Risk factor
Very high price volatility
Profitability factor
Decent price performance
About
Ithaca Energy plc, alongside its subsidiaries, is an upstream energy firm focused on the exploration, development, and production of crude oil and natural gas. Its operations are centered in the North Sea, where it holds a portfolio of assets spanning the Northern, Central, and Moray Firth regions. The company's proved and probable reserves and resources totaled 5.6 million barrels of oil equivalent (boe) as of December 31, 2021. Established in 2004, Ithaca Energy is headquartered in Aberdeen, United Kingdom, and functions as a subsidiary of Delek North Sea Limited.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is reasonably priced on P/E, of fair
Target Price
The average target price of ITH.L is 332 and suggests 8.69% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendatio