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

Ithaca Energy plc (LON:ITH - Get Free Report) insider Iain Clifford Scobbie Lewis purchased 139 shares of the firm's stock in a transaction on Thursday, December 5th. The stock was acquired at an average price of GBX 108 ($1.38) per share, for a total transaction of £150.12 ($191.33).

Ithaca Energy Trading Up 0.8 %

LON ITH traded up GBX 0.80 ($0.01) on Friday, hitting GBX 106.60 ($1.36). 781,495 shares of the company traded hands, compared to its average volume of 967,173. The business's 50 day moving average price is GBX 104.95 and its 200-day moving average price is GBX 116.24. The company has a market capitalization of £1.76 billion and a price-to-earnings ratio of 888.33. Ithaca Energy plc has a 52-week low of GBX 94.38 ($1.20) and a 52-week high of GBX 157 ($2.00).

Ithaca Energy Increases Dividend

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

Ithaca Energy Company Profile

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.