| Zion Oil and Gas is an oil and gas exploration company. Co. holds working interest in an active petroleum exploration license onshore Israel, the Megiddo-Jezreel License. Under Israeli law, Co. has an exclusive right to oil and gas exploration in its license area in that no other company may drill there. In the event Co. drills an oil or gas discovery in its license area, existing Israeli law entitles Co. to convert the relevant portions of its license to a 30-year production lease, extendable to 50 years, subject to compliance with a field development work program and production. We show 44 historical shares outstanding datapoints in our coverage of ZN's shares outstanding history.|
Understanding the changing numbers of ZN shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like ZN versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching ZN by allowing them to research ZN shares outstanding history
as well as any other stock in our coverage universe.