Welcome to our dedicated page for Zefiro Methane news (Ticker: ZEFIF), a resource for investors and traders seeking the latest updates and insights on Zefiro Methane stock.
Zefiro Methane Corp. (OTCQB: ZEFIF) generates a steady stream of company news centered on methane abatement, environmental services, and energy infrastructure projects. As an environmental services company operating within the oil and gas equipment and services space, Zefiro regularly reports on field operations, financial performance, and developments in its carbon offset activities.
Recent news has highlighted the work of Zefiro’s subsidiary Plants & Goodwin, Inc. (P&G), which executes plug and abandonment and infrastructure-improvement projects across multiple U.S. states. Updates have included the permanent decommissioning of marginal gas wells at a power plant site in Western Pennsylvania and a multi-step remediation program on previously plugged wells in the Lake Charles region of Louisiana to support construction of a new energy infrastructure facility.
Investors following ZEFIF news can expect coverage of project awards and completions, such as federally funded orphan well initiatives and contracts with private infrastructure developers. The company also issues releases on financial results, including quarterly and year-end earnings, revenue trends, expense management, and free cash flow, as well as information about debt reduction and balance sheet initiatives.
Additional news topics include carbon market activity, where Zefiro reports on the issuance and sale of methane-related carbon credits under methodologies like American Carbon Registry Project 959, and corporate governance and shareholder matters, such as annual and special meetings, insider share purchases, and board-level investigations or policy changes. For readers tracking the intersection of environmental remediation, methane reduction, and carbon markets, the ZEFIF news feed offers ongoing insight into Zefiro’s operations, contracts, and strategic focus.
Zefiro Methane (OTCQB:ZEFIF) reported Fiscal Q3 2026 revenue of $11.0 million, up over 58% year-over-year, with gross profit of $2.56 million and reduced operating expenses. Year-to-date, revenue reached $33.2 million, gross profit about $10.7 million, and adjusted EBITDA approximately $4.25 million.
Zefiro cut total debt by about 33% to $8.2 million, raised CAD $4.5 million in strategic equity, and bought Viking Well Service’s equipment fleet for $4.3 million, which management expects could add roughly $10 million in annual revenue. FY2026 revenue is anticipated to exceed $40 million.
Zefiro (OTCQB: ZEFIF) completed a USD $4.3 million acquisition of Viking Well Service equipment, adding five derrick rigs, two rig-assist snubbing units and other gear.
The purchase expands operations into five new states (NJ, MI, IN, IL, IA), grows Zefiro's footprint to 13 states, and is expected to add approximately USD $10 million in annual revenue based on internal day-rate and utilization projections. Payment includes USD $1.4 million cash and a USD $2.9 million seller's note bearing 7% interest, balloon due April 30, 2027.
Zefiro (OTCQB: ZEFIF) completed pre-plugging methane measurements for 849 wells in West Virginia from October 2025 through April 2026, generating approximately USD $850,000 of revenue and expecting about USD $450,000 more from post-plugging readings.
The company reported these readings produced roughly double the profit margin versus typical plug-and-abandonment work and used a proprietary, patent-pending wellhead containment solution to improve measurement accuracy and speed.
Zefiro (OTCQB: ZEFIF) announced its subsidiary Plants & Goodwin completed two commercial deployments of Radial Casing Solutions' patented REED downhole casing expansion tool, generating the company's first revenue from that intellectual property.
Over the past two fiscal quarters combined, related operations produced more than USD $22 million in revenue and USD $3.8 million adjusted EBITDA, and P&G holds an exclusive U.S. patent license for RCS technology.
Zefiro Methane (OTCQB: ZEFIF) said subsidiary Plants & Goodwin will begin multiple remediation and methane-monitoring projects in FQ4 2026 across Ohio, West Virginia, New York, and Pennsylvania.
Key metrics: a USD $19.6M three-year ODNR CMAR contract (≈USD $500k revenue in FQ4 2026; ~USD $19.1M thereafter), Wood 12F work valued ≈USD $4.5M (≈USD $1.6M revenue in FQ4 2026), Richland 5 (USD $816,332.50), and ≈USD $1.4M from wastewater disposal well remediation. Methane monitoring expands into Pennsylvania; ~12.5% of West Virginia measures remain.
Zefiro (OTCQB: ZEFIF) reported strong FQ3 2026 operational performance for January–March 2026, with approximate revenue of $11.0M (up >50% YoY from ~$6.94M) and expanded U.S. activity.
Key achievements: 13 of 37 wells completed in Wood 12F ($4.5M project), Richland 5 awarded ($816,332.50), Louisiana project (> $5M) finished three weeks early, contractor license obtained, and 407 wells methane-quantified.
Zefiro Methane (OTCQB: ZEFIF) settled $674,846 CAD of debt by issuing 1,533,741 common shares at $0.44 CAD per share on March 27, 2026. The Debt Settlements convert outstanding obligations into equity, reducing cash liabilities and strengthening the balance sheet.
One participant, director/officer Catherine Flax's spouse, settled a promissory note (USD $468,000) and received Debt Shares; this was a related party transaction reviewed by the board with Ms. Flax abstaining. All issued shares are subject to a statutory four-month-and-one-day hold.
Zefiro (OTCQB: ZEFIF) reported initial 2026 momentum after a decisive proxy-vote win that preserved incumbent management and added investor Hudheifa Moawalla to the board. The company posted approximately $3.8M Adjusted EBITDA and $0.3M Net Income in the first two fiscal quarters, and will prioritize Plug & Abandonment operations and emissions monitoring while growing carbon origination.
Notable commercial wins include a $5M Lake Charles remediation contract, a $1.3M MERP emissions scope and resale of orphan-well carbon offsets to major traders.
Zefiro Methane Corp (OTCQB: ZEFIF) held its annual and special meeting on March 20, 2026, where management's full five‑person slate was elected and received the highest votes. 78,569,485 shares (86.7%) were represented at the meeting.
Shareholders also re‑appointed Reliant CPA as auditors, ratified the amended advance notice policy, and approved the company's stock option plan. Vote totals for each nominee were disclosed, with management nominees receiving roughly 55.3M votes each and dissident nominees roughly 21.84M each.
Zefiro Methane Corp. (OTCQB: ZEFIF) reported operational and financial progress since June 2025 under new leadership. Key disclosed metrics include Q3'26 revenue ~ $10.0M, a target run rate of $40.0M for FY2026, $3.8M Adjusted EBITDA and $300k net income for the first half of fiscal 2026.
Other milestones: parent debt reduced materially, sale of 92,956 metric tonnes of carbon credits, >$25M in Ohio government contracts, expansion into Louisiana with a >$5M project, and >800 wells monitored under MERP.