Zion Oil & Gas, Inc. is a U.S.-based energy company operating in the upstream oil and gas exploration segment. The company focuses on onshore exploration activities in Israel, aiming to identify commercially viable hydrocarbon reserves.
Its core operations include:
• Onshore oil and natural gas exploration.
• Geological and seismic analysis of potential hydrocarbon formations.
• Drilling and evaluation of exploratory wells.
• Development of licensed exploration areas.
Corporate management is headquartered in Dallas, Texas, while exploration activities are conducted in Israel under licenses granted by Israeli authorities. The company operates with a relatively small technical and administrative structure focused on engineering, geology, and drilling operations.
Performance is influenced by global oil and gas prices, capital availability for exploration activities, regulatory conditions in Israel, and the inherent geological risks associated with exploratory drilling.
Zion Oil & Gas, Inc. securities trade on the U.S. over-the-counter (OTC) market under the ticker ZNOG.
History and Development
Founded in 2000 by John M. Brown, the company was created to pursue oil and gas exploration projects in Israel based on geological studies suggesting the presence of hydrocarbon resources in the region.
During its early years, the company focused on obtaining exploration licenses, conducting geological studies, and assembling technical teams to support exploratory drilling programs.
Over time, the company expanded its activities through additional seismic surveys, drilling campaigns, and the development of exploration wells within its licensed areas.
Today, Zion Oil & Gas continues to pursue onshore exploration projects in Israel while seeking to evaluate potential hydrocarbon reserves within its licensed acreage.
Additional Information
Zion Oil & Gas Inc. (United States) is listed on the Nasdaq and has a market capitalization of $469.72 million, with shareholders equity totaling $48.43 million.
The Company is listed on the [MARKET_NAME]
Over the past 12 months, Zion Oil & Gas Inc. reported $- in revenue, generating net income of $-8.03 million.
Key financial metrics include a P/E ratio of -58.50, a price-to-book (P/B) ratio of 9.70, and a trailing twelve-month dividend yield of 0.00%.
The company trades under the ticker ZNOG.