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Torchlight Energy Resources Stock Forecast, Price & News

+0.05 (+11.10 %)
(As of 12/4/2020 12:00 AM ET)
Today's Range
Now: $0.50
50-Day Range
MA: $0.30
52-Week Range
Now: $0.50
Volume5.27 million shs
Average Volume946,474 shs
Market Capitalization$49.71 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, 2019, 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

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

Overall Beat the Market Rank

0.26 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-4,335.56%


Market Cap$49.71 million
Next Earnings Date12/11/2020 (Estimated)
OptionableNot Optionable
+0.05 (+11.10 %)
(As of 12/4/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Torchlight Energy Resources (NASDAQ:TRCH) Frequently Asked Questions

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

Torchlight Energy Resources' stock was trading at $0.45 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TRCH stock has increased by 11.2% and is now trading at $0.5005.
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
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Torchlight Energy Resources?

Wall Street analysts have given Torchlight Energy Resources a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Torchlight Energy Resources wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Torchlight Energy Resources' next earnings date?

Torchlight Energy Resources is scheduled to release its next quarterly earnings announcement on Friday, December 11th 2020.
View our earnings forecast for Torchlight Energy Resources

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) earnings per share for the quarter. The oil and gas company earned $0.02 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?

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 55, Pay $375k)
  • Mr. Roger N. Wurtele, Chief Financial Officer (Age 74, Pay $225k)
  • 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 number of institutional and retail investors. Top institutional investors 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 bought 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 $0.50.

How big of a company is Torchlight Energy Resources?

Torchlight Energy Resources has a market capitalization of $49.71 million and generates $750,000.00 in revenue each year. Torchlight Energy Resources employs 4 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 12/5/2020 by MarketBeat.com Staff

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