GBC AG Initiates Coverage of Zefiro Methane Corp. with a BUY Rating

GBC AG has initiated coverage of Zefiro Methane Corp., assigning a BUY rating with a target price of USD 1.50. This decision is based on Zefiro's unique approach to addressing long-term demand for methane abatement and well remediation in the US. With approximately two million inactive oil and gas wells remaining unplugged, the market for remediation is significant. Current funding, such as the USD 4.7 billion from the Infrastructure Investment and Jobs Act, represents only a fraction of the USD 280 billion estimated cost for plugging these wells.

Zefiro has expanded to 13 US states and increased its revenue capacity by acquiring rigs from Viking Well Service. The company has achieved notable financial improvements, increasing revenue by 35.8% and improving EBITDA significantly. For fiscal year 2026/27, revenue is expected to increase to USD 57.92 million, with future growth driven by resuming the carbon credit business. Analysts predict Zefiro will benefit from both government programs and private sector demand due to its integrated platform and equipment expansion.