Ithaca Energy plc (LON:ITH) Insider Iain Clifford Scobbie Lewis Purchases 121 Shares

Ithaca Energy plc (LON:ITH) insider Iain Clifford Scobbie Lewis bought 121 shares of Ithaca Energy stock in a transaction on Monday, January 6th. The stock was acquired at an average cost of GBX 124 ($1.55) per share, for a total transaction of £150.04 ($187.18).

Iain Clifford Scobbie Lewis also recently made the following trade(s):

• On Thursday, December 5th, Iain Clifford Scobbie Lewis acquired 139 shares of Ithaca Energy stock. The stock was acquired at an average cost of GBX 108 ($1.35) per share, for a total transaction of £150.12 ($187.28).

Ithaca Energy Trading Up 1.3 %

ITH stock opened at GBX 126 ($1.57) on Wednesday. The firm has a 50-day moving average price of GBX 106.64 and a 200-day moving average price of GBX 113.91. Ithaca Energy plc has a 12 month low of GBX 94.38 ($1.18) and a 12 month high of GBX 151.80 ($1.89). The stock has a market capitalization of £2.08 billion and a P/E ratio of 1,050.00.

Ithaca Energy Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Thursday, November 28th were given a $0.12 dividend. The ex-dividend date of this dividend was Thursday, November 28th. This represents a yield of 9.56%. This is a positive change from Ithaca Energy’s previous dividend of $0.10. Ithaca Energy’s dividend payout ratio (DPR) is currently 23,333.33%.

About Ithaca Energy

Ithaca Energy is a leading UK independent exploration and production company focused on the UK North Sea with a strong track record of material value creation. In recent years, the Company has been focused on growing its portfolio of assets through both organic investment programmes and acquisitions and has seen a period of significant M&A driven growth centred upon two transformational acquisitions.