Torchlight Energy Resources Stock Forecast, Price & News

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.
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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."
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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.

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.

Some companies that are related to Torchlight Energy Resources include Montage Resources (MR), Laredo Petroleum (LPI), Contango Oil & Gas (MCF), Northern Oil and Gas (NOG), Penn Virginia (PVAC), Goodrich Petroleum (GDP), PEDEVCO (PED), Battalion Oil (BATL), Goodrich Petroleum (GDP), Gran Tierra Energy (GTE), Battalion Oil (BATL), TETRA Technologies (TTI), PrimeEnergy Resources (PNRG), SandRidge Energy (SD) and Evolution Petroleum (EPM).
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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 investors include AMG National Trust Bank (1.41%).
View institutional ownership trends for Torchlight Energy Resources.

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.

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.

One share of TRCH stock can currently be purchased for approximately $0.50.

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.

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

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]