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

Ithaca Energy plc (LON:ITH) insider Iain Clifford Scobbie Lewis purchased 121 shares of the stock in a transaction that occurred on Monday, January 6th. The shares were purchased at an average price of GBX 124 ($1.53) per share, with a total value of £150.04 ($185.46).

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 purchased at an average price of GBX 108 ($1.33) per share, for a total transaction of £150.12 ($185.56).

Ithaca Energy Price Performance

Shares of LON:ITH opened at GBX 126.80 ($1.57) on Thursday. The company has a market cap of £2.09 billion and a PE ratio of 1,056.67. The stock’s 50-day moving average is GBX 107.09 and its 200 day moving average is GBX 114. Ithaca Energy plc has a 1 year low of GBX 94.38 ($1.17) and a 1 year high of GBX 151.80 ($1.88).

Ithaca Energy Increases Dividend

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