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Zenith Energy Ltd.

NOK 0.52 +$0.08 (+19.44%)

OSL · 15 Sep 2026 14:25 UTC

Previous Close

NOK 0.56

Day Range

NOK 0.51NOK 0.57

Year Range

NOK 0.3NOK 1.34

Market Cap

373.96M

AVG Volume

5.74M

Trailing/Forward PE

-1.83/0.01

PEG ratio

0.02

Dividend Yield

Next Earnings Date

2026-12-02

Primary Exchange

Oslo Stock Exchange

Revenue (CAD)

ZENA.OL Revenue (CAD) by quarter
Period	Revenue (CAD)
25 Q4	622K
25 Q3	622K
25 Q2	545K
24 Q4	618K
24 Q3	618K
24 Q2	455.5K
24 Q1	455.5K
23 Q4	213K
23 Q3	213K
23 Q2	681K

Net Income (CAD)

ZENA.OL Net Income (CAD) by quarter
Period	Net Income (CAD)
25 Q4	-11.84M
25 Q3	-11.84M
25 Q2	1.88M
24 Q4	-2.32M
24 Q3	-2.32M
24 Q2	2.86M
24 Q1	2.86M
23 Q4	-16.62M
23 Q3	-16.62M
23 Q2	-4.57M

Operating Income (CAD)

ZENA.OL Operating Income (CAD) by quarter
Period	Operating Income (CAD)
25 Q4	-3.06M
25 Q3	-3.06M
25 Q2	-3.78M
24 Q4	3.96M
24 Q3	3.96M
24 Q2	30K
24 Q1	30K
23 Q4	-9.97M
23 Q3	-9.97M
23 Q2	-1.68M

EBITDA (CAD)

ZENA.OL EBITDA (CAD) by quarter
Period	EBITDA (CAD)
25 Q4	-933.5K
25 Q3	-933.5K
25 Q2	-1.04M
24 Q4	6.63M
24 Q3	6.55M
24 Q2	-1.29M
24 Q1	-1.29M
23 Q4	-4.46M
23 Q3	-5.6M
23 Q2	-1.47M

Cash Flows (CAD)

ZENA.OL Cash Flows (CAD) by quarter
Period	Cash Flows (CAD)
24 Q4	-1.23M
24 Q3	-1.23M
24 Q2	-4.47M
24 Q1	-4.47M
23 Q4	535.5K
23 Q3	535.5K
23 Q2	-2.66M
23 Q1	-2.66M
22 Q4	-10.62M
22 Q3	-4.64M

EPS (CAD)

ZENA.OL EPS (CAD) by quarter
Period	EPS (CAD)
25 Q4	-0.02
25 Q3	-0.02
25 Q2	0
24 Q4	-0.01
24 Q3	-0.01
24 Q2	0.01
24 Q1	0.01
23 Q4	-0.05
23 Q3	-0.05
23 Q2	-0.02

Expenses (CAD)

ZENA.OL Expenses (CAD) by quarter
Period	Expenses (CAD)
23 Q1	0
22 Q4	436.58K
22 Q3	210K
25 Q4	1.52M
25 Q3	1.52M
25 Q2	1.11M
24 Q4	453K
24 Q3	453K
24 Q2	1.63M
24 Q1	1.63M
23 Q4	3.5M
23 Q3	3.5M
23 Q2	1.87M

Cash & Debt (CAD)

ZENA.OL Cash & Debt (CAD) by quarter
Period	Cash & Debt (CAD)
25 Q4	2.07M
25 Q2	2.41M
24 Q4	3.2M
24 Q3	3.2M
24 Q2	86K
24 Q1	86K
23 Q4	207K
23 Q3	207K
23 Q2	843K
23 Q1	843K

Debt ratios

ZENA.OL Debt ratios by quarter
Period	Debt ratios
25 Q4	13.9
25 Q2	4.7
24 Q4	4.28
24 Q3	-89.74
24 Q2	-3.82
24 Q1	-3.77
23 Q4	-3.19
23 Q3	-4.61
23 Q2	-5.57
23 Q1	-7.23

Margins

ZENA.OL Margins by quarter
Period	Margins
25 Q4	59.49%
25 Q3	59.49%
25 Q2	14.4%
24 Q4	0.57%
24 Q3	0.57%
24 Q2	48.19%
24 Q1	48.19%
23 Q4	-181.69%
23 Q3	-181.69%
23 Q2	60.06%

Return on Capital

ZENA.OL Return on Capital by quarter
Period	Return on Capital
25 Q4	-13.2%
25 Q2	2.49%
24 Q4	-3.53%
24 Q3	-3.53%
24 Q2	5.32%
24 Q1	5.32%
23 Q4	-33.25%
23 Q3	-33.25%
23 Q2	-5.45%
23 Q1	-5.45%

Shares Outstanding

ZENA.OL Shares Outstanding by quarter
Period	Shares Outstanding
25 Q4	522.41M
25 Q3	522.41M
25 Q2	548.37M
24 Q4	359.16M
24 Q3	359.16M
24 Q2	286M
24 Q1	286M
23 Q4	301.01M
23 Q3	301.01M
23 Q2	231.03M

Book Value Per Share (CAD)

ZENA.OL Book Value Per Share (CAD) by quarter
Period	Book Value Per Share (CAD)
25 Q4	0.17
25 Q2	0.14
24 Q4	0.18
24 Q3	0.18
24 Q2	0.19
24 Q1	0.19
23 Q4	0.17
23 Q3	0.17
23 Q2	0.36
23 Q1	0.36

Total Assets (CAD)

ZENA.OL Total Assets (CAD) by quarter
Period	Total Assets (CAD)
25 Q4	197.62M
25 Q2	178.77M
24 Q4	164.72M
24 Q3	164.72M
24 Q2	151.98M
24 Q1	151.98M
23 Q4	140.02M
23 Q3	140.02M
23 Q2	261.69M
23 Q1	261.69M

PE Ratio

ZENA.OL PE Ratio by quarter
Period	PE Ratio
Mar 26	599.24
Mar 26	652.11
Mar 26	465.94
Mar 26	343.25
Feb 26	301.61
Feb 26	308.05
Feb 26	321.39
Feb 26	321.4
Jan 26	321.74
Jan 26	313.63
Jan 26	306.02
Jan 26	317.44
Jan 26	291.58
Dec 25	20.05
Dec 25	20.81
Dec 25	24.23
Dec 25	23.38
Nov 25	23.89
Nov 25	23.82
Nov 25	17.24
Nov 25	15.44
Oct 25	17.23
Oct 25	18.96
Oct 25	20.2
Oct 25	21.77
Oct 25	22.11
Sep 25	22.48
Sep 25	24.4
Sep 25	23.2
Sep 25	23
Aug 25	22.37
Aug 25	21.17
Aug 25	22.79
Aug 25	19.43
Aug 25	22.4
Jul 25	24.67
Jul 25	22
Jul 25	96.77
Jul 25	106.22
Dec 22	1.15
Dec 22	1.19
Dec 22	1.15
Dec 22	1.18
Nov 22	1.15
Nov 22	1.14
Nov 22	1.22
Nov 22	1.15
Oct 22	1.2
Oct 22	1.14
Oct 22	1.15
Oct 22	1.21
Sep 22	1.16
Sep 22	0.44
Sep 22	0.43
Sep 22	0.46
Sep 22	0.49
Aug 22	0.5
Aug 22	0.39
Aug 22	0.37
Aug 22	0.36
Jul 22	0.35
Jul 22	0.34
Jul 22	0.33
Jul 22	0.35
Jul 22	0.37
Jun 22	0.35
Jun 22	0.39
Jun 22	0.4
Jun 22	0.41
May 22	0.34
May 22	0.35
May 22	0.35
May 22	0.36
Apr 22	0.37
Apr 22	0.42
Apr 22	0.43
Apr 22	0.42
Apr 22	0.45
Mar 22	0.36
Mar 22	0.36
Mar 22	0.36
Mar 22	0.3
Feb 22	0.3
Feb 22	0.3
Feb 22	0.3
Feb 22	0.31
Jan 22	0.32
Jan 22	0.33
Jan 22	0.36
Jan 22	0.37
Dec 21	0.38
Dec 21	0.68
Dec 21	0.65
Dec 21	0.72
Dec 21	0.65
Nov 21	0.65
Nov 21	0.67
Nov 21	0.7
Nov 21	0.8
Oct 21	0.82

Free Cash Flow Yield

ZENA.OL Free Cash Flow Yield by quarter
Period	Free Cash Flow Yield
Dec 25	-52.13%
Dec 25	-50.22%
Dec 25	-43.14%
Dec 25	-44.7%
Nov 25	-43.75%
Nov 25	-43.89%
Nov 25	-60.63%
Nov 25	-67.68%
Oct 25	-60.68%
Oct 25	-55.13%
Oct 25	-51.74%
Oct 25	-48.02%
Oct 25	-47.28%
Sep 25	-46.49%
Sep 25	-42.84%
Sep 25	-45.06%
Sep 25	-45.45%
Aug 25	-46.73%
Aug 25	-49.37%
Aug 25	-45.86%
Aug 25	-53.8%
Aug 25	-46.66%
Jul 25	-42.37%
Jul 25	-47.52%
Jul 25	-10.8%
Jul 25	-9.84%
Jun 25	-9.43%
Jun 25	-10.21%
Jun 25	-9.7%
Jun 25	-9.98%
May 25	-8.88%
May 25	-11.79%
May 25	-13.43%
May 25	-16.86%
May 25	-16.67%
Apr 25	-17.08%
Apr 25	-19.98%
Apr 25	-20.57%
Apr 25	-19.26%
Mar 25	-18.78%
Mar 25	-19.01%
Mar 25	-17.81%
Mar 25	-18.03%
Feb 25	-18.59%
Feb 25	-16.42%
Feb 25	-19.04%
Feb 25	-15.43%
Jan 25	-12.45%
Jan 25	-22.59%
Jan 25	-26.81%
Jan 25	-24.48%
Jan 25	-31.76%
Dec 24	-27.74%
Dec 24	-44.75%
Dec 24	-69.17%
Dec 24	-71.75%
Nov 24	-87.2%
Nov 24	-90.15%
Nov 24	-86.1%
Nov 24	-96.25%
Nov 24	-93.03%
Oct 24	-83.45%
Oct 24	-88.67%
Oct 24	-82.08%
Oct 24	-81.21%
Sep 24	-61.56%
Sep 24	-57.25%
Sep 24	-61.33%
Sep 24	-58.79%
Aug 24	-55.35%
Aug 24	-52.66%
Aug 24	-55.19%
Aug 24	-56.17%
Aug 24	-43.5%
Jul 24	-39.62%
Jul 24	-40.82%
Jul 24	-41.73%
Jul 24	-40.73%
Jun 24	-140.35%
Jun 24	-131.42%
Jun 24	-120.19%
Jun 24	-128.23%
May 24	-137.93%
May 24	-136.27%
May 24	-136.05%
May 24	-150.48%
May 24	-138.79%
Apr 24	-126.8%
Apr 24	-120.87%
Apr 24	-120.43%
Apr 24	-122.25%
Mar 24	-201.9%
Mar 24	-214.86%
Mar 24	-204.94%
Mar 24	-202.07%
Mar 24	-186.77%
Feb 24	-192.72%
Feb 24	-182.8%
Feb 24	-170.02%
Feb 24	-160.27%

Price to Sales

ZENA.OL Price to Sales by quarter
Period	Price to Sales
Sep 26	16.73
Sep 26	17.87
Sep 26	20.19
Aug 26	21.25
Aug 26	19.54
Aug 26	16.48
Aug 26	16.41
Jul 26	16.56
Jul 26	18.38
Jul 26	18.19
Jul 26	17.68
Jul 26	19.57
Jun 26	17.81
Jun 26	20.43
Jun 26	21.21
Jun 26	20.85
May 26	22.97
May 26	25.91
May 26	23.69
May 26	25.06
Apr 26	25.8
Apr 26	29.65
Apr 26	33.68
Apr 26	37.96
Apr 26	29.51
Mar 26	29.74
Mar 26	32.36
Mar 26	23.13
Mar 26	17.04
Feb 26	14.97
Feb 26	15.29
Feb 26	15.95
Feb 26	15.95
Jan 26	15.97
Jan 26	15.57
Jan 26	15.19
Jan 26	15.75
Jan 26	14.47
Dec 25	10.17
Dec 25	10.56
Dec 25	12.29
Dec 25	11.86
Nov 25	12.12
Nov 25	12.08
Nov 25	8.74
Nov 25	7.83
Oct 25	8.74
Oct 25	9.62
Oct 25	10.25
Oct 25	11.04
Oct 25	11.21
Sep 25	11.4
Sep 25	12.38
Sep 25	11.77
Sep 25	11.67
Aug 25	11.35
Aug 25	10.74
Aug 25	11.56
Aug 25	9.85
Aug 25	11.36
Jul 25	12.51
Jul 25	11.16
Jul 25	49.08
Jul 25	53.88
Jun 25	58.59
Jun 25	54.12
Jun 25	56.92
Jun 25	55.32
May 25	62.18
May 25	46.84
May 25	41.12
May 25	32.76
May 25	33.14
Apr 25	32.33
Apr 25	27.65
Apr 25	26.86
Apr 25	28.68
Mar 25	31.31
Mar 25	30.92
Mar 25	33.01
Mar 25	32.6
Feb 25	31.63
Feb 25	35.81
Feb 25	30.88
Feb 25	38.11
Jan 25	47.22
Jan 25	26.02
Jan 25	21.93
Jan 25	24.01
Jan 25	18.51
Dec 24	13.96
Dec 24	8.65
Dec 24	5.6
Dec 24	5.4
Nov 24	4.44
Nov 24	4.3
Nov 24	4.5
Nov 24	4.02
Nov 24	4.16
Oct 24	4.64

EV/EBITDA

ZENA.OL EV/EBITDA by quarter
Period	EV/EBITDA
Sep 26	24.71
Sep 26	25.44
Sep 26	26.95
Aug 26	27.63
Aug 26	26.53
Aug 26	24.55
Aug 26	24.5
Jul 26	24.6
Jul 26	25.78
Jul 26	25.65
Jul 26	25.32
Jul 26	26.55
Mar 26	10.84
Mar 26	11.38
Mar 26	9.47
Mar 26	8.22
Feb 26	7.79
Feb 26	7.86
Feb 26	7.99
Feb 26	7.99
Jan 26	8
Jan 26	7.91
Jan 26	7.84
Jan 26	7.95
Jan 26	7.69
Dec 25	6.34
Dec 25	6.42
Dec 25	6.77
Dec 25	6.68
Nov 25	6.74
Nov 25	6.73
Nov 25	6.05
Nov 25	5.87
Oct 25	6.05
Oct 25	6.23
Oct 25	6.36
Oct 25	6.52
Oct 25	6.55
Sep 25	6.59
Sep 25	6.79
Sep 25	6.66
Sep 25	6.64
Aug 25	6.58
Aug 25	6.46
Aug 25	6.62
Aug 25	6.28
Aug 25	6.58
Jul 25	6.81
Jul 25	6.54
Jul 25	14.23
Jul 25	15.2
Mar 23	23.12
Mar 23	22.75
Mar 23	24.04
Mar 23	23.82
Feb 23	24.73
Feb 23	25.95
Feb 23	28.13
Feb 23	28.54
Jan 23	28.76
Jan 23	29.82
Jan 23	30.47
Jan 23	29.68
Dec 22	29.17
Dec 22	175.16
Dec 22	178.75
Dec 22	175.22
Dec 22	178.3
Nov 22	175.37
Nov 22	174.23
Nov 22	181.32
Nov 22	175.5
Oct 22	179.54
Oct 22	174.44
Oct 22	175.35
Oct 22	180.61
Sep 22	175.75
Jun 21	2.9
Jun 21	2.99
Jun 21	3.09
Jun 21	3.15
May 21	3.09
May 21	2.89
May 21	2.98
May 21	3.07
Apr 21	2.96
Apr 21	2.99
Apr 21	2.95
Apr 21	3.16
Mar 21	3.17
Mar 21	1.3
Mar 21	1.34
Mar 21	1.38
Mar 21	1.37
Feb 21	1.39
Feb 21	1.41
Feb 21	1.43
Feb 21	1.4
Jan 21	1.42
Jan 21	1.46

Price to Book

ZENA.OL Price to Book by quarter
Period	Price to Book
Sep 26	0.45
Sep 26	0.48
Sep 26	0.54
Aug 26	0.57
Aug 26	0.52
Aug 26	0.44
Aug 26	0.44
Jul 26	0.44
Jul 26	0.49
Jul 26	0.49
Jul 26	0.47
Jul 26	0.53
Mar 26	0.88
Mar 26	0.96
Mar 26	0.68
Mar 26	0.5
Feb 26	0.44
Feb 26	0.45
Feb 26	0.47
Feb 26	0.47
Jan 26	0.47
Jan 26	0.46
Jan 26	0.45
Jan 26	0.47
Jan 26	0.43
Dec 25	0.33
Dec 25	0.35
Dec 25	0.4
Dec 25	0.39
Nov 25	0.4
Nov 25	0.4
Nov 25	0.29
Nov 25	0.26
Oct 25	0.29
Oct 25	0.31
Oct 25	0.34
Oct 25	0.36
Oct 25	0.37
Sep 25	0.37
Sep 25	0.4
Sep 25	0.38
Sep 25	0.38
Aug 25	0.37
Aug 25	0.35
Aug 25	0.38
Aug 25	0.32
Aug 25	0.37
Jul 25	0.41
Jul 25	0.37
Jul 25	1.61
Jul 25	1.76
Jun 25	1.56
Jun 25	1.44
Jun 25	1.51
Jun 25	1.47
May 25	1.65
May 25	1.24
May 25	1.09
May 25	0.87
May 25	0.88
Apr 25	0.86
Apr 25	0.73
Apr 25	0.71
Apr 25	0.76
Mar 25	0.78
Mar 25	0.77
Mar 25	0.82
Mar 25	0.81
Feb 25	0.79
Feb 25	0.89
Feb 25	0.77
Feb 25	0.95
Jan 25	1.17
Jan 25	0.65
Jan 25	0.55
Jan 25	0.6
Jan 25	0.46
Dec 24	0.41
Dec 24	0.25
Dec 24	0.16
Dec 24	0.16
Nov 24	0.13
Nov 24	0.12
Nov 24	0.13
Nov 24	0.12
Nov 24	0.12
Oct 24	0.13
Oct 24	0.13
Oct 24	0.14
Oct 24	0.14
Sep 24	0.14
Sep 24	0.15
Sep 24	0.14
Sep 24	0.14
Aug 24	0.15
Aug 24	0.16
Aug 24	0.15
Aug 24	0.15
Aug 24	0.2
Jul 24	0.21

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Zenith Energy Ltd.

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