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. The ZN average annual return 10 years is shown above.
The Average Annual Return on the ZN average annual return 10 years page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether ZN average annual return 10 years or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the ZN average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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