NASDAQ:TRCH

Torchlight Energy Resources Stock Forecast, Price & News

$1.57

-0.34 (-17.80 %)

(As of 01/27/2021 12:00 AM ET)

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Today's Range

$1.50

Now: $1.57▼

$1.85

50-Day Range

$0.48

MA: $0.98▼

$2.00

52-Week Range

$0.21

Now: $1.57▼

$2.15

Volume15.95 million shs

Average Volume12.99 million shs

Market Capitalization$155.94 million

P/E RatioN/A

Dividend YieldN/A

Beta2.6

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.

Overall MarketRank^™

0.59 out of 5 stars

Oils/Energy Sector

425th out of 669 stocks

Crude Petroleum & Natural Gas Industry

152nd out of 247 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Torchlight Energy Resources.

1.3 Community Rank

Outperform Votes
Torchlight Energy Resources has received 89 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Torchlight Energy Resources has received 249 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Torchlight Energy Resources has received 73.67% “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.

0.0 Dividend Strength

Dividend Yield
Torchlight Energy Resources does not currently pay a dividend.
Dividend Growth
Torchlight Energy Resources does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Torchlight Energy Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought $750,000.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 17.49% of the stock of Torchlight Energy Resources is held by insiders.
Percentage Held by Institutions
Only 6.31% of the stock of Torchlight Energy Resources is held by institutions.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Torchlight Energy Resources is -7.85, 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. Sector
The P/E ratio of Torchlight Energy Resources is -7.85, 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 Ratio
Torchlight Energy Resources has a P/B Ratio of 8.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Phone214-432-8002

Employees4

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.13

Current Ratio0.11

Quick Ratio0.11

Price-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 / Sales207.93

Cash FlowN/A

Price / Cash FlowN/A

Book Value$0.19 per share

Price / Book8.26

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$-9,840,000.00

Net Margins-4,346.59%

Return on Equity-77.14%

Return on Assets-32.40%

Miscellaneous

Outstanding Shares99,328,000

Market Cap$155.94 million

Next Earnings Date3/15/2021 (Estimated)

OptionableNot Optionable

$1.57

-0.34 (-17.80 %)

(As of 01/27/2021 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 price 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. Since then, TRCH shares have increased by 248.9% and is now trading at $1.57.
View which stocks have been most impacted by COVID-19.

Is Torchlight Energy Resources a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Torchlight Energy Resources in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Torchlight Energy Resources stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRCH, but not buy additional shares or sell existing shares.
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 past winning trading ideas 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 Monday, March 15th 2021.
View our earnings forecast for Torchlight Energy Resources.

How were Torchlight Energy Resources' earnings last quarter?

Torchlight Energy Resources, Inc. (NASDAQ:TRCH) announced its 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 had revenue of $0.02 million for the quarter. Torchlight Energy Resources had a negative trailing twelve-month return on equity of 77.14% and a negative net margin of 4,346.59%.
View Torchlight Energy Resources' earnings history.

Who are some of Torchlight Energy Resources' key competitors?

Some companies that are related to Torchlight Energy Resources include Callon Petroleum (CPE), Kimbell Royalty Partners (KRP), Northern Oil and Gas (NOG), Dorchester Minerals (DMLP), Contango Oil & Gas (MCF), Birchcliff Energy (BIREF), Bonanza Creek Energy (BCEI), Genel Energy (GEGYY), Hess Midstream (HESM), W&T Offshore (WTI), Delek Group (DGRLY), Earthstone Energy (ESTE), Berry Petroleum (BRY), Advantage Oil & Gas (AAVVF) and Laredo Petroleum (LPI).
View all of TRCH's 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 56, Pay $375k)
Mr. Roger N. Wurtele, Chief Financial Officer (Age 75, 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 shareholders include Journey Advisory Group LLC (0.04%).
View institutional ownership trends for Torchlight Energy Resources.

Which major investors are buying Torchlight Energy Resources stock?

TRCH stock was acquired by a variety of institutional investors in the last quarter, including Journey Advisory Group LLC.
View insider buying and selling activity for Torchlight Energy Resources or or view top insider-buying stocks.

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 WeBull, 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 $1.57.

How big of a company is Torchlight Energy Resources?

Torchlight Energy Resources has a market capitalization of $155.94 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 1/28/2021 by MarketBeat.com Staff

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