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NASDAQ:TRCHTorchlight Energy Resources Stock Price, Forecast & News

+0.00 (+0.88 %)
(As of 06/2/2020 04:00 PM ET)
Today's Range
Now: $0.36
50-Day Range
MA: $0.39
52-Week Range
Now: $0.36
Volume161,600 shs
Average Volume334,893 shs
Market Capitalization$30.28 million
P/E RatioN/A
Dividend YieldN/A
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 1.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.39 out of 5 stars

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Current SymbolNASDAQ:TRCH



Sales & Book Value

Annual Sales$750,000.00
Book Value$0.19 per share


Net Income$-9,840,000.00
Net Margins-1,319.04%


Market Cap$30.28 million
Next Earnings Date6/5/2020 (Estimated)
OptionableNot Optionable

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Torchlight Energy Resources (NASDAQ:TRCH) Frequently Asked Questions

How has Torchlight Energy Resources' stock been impacted by COVID-19 (Coronavirus)?

Torchlight Energy Resources' stock was trading at $0.45 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TRCH shares have decreased by 21.1% and is now trading at $0.3551. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Torchlight Energy Resources?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Torchlight Energy Resources in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Torchlight Energy Resources.

When is Torchlight Energy Resources' next earnings date?

Torchlight Energy Resources is scheduled to release its next quarterly earnings announcement on Friday, June 5th 2020. View our earnings forecast for Torchlight Energy Resources.

How were Torchlight Energy Resources' earnings last quarter?

Torchlight Energy Resources Inc (NASDAQ:TRCH) released its quarterly earnings data on Monday, March, 16th. The oil and gas company reported ($0.09) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.01) by $0.08. The oil and gas company had revenue of $0.13 million for the quarter. Torchlight Energy Resources had a negative net margin of 1,319.04% and a negative return on equity of 55.01%. View Torchlight Energy Resources' earnings history.

Has Torchlight Energy Resources been receiving favorable news coverage?

News stories about TRCH stock have been trending very negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Torchlight Energy Resources earned a news sentiment score of -3.8 on InfoTrie's scale. They also assigned news coverage about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near future. View the latest news aboutTorchlight Energy Resources.

Who are some of Torchlight Energy Resources' key competitors?

What other stocks do shareholders of Torchlight Energy Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Torchlight Energy Resources investors own include Teekay Tankers (TNK), Laredo Petroleum (LPI), Advanced Micro Devices (AMD), NXP Semiconductors (NXPI), Walt Disney (DIS), Novavax (NVAX), NVIDIA (NVDA), Zynerba Pharmaceuticals (ZYNE), Canopy Growth (CGC) and Target (TGT).

Who are Torchlight Energy Resources' key executives?

Torchlight Energy Resources' management team includes the following 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

What is Torchlight Energy Resources' stock symbol?

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

Who are Torchlight Energy Resources' major shareholders?

Torchlight Energy Resources' stock is owned by many different retail and institutional investors. Top institutional shareholders include AMG National Trust Bank (1.63%), PNC Financial Services Group Inc. (0.09%) and Fayez Sarofim & Co (0.08%). 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 Fayez Sarofim & Co, and AMG National Trust Bank. View insider buying and selling activity for Torchlight Energy Resources.

Which institutional investors are buying Torchlight Energy Resources stock?

TRCH stock was bought by a variety of institutional investors in the last quarter, including PNC Financial Services Group Inc.. View insider buying and selling activity 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 $0.36.

How big of a company is Torchlight Energy Resources?

Torchlight Energy Resources has a market capitalization of $30.28 million and generates $750,000.00 in revenue each year. The oil and gas company earns $-9,840,000.00 in net income (profit) each year or ($0.14) on an earnings per share basis. Torchlight Energy Resources employs 2 workers across the globe.

What is Torchlight Energy Resources' official website?

The official website for Torchlight Energy Resources is 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]

This page was last updated on 6/3/2020 by MarketBeat.com Staff

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