Zion Oil & Gas Inc. (NASDAQ:ZN)

CAPS Rating: 1 out of 5

Results 1 - 20 of 35 : 1 2 Next »

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Member Avatar pchop12316 (46.41) Submitted: 10/16/2014 5:15:40 PM : Underperform Start Price: $1.72 ZN Score: -1.07

picking up momentum in downward direction

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Member Avatar jvaskonen (38.52) Submitted: 6/23/2014 4:03:26 AM : Underperform Start Price: $2.10 ZN Score: +13.79

Woo oil. The bible is not what I'd call an authoritative source on geology.

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Member Avatar jed71 (43.35) Submitted: 6/18/2014 12:48:29 PM : Underperform Start Price: $2.25 ZN Score: +20.14

I saw this pop up on Joey's feed today and was laughing because I had been looking at this one late last week. Very easy down thumb. Company has been around since 2000 and I don’t see where they have ever produced a bit of revenue. Most recent 10-Q shows accumulated net losses of ($130MM) since 2000!!! They have $7.8MM in unrestricted cash remaining and I don’t see how they have any options other than to issue more shares. What surprises me is “someone” has continued to fund this operation with literally no progress in drilling or discovering oil in Israel. The company certainly doesn't deserve its current $78MM market cap.

What gets me is the value of the options being given to the insiders. I am seeing the insiders are getting substantial chunks of options for an exercise price of $0.01 while the stock is selling to retail investors for $2.25 a share. I understand those options were issued in earlier timeframes but it is still rather ridiculous. I am surprised this little company is still around after years of losses, burning through large amounts of cash, and unproven oil properties.

These are the only two statements you need to read and understand from the 10-Q, in my opinion:

“As of March 31, 2014, the Company has no revenues from its oil and gas operations, so the Company’s activities are considered to be those of a “Development Stage Enterprise.” Consequently, the Company’s financial statements must be identified as those of a development stage enterprise. In addition, the statements of operations and cash flows are required to disclose all activity since the Company’s date of inception. The Company will continue to prepare its financial statements and related disclosures as those of a development stage enterprise until such time that the Company achieves a discovery and has revenues from sales of oil and/or gas.”

“On March 13, 2014 the Company filed an S-3/A Form that is part of a replacement registration statement that was filed with the Securities and Exchange Commission (the “SEC”) using a “shelf” registration process. From time to time, the Company may offer up to an aggregate of approximately $119,850,000 of any combination of the securities described in this prospectus, either individually or in units.”

So it looks like the company has an open shelf registration for additional dilution for some pretty big amounts. There are several other red flags in the 10-Q and 10-K, but this seems like enough for me to make a decision for a red thumb. Please read the 10-Q if you need additional information for your Caps decision.

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Member Avatar chris293 (84.92) Submitted: 8/22/2013 2:57:40 PM : Underperform Start Price: $2.04 ZN Score: +29.18

Someone should have found oil by now.

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Member Avatar irvingfisher (32.61) Submitted: 11/22/2011 9:58:16 PM : Underperform Start Price: $5.24 ZN Score: +128.83

jeez, aren't they bankrupt yet?

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Member Avatar stalon777 (< 20) Submitted: 11/17/2011 9:19:04 PM : Outperform Start Price: $2.87 ZN Score: -96.06

I do believe that Israel is sitting on a vast oil reserve... and I believe that Zion Oil is going to find it. The oil reserves remain hidden until the appointed time when God will allow the oil to be discovered.

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Member Avatar clark0503 (< 20) Submitted: 10/6/2011 1:19:27 AM : Outperform Start Price: $2.25 ZN Score: -90.15

While the company's past performance in locating the desired resource is less than stellar, it appears their continued ability to renew licensing will allow the time to finally obtain the natural resource.

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Member Avatar SeurnHm (< 20) Submitted: 8/28/2011 12:31:15 AM : Outperform Start Price: $2.69 ZN Score: -95.78

Oil in Israel is not some far flung notion, so it could be more a matter of when they have success in finding it.

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Member Avatar ZionBound (< 20) Submitted: 7/23/2011 3:27:31 PM : Outperform Start Price: $4.03 ZN Score: -101.17

I am relying entirely on the Tanakh and B'rit Chadasha, as I interpret it. That's it. Am Yisrael Chai !

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Member Avatar sarabyne (< 20) Submitted: 6/30/2011 10:35:20 PM : Outperform Start Price: $5.90 ZN Score: -116.58

Oil is in Israel and Zion has good lease options with the govt. It has already surprised a lot of people.

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Member Avatar traderbrakken (< 20) Submitted: 2/27/2011 9:45:57 PM : Outperform Start Price: $4.60 ZN Score: -107.20

It will out perform because of the sector it is in.

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Member Avatar zioninvest (< 20) Submitted: 1/6/2011 10:52:56 AM : Outperform Start Price: $4.70 ZN Score: -114.19

I believe that Zion Oil and Gas will be the next big thing.Next world bankers.

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Member Avatar starmageddon (< 20) Submitted: 12/4/2010 8:30:26 PM : Outperform Start Price: $4.91 ZN Score: -121.80

The basis for exploration in Israel is valid on several bases. First, exploratory drilling indicates petroleum and gas are strongly likely to be present. Next, oil and gas are richly found all around the small nation of Israel already. Third, Biblical statements refer to oil in the land. In fact, scripture represents that the find will be extensive. It makes sense to Bible-believing people that the oil would not be found until Israel was once again a nation, which occurred in 1948 after an approx 2000 yr hiatus. Patterns of time lines indicate that the find will be soon. And, unfortunately, will result in attacks against Israel for this oil and gas at some future time. Nevertheless, the financial rewards for investors in this stock will be excellent. Zion holds the leases on areas recently confirmed to contain more than 1 billion cubic feet of petroleum/gas. At such a low price, I purchased this stock and am just waiting. I will continue to purchase shares.

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Member Avatar obama8 (< 20) Submitted: 12/3/2010 11:05:57 PM : Outperform Start Price: $4.91 ZN Score: -121.80

zion drilling for oil in isral now im 100% sure
they will find oil this drill we are at 11486 feet down
on the drill now im long 1300 shares im stawing long

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Member Avatar CanadaDreamer (< 20) Submitted: 10/20/2010 10:12:30 AM : Underperform Start Price: $5.25 ZN Score: +131.61

Zion is one of the biggest scams in the market - religious nitwits being fleeced through their silly belief in religious prophecy. They deserve to lose everything, as they surely will...

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Member Avatar D47 (< 20) Submitted: 9/18/2010 7:50:19 PM : Outperform Start Price: $5.76 ZN Score: -140.85

Never bet against God's chosen.

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Member Avatar 78TAX (< 20) Submitted: 9/16/2010 7:56:49 PM : Outperform Start Price: $6.01 ZN Score: -141.90

I THINK THAY WILL HIT IT BIG. OIL ALL AROUND THEM ALL FOUR SIDES

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Member Avatar TomSawyerB (< 20) Submitted: 7/28/2010 5:00:11 AM : Outperform Start Price: $4.88 ZN Score: -137.65

This is just a hunch, a gut check. I believe they will hit oil.

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Member Avatar brsweetwater60 (< 20) Submitted: 5/17/2010 6:43:47 PM : Outperform Start Price: $5.66 ZN Score: -137.31

I believe this because Israel is blessed by God who made the heaven and the earth. Israel is God's chosen people.

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Member Avatar thw819 (< 20) Submitted: 5/11/2010 4:09:56 PM : Outperform Start Price: $5.80 ZN Score: -136.02

Zion Oil has Divine intervention. It will be successful

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