In this work, we perform Lie group analysis on a fifth-order integrable nonlinear partial differential equation, which was recently introduced in the literature and contains two dispersive terms. We determine a one-parameter group of transformations, an optimal system of group invariant solutions, and derive the corresponding analytic solutions. Topological kink, periodic and power series solutions are obtained. The existence of a variational principle for the underlying equation is proven using Helmholtz conditions and, thereafter, both local and nonlocal conserved quantities are obtained by utilising Noether’s theorem and a homotopy integral approach.