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 stock yearly return is shown above.
The yearly return on the ZN stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2017 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the ZN annual return calculation with any dividends reinvested as applicable (on ex-dates).
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