Log in

Torchlight Energy Resources Stock Price, Forecast & Analysis (NASDAQ:TRCH)

$0.80
-0.03 (-3.61 %)
(As of 11/16/2019 08:00 AM ET)
Today's Range
$0.77
Now: $0.80
$0.85
50-Day Range
$0.75
MA: $0.91
$1.14
52-Week Range
$0.53
Now: $0.80
$1.98
Volume87,400 shs
Average Volume119,674 shs
Market Capitalization$59.40 million
P/E RatioN/A
Dividend YieldN/A
Beta2.04
Torchlight Energy Resources, Inc., through its subsidiaries, engages in the acquisition, exploration, exploitation, and/or development of oil and natural gas properties in the United States. As of December 31, 2018, it had interests in four oil and gas projects, including the Orogrande project in Hudspeth County, Texas; Hazel project in Sterling, Tom Green, and Irion Counties, Texas; Winkler project in Winkler County, Texas; and Hunton wells in partnership with Husky Ventures in central Oklahoma. The company was founded in 2010 and is headquartered in Plano, Texas.

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:TRCH
CUSIPN/A
Phone214-432-8002

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.28 million
Book Value$0.27 per share

Profitability

Net Income$-5,810,000.00
Net Margins-528.13%

Miscellaneous

Employees2
Market Cap$59.40 million
Next Earnings Date11/22/2019 (Estimated)
OptionableNot Optionable

Receive TRCH News and Ratings via Email

Sign-up to receive the latest news and ratings for TRCH and its competitors with MarketBeat's FREE daily newsletter.


Torchlight Energy Resources (NASDAQ:TRCH) Frequently Asked Questions

What is Torchlight Energy Resources' stock symbol?

Torchlight Energy Resources trades on the NASDAQ under the ticker symbol "TRCH."

How were Torchlight Energy Resources' earnings last quarter?

Torchlight Energy Resources Inc (NASDAQ:TRCH) posted its quarterly earnings results on Tuesday, November, 14th. The oil and gas company reported ($0.02) EPS for the quarter. The oil and gas company earned $0.02 million during the quarter. Torchlight Energy Resources had a negative net margin of 528.13% and a negative return on equity of 28.59%. View Torchlight Energy Resources' Earnings History.

When is Torchlight Energy Resources' next earnings date?

Torchlight Energy Resources is scheduled to release their next quarterly earnings announcement on Friday, November 22nd 2019. View Earnings Estimates for Torchlight Energy Resources.

What price target have analysts set for TRCH?

2 Wall Street analysts have issued 12 month price targets for Torchlight Energy Resources' shares. Their forecasts range from $2.70 to $3.00. On average, they anticipate Torchlight Energy Resources' share price to reach $2.85 in the next twelve months. This suggests a possible upside of 256.3% from the stock's current price. View Analyst Price Targets for Torchlight Energy Resources.

What is the consensus analysts' recommendation for Torchlight Energy Resources?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Torchlight Energy Resources in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Torchlight Energy Resources.

Has Torchlight Energy Resources been receiving favorable news coverage?

News articles about TRCH stock have trended very positive on Sunday, according to InfoTrie. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Torchlight Energy Resources earned a news impact score of 3.3 on InfoTrie's scale. They also gave media coverage about the oil and gas company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Torchlight Energy Resources.

Are investors shorting Torchlight Energy Resources?

Torchlight Energy Resources saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 2,990,000 shares, an increase of 15.9% from the September 30th total of 2,580,000 shares. Based on an average trading volume of 160,900 shares, the short-interest ratio is presently 18.6 days. Currently, 5.6% of the company's shares are sold short. View Torchlight Energy Resources' Current Options Chain.

Who are some of Torchlight Energy Resources' key competitors?

What other stocks do shareholders of Torchlight Energy Resources own?

Who are Torchlight Energy Resources' key executives?

Torchlight Energy Resources' management team includes the folowing people:
  • Mr. John A. Brda, Pres, CEO, Sec. & Director (Age 54)
  • Mr. Roger N. Wurtele, Chief Financial Officer (Age 73)
  • Mr. Rich Masterson, Consulting Geologist

Who are Torchlight Energy Resources' major shareholders?

Torchlight Energy Resources' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include AMG National Trust Bank (1.83%). View Institutional Ownership Trends for Torchlight Energy Resources.

Which institutional investors are selling Torchlight Energy Resources stock?

TRCH stock was sold by a variety of institutional investors in the last quarter, including AMG National Trust Bank. View Insider Buying and Selling for Torchlight Energy Resources.

How do I buy shares of Torchlight Energy Resources?

Shares of TRCH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Torchlight Energy Resources' stock price today?

One share of TRCH stock can currently be purchased for approximately $0.80.

How big of a company is Torchlight Energy Resources?

Torchlight Energy Resources has a market capitalization of $59.40 million and generates $1.28 million in revenue each year. Torchlight Energy Resources employs 2 workers across the globe.View Additional Information About Torchlight Energy Resources.

What is Torchlight Energy Resources' official website?

The official website for Torchlight Energy Resources is http://www.torchlightenergy.com/.

How can I contact Torchlight Energy Resources?

Torchlight Energy Resources' mailing address is 5700 W. Plano Parkway Suite 3600, Plano TX, 75093. The oil and gas company can be reached via phone at 214-432-8002 or via email at [email protected]


MarketBeat Community Rating for Torchlight Energy Resources (NASDAQ TRCH)

Community Ranking:  1.2 out of 5 (star)
Outperform Votes:  69 (Vote Outperform)
Underperform Votes:  219 (Vote Underperform)
Total Votes:  288
MarketBeat's community ratings are surveys of what our community members think about Torchlight Energy Resources and other stocks. Vote "Outperform" if you believe TRCH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TRCH will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/17/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel