Ithaca Energy PLC
ISIN: GB00BPJHV584 | Ticker: ITH | LEI: 21380057TNFLXPXBIP34
Country: United Kingdom
Ithaca Energy is a leading independent oil and gas operator in the North Sea with a strong track record of material value creation.
Founded in 2004, Ithaca Energy has been on a rapid growth trajectory in the last three years, following a series of transformational M&A transactions and organic growth, building operations with significant scale and longevity. Today, Ithaca Energy is one of the largest independent oil and gas companies in the UKCS, ranking second by resources and third by production.
With stakes in six of the ten largest fields in the UK North Sea and two of largest three prospective developments, we play a pivotal role in meeting the current and future energy needs of the UK. We do not take this responsibility lightly, recognising that oil and gas will continue to play an important part of the long-term energy mix as we navigate the energy transition.
2004
Served areaEurope
Headquarters8 Rubislaw Terrace, AB10 1XE Aberdeen – United Kingdom
| Line item in (usd) | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|
| Assets | N/A | 4,731,839,000.00 | 6,759,599,000.00 |
| Noncurrent Assets | N/A | 4,170,930,000.00 | 5,770,874,000.00 |
| Property Plant And Equipment | N/A | 2,958,733,000.00 | 3,634,896,000.00 |
| Tangible Exploration And Evaluation Assets | N/A | 116,355,000.00 | 775,773,000.00 |
| Goodwill | N/A | 722,075,000.00 | 783,848,000.00 |
| Noncurrent Inventories | N/A | 532,000.00 | 0.00 |
| Deferred Tax Assets | N/A | 220,918,000.00 | 392,456,000.00 |
| Noncurrent Derivative Financial Assets | N/A | 133,000.00 | 21,191,000.00 |
| Current Assets | N/A | 560,909,000.00 | 988,725,000.00 |
| Inventories | N/A | 177,619,000.00 | 176,881,000.00 |
| Trade And Other Current Receivables | N/A | 228,290,000.00 | 359,994,000.00 |
| Current Prepayments | N/A | 10,536,000.00 | 9,055,000.00 |
| Cash and cash equivalents | 1,202,000.00 | 44,849,000.00 | 253,822,000.00 |
| Current Derivative Financial Assets | N/A | 4,975,000.00 | 150,858,000.00 |
| Equity | 542,467,000.00 | 676,509,000.00 | 2,457,472,000.00 |
| Issued Capital | N/A | 1,000.00 | 11,445,000.00 |
| Retained Earnings | N/A | 175,503,000.00 | 1,945,465,000.00 |
| Share Premium | N/A | 634,658,000.00 | 293,712,000.00 |
| Reserve Of Sharebased Payments | N/A | 0.00 | 4,920,000.00 |
| Noncurrent Liabilities | N/A | 2,548,323,000.00 | 3,051,223,000.00 |
| Noncurrent Derivative Financial Liabilities | N/A | 21,296,000.00 | 27,440,000.00 |
| Longterm Borrowings | N/A | 954,616,000.00 | 1,213,731,000.00 |
| Current Liabilities | N/A | 1,507,007,000.00 | 1,250,904,000.00 |
| Trade And Other Current Payables | N/A | 484,268,000.00 | 711,412,000.00 |
| Current Derivative Financial Liabilities | N/A | 438,006,000.00 | 136,668,000.00 |
| Line item in (usd) | 01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|
| Revenue | 1,428,240,000.00 | 2,598,482,000.00 |
| Other Gains Losses | 3,827,000.00 | -9,429,000.00 |
| Profit Loss From Operating Activities | 1,013,275,000.00 | 2,443,542,000.00 |
| Impairment Loss Impairment Gain And Reversal Of Impairment Loss Determined In Accordance With I F R S9 | -465,271,000.00 | 31,467,000.00 |
| Profit Loss Before Tax | 763,139,000.00 | 2,240,529,000.00 |
| Income Tax Expense Continuing Operations | 337,150,000.00 | 1,208,997,000.00 |
| Profit (loss) | 425,989,000.00 | 1,031,532,000.00 |
| Profit Loss Attributable To Owners Of Parent | 425,989,000.00 | 1,031,532,000.00 |
| Line item in (usd) | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|
| Profit (loss) | N/A | 425,989,000.00 | 1,031,532,000.00 |
| Adjustments For Decrease Increase In Inventories | N/A | -65,302,000.00 | 4,051,000.00 |
| Adjustments For Depreciation And Amortisation Expense | N/A | 455,913,000.00 | 662,947,000.00 |
| Adjustments For Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | N/A | -465,271,000.00 | 31,467,000.00 |
| Adjustments For Unrealised Foreign Exchange Losses Gains | N/A | -1,871,000.00 | 2,464,000.00 |
| Adjustments For Sharebased Payments | N/A | 0.00 | 14,069,000.00 |
| Cash Flows From Used In Operations | N/A | 848,467,000.00 | 1,710,483,000.00 |
| Income Taxes Paid Refund Classified As Operating Activities | N/A | 10,004,000.00 | 81,914,000.00 |
| Cash Flows From Used In Operating Activities | N/A | 912,662,000.00 | 1,723,320,000.00 |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | 7,000,000.00 | 957,452,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -220,150,000.00 | -1,404,224,000.00 |
| Proceeds From Issuing Shares | N/A | 0.00 | 299,749,000.00 |
| Proceeds From Borrowings Classified As Financing Activities | N/A | 254,999,000.00 | 550,000,000.00 |
| Interest Paid Classified As Financing Activities | N/A | 85,181,000.00 | 142,820,000.00 |
| Cash Flows From Used In Financing Activities | N/A | -650,737,000.00 | -107,448,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | 1,872,000.00 | -2,675,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 43,647,000.00 | 208,973,000.00 |
| Cash and cash equivalents | 1,202,000.00 | 44,849,000.00 | 253,822,000.00 |
Please note that some sums might not add up.
GB00BPJHV584
LEI21380057TNFLXPXBIP34
SectorOil & Gas Exploration & Production
Listed Stock ExchangeFTSE 250
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