NASDAQ:TRCHTorchlight Energy Resources Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Torchlight Energy Resources Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $0.36 +0.00 (+0.88 %) (As of 06/2/2020 04:00 PM ET) Add Compare Share Today's Range$0.34Now: $0.36▼$0.3650-Day Range$0.29MA: $0.39▼$0.4852-Week Range$0.28Now: $0.36▼$1.86Volume161,600 shsAverage Volume334,893 shsMarket Capitalization$30.28 millionP/E RatioN/ADividend YieldN/ABeta1.6 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for Torchlight Energy Resources. Previous Next 1.3 Community Rank Outperform VotesTorchlight Energy Resources has received 89 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTorchlight Energy Resources has received 248 “underperform” votes. (Add your “underperform” vote.)Community SentimentTorchlight 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. Previous Next 0.0 Dividend Strength Dividend YieldTorchlight Energy Resources does not currently pay a dividend.Dividend GrowthTorchlight Energy Resources does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Torchlight Energy Resources insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 27.24% of the stock of Torchlight Energy Resources is held by insiders.Percentage Held by InstitutionsOnly 7.27% of the stock of Torchlight Energy Resources is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Torchlight Energy Resources are expected to grow in the coming year, from ($0.06) to $0.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Torchlight Energy Resources is -2.54, 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. SectorThe P/E ratio of Torchlight Energy Resources is -2.54, 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 RatioTorchlight Energy Resources has a P/B Ratio of 1.87. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.0Community Rank: 1.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™0.39 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 Phone214-432-8002Debt Debt-to-Equity Ratio0.79 Current Ratio0.05 Quick Ratio0.05Price-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 / Sales40.37 Cash FlowN/A Price / Cash FlowN/A Book Value$0.19 per share Price / Book1.87Profitability EPS (Most Recent Fiscal Year)($0.14) Net Income$-9,840,000.00 Net Margins-1,319.04% Return on Equity-55.01% Return on Assets-23.58%Miscellaneous Employees2 Outstanding Shares85,274,000Market Cap$30.28 million Next Earnings Date6/5/2020 (Estimated) OptionableNot Optionable NASDAQ:TRCH Rates by TradingView 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 been impacted by COVID-19 (Coronavirus)? Torchlight Energy Resources' stock was trading at $0.45 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TRCH shares have decreased by 21.1% and is now trading at $0.3551. View which stocks have been most impacted by Coronavirus. 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, June 5th 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, March, 16th. The oil and gas company reported ($0.09) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.01) by $0.08. The oil and gas company had revenue of $0.13 million for the quarter. Torchlight Energy Resources had a negative net margin of 1,319.04% and a negative return on equity of 55.01%. View Torchlight Energy Resources' earnings history. Has Torchlight Energy Resources been receiving favorable news coverage? News stories about TRCH stock have been trending very negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Torchlight Energy Resources earned a news sentiment score of -3.8 on InfoTrie's scale. They also assigned news coverage about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near future. View the latest news aboutTorchlight Energy Resources. Who are some of Torchlight Energy Resources' key competitors? Some companies that are related to Torchlight Energy Resources include Denbury Resources (DNR), Epsilon Energy (EPSN), Panhandle Oil and Gas (PHX), Painted Pony Energy (PDPYF), California Resources (CRC), Whiting Petroleum (WLL), VAALCO Energy (EGY), SandRidge Energy (SD), Permianville Royalty Trust (PVL), HighPoint Resources (HPR), Amplify Energy (AMPY), TETRA Technologies (TTI), SilverBow Resources (SBOW), MV Oil Trust (MVO) and Extraction Oil & Gas (XOG). 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), Walt Disney (DIS), Novavax (NVAX), NVIDIA (NVDA), Zynerba Pharmaceuticals (ZYNE), Canopy Growth (CGC) and Target (TGT). 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 many different retail and institutional investors. Top institutional shareholders include AMG National Trust Bank (1.63%), PNC Financial Services Group Inc. (0.09%) and Fayez Sarofim & Co (0.08%). View institutional ownership trends for Torchlight Energy Resources. Which institutional investors are selling Torchlight Energy Resources stock? TRCH stock was sold by a variety of institutional investors in the last quarter, including Fayez Sarofim & Co, and AMG National Trust Bank. View insider buying and selling activity 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 PNC Financial Services Group Inc.. 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 $0.36. How big of a company is Torchlight Energy Resources? Torchlight Energy Resources has a market capitalization of $30.28 million and generates $750,000.00 in revenue each year. The oil and gas company earns $-9,840,000.00 in net income (profit) each year or ($0.14) on an earnings per share basis. 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 6/3/2020 by MarketBeat.com Staff
