Torchlight Energy Resources Stock Forecast, Price & News

Wall Street analysts have given Torchlight Energy Resources a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Torchlight Energy Resources wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Torchlight Energy Resources is scheduled to release its next quarterly earnings announcement on Friday, June 25th 2021.
View our earnings forecast for Torchlight Energy Resources.

Torchlight Energy Resources, Inc. (NASDAQ:TRCH) released its quarterly earnings data on Tuesday, November, 14th. The oil and gas company reported ($0.02) EPS for the quarter. The oil and gas company had revenue of $0.02 million for the quarter. Torchlight Energy Resources had a negative trailing twelve-month return on equity of 36.26% and a negative net margin of 9,971.99%.
View Torchlight Energy Resources' earnings history.

Torchlight Energy Resources' stock was trading at $0.45 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TRCH shares have increased by 1,293.3% and is now trading at $6.27.
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Some companies that are related to Torchlight Energy Resources include Murphy Oil (MUR), Magnolia Oil & Gas (MGY), Southwestern Energy (SWN), CNX Resources (CNX), Viper Energy Partners (VNOM), California Resources (CRC), ARC Resources (AETUF), SM Energy (SM), Crescent Point Energy (CPG), Callon Petroleum (CPE), Black Stone Minerals (BSM), Enerplus (ERF), Whiting Petroleum (WLL), Oasis Petroleum (OAS) and Centennial Resource Development (CDEV).
View all of TRCH's competitors.

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).

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

Torchlight Energy Resources' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Geode Capital Management LLC (0.66%), AMG National Trust Bank (0.51%), BlackRock Inc. (0.41%), Citadel Advisors LLC (0.30%), HRT Financial LP (0.24%) and Northern Trust Corp (0.17%).
View institutional ownership trends for Torchlight Energy Resources.

TRCH stock was sold by a variety of institutional investors in the last quarter, including AMG National Trust Bank, Northern Trust Corp, BlackRock Inc., Prime Capital Investment Advisors LLC, and Procyon Private Wealth Partners LLC.
View insider buying and selling activity for Torchlight Energy Resources or view top insider-selling stocks.

TRCH stock was bought by a variety of institutional investors in the last quarter, including Geode Capital Management LLC, Citadel Advisors LLC, HRT Financial LP, Morgan Stanley, Jane Street Group LLC, Millennium Management LLC, Squarepoint Ops LLC, and Bank of New York Mellon Corp.
View insider buying and selling activity for Torchlight Energy Resources or or view top insider-buying stocks.

Shares of TRCH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TRCH stock can currently be purchased for approximately $6.27.

Torchlight Energy Resources has a market capitalization of $912.69 million and generates $190,000.00 in revenue each year.

Torchlight Energy Resources employs 4 workers across the globe.

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

Torchlight Energy Resources is headquartered at 5700 W. Plano Parkway Suite 3600, Plano TX, 75093.

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]