NASDAQ:TRCH

Torchlight Energy Resources Stock Forecast, Price & News

$0.27

+0.01 (+3.78 %)

(As of 10/23/2020 12:00 AM ET)

Add

Compare

Today's Range

$0.27

Now: $0.27▼

$0.28

50-Day Range

$0.23

MA: $0.28▼

$0.39

52-Week Range

$0.21

Now: $0.27▼

$1.09

Volume488,148 shs

Average Volume1.79 million shs

Market Capitalization$27.26 million

P/E RatioN/A

Dividend YieldN/A

Beta2.17

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.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Torchlight Energy Resources.

1.3 Community Rank

Outperform Votes
Torchlight Energy Resources has received 89 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Torchlight Energy Resources has received 248 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Torchlight Energy Resources has received 73.59% “underperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Torchlight Energy Resources does not currently pay a dividend.
Dividend Growth
Torchlight Energy Resources does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Torchlight Energy Resources insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 17.49% of the stock of Torchlight Energy Resources is held by insiders.
Percentage Held by Institutions
Only 6.15% of the stock of Torchlight Energy Resources is held by institutions.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Torchlight Energy Resources is -1.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Torchlight Energy Resources is -1.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Torchlight Energy Resources has a P/B Ratio of 1.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

0.26 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Crude petroleum & natural gas

Sub-IndustryN/A

SectorOils/Energy

Current SymbolNASDAQ:TRCH

Previous Symbol

CUSIPN/A

CIK1431959

Webwww.torchlightenergy.com

Phone214-432-8002

Employees2

Debt

Debt-to-Equity Ratio0.12

Current Ratio0.09

Quick Ratio0.09

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$750,000.00

Price / Sales36.35

Cash FlowN/A

Price / Cash FlowN/A

Book Value$0.19 per share

Price / Book1.45

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$-9,840,000.00

Net Margins-4,335.56%

Return on Equity-74.54%

Return on Assets-31.76%

Miscellaneous

Outstanding Shares99,170,000

Market Cap$27.26 million

Next Earnings Date11/13/2020 (Estimated)

OptionableNot Optionable

$0.27

+0.01 (+3.78 %)

(As of 10/23/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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

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

Torchlight Energy Resources' stock was trading at $0.45 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TRCH shares have decreased by 38.9% and is now trading at $0.2749.
View which stocks have been most impacted by COVID-19.

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, November 13th 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, August, 10th. The oil and gas company reported ($0.02) earnings per share for the quarter. The oil and gas company earned $0.05 million during the quarter. Torchlight Energy Resources had a negative net margin of 4,335.56% and a negative return on equity of 74.54%.
View Torchlight Energy Resources' earnings history.

Who are some of Torchlight Energy Resources' key competitors?

Some companies that are related to Torchlight Energy Resources include Painted Pony Energy (PDPYF), Trans Energy (TENG), Gran Tierra Energy (GTE), Gran Tierra Energy (GTE), Epsilon Energy (EPSN), Evolution Petroleum (EPM), Evolution Petroleum (EPM), TETRA Technologies (TTI), SandRidge Energy (SD), SilverBow Resources (SBOW), VAALCO Energy (EGY), Ring Energy (REI), Ring Energy (REI), Gulfport Energy (GPOR) and Chesapeake Energy (CHKAQ).
View all 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), Rite Aid (RAD), Abraxas Petroleum (AXAS), Town Sports International (CLUB), NVIDIA (NVDA), Zynerba Pharmaceuticals (ZYNE) and Carnival Co. & (CCL).

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 a variety of institutional and retail investors. Top institutional shareholders include AMG National Trust Bank (1.41%).
View institutional ownership trends for Torchlight Energy Resources.

Which institutional investors are buying Torchlight Energy Resources stock?

TRCH stock was purchased by a variety of institutional investors in the last quarter, including AMG National Trust Bank.
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 $0.27.

How big of a company is Torchlight Energy Resources?

Torchlight Energy Resources has a market capitalization of $27.26 million and generates $750,000.00 in revenue each year. 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 10/24/2020 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Get Started with MarketBeat

	Read Your Daily Newsletter
	Check Out My MarketBeat
	Watch Our Tutorial Videos
	Add a Stock to Your Watchlist
	Set Up an Instant Alert
	View a Company's Profile Page
	View Our Financial Calendars
	View Today's Analyst Ratings