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) highlighted growing revenue from well-plugging services tied to power infrastructure and AI data center energy projects. The company reports expanded equipment and crews, enabling more plug-and-abandonment work for utilities, E&P firms, and government clients across multiple U.S. states.
Recent projects include a three-month Indiana County, Pennsylvania job supporting a coal-to-gas plant conversion, and a USD $5 million Lake Charles, Louisiana remediation project completed three weeks early. Management views these infrastructure contracts as an important part of Zefiro's long-term growth strategy.
Zefiro Methane (OTCQB: ZEFIF) announced that subsidiary Plants & Goodwin was awarded three Ohio Department of Natural Resources contracts to plug 12 orphan wells in Ohio. According to Zefiro, the projects are expected to generate about USD $2.4 million in revenue in fiscal Q1 2027 at an average rate nearly $200,000 per well, roughly 50% above ODNR’s 2022 average. The work is federally funded under the Infrastructure Investment and Jobs Act and adds to existing ODNR projects including a $4.5 million Wood 12F contract and a construction manager at risk engagement projected to bring in about $19.6 million through May 2029.
Zefiro Methane (OTCQB: ZEFIF) and subsidiary P&G have onboarded four new corporate energy clients, including three public companies with a combined market cap above USD $140 million. The added fleet capacity and recent rig acquisition are expected to contribute about USD $10 million in annual revenue.
Most new work, focused on well plug-and-abandonment and remediation, will occur in Ohio alongside a three-year USD $19.6 million CMAR contract running through May 2029. Operations are also expanding into Indiana, bringing activity to 13 U.S. states. P&G has hired 20 employees and plans at least 20 more.
Zefiro Methane (OTCQB: ZEFIF) appointed Correne Loeffler as Chief Financial Officer effective June 1, 2026, succeeding interim CFO Michael Downs. Loeffler, a Zefiro board member since April 2025, brings 20+ years of energy-sector finance leadership and will also serve on the Board as Executive Chair.
She will lead finance, accounting, financial strategy, planning, reporting, and support investor relations and growth initiatives. Downs, who helped improve profitability, reduce debt, raise equity, and integrate a recent acquisition, will remain a strategic partner. Hudheifa Moawalla becomes Chair of the Audit Committee.
Zefiro Methane (OTCQB: ZEFIF) will deploy a second and third P&G rig in 2026 for a major U.S. natural gas producer’s plug-and-abandonment campaign.
The client program covers at least 26 wells/b) across NY, PA, WV, and KY, enabled by a recent equipment acquisition and supported by USD $33M revenue and USD $4.25M adjusted EBITDA over the last three fiscal quarters.
CEO.CA, a leading investor social network and EarthLabs subsidiary, featured Zefiro Methane (OTCQB: ZEFIF) on its 'Inside the Boardroom' series. CEO Catherine Flax discussed fiscal Q3 2026, highlighting three consecutive profitable quarters, 60% year-over-year revenue growth, and a recent equipment acquisition aimed at supporting accelerated Q4 growth.
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.