Zefiro Methane Stock Price, News & Analysis

Zefiro Methane Corp. (OTCQB: ZEFIF) announced that its subsidiary Plants & Goodwin (P&G) has secured a new $522,233 contract from the Ohio Department of Natural Resources (ODNR) for well-plugging work in Morrow County, near Columbus. The Morrow 8 project involves plugging four orphan wells and excavating two additional wells.

This award follows P&G's recent successes in Ohio, including a $420,784 project in Belmont County and a significant $19.6 million Construction Manager at Risk contract from ODNR. P&G has already remediated 28 wells in 2025 under Ohio's state-funded program, with 23 more wells under contract. The company, with over 100 crew members, has been operating in the Appalachia region for 55 years.

Zefiro Methane Corp. (OTCQB: ZEFIF) announced its subsidiary Plants & Goodwin (P&G) has secured the Belmont 6 project from the Ohio Department of Natural Resources (ODNR), valued at USD $420,784.45. The project involves decommissioning and environmental remediation of four orphaned oil and gas wells in Belmont County, Ohio.

P&G won the contract with the lowest bid among eight contractors, with competing bids ranging from USD $434,189.00 to USD $792,123.50. The company expects to achieve a 20% profit margin on this project. This award follows P&G's recent USD $19.6 million Construction Manager at Risk contract from ODNR, as well as earlier projects involving 50 wells throughout Ohio and 10 wells in Ashtabula County.

The Belmont 6 project encompasses four specific wells: Polivka #1, Ronald Rice #3, Rice EJ #1, and Rice EJ #2, with depths ranging from 1,034 to 4,000 feet, requiring various remediation approaches due to their different conditions and locations.

Zefiro Methane Corp's subsidiary Plants & Goodwin (P&G) has secured a significant USD $19.6 million Construction Manager at Risk (CMAR) contract from the Ohio Department of Natural Resources. The three-year contract, funded through a federal grant program, focuses on managing plugging and abandonment activities for approximately 200 high-priority marginal oil and gas wells across Ohio to reduce methane emissions. While the contract award has been confirmed, final execution is pending management fee negotiations and receipt of a waiver from the State Controlling Board. The project is expected to have a material impact on Zefiro's operations and financial results, leveraging P&G's existing Ohio-based assets and workforce while creating long-term employment opportunities in the state.

Zefiro Methane Corp (ZEFIF) has appointed Catherine Flax as its Interim Chief Executive Officer, following the departure of Talal Debs. Flax, who already serves on Zefiro's Board of Directors, brings extensive Wall Street experience, having previously held positions as Head of Commodity Derivatives at BNP Paribas and CEO of Commodities EMEA at J.P. Morgan. Named Most Influential Woman in European Investment Banking by Financial News in 2012, she has been actively involved in Zefiro's publicity efforts throughout 2025. The company, positioning itself as North America's largest well plugging operation and carbon offset originator, aims to capitalize on opportunities in the U.S. energy and resource sectors under Flax's leadership.

Zefiro Methane Corp (ZEFIF) has announced key leadership changes with Correne Loeffler appointed as Audit Committee Chair and Michael Downs as interim CFO, following the resignation of Mohit Gupta. Loeffler, with over 20 years of corporate and investment banking experience, previously served as CFO at Key Energy Services, where she strengthened the company's financial position post-2020 restructuring. She will lead the search committee for a permanent CFO. Michael Downs brings 25+ years of finance and operations experience in the energy sector, having held senior positions at Atlas Energy and Falcon Minerals. These appointments aim to strengthen Zefiro's financial standing and accelerate growth in well plugging and methane reduction services across North America.

Zefiro Methane Corp (ZEFIF) has published a comprehensive whitepaper detailing its Zefiro Lifecycle Solution (ZLS), an AI-powered environmental technology platform. The 18-page document outlines how ZLS uses artificial intelligence and blockchain for methane leak measurement, well selection, and environmental data management. The platform features a user-friendly dashboard providing transparency for stakeholders and integrates with various measurement devices. Authored by CTO Richard Walker, who brings over 30 years of enterprise technology experience, the whitepaper explains ZLS's role in accelerating carbon credit issuance through data aggregation and verification. The platform, initially announced in 2024, represents Zefiro's evolution as an integrated environmental services company, developed in collaboration with partners including CarbonAi, Keynum, and Geolabe.

Zefiro Methane Corp (ZEFIF) has secured a USD $2.48M loan to resolve a payment issue related to a $2M promissory note from its 2023 acquisition of Plants & Goodwin. The loan, carrying an 18% annual interest rate and 18-month term, is secured by Plants & Goodwin common stock. The company issued 14.95M warrants to lenders at CAD $0.23 per share with a three-year term. Director Catherine Flax participated with an $800,000 loan portion. For FQ3 2025, Zefiro reported revenue of $6.9M (8.7% lower than FQ2) but achieved a 73.7% increase in gross profit to $1M. Year-to-date revenue reached $24.4M, up 5% from the same period in 2024, despite industry slowdowns and economic volatility.

Zefiro Methane Corp (ZEFIF) reported Q3 fiscal 2025 results with revenue of $6.9M USD, down from $8.5M in Q3 2024. The company posted a gross profit of $1.0M, marking a 73.7% increase from Q4 2024. Year-to-date revenue grew 5% to $24.4M compared to the previous year. However, Zefiro faces challenges with a net loss of $3.5M and received a Notice of Failure to Pay for a $2M promissory note related to the P&G acquisition. The company is expanding its operational footprint in the U.S., working with state agencies like ODNR to remediate orphaned oil and gas wells. Zefiro's "Loyal to the Land" initiative offers free well remediation services to qualifying landowners. The company has expanded operations from 4 to 6 states and is preparing to deliver its first tranche of carbon credits to customers including Mercuria Energy and EDF Trading. Zefiro has also implemented AI-enabled analytics expected to improve efficiency by 50%.

Zefiro Methane Corp (ZEFIF) announced that its subsidiary Plants & Goodwin (P&G) has secured new contracts for well remediation projects. The contracts include 10 wells in Ashtabula County from the Ohio Department of Natural Resources (ODNR), adding to the 50 wells awarded in January 2025, of which 28 have been completed. Additionally, P&G obtained contracts from two private-sector clients in Pennsylvania for plugging 15 oil and gas wells.

The company recently completed 18 wells in Clarion County, Pennsylvania, including a significant $500,000 project addressing toxic water contamination. These developments demonstrate Zefiro's expanding presence in the Appalachian region's environmental remediation sector.