Tuesday, July 1, 2025
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Artificial Intelligence

Zefiro Methane Corp. 2024 Year in Review: Accelerating Commercial Growth and Operational Impact

December 20, 2024
in Artificial Intelligence, GlobeNewswire, Web3
Reading Time: 13 mins read
5
SHARES
243
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

FORT LAUDERDALE, Fla., Dec. 19, 2024 (GLOBE NEWSWIRE) — ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B) (OTCQB: ZEFIF) (the “Company”, “Zefiro”, or “ZEFI”), an environmental services company specializing in methane abatement operations, took numerous steps in 2024 to accelerate the Company’s profitability and commercial momentum. Specifically, Zefiro’s success over the past twelve months can be attributed to its execution of the Company’s strategy to expand its commercial footprint in critical marketplaces across North America and generate industry-leading, American Carbon Registry-approved carbon credits via an expanding, nationwide orphaned oil and gas well plugging operation.

By actively advancing numerous strategic initiatives and bolstering its internal infrastructure throughout 2024, Zefiro is poised to remain at the forefront of the environmental services industry and reach yet another slate of notable accomplishments in the year ahead.

The Company’s 2024 highlights include:

  • Recording consolidated revenues of USD $32.8 million and a positive adjusted EBITDA (that was doubled over the previous quarter) on the Company’s 2024 year-end earnings report;
  • Facilitating an Initial Public Offering (IPO) on the Cboe Canada, Inc. stock exchange, with a subsequent listing on the Frankfurt Stock Exchange. Zefiro’s common shares are also now quoted on the OTCQB in the U.S. under the symbol ZEFIF;
  • Expanding the Company’s well plugging operations across the nation, including projects in West Virginia, Pennsylvania, Oklahoma, and Ohio;
  • Entering into a landmark methane abatement offset market-setting presale agreement with EDF Trading, adding to Zefiro’s pipeline of carbon offset pre-sales with the first delivery of offset products set to take place in the new year;
  • Finalizing a number of strategic acquisitions and corporate partnerships, including the whole-sale acquisition of Plants & Goodwin, a Pennsylvania-based oil and gas well plugging operation;
  • Bolstering the Company’s senior leadership team by appointing longtime Wells Fargo executive Mohit Gupta as the Chief Financial Officer and Bain & Company alumnus Richard Walker to serve as Chief Technology Officer; and
  • Featuring at numerous leading industry conferences and events, including UN COP29, NYC Climate Week, Wall Street Green Summit, Argus Europe Climate Conference, and more.

Crew members contracted by Zefiro subsidiary Plants & Goodwin on-site at an Ohio-based well plugging operation in November 2024.

Crew members contracted by Zefiro subsidiary Plants & Goodwin on-site at an Ohio-based well plugging operation in November 2024.

Readers using news aggregation services may be unable to view the link provided above. Please access SEDAR+ or the Investors section of the Company’s website for a version of this press release containing links and media.

Zefiro Founder and Chief Executive Officer Talal Debs commented, “From our plugging crews completing projects across the country to our expert team of carbon market specialists connecting with customers throughout the world, we have strived to invest in the resources needed to position each of our dedicated team members for success. The string of new milestones that we have been able to achieve over the past twelve months is directly linked to our senior management team’s commitment to that process, and I am incredibly proud that the progress that our team has earned in 2024 will guide our positive commercial momentum well into the future.”

Zefiro Chief Financial Officer Mohit Gupta commented, “2024 has been a transformative year for Zefiro, and our ability to garner sustainable, increasing returns for our investors is a direct result of the unwavering dedication and expertise of our entire team. Through consistent execution of our comprehensive, client service-oriented strategy, we have established our position as a market leader, forged a consistent pipeline of project opportunities, and helped more communities safeguard public health.”

About Zefiro Methane Corp.

Zefiro is an environmental services company, specializing in methane abatement. Zefiro strives to be a key commercial force towards Active Sustainability. Leveraging decades of operational expertise, Zefiro is building a new toolkit to clean up air, land, and water sources directly impacted by methane leaks. The Company has built a fully integrated ground operation driven by an innovative monetization solution for the emerging methane abatement marketplace. As an originator of high-quality U.S.-based methane offsets, Zefiro aims to generate long-term economic, environmental, and social returns.

On behalf of the Board of Directors of the Company,

ZEFIRO METHANE CORP.

“Talal Debs”

Talal Debs, Founder & CEO

For further information, please contact:

Zefiro Investor Relations
1 (800) 274-ZEFI (274-9334)
investor@zefiromethane.com

For media inquiries, please contact:

Rich Myers – Profile Advisors (New York)
media@zefiromethane.com
+1 (347) 774-1125

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information is often, but not always, identified by the use of words such as “seeks”, “believes”, “plans”, “expects”, “intends”, “estimates”, “anticipates” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. In particular, this news release contains forward-looking information including statements regarding: the Company’s intention to reduce emissions from end-of-life oil and gas wells and eliminate methane gas; the Company’s partnerships with industry operators, state agencies, and federal governments; the Company’s expectations for continued increases in revenues and EBITDA growth as a result of these partnerships; the Company’s intentions to build out its presence in the United States; the anticipated federal funding for orphaned well site plugging, remediation and restoring activities; the Company’s expectations to become a growing environmental services company; the Company’s ability to provide institutional and retail investors alike with the opportunity to join the Active Sustainability movement; the Company’s ability to generate long-term economic, environmental, and social returns; and other statements regarding the Company’s business and the industry in which the Company operates. The forward-looking information reflects management’s current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking information. Although the Company believes that the assumptions and factors used in preparing the forward-looking information are reasonable, undue reliance should not be placed on such information and no assurance can be given that such events will occur in the disclosed timeframes or at all. Factors that could cause actual results or events to differ materially from current expectations include, but are not limited to: (i) adverse general market and economic conditions; (ii) changes to and price and volume volatility in the carbon market; (iii) changes to the regulatory landscape and global policies applicable to the Company’s business; (iv) failure to obtain all necessary regulatory approvals; and (v) other risk factors set forth in its Prospectus dated April 8, 2024 under the heading “Risk Factors”. The Company operates in a rapidly evolving environment where technologies are in the early stage of adoption. New risk factors emerge from time to time, and it is impossible for the Company’s management to predict all risk factors, nor can the Company assess the impact of all factors on Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking information. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including, but not limited to, the assumption that general business and economic conditions will not change in a materially adverse manner. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The forward-looking information included in this news release is made as of the date of this news release and the Company expressly disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable law.

Statement Regarding Third-Party Investor Relations Firms

Disclosures relating to investor relations firms retained by Zefiro Methane Corp. can be found under the Company’s profile on SEDAR+ at http://www.sedarplus.ca/.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6a438934-f40c-440b-b8a7-af17ae78c414

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.
ShareTweet1ShareSendShare2
Previous Post

Shipsi 3PL Solution Brings Cutting-Edge Tech to Middle and Last Mile Delivery

Next Post

Silvaco Announces that The Ninth Circuit affirmed the dismissal of all claims against Silvaco brought by Aldini AG

Related Posts

BSTR Miner launches next-generation cloud mining platform: AI-driven, multi-currency support, Dogecoin mining threshold drops to a new low

London, UK, July 01, 2025 (GLOBE NEWSWIRE) -- In the wave of continued expansion of the global cryptocurrency market, BSTR Miner, which has been deeply involved in blockchain infrastructure for 6 years, officially launched a revolutionary cloud mining platform today. The platform uses patented adaptive revenue enhancement technology (A.R.E.T) to...

Read moreDetails

Registration of share capital increase in IDEX Biometrics – 1 July 2025

Reference is made to the following disclosures by IDEX Biometrics ASA: 15 June 2025: Issue of 299,381,600 new shares to employees, contractors and directors in IDEX.23 June 2025: Issue of 5,412,932 new shares in lieu of cash board remuneration as approved by the annual general meeting held on 21 May...

Read moreDetails

Virtune announces the listing of Virtune Coinbase 50 Index ETP, its flagship product, on Euronext Paris

Paris, July 1st, 2025 – Virtune AB, the Swedish regulated crypto asset manager, today announced the listing of Virtune Coinbase 50 Index ETP (VCOIN50) on Euronext Paris. The exchange-traded product (ETP) is now available to investors in France through brokers and banks. Virtune has experienced sustained demand for digital assets...

Read moreDetails

Virtune is listing Virtune Coinbase 50 Index ETP on Euronext Amsterdam and Paris

Stockholm, July 1st, 2025 – Virtune, the Swedish regulated crypto asset manager, today announced the listing of Virtune Coinbase 50 Index ETP (VCOIN50) on Euronext Amsterdam and Paris. The exchange-traded product (ETP) is now available to investors in the Netherlands and France through brokers and banks. The product is also...

Read moreDetails

Virtune announces the listing of Virtune Coinbase 50 Index ETP, its flagship product, on Euronext Amsterdam

Amsterdam, July 1st, 2025 – Virtune AB, the Swedish regulated crypto asset manager, today announced the listing of Virtune Coinbase 50 Index ETP (VCOIN50) on Euronext Amsterdam. The exchange-traded product (ETP) is now available to investors in the Netherlands through brokers and banks such as Degiro. Virtune has experienced sustained...

Read moreDetails

United States IT Spending Market is Booming and Expected to Hit USD 1.9 Trillion by 2033

Market Overview 2025-2033The United States IT spending market size reached USD 1.4 Trillion in ​2024​. Looking forward, IMARC Group expects the market to reach USD 1.9 Trillion by ​2033​, exhibiting a growth rate (CAGR) of 3.8% during ​2025-2033​. The market is experiencing robust growth, driven by the rising demand for...

Read moreDetails

slice launches flagship credit card and India’s first UPI-Powered Bank Branch

Introducing breakthrough UPI credit card, the slice super cardReimagining banking experience by bringing digital elegance to a physical locationUnveiling the UPI ATM that accepts cash depositsBENGALURU, India, July 1, 2025 /PRNewswire/ -- slice, which aims to bring banking to every Indian, today launched the slice UPI credit card, a breakthrough credit...

Read moreDetails

UST to Host ‘Capture The Flag’ Competition at its GenCyS 2025 Conference; Announces Rewards Worth Rs 7.5 Lakh

Winning team to get a cash prize of Rs. 1.5 lakhOver 1,000 teams and 4,000 attendees are expected to participate in this year's event THIRUVANANTHAPURAM, India, July 1, 2025 /PRNewswire/ -- UST, a leading digital transformation solutions company, has announced its upcoming global virtual cybersecurity conference, GenCyS 2025 on August 23–24, 2025, aimed...

Read moreDetails

Over half of sports fans are turning to AI or gen AI for more personalized content

Press contact:Elsa Estager BergerouTel: +33 6 59 62 55 13Email: elsa.estager-bergerou@capgemini.com Over half of sports fans are turning to AI or gen AI for more personalized content AI has overtaken traditional search engines as the main source for sports information, with 67% of fans wanting all sports data aggregated in...

Read moreDetails

Lay jury verdict in the TriZetto trial

                                                                Press Release Lay jury verdict in the TriZetto trial Paris – July 1st, 2025. Atos Group acknowledges that,...

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Top Cross-Chain DeFi Solutions to Watch by 2025

    38 shares
    Share 15 Tweet 10
  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    67 shares
    Share 27 Tweet 17
  • Discover 2025’s Top 5 Promising Low-Cap Crypto Gems

    57 shares
    Share 23 Tweet 14
  • Top 5 Wallets for Seamless Multi-Chain Trading in 2025

    36 shares
    Share 14 Tweet 9
  • Web 3.0 Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis

    6 shares
    Share 2 Tweet 2
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

Web 3.0 and AI Summit 2025

2025-09-11
Frankfurt
Summit

Latest on Web3Wire

  • BSTR Miner launches next-generation cloud mining platform: AI-driven, multi-currency support, Dogecoin mining threshold drops to a new low
  • Registration of share capital increase in IDEX Biometrics – 1 July 2025
  • Virtune announces the listing of Virtune Coinbase 50 Index ETP, its flagship product, on Euronext Paris
  • Virtune is listing Virtune Coinbase 50 Index ETP on Euronext Amsterdam and Paris
  • Virtune announces the listing of Virtune Coinbase 50 Index ETP, its flagship product, on Euronext Amsterdam

RSS Latest on Block3Wire

  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age
  • Cathedra Bitcoin Announces Leasing of 2.5-MW Bitcoin Mining Facility
  • Global Web3 Payments Leader, Banxa, Announces Integration With Metis to Usher In Next Wave of Cryptocurrency Users
  • Dexalot Launches First Hybrid DeFi Subnet on Avalanche

RSS Latest on Meta3Wire

  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
  • MetatronAI.com Unveils Revolutionary AI-Chat Features and Interface Upgrades
  • Purely.website – Disruptive new platform combats rising web hosting costs
  • WEMADE and Metagravity Sign Strategic Alliance MOU to Collaborate on Blockchain Games for the Metaverse
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Whitepaper | Tokenomics

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Media Portfolio: Block3Wire | Meta3Wire

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!
Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.