Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Zephyr Energy ( (GB:ZPHR) ) has provided an announcement.
Zephyr Energy has disclosed that non-executive director Tom Reynolds has increased and restructured his holding in the company by purchasing 466,667 ordinary shares at an average price of 2.82 pence and transferring a further 1,033,333 shares into his pension. Following these transactions, Reynolds now has a beneficial interest in 1.5 million ordinary shares, representing about 0.07% of Zephyr’s issued share capital, a move likely to be read by investors as a signal of board-level confidence and longer-term alignment with shareholders as the company advances its Rocky Mountain-focused growth strategy.
The most recent analyst rating on (GB:ZPHR) stock is a Sell with a £3.00 price target. To see the full list of analyst forecasts on Zephyr Energy stock, see the GB:ZPHR Stock Forecast page.
Spark’s Take on GB:ZPHR Stock
According to Spark, TipRanks’ AI Analyst, GB:ZPHR is a Neutral.
Zephyr Energy’s overall stock score is primarily influenced by its strategic corporate events, which provide a positive outlook despite current financial and technical challenges. The company’s ability to secure financing and expand its asset base is a significant strength, offsetting some of the risks associated with its current financial performance and valuation.
To see Spark’s full report on GB:ZPHR stock, click here.
More about Zephyr Energy
Zephyr Energy plc is a technology-led oil and gas company focused on responsible resource development in the Rocky Mountain region of the United States. Its flagship operated asset is the 46,000-acre Paradox project in Utah, which holds independently assessed 2P reserves of 35.3 million barrels of oil equivalent and total recoverable resources of 74.2 million boe, supplemented by a portfolio of non-operated production interests across the Williston and other Rocky Mountain basins supported by a US$100 million strategic partnership to accelerate growth and cash flow.
Average Trading Volume: 4,048,829
Technical Sentiment Signal: Hold
Current Market Cap: £63.02M
See more data about ZPHR stock on TipRanks’ Stock Analysis page.