Zion Oil & Gas, Inc. (ZNOG)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Zion Oil & Gas, Inc. (ZNOG) trades at $0.55 with AI Score 55/100 (Grade B). Zion Oil & Gas, Inc. is an oil and gas exploration company focused on onshore Israel. Market cap: $651.08M, Sector: Energy.
Last analyzed: Mar 17, 2026Analyst Coverage for ZNOG: ZNOG does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates ZNOG against Energy peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
ZNOG: the 2 perspectives are evenly split.
Zion Oil & Gas, Inc. (ZNOG) Energy Operations & Outlook
Zion Oil & Gas, Inc. explores for oil and gas in Israel, holding a significant exploration license. With a high profit margin and a low beta, the company operates in a geopolitically sensitive region, targeting the discovery of commercially viable hydrocarbon resources. It faces competition from other energy exploration firms.
What Is the Investment Thesis for ZNOG?
Zion Oil & Gas presents a speculative investment opportunity centered on its exploration license in Israel. The company's high profit margin of 341.9% and gross margin of 142.0% suggest potential profitability if commercially viable reserves are discovered. However, its negative P/E ratio of -81.81 reflects its current lack of earnings. The company's low beta of 0.45 indicates lower volatility compared to the broader market. The primary value driver is the potential discovery of significant oil and gas reserves within its New Megiddo License 428. Upcoming drilling results will serve as key catalysts. Investors should carefully consider the high-risk nature of oil and gas exploration, regulatory uncertainties, and geopolitical factors in the region.
Based on FMP financials and quantitative analysis
ZNOG Key Highlights
- Market Cap of $0.44B reflects investor valuation of Zion's exploration potential.
- Profit Margin of 341.9% indicates potential for high profitability if successful discoveries are made.
- Gross Margin of 142.0% shows strong potential revenue generation from successful oil and gas production.
- Beta of 0.45 suggests lower volatility compared to the overall market, potentially appealing to risk-averse investors.
- The New Megiddo License 428, covering approximately 99,000 acres in Israel, is the company's primary asset and focus of exploration efforts.
Who Are ZNOG's Competitors?
ZNOG is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ARHVF Archer Limited | $2.50 | -1.96% | 249M | 49 |
| CRNZF Capricorn Energy PLC | $4.32 | +0.00% | $296.64M | 48 |
| GASXF NG Energy International Corp. | $1.11 | +2.96% | $302.37M | 49 |
| GEGYF Genel Energy plc | $0.71 | +0.00% | $195.60M | 39 |
| LNDNF Orrön Energy AB (publ) | $0.88 | +0.00% | $251.60M | 55 |
| EXE Expand Energy Corporation | $88.80 | +1.98% | $21.24B | 72 |
| VIST Vista Energy, S.A.B. de C.V. | $72.17 | -1.16% | $7.53B | 68 |
| CNX CNX Resources Corporation | $33.01 | +2.80% | $4.67B | 67 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are ZNOG's Key Strengths?
- Exclusive exploration license in Israel.
- High profit and gross margins (if reserves are found).
- Low beta indicating lower volatility.
- Experienced management team.
What Are ZNOG's Weaknesses?
- Speculative nature of oil and gas exploration.
- Dependence on successful drilling results.
- Limited revenue generation at the exploration stage.
- High capital expenditures required for exploration activities.
What Could Drive ZNOG Stock Higher?
- Results from ongoing drilling operations within the New Megiddo License 428.
- Potential announcements of strategic partnerships or joint ventures.
- Progress in securing additional exploration licenses in Israel.
- Advancements in exploration technologies and techniques.
- Changes in government regulations or policies affecting oil and gas exploration in Israel.
What Are the Key Risks for ZNOG?
- Geopolitical instability in the Middle East could disrupt exploration activities.
- Fluctuations in global oil and gas prices could impact the economic viability of discoveries.
- Regulatory changes or environmental concerns could delay or halt exploration projects.
- The speculative nature of oil and gas exploration carries a high risk of failure.
- Dependence on raising capital through equity offerings to fund exploration activities.
What Are the Growth Opportunities for ZNOG?
- Successful Exploration Results: The primary growth opportunity for Zion lies in achieving positive results from its exploration activities within the New Megiddo License 428. Discovering commercially viable oil and gas reserves would significantly increase the company's value and attract further investment. The timeline for this growth driver is dependent on the company's drilling schedule and the analysis of geological data. The market size is potentially substantial, given the global demand for energy and the strategic importance of oil and gas resources.
- Expansion of Exploration Licenses: Zion could pursue growth by expanding its exploration licenses within Israel or in other regions with similar geological characteristics. Acquiring new licenses would provide the company with additional opportunities to discover and develop oil and gas reserves. The timeline for this growth driver depends on the availability of new licenses and the company's ability to secure them. The market size is determined by the potential resources within these new exploration areas.
- Strategic Partnerships: Forming strategic partnerships with larger oil and gas companies could provide Zion with access to capital, technology, and expertise. These partnerships could accelerate the company's exploration and development activities and reduce its financial risk. The timeline for this growth driver depends on the company's ability to attract and negotiate partnerships. The market size is influenced by the resources and capabilities that these partnerships bring to the company.
- Technological Advancements: Adopting new and advanced exploration technologies could improve Zion's ability to identify and assess potential oil and gas reserves. These technologies could include advanced seismic imaging, data analytics, and drilling techniques. The timeline for this growth driver depends on the company's investment in and implementation of new technologies. The market size is determined by the increased efficiency and accuracy of exploration activities.
- Government Support and Regulatory Environment: Favorable government policies and a supportive regulatory environment could facilitate Zion's exploration and development activities. Government incentives, streamlined permitting processes, and clear regulatory guidelines could reduce the company's costs and risks. The timeline for this growth driver depends on changes in government policies and regulations. The market size is influenced by the overall attractiveness of Israel as a destination for oil and gas investment.
What Opportunities Does ZNOG Have?
- Discovery of significant oil and gas reserves.
- Expansion of exploration licenses.
- Strategic partnerships with larger oil companies.
- Technological advancements in exploration techniques.
What Threats Does ZNOG Face?
- Geopolitical risks in the Middle East.
- Fluctuations in global oil and gas prices.
- Regulatory uncertainties and environmental concerns.
- Competition from other oil and gas exploration companies.
What Are ZNOG's Competitive Advantages?
- Exclusive exploration license in a specific geographic area (New Megiddo License 428).
- Proprietary geological data and expertise related to the exploration area.
- Established relationships with local stakeholders and regulatory authorities.
- Potential for first-mover advantage in discovering significant oil and gas reserves in the region.
What Does ZNOG Do?
Zion Oil & Gas, Inc. was founded in 2000 and is headquartered in Dallas, Texas. The company is dedicated to exploring for oil and gas within the State of Israel. Zion holds a petroleum exploration license onshore Israel, known as the New Megiddo License 428, which spans approximately 99,000 acres. This license is the primary asset of the company, and its exploration activities are concentrated within this area. Zion's operations are focused on identifying and developing commercially viable oil and gas reserves. The company employs advanced geological and geophysical techniques to assess the potential of its exploration area. Zion's strategy involves drilling exploratory wells to test subsurface formations and evaluate the presence of hydrocarbons. Success in these exploration efforts is critical to the company's long-term viability and growth. The company's activities are subject to the regulatory environment in Israel, as well as global energy market conditions. Zion aims to contribute to Israel's energy independence through its exploration endeavors.
What Products and Services Does ZNOG Offer?
- Explores for oil and gas in Israel.
- Holds the New Megiddo License 428, an onshore exploration license.
- Conducts geological and geophysical surveys to identify potential drilling locations.
- Drills exploratory wells to test subsurface formations.
- Evaluates the presence and commercial viability of oil and gas reserves.
- Seeks to contribute to Israel's energy independence.
How Does ZNOG Make Money?
- Acquires and manages oil and gas exploration licenses.
- Raises capital through equity offerings to fund exploration activities.
- Conducts exploration activities to discover commercially viable reserves.
- Potentially develops and produces oil and gas if discoveries are made.
- Generates revenue through the sale of produced oil and gas.
What Industry Does ZNOG Operate In?
Zion Oil & Gas operates within the oil and gas exploration and production industry, a sector characterized by high capital expenditures and significant risk. The industry is influenced by global energy demand, geopolitical factors, and technological advancements. Zion's focus on Israel positions it in a region with both opportunities and challenges. The competitive landscape includes major international oil companies and smaller exploration firms. The industry is subject to stringent environmental regulations and fluctuating commodity prices. Exploration companies like Zion contribute to global energy supply by discovering and developing new oil and gas reserves.
Who Are ZNOG's Key Customers?
- Not applicable at this stage as they are an exploration company.
- Potential future customers would be oil and gas purchasers.
- May include refineries, distributors, and end-users of petroleum products.
ZNOG Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
ZNOG Latest News
No recent news available for ZNOG.
ZNOG Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ZNOG.
Price Targets
Wall Street price target analysis for ZNOG.
ZNOG MoonshotScore
What does this score mean?
The MoonshotScore rates ZNOG's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Robert William-A. Dunn
CEO
Robert William-A. Dunn serves as the CEO of Zion Oil & Gas, Inc. His background includes extensive experience in the oil and gas industry, with a focus on exploration and production. He has held various leadership positions in energy companies, overseeing drilling operations, geological assessments, and project management. His expertise encompasses both technical and managerial aspects of the oil and gas sector. He is responsible for guiding Zion's strategic direction and operational execution.
Track Record: Under Robert William-A. Dunn's leadership, Zion Oil & Gas has focused on advancing its exploration activities within the New Megiddo License 428. Key milestones include the completion of geological surveys, drilling of exploratory wells, and analysis of subsurface data. His strategic decisions have aimed to optimize exploration efforts and attract investment. He manages a team of 19 employees.
ZNOG OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Zion Oil & Gas may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure and may not be subject to the same level of regulatory oversight as companies listed on major exchanges like the NYSE or NASDAQ. This tier is often associated with higher risk and greater potential for volatility compared to listed securities.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure and regulatory oversight.
- Potential for lower trading volume and liquidity.
- Wider bid-ask spreads and increased price volatility.
- Higher risk of fraud or manipulation compared to listed securities.
- Dependence on successful exploration results for future viability.
- Verify the company's financial statements and SEC filings (if available).
- Research the background and experience of the management team.
- Assess the company's exploration license and its potential value.
- Evaluate the geopolitical risks associated with operating in Israel.
- Monitor the company's drilling results and exploration progress.
- Understand the company's capital structure and funding requirements.
- Consult with a financial advisor before investing.
- Established operations since 2000.
- Holding a valid exploration license in Israel.
- Active exploration activities and drilling programs.
- Experienced management team with industry expertise.
- Publicly traded on the OTC market.
ZNOG Energy Stock FAQ
What does Zion Oil & Gas, Inc. do?
Zion Oil & Gas, Inc. is an oil and gas exploration company focused on discovering commercially viable oil and gas reserves within the State of Israel. The company holds the New Megiddo License 428, covering approximately 99,000 acres, and conducts geological surveys, drilling operations, and subsurface analysis to assess the potential for hydrocarbon production. Zion's business model centers on acquiring and managing exploration licenses, raising capital to fund exploration activities, and potentially developing and producing oil and gas if discoveries are made.
What do analysts say about ZNOG stock?
As of 2026-03-17, there is no readily available analyst consensus on Zion Oil & Gas, Inc. (ZNOG) due to its OTC listing and speculative nature. Investors should conduct their own thorough due diligence and consider the company's exploration potential, financial condition, and the risks associated with operating in the oil and gas industry. Key valuation metrics are not applicable at this stage, as the company is primarily focused on exploration and has limited revenue generation.
What are the main risks for ZNOG?
The main risks for Zion Oil & Gas, Inc. include the speculative nature of oil and gas exploration, which carries a high risk of failure. Geopolitical instability in the Middle East could disrupt exploration activities. Fluctuations in global oil and gas prices could impact the economic viability of discoveries. Regulatory changes or environmental concerns could delay or halt exploration projects. The company is also dependent on raising capital through equity offerings, which could dilute existing shareholders' ownership.
What are Zion Oil & Gas, Inc.'s environmental and sustainability commitments?
As an oil and gas exploration company, Zion Oil & Gas, Inc. is subject to environmental regulations in Israel. Specific details regarding Zion Oil & Gas, Inc.'s ESG targets, carbon reduction plans, and sustainability investments are Unknown. Investors should conduct further research to determine Zion Oil & Gas, Inc.'s specific environmental and sustainability practices and disclosures.
What is Zion Oil & Gas, Inc.'s production cost structure?
As an exploration company, Zion Oil & Gas, Inc. is not currently producing oil and gas. Therefore, there is no current production cost structure. If Zion Oil & Gas, Inc. successfully discovers and develops commercially viable oil and gas reserves, its operating costs, breakeven price levels, and efficiency metrics will become relevant. These metrics will depend on factors such as drilling costs, production rates, transportation expenses, and regulatory fees.
What are the key factors to evaluate for ZNOG?
Zion Oil & Gas, Inc. (ZNOG) holds an AI score of 55/100 (moderate). Not financial advice.
How frequently does ZNOG data refresh on this page?
ZNOG prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven ZNOG's recent stock price performance?
Zion Oil & Gas, Inc. (ZNOG) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Exclusive exploration license in Israel. See the News tab for the latest drivers. Past performance does not predict future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- OTC market data may be less reliable than exchange-listed data.
- Analyst coverage may be limited due to the company's OTC listing and speculative nature.
- The information provided is based on available data and may be subject to change.