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NASDAQ:TRCH - Torchlight Energy Resources Stock Price, Forecast & News

$0.66
+0.01 (+1.55 %)
(As of 01/19/2020 04:00 PM ET)
Today's Range
$0.65
Now: $0.66
$0.67
50-Day Range
$0.63
MA: $0.79
$1.05
52-Week Range
$0.61
Now: $0.66
$1.98
Volume234,108 shs
Average Volume256,784 shs
Market Capitalization$48.84 million
P/E RatioN/A
Dividend YieldN/A
Beta2
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.

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:TRCH
CUSIPN/A
Phone214-432-8002

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.28 million
Book Value$0.26 per share

Profitability

Net Income$-5,810,000.00
Net Margins-528.13%

Miscellaneous

Employees2
Market Cap$48.84 million
Next Earnings DateN/A
OptionableNot Optionable

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Torchlight Energy Resources (NASDAQ:TRCH) Frequently Asked Questions

What is Torchlight Energy Resources' stock symbol?

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

How were Torchlight Energy Resources' earnings last quarter?

Torchlight Energy Resources Inc (NASDAQ:TRCH) released its quarterly earnings data on Tuesday, November, 14th. The oil and gas company reported ($0.02) earnings per share (EPS) for the quarter. The oil and gas company had revenue of $0.02 million for the quarter. Torchlight Energy Resources had a negative net margin of 528.13% and a negative return on equity of 28.59%. View Torchlight Energy Resources' Earnings History.

What price target have analysts set for TRCH?

2 brokerages have issued twelve-month price targets for Torchlight Energy Resources' stock. Their forecasts range from $2.70 to $3.00. On average, they anticipate Torchlight Energy Resources' stock price to reach $2.85 in the next year. This suggests a possible upside of 335.1% from the stock's current price. View Analyst Price Targets for Torchlight Energy Resources.

What is the consensus analysts' recommendation for Torchlight Energy Resources?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Torchlight Energy Resources in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Torchlight Energy Resources.

Has Torchlight Energy Resources been receiving favorable news coverage?

Press coverage about TRCH stock has trended positive recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Torchlight Energy Resources earned a daily sentiment score of 2.6 on InfoTrie's scale. They also assigned news stories about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Torchlight Energy Resources.

Are investors shorting Torchlight Energy Resources?

Torchlight Energy Resources saw a increase in short interest in December. As of December 13th, there was short interest totalling 4,160,000 shares, an increase of 16.2% from the November 28th total of 3,580,000 shares. Based on an average trading volume of 120,700 shares, the short-interest ratio is currently 34.5 days. Approximately 7.7% of the shares of the company are sold short. View Torchlight Energy Resources' Current Options Chain.

Who are some of Torchlight Energy Resources' key competitors?

What other stocks do shareholders of Torchlight Energy Resources own?

Who are Torchlight Energy Resources' key executives?

Torchlight Energy Resources' management team includes the folowing 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

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 $0.66.

How big of a company is Torchlight Energy Resources?

Torchlight Energy Resources has a market capitalization of $48.84 million and generates $1.28 million in revenue each year. Torchlight Energy Resources employs 2 workers across the globe.View Additional Information About Torchlight Energy Resources.

What is Torchlight Energy Resources' official website?

The official website for Torchlight Energy Resources is http://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]


MarketBeat Community Rating for Torchlight Energy Resources (NASDAQ TRCH)

Community Ranking:  1.2 out of 5 (star)
Outperform Votes:  76 (Vote Outperform)
Underperform Votes:  233 (Vote Underperform)
Total Votes:  309
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.
This page was last updated on 1/19/2020 by MarketBeat.com Staff

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