Ithaca Energy

Shoreview, United States Founded: 2004 • Age: 22 yrs Acquired By The Delek Group
Oil and natural gas exploration services are provided globally.
Annual revenue $1.9B Latest available
Total funding - 2 rounds
Employees 800 Tracked headcount
Investors 2 Known backers
Products 1 Services tracked
Competitors - Brand Intelligence

About Ithaca Energy

Ithaca Energy is a company based in Shoreview (United States) founded in 2004 was acquired by The Delek Group in February 2017. It operates as a Direct-to-Consumer (D2C). The company has 800 employees as of December 31, 2024. Ithaca Energy has completed 2 acquisitions, including Siccar Point Energy and Summit Exploration and Production. Ithaca Energy offers products and services including Oil and Gas Production.

  • Headquarter Shoreview, United States
  • Employees 800 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Energy & Utilities
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ithaca Energy Plc
Operational Areas
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.94 B (USD)
    -16.89
    as on Dec 31, 2024
  • Net Profit
    $150.18 M (USD)
    -49.07
    as on Dec 31, 2024
  • EBITDA
    $1.35 B (USD)
    -20.99
    as on Dec 31, 2024
  • Latest Funding Round
    $250 M (USD), Post-IPO

    Sep 24, 2019

  • Investors
    Trafigura

    & 1 more

  • Employee Count
    800

    as on Dec 31, 2024

  • Investments & Acquisitions
  • Acquired by
    The Delek Group

    (Feb 06, 2017)

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IPO & Listings of Ithaca Energy

Ithaca Energy is a publicly listed company on the LSE with ticker symbol ITH in UK, operating in the Energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: LSE · Ticker: ITH · Sector: Energy minerals · UK

Products & Services of Ithaca Energy

Ithaca Energy offers a comprehensive portfolio of products and services, including Oil and Gas Production.

Product name locked
Category locked
Primary

Oil and gas are produced in North Sea.

People of Ithaca Energy

Headcount 50-200
Employee Profiles 42
Board Members and Advisors 8
Employee Profiles
People
Matt Huntington
Captain Electrification Project Subsea
People
David Hair
Offshore Lead Mechanical Technician
People
Richard Smith
Corporate Development Director
People
Rachel Stanley
Head Of Non Operated Joint Ventures

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Board Members and Advisors
people
Gilad Myerson
Non-Executive Director
people
Joseph Asaf Bartfeld
Non-Executive Director
people
Lynne Clow
Independent Non-Executive Director
people
Deborah Gudgeon
Independent Non-Executive Director & Chair of the Audit & Risk Committee

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Funding Insights of Ithaca Energy

Investors in Ithaca Energy

Ithaca Energy has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Trafigura and The Delek Group.

All
Institutional
Investor Description Founded Year Domain Location
Commodity trading and logistics services are provided to global markets.
Locked Locked Locked
Oil and gas exploration and production company
Locked Locked Locked
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Investor details for Ithaca Energy

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Investments & Acquisitions by Ithaca Energy

Ithaca Energy has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Siccar Point Energy and Summit Exploration and Production.

Investments
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Investment portfolio details for Ithaca Energy

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Exploration and production in the North Sea are conducted.
Locked Locked 2014 Locked
Oil and gas exploration and production activities are conducted globally.
Locked Locked 2014 Locked
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Complete acquisition details for Ithaca Energy

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Financial Statements - Ithaca Energy

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Detailed financials for Ithaca Energy

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Ithaca Energy Comparisons

Ithaca Energy Primary company
Description
Oil and natural gas exploration services are provided global...
Location
Shoreview, United States
Founded Year
2004
Annual Revenue
$1.94 B (USD)
Net Profit
$150.18 M (USD)
EBITDA
$1.35 B (USD)
Employees
800
As of 2024
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Peer comparison for Ithaca Energy

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Competitors of Ithaca Energy

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Detailed competitors of Ithaca Energy

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Latest news on Ithaca Energy

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Complete news archive for Ithaca Energy

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Frequently Asked Questions about Ithaca Energy

Ithaca Energy was founded in 2004 and raised its 1st funding round 6 years after it was founded.

Ithaca Energy is headquartered in Shoreview, United States. It is registered at Shoreview, Minnesota, United States.

Les Thomas is the current CEO of Ithaca Energy.

As of Dec 31, 2024, the latest employee count at Ithaca Energy is 800.

Annual revenue of Ithaca Energy is $1.94B as on Dec 31, 2024.

Ithaca Energy is focused on the production of oil and gas in the North Sea region. Operations are conducted with an emphasis on safety, efficiency, and sustainability. The company is committed to meeting the UKs energy needs while supporting decarbonization targets. A portfolio of assets is managed responsibly in collaboration with partners and suppliers. Innovation is embraced to address changing industry demands. The business combination with Eni UK is aimed at creating growth opportunities and enhancing energy security.

Ithaca Energy offers Oil and Gas Production.

Yes, Ithaca Energy is publicly traded on LSE under the ticker symbol ITH.

Ithaca Energy has made 2 acquisitions, including Siccar Point Energy, and Summit Exploration and Production.

Ithaca Energy has 2 investors. Key investors include Trafigura, and The Delek Group.

The ticker symbol of Ithaca Energy is ITH on LSE.

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