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, 2017 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 based in Plano, Texas.
Industry, Sector and Symbol
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
Phone214-432-8002
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$570,000.00
Profitability
Miscellaneous
Employees4
Next Earnings DateN/A
OptionableNot Optionable
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) posted 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 net margin of 146.68% and a negative return on equity of 11.94%. View Torchlight Energy Resources' Earnings History.
What price target have analysts set for TRCH?
2 equities research analysts have issued 1 year price targets for Torchlight Energy Resources' shares. Their forecasts range from $1.75 to $1.75. On average, they expect Torchlight Energy Resources' share price to reach $1.75 in the next year. This suggests a possible upside of 10.1% 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?
Headlines about TRCH stock have been trending somewhat positive this week, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Torchlight Energy Resources earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave media headlines about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days.
Who are some of Torchlight Energy Resources' key competitors?
Some companies that are related to Torchlight Energy Resources include Eclipse Resources (ECR), Isramco (ISRL), Pengrowth Energy (PGHEF), Chaparral Energy (CHAP), TETRA Technologies (TTI), Advantage Oil & Gas (AAVVF), SandRidge Energy (SD), Halcon Resources (HK), Panhandle Oil and Gas (PHX), NOSTRUM OIL & G/ADR (NSTRY), SilverBow Resources (SBOW), Primeenergy Resources (PNRG), Midstates Petroleum (MPO), Abraxas Petroleum (AXAS) and Obsidian Energy (OBE).
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
Who are Torchlight Energy Resources' major shareholders?
Which major investors are buying Torchlight Energy Resources stock?
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, Scottrade, Fidelity and Charles Schwab.
What is Torchlight Energy Resources' stock price today?
One share of TRCH stock can currently be purchased for approximately $1.59.
How big of a company is Torchlight Energy Resources?
Torchlight Energy Resources has a market capitalization of $111.48 million and generates $570,000.00 in revenue each year. Torchlight Energy Resources employs 4 workers across the globe.
What is Torchlight Energy Resources' official website?
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)
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.
