Nearly three years after its debut on the Canadian Stock Exchange, Israeli foodtech company Beyond Oil is experiencing a remarkable stock surge. The company, which initially struggled with fluctuating stock prices, saw its shares drop to a low of 0.5 Canadian dollars. However, since the beginning of 2025, Beyond Oil’s stock has skyrocketed by 186%, significantly outperforming broader market indices such as Canada’s S&P/TSX (which has seen zero growth) and the U.S. Russell 2000, which has declined by 8.3%.

Founded in 2018 and headquartered in Kibbutz Yifat, Beyond Oil is led by co-founder and CEO Yehonatan Or. The company has developed an innovative technology aimed at addressing the health risks associated with reusing frying oil. By maintaining optimal oil quality throughout the frying process, Beyond Oil’s solution reduces costs by up to 50% while simultaneously lowering customer complaints and minimizing carbon footprints.

Beyond Oil’s recent success is attributed in part to its aggressive geographic expansion. The company has entered several key markets, including the U.S., Mexico, Australia, South Africa, India, and the Philippines. A significant milestone was reached at the start of 2025 when Beyond Oil signed a U.S. distribution agreement with Latitude, securing purchase commitments worth $8.3 million for the year.

Further boosting investor confidence, Beyond Oil recently announced a $10.5 million Canadian dollar investment (approximately 26.6 million shekels) from Clal Financial Management. As part of the deal, Beyond Oil issued 3 million stock units to Clal at a price of 3.498 Canadian dollars per unit, with additional options that, if exercised, could bring in another $21 million CAD.

Following this latest investment, Beyond Oil’s market capitalization has reached approximately 276 million Canadian dollars (roughly 700 million shekels). The company has also hinted at plans to upgrade to a more senior stock exchange in Canada or the U.S. within the next six months, a move that could further enhance its market position.

Beyond Oil has gained attention in the U.S. due to the involvement of its president, Laurel Eastman, a former senior advisor to President Donald Trump. Eastman has publicly committed to advocating for regulations that would make Beyond Oil’s technology a mandatory standard in restaurants, schools, and military sites across the U.S.

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