms to give a balanced view of where Ithaca Energy stands today. All figures are drawn from regulated brokers, exchange data, and established financial news sources.
What is the Ithaca Energy Share Price Prediction?
Current Price: 243.80p (Stockopedia delayed close)
52‑Week Range: 142.00p – 290.20p
Dividend Yield: 9.58% (Hargreaves Lansdown)
Market Cap: £3.80bn (London Stock Exchange company page)
- The current price sits in the upper half of the 52‑week range, reflecting a strong recovery from the 2024 lows.
- The median analyst target of 233.09p (Stockopedia) is slightly below the last closing price, suggesting limited near‑term upside.
- Earnings per share fell sharply from $0.23 in 2023 to $0.03 in 2024, a decline that raises questions about dividend cover.
- Net debt of $1.35bn points to high leverage, which could affect the sustainability of the dividend if oil prices drop.
- Analyst sentiment is mixed: a sample from Investing.com shows 2 Buy, 3 Hold, and 1 Sell, indicating cautious optimism rather than unanimous conviction.
| Metric | Value |
|---|---|
| Company | Ithaca Energy PLC |
| Ticker | ITH |
| Exchange | London Stock Exchange |
| Current Price | 243.80p (Stockopedia) |
| 52‑Week High | 290.20p |
| 52‑Week Low | 142.00p |
| Shares in Issue | 1,650,599,943 |
| EPS (2024) | $0.03 |
| Net Debt | $1.35bn |
| Analyst Target (Median) | 233.09p (range 149.40 – 299.55) |
| Dividend Yield | 9.58% (HL.co.uk) |
What is the Ithaca Energy Share Price History?
52‑Week Range and All‑Time High
Over the past 12 months, Ithaca Energy’s share price has moved between a low of 142.00p and a high of 290.20p, according to official LSE data. The stock spent much of 2024 below 200p before a sustained rally that accelerated in late 2024 and early 2025. The current level around 244p represents a gain of roughly 90% over the past 365 days, as reported by Stockopedia.
The 52‑week range of 142.00p – 290.20p is sourced from the London Stock Exchange. Investors should note that the all‑time high is above 290p and the stock has not revisited that level recently.
What is the Ithaca Energy Share Price Dividend?
Dividend Yield and Ex‑Dividend Dates
Ithaca Energy is primarily valued for its high dividend yield. Hargreaves Lansdown lists a trailing yield of 9.58%, with an estimated forward yield of 9.10%. The company has made several interim payments, including a 12.09¢ per share payment with an ex‑dividend date of 26 March 2026 and a payment date of 16 April 2026. Earlier payments include 8.04¢ (27 November 2025 ex‑div) and 10.10¢ (4 September 2025 ex‑div).
Annual dividend totals have been declining: $0.40 in 2023, $0.34 in 2024, and $0.30 in 2025 (per HL estimates). The dividend cover has fallen from 1.12 in 2023 to 0.58 in 2025, meaning dividends are not fully covered by earnings in the most recent year.
With dividend cover below 1.0 in 2025, the payout is being supported by cash flow rather than earnings. Commodity price weakness or higher capital spending could put pressure on future distributions. Investors should monitor the next earnings report for any update on dividend policy.
What are the Latest Ithaca Energy Share Price News?
Broker Commentary and Analyst Moves
In 2025, Goldman Sachs downgraded Ithaca Energy from Neutral to Sell, setting a target of £1.80, according to a broker note discussed by The Oak Bloke. The bank had previously rated the stock a Buy at £1.40 in October 2024, before the share price rerated sharply. The downgrade reflects a view that the valuation already incorporates most of the positive dividend story.
The same source notes that a modelled 15‑20% EBITDA hit for 2026 is possible if TTF gas prices average €20/MWh rather than €30+ in 2025, highlighting the stock’s sensitivity to commodity prices. Other brokers have maintained a mixed stance: Investing.com’s consensus of 2 Buy, 3 Hold, 1 Sell suggests a cautious outlook.
How Has Ithaca Energy’s Share Price Evolved Over the Past Two Years?
- 2023: EPS of $0.23; share price generally above 250p. Dividend of $0.40 per share fully covered.
- 2024: EPS dropped to $0.03; price ranged from 142p to 290p. Dividend cut to $0.34. Goldman Sachs issued a Buy rating at £1.40 in October.
- 2025 (early): Share price rallied above 270p on improved revenue and profit data, but Goldman Sachs downgraded to Sell at £1.80. Dividend further reduced to $0.30.
- 2025 (current): Price around 244p, with analyst target near 233p. Market debates whether the dividend yield compensates for limited near‑term upside.
What Is Certain and What Remains Uncertain About Ithaca Energy?
| Established Information | Information That Remains Unclear |
|---|---|
| Current share price and 52‑week range from exchange data. | Future share price direction, dependent on oil prices, production, and sentiment. |
| EPS, net debt, and dividend history as reported by HL and Stockopedia. | Ex‑dividend dates beyond those already announced; subject to company confirmation. |
| Median analyst target of 233.09p from Stockopedia (range 149.40 – 299.55). | Analyst targets are based on current assumptions and may be revised. |
| Goldman Sachs downgrade to Sell with £1.80 target (per The Oak Bloke). | Impact of UK windfall taxes and potential M&A activity on valuation. |
What Broader Factors Influence the Ithaca Energy Share Price?
Ithaca Energy operates in the UK North Sea, making its share price sensitive to Brent crude and TTF natural gas prices. A sustained fall in oil or gas prices can reduce cash flow and dividend coverage. The company also carries net debt of $1.35bn, which increases financial risk if energy prices weaken.
UK energy policy, including the windfall tax on oil and gas profits, adds another layer of uncertainty. Peer comparisons with Harbour Energy and EnQuest show that Ithaca’s high dividend yield is a differentiating factor, but its leverage and lower earnings cover mean it may be more vulnerable to downturns.
Investors should also consider the CGT Allowance 2024/25 – Threshold, Rates and Tax Guide when planning any sale of ITH shares, as capital gains implications can affect net returns.
Which Are the Most Reliable Sources for Ithaca Energy Data?
“Earnings per share Reported $0.03 2024 $0.23 2023” – Hargreaves Lansdown
“Ithaca Energy share price has been traded in a range of 147.60, hitting a high of 290.20, and a low of 142.60.” – LSE.co.uk
“Ithaca Energy currently has 1,650,599,943 shares in issue.” – ADVFN
“Ithaca Energy PLC have a median target of 234.88, with a high estimate of 299.55 and a low estimate of 149.40.” – Investors Chronicle
These sources, along with regulated broker pages such as Hargreaves Lansdown and data from the DWP Pension Bank Rules Update – What You Need to Know, provide the most accurate and up‑to‑date information for UK investors.
What Is the Key Takeaway for Ithaca Energy Investors?
Ithaca Energy remains a high‑yield, cash‑generative name in the UK oil and gas sector, but the share price has largely rerated to reflect its dividend story. The mixed analyst consensus – with several Hold and Sell ratings – suggests that while the income is attractive, the potential for further capital appreciation may be limited. Investors should weigh the 9.58% dividend yield against the risks of low earnings cover, commodity price sensitivity, and possible tax changes.
Frequently Asked Questions About Ithaca Energy Share Price
Is Ithaca Energy a good dividend stock?
The dividend yield is high at around 9.58%, but cover has fallen below 1.0 in 2025, meaning dividends are not fully covered by earnings. Caution is advised.
How can I buy Ithaca Energy shares?
Shares can be bought through any UK broker such as Hargreaves Lansdown, AJ Bell, or Interactive Investor using the ticker ITH on the London Stock Exchange.
What market sector does Ithaca Energy belong to?
Ithaca Energy is classified as an Oil & Gas producer on the London Stock Exchange.
What affects Ithaca Energy’s share price the most?
The share price is sensitive to oil and gas prices (especially Brent crude and TTF), production volumes, UK energy tax policy, and overall market sentiment toward the sector.
When is the next ex‑dividend date for ITH?
According to HL, the next ex‑dividend date is 26 March 2026 for a payment of 12.09¢ per share, payable on 16 April 2026.
What is the analyst consensus on Ithaca Energy?
It varies by source. Investing.com shows 2 Buy, 3 Hold, 1 Sell, while Stockopedia reports a median target of 233.09p, slightly below the current price.
Did Goldman Sachs downgrade Ithaca Energy?
Yes, in 2025 Goldman Sachs downgraded the stock from Neutral to Sell with a target of £1.80, citing limited upside after the strong rally.
Where can I find live Ithaca Energy share price?
Live quotes are available on the London Stock Exchange website, Hargreaves Lansdown, Stockopedia, and Yahoo Finance.
Oliver Bennett is Managing Editor at ShowbizUK.co.uk, responsible for daily editorial planning, the publishing schedule, newsroom workflow, article commissioning and final editorial preparation.