Ithaca Energy PLC ( (GB:ITH) ) just unveiled an update.
Ithaca Energy has announced a third interim dividend for 2024 amounting to $200 million, equivalent to $0.1209 per ordinary share, to be paid on April 25, 2025. This move reflects the company’s commitment to delivering attractive and sustainable returns, supported by its emissions-reduction strategy and focus on energy security, aligning with the UK Government’s priorities.
More about Ithaca Energy PLC
Ithaca Energy is a leading UK independent exploration and production company focused on the UK North Sea. It has a strong track record of material value creation through organic investment and acquisitions, including a recent business combination with Eni UK. Ithaca Energy is one of the largest independent oil and gas companies in the UK Continental Shelf, with significant reserves and operational capabilities, playing a key role in delivering domestic energy security.
YTD Price Performance: 28.80%
Average Trading Volume: 1,313,939
Technical Sentiment Signal: Strong Sell
Current Market Cap: £2.35B
For detailed information about ITH stock, go to TipRanks’ Stock Analysis page.