Analyst Price Target is GBX 11
▲ +193.33% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Zephyr Energy in the last 3 months. The average price target is GBX 11, with a high forecast of GBX 13 and a low forecast of GBX 9. The average price target represents a 193.33% upside from the last price of GBX 3.75.
Current Consensus is
Buy
The current consensus among 2 investment analysts is to buy stock in Zephyr Energy.
Zephyr Energy plc (AIM: ZPHR) (OTCQB: ZPHRF) is a technology-led oil and gas company focused on responsible resource development from carbon-neutral operations in the Rocky Mountain region of the United States. The Company's mission is rooted in two core values: to be responsible stewards of its investors' capital, and to be responsible stewards of the environment in which it works.
Zephyr's flagship asset is an operated 46,000-acre leaseholding located in the Paradox Basin, Utah, 25,000 acres of which has been assessed to hold, net to Zephyr, 2P reserves of 2.6 million barrels of oil equivalent ("mmboe"), 2C resources of 34 mmboe and 2U resources 270 mmboe.
In addition to its operated assets, the Company owns working interests in a broad portfolio of non-operated producing wells across the Williston Basin in North Dakota and Montana. Cash flow from the Williston production will be used to fund the planned Paradox Basin development. In addition, the Board will consider further opportunistic value-accretive acquisitions.
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