I

Ithaca Energy PLC
LSE:ITH

Watchlist Manager
Ithaca Energy PLC
LSE:ITH
Watchlist
Price: 103.8 GBX -0.19%
Market Cap: 1.7B GBX
Have any thoughts about
Ithaca Energy PLC?
Write Note

Gross Margin
Ithaca Energy PLC

35.8%
Current
45%
Average
34.2%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
35.8%
=
Gross Profit
685.6m
/
Revenue
1.9B

Gross Margin Across Competitors

Country UK
Market Cap 1.7B GBP
Gross Margin
36%
Country MY
Market Cap 53.2m MYR
Gross Margin
92%
Country US
Market Cap 123B USD
Gross Margin
47%
Country CN
Market Cap 778.3B CNY
Gross Margin
48%
Country US
Market Cap 67B USD
Gross Margin
62%
Country CA
Market Cap 89.7B CAD
Gross Margin
50%
Country US
Market Cap 46B USD
Gross Margin
51%
Country US
Market Cap 45.2B USD
Gross Margin
72%
Country US
Market Cap 39.5B USD
Gross Margin
76%
Country AU
Market Cap 45.4B AUD
Gross Margin
45%
Country US
Market Cap 25.8B EUR
Gross Margin
92%
No Stocks Found

Ithaca Energy PLC
Glance View

Market Cap
1.7B GBX
Industry
Energy

Ithaca Energy PLC stands as a prominent player in the North Sea oil and gas landscape, orchestrating its operations with a keen strategic acumen. Originating as a part of the Delek Group, Ithaca swiftly carved a niche for itself by acquiring assets that others might overlook. The company specializes in the exploration, development, and production of hydrocarbons, predominantly focusing on oil but also tapping into natural gas. This blend allows Ithaca to harness existing fields while pursuing potential untapped reserves. The company's success lies in its ability to rejuvenate and optimize mature fields, capitalizing on advanced technologies and efficient operational strategies that maximize output while managing costs effectively. Their expertise extends beyond mere extraction, as Ithaca also carefully navigates the complex regulatory environments and collaborates with partners to fortify its market position. Revenue generation for Ithaca Energy hinges on its adeptness in extracting maximum value from each barrel of oil produced. With the North Sea being a mature but resource-rich basin, Ithaca implements enhanced oil recovery techniques to extend the productive life of its assets, thereby bolstering its production profile. By maintaining a keen focus on operational efficiency and strategic acquisitions, the company manages a portfolio that provides steady cash flow in tandem with robust asset monetization. Its profitability is closely tied to the fluctuations of global oil prices, but Ithaca mitigates risks through hedging strategies and long-term contracts. This astute operational model ensures a resilient financial performance, allowing Ithaca Energy PLC to generate sustained revenues while continually investing in field development and potential growth opportunities in the region.

ITH Intrinsic Value
431.05 GBX
Undervaluation 76%
Intrinsic Value
Price
I

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
35.8%
=
Gross Profit
685.6m
/
Revenue
1.9B
What is the Gross Margin of Ithaca Energy PLC?

Based on Ithaca Energy PLC's most recent financial statements, the company has Gross Margin of 35.8%.