Ithaca Energy plc (LON:ITH) Insider Gilad Myerson Acquires 127 Shares

Ithaca Energy plc (LON:ITH) insider Gilad Myerson bought 127 shares of the business’s stock in a transaction on Tuesday, May 7th. The shares were acquired at an average cost of GBX 118 ($1.48) per share, for a total transaction of £149.86 ($188.27).

Ithaca Energy Trading Down 0.3 %

Shares of Ithaca Energy stock opened at GBX 118 ($1.48) on Thursday. Ithaca Energy plc has a 52 week low of GBX 111.85 ($1.41) and a 52 week high of GBX 187.40 ($2.35). The company’s 50-day moving average price is GBX 127.81 and its two-hundred day moving average price is GBX 139.96. The stock has a market cap of £1.19 billion and a PE ratio of 696.47.

Ithaca Energy Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, April 17th. Stockholders of record on Thursday, March 28th were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Thursday, March 28th. This represents a dividend yield of 7.43%. Ithaca Energy’s dividend payout ratio (DPR) is presently 12,352.94%.

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.