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Zion Oil & Gas Inc. (ZNOGW) Stock Fundamental Analysis & AI Rating 2026

ZNOGW OTC Oil & Gas Field Exploration Services DE CIK: 0001131312
Recently Updated • Analysis: Apr 19, 2026 • SEC Data: 2025-12-31
SELL
75% Conf
Pending
Analysis scheduled

📊 ZNOGW Key Takeaways

Revenue: $0.0
Net Margin: N/A
Free Cash Flow: $-8.1M
Current Ratio: 5.11x
Debt/Equity: 0.00x
EPS: $-0.01
AI Rating: SELL with 75% confidence
Zion Oil & Gas Inc. (ZNOGW) receives a SELL rating with 75% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $0, and return on equity (ROE) of -18.0%, Zion Oil & Gas Inc. demonstrates mixed fundamentals in the Energy sector. Below is our complete ZNOGW stock analysis for 2026.

Is Zion Oil & Gas Inc. (ZNOGW) a Good Investment?

Claude

Zion Oil & Gas is a pre-revenue exploration company with zero current revenue and significant annual operating losses of $7.7M, creating approximately one year of cash runway at current burn rates. While the balance sheet is pristine with minimal debt and strong liquidity (5.11x current ratio), the lack of commercial monetization combined with persistent cash burn and negative returns (ROE -18%, ROA -16.5%) makes this unsuitable as a fundamental investment. Marginal improvement in loss trajectory does not offset the fundamental absence of revenue generation or clear path to profitability.

Why Buy Zion Oil & Gas Inc. Stock? ZNOGW Key Strengths

Claude
  • + Zero debt and minimal liabilities ($3.9M vs $42.4M equity) provides financial flexibility
  • + Excellent liquidity position with 5.11x current ratio and $8.3M cash on hand
  • + Improving loss trajectory (EPS improved 88.3% YoY, net losses decreased 3.9% YoY indicates operational discipline

ZNOGW Stock Risks: Zion Oil & Gas Inc. Investment Risks

Claude
  • ! Zero revenue with no clear commercialization timeline for exploration assets creates existential uncertainty
  • ! Negative operating cash flow of -$8.0M annually with only ~1 year of cash runway at current burn rate
  • ! Negative returns on equity (-18%) and assets (-16.5%) reflect value destruction; sector inherently high-risk with binary outcomes
  • ! No insider buying activity in 90 days suggests lack of insider confidence despite improving metrics

Key Metrics to Watch

Claude
  • * Operating cash flow trend and cash runway duration before funding requirement
  • * Revenue recognition from any commercial discovery or development milestone
  • * Capital expenditure changes indicating exploration progress or project advancement
  • * Quarterly burn rate reduction trajectory to assess path to breakeven

Zion Oil & Gas Inc. (ZNOGW) Financial Metrics & Key Ratios

Revenue
$0.0
Net Income
$-7.6M
EPS (Diluted)
$-0.01
Free Cash Flow
$-8.1M
Total Assets
$46.3M
Cash Position
$8.3M

💡 AI Analyst Insight

Strong liquidity with a 5.11x current ratio provides a solid financial cushion.

ZNOGW Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin N/A
Net Margin N/A
ROE -18.0%
ROA -16.5%
FCF Margin N/A

ZNOGW vs Energy Sector: How Zion Oil & Gas Inc. Compares

How Zion Oil & Gas Inc. compares to Energy sector averages

Net Margin
ZNOGW 0.0%
vs
Sector Avg 12.0%
ZNOGW Sector
ROE
ZNOGW -18.0%
vs
Sector Avg 14.0%
ZNOGW Sector
Current Ratio
ZNOGW 5.1x
vs
Sector Avg 1.3x
ZNOGW Sector
Debt/Equity
ZNOGW 0.0x
vs
Sector Avg 0.6x
ZNOGW Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Zion Oil & Gas Inc. Stock Overvalued? ZNOGW Valuation Analysis 2026

Based on fundamental analysis, Zion Oil & Gas Inc. has mixed fundamental signals relative to the Energy sector in 2026.

Return on Equity
-18.0%
Sector avg: 14%
Net Profit Margin
N/A
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Zion Oil & Gas Inc. Balance Sheet: ZNOGW Debt, Cash & Liquidity

Current Ratio
5.11x
Quick Ratio
5.11x
Debt/Equity
0.00x
Debt/Assets
8.3%
Interest Coverage
N/A
Long-term Debt
N/A

ZNOGW Revenue & Earnings Growth: 5-Year Financial Trend

ZNOGW 5-year financial data: Year 2020: Revenue $8.0M, Net Income N/A, EPS N/A. Year 2021: Revenue $11.3M, Net Income -$1.6M, EPS N/A.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Zion Oil & Gas Inc.'s revenue has grown significantly by 41% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.12 indicates the company is currently unprofitable.

ZNOGW Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
N/A
Free cash flow / Revenue

ZNOGW Quarterly Earnings & Performance

Quarterly financial performance data for Zion Oil & Gas Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2023 $16.0K -$1.7M $-3.00
Q2 2023 $4.0K -$2.3M $-4.00
Q1 2023 $34.0K -$2.1M $-4.00
Q2 2022 $347.0K -$2.6M $-0.01
Q1 2022 $469.0K -$2.2M $-0.01
Q3 2021 $8.0M -$1.8M N/A
Q2 2021 $8.0M -$1.9M N/A
Q1 2021 $8.0M -$1.6M N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Zion Oil & Gas Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$8.0M
Cash generated from operations
Capital Expenditures
$59.0K
Investment in assets
Dividends
None
No dividend program

ZNOGW SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Zion Oil & Gas Inc. (CIK: 0001131312)

📋 Recent SEC Filings

Date Form Document Action
Apr 9, 2026 DEF 14A znog20260402_def14a.htm View →
Mar 19, 2026 10-K znog20251231_10k.htm View →
Jan 12, 2026 8-K znog20260112_8k.htm View →
Jan 8, 2026 4 xslF345X05/rdgdoc.xml View →
Jan 7, 2026 4 xslF345X05/rdgdoc.xml View →

Frequently Asked Questions about ZNOGW

What is the AI rating for ZNOGW?

Zion Oil & Gas Inc. (ZNOGW) has an AI rating of SELL with 75% confidence, based on fundamental analysis of SEC EDGAR filings.

What are ZNOGW's key strengths?

Claude: Zero debt and minimal liabilities ($3.9M vs $42.4M equity) provides financial flexibility. Excellent liquidity position with 5.11x current ratio and $8.3M cash on hand.

What are the risks of investing in ZNOGW?

Claude: Zero revenue with no clear commercialization timeline for exploration assets creates existential uncertainty. Negative operating cash flow of -$8.0M annually with only ~1 year of cash runway at current burn rate.

What is ZNOGW's revenue and growth?

Zion Oil & Gas Inc. reported revenue of $0.0.

Does ZNOGW pay dividends?

Zion Oil & Gas Inc. does not currently pay dividends.

Where can I find ZNOGW SEC filings?

Official SEC filings for Zion Oil & Gas Inc. (CIK: 0001131312) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is ZNOGW's EPS?

Zion Oil & Gas Inc. has a diluted EPS of $-0.01.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is ZNOGW a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Zion Oil & Gas Inc. has a SELL rating with 75% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is ZNOGW stock overvalued or undervalued?

Valuation metrics for ZNOGW: ROE of -18.0% (sector avg: 14%), net margin of N/A (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy ZNOGW stock in 2026?

Our dual AI analysis gives Zion Oil & Gas Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is ZNOGW's free cash flow?

Zion Oil & Gas Inc.'s operating cash flow is $-8.0M, with capital expenditures of $59.0K.

How does ZNOGW compare to other Energy stocks?

Vs Energy sector averages: Net margin N/A (avg: 12%), ROE -18.0% (avg: 14%), current ratio 5.11 (avg: 1.3).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 19, 2026 | Data as of: 2025-12-31 | Powered by Claude AI