Only 4 Christian Publicly-Traded Companies out of 14,000 Firms

30 Oct

Out of 14,000 public cos’ only three of these are Christian media companies (meaning that the  products and services they offer are faith-based). Those four firms are: Salem Communications (Nasdaq: SALM); Light Media (OTC: LGMH); and Left Behind Games (OTC: LFBG).  The 4th Christian Publicly-Company is: Zion Oil (Amex: ZN).

Wikipedia: The size of the world stock market was estimated at about $36.6 trillion at the start of October 2008.[1] The total world derivatives market has been estimated at about $791 trillion face or nominal value,[2] 11 times the size of the entire world economy.[3]

However, interestingly enough, there are an estimated 1.65 Billion Christians in the world, but only four (4) overtly-Christian publicly-traded companies, founded by four (4) Christian entrepreneurs. Google: “Christian Publicly-Traded Companies” and you will none. Google “Christian Venture Capital” and you will find none.  Is this due to indifference or inadequate knowledge and understanding of the power of the public-markets and access to global capital? Due to Christian investors support Christian publicly-traded companies?

Take for example: Salem Webnetwork claims millions of followers, for example, but its stock is hovering below $3.00 per share and on most days trades little if no shares at all.  Arguably, Salem is the most powerful Christian media company on the planet, but it’s market capitalization is currently less than $50 million.  Why for instance are very few persons or supporters of Salem Communications conservative Christian dominant positioning apparently have little appetite for following and supporting its stock? Left Behind Games a tiny OTC company claims or claimed at one time to have or had thousands of shareholders, which by comparison dwarfs Salem’s Shareholder base, while Salem Web Network claims millions of unique visitors who are clearly unaware or not supporting/buying its publicly-traded stock.  There are Christian or so-called Socially-Responsible Investing Funds or Groups (a growing category), and it would be interesting to know as to what level these funds or groups encourage investors to support these Christian Publicly-Traded companies, if even any at all.

This commentary is to bring light to this, in such a way, that will hopefully correct the issue which must be: Lack of Awareness, or Christian investors generally not knowing that these four Christian Puhlicly-Traded companies even exist. will work to change this, and bring greater light to the works of these companies, and maybe encourage more companies to join them in this exclusive club. We will publish (publicly-available) news regularly, as well as commentary in hopes of helping to educate and inform.

Websites for the 4 Christian Publicly-traded companies are: Salem:;  Light Media:; and Left Behind:; Zion Oil (

Revelation 20:13:   The sea gave up the dead that were in it, and death and Hades gave up the dead that were in them, and each person was judged according to what he had done.

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3 Responses to “Only 4 Christian Publicly-Traded Companies out of 14,000 Firms”

  1. Steve Spillman at 2:36 pm #

    Correction: Zion Oil & Gas Trades on NASDAQ (not Amex) under the symbol ZN. Otherwise, great article.

  2. Peter at 9:52 pm #

    Great article! Zechariah 4.10

  3. Paul Joseph at 10:34 pm #

    Good article. Your not alone in your concern. Please contact for a brief discussion on how to possibly begin to address the problem.

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