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Zenith Energy
(LSE:ZEN)
Zenith Energy (ZEN) vs. iShares MSCI United Kingdom ETF (EWC)
Zenith Energy Business Overview & Revenue Model
Zenith Energy Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.15M | 2.15M | 1.79M | 13.16M | 8.24M | 596.00K |
| Gross Profit | 446.00K | 80.00K | -3.23M | 2.66M | 3.78M | -1.84M |
| EBITDA | 10.59M | 9.41M | -33.42M | -4.94M | -2.00M | -1.60M |
| Net Income | 1.09M | 1.09M | -42.37M | -12.83M | 64.44M | 3.52M |
Balance Sheet | ||||||
| Total Assets | 164.72M | 164.72M | 140.02M | 262.91M | 259.30M | 119.44M |
| Cash, Cash Equivalents and Short-Term Investments | 3.20M | 3.20M | 207.00K | 1.44M | 1.15M | 1.63M |
| Total Debt | 48.50M | 48.50M | 41.68M | 33.94M | 18.34M | 12.74M |
| Total Liabilities | 99.09M | 99.09M | 90.04M | 171.26M | 156.21M | 95.63M |
| Stockholders Equity | 65.63M | 65.63M | 49.98M | 91.65M | 103.09M | 23.80M |
Cash Flow | ||||||
| Free Cash Flow | -11.38M | -11.38M | -4.24M | -16.27M | -13.19M | -9.87M |
| Operating Cash Flow | -10.97M | -10.97M | -4.19M | -15.84M | -13.13M | -9.81M |
| Investing Cash Flow | 1.24M | 1.24M | -593.00K | -430.00K | -2.17M | -202.00K |
| Financing Cash Flow | 12.71M | 12.71M | 3.55M | 16.56M | 14.82M | 10.43M |
Zenith Energy Technical Analysis
Zenith Energy Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
53 Neutral | £15.78M | ― | ― | ― | ― | ― | |
53 Neutral | £19.25M | -2.37 | -45.38% | ― | ― | ― | |
50 Neutral | £19.05M | -1.83 | -56.16% | ― | ― | ― | |
49 Neutral | £20.51M | -20.28 | -1.55% | ― | 65.32% | 97.00% | |
47 Neutral | £22.95M | -1.15 | -31.10% | ― | -2.69% | -5.00% | |
47 Neutral | £27.30M | -7.79 | -12.26% | ― | ― | ― |
Zenith Energy Corporate Events
Zenith Energy has acquired a 10 MWp agrivoltaic solar development project in Italy’s Piedmont region through its subsidiary WESOLAR, paying up to €768,215 for the land subject to permits and targeting Ready-to-Build status within 12–15 months. The project deepens the company’s presence in one of Italy’s most industrialised and power-hungry areas, bringing its Italian solar portfolio to 120.5 MWp across Piedmont, Puglia and Lazio and enhancing the potential value of a pipeline that was independently valued at €27.5m when it stood at 110.5 MWp; Zenith plans to keep advancing projects to Ready-to-Build, selectively sell parts of the pipeline and construct chosen assets, while pursuing further acquisitions as it builds scale in the country’s rapidly growing photovoltaic market.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £3.50 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy has strengthened the legal team representing its UK subsidiary claimants in arbitration proceedings against the Republic of Tunisia at the International Centre for Settlement of Investment Disputes by appointing Andrea Pinna, a partner at international disputes boutique Pinna Goldberg. Pinna, an experienced arbitration counsel with a strong track record in investor-state and energy-sector disputes and in matters involving sovereign immunity, will work alongside the company’s existing high-profile legal advisers as Zenith prepares for final hearings scheduled for April 2026 in its claim under the UK-Tunisia Bilateral Investment Treaty, which seeks redress and compensation for what the company describes as arbitrary and unlawful actions that led to the sequestration and expropriatory termination of its Tunisian operations and assets.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £3.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy Ltd. announced the results of an independent valuation of its solar energy development pipeline, which has a total capacity of 110.5 MWp and is valued at €27.5 million. The company plans to sell a 50% interest in the pipeline once projects reach Ready-to-Build status, with the implied value of this interest being €13.75 million. This valuation supports Zenith’s strategic shift towards solar energy development in Europe, following asset seizures in Tunisia, and reassures shareholders about the value-creation potential of its renewable energy activities.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy Ltd. has expanded its legal team for ongoing arbitration proceedings against the Republic of Tunisia under the UK-Tunisia Bilateral Investment Treaty. The company has appointed Ben Juratowitch KC and Matthieu Gregoire, both experienced barristers in international arbitration, to strengthen its case. This strategic move aims to enhance Zenith’s position in seeking redress for damages suffered by its UK subsidiaries due to alleged unlawful conduct by Tunisian authorities. The upcoming final hearings in April 2026 are anticipated to be pivotal for the company’s future operations and stakeholder interests.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy Ltd. has released its unaudited financial results for the first half of 2025, reporting revenues of CAD$1,090k from oil and natural gas, an increase from the previous year. The company produced no oil from its Tunisian assets but increased electricity sales from its Italian assets, indicating a shift in operational focus and potential strategic adjustments in its asset management.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy Ltd. has faced significant challenges in its Tunisian operations, particularly with the Robbana and El Bibane oil concessions. The Tunisian authorities have obstructed oil sales, leading to financial strain on Zenith’s subsidiary, Ecumed Petroleum Tunisia Ltd (EPT), which has incurred costs of approximately US$2 million. The situation escalated with the unauthorized sale of 3,987 barrels of oil by the Tunisian national oil company, ETAP, without compensation to EPT. This action is part of a broader pattern of alleged unlawful expropriation and breaches of contractual obligations by Tunisian authorities, prompting Zenith to pursue legal remedies to assert its rights and seek justice.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy Ltd. has initiated a tender for constructing solar energy projects in Italy’s Puglia region, with a total capacity of 7 MWp. The first project, Andria-1, is ready to build, while Andria-2 and Barletta-1 are in development and expected to be ready within four months. These projects benefit from favorable grid connections and reduced construction costs, positioning Zenith strategically in the region. The company is negotiating with banks to finance up to 90% of construction costs, aiming to generate revenue from renewable energy and expand its project pipeline.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £3.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy Ltd. has announced the acquisition of a solar energy development project in the Puglia region of Italy, expanding its solar portfolio to over 100 MWp. This acquisition includes a 12 MWp photovoltaic capacity and a 3 MW Battery Energy Storage System, enhancing the company’s strategic presence in Italy’s renewable energy sector. The project is expected to reach Ready-to-Build status within 12-16 months, with Zenith planning to sell portions of its development portfolio to generate immediate profit while also constructing selected assets to create long-term revenue streams. This dual approach aims to strengthen Zenith’s financial profile and support sustained growth in solar and storage markets.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £2.50 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy Ltd. has received approval from the UK Financial Conduct Authority for the publication of its UK prospectus, facilitating the admission of 219,808,136 common shares to the London Stock Exchange’s Main Market. This move, which does not involve issuing new shares, is expected to enhance Zenith’s market presence and provide greater transparency to stakeholders.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £2.50 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy Ltd. announced a partial victory in a legal case against SMP Energies, where the Paris Commercial Court recognized some of Zenith’s claims but awarded only 160,000 EUR in compensation. Despite the court’s acknowledgment of Zenith’s arguments, a larger invoice from SMP remains payable due to contractual terms. Zenith plans to appeal the decision, highlighting the case’s long history and its impact on their operations in the Tilapia oilfield, and remains confident in the company’s strategic direction.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £3.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.