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Torchlight Energy Resources Stock Price, News & Analysis (NASDAQ:TRCH)

$0.78
-0.06 (-7.14 %)
(As of 10/18/2019 04:00 PM ET)
Today's Range
$0.76
Now: $0.78
$0.85
50-Day Range
$0.76
MA: $1.07
$1.25
52-Week Range
$0.53
Now: $0.78
$1.98
Volume227,921 shs
Average Volume145,736 shs
Market Capitalization$57.35 million
P/E RatioN/A
Dividend YieldN/A
Beta1.97
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-475.72%

Miscellaneous

Employees2
Market Cap$57.35 million
Next Earnings Date11/8/2019 (Estimated)
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) posted its quarterly earnings results on Friday, August, 9th. The oil and gas company reported ($0.01) earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of ($0.01). The oil and gas company earned $0.24 million during the quarter, compared to the consensus estimate of $0.52 million. Torchlight Energy Resources had a negative return on equity of 27.61% and a negative net margin of 475.72%. View Torchlight Energy Resources' Earnings History.

When is Torchlight Energy Resources' next earnings date?

Torchlight Energy Resources is scheduled to release their next quarterly earnings announcement on Friday, November 8th 2019. View Earnings Estimates for Torchlight Energy Resources.

What price target have analysts set for TRCH?

2 analysts have issued 12 month price objectives for Torchlight Energy Resources' shares. Their predictions range from $2.70 to $3.00. On average, they expect Torchlight Energy Resources' share price to reach $2.85 in the next twelve months. This suggests a possible upside of 265.4% 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 very negative on Saturday, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by analyzing 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 nearest to five being the most favorable. Torchlight Energy Resources earned a media sentiment score of -3.8 on InfoTrie's scale. They also gave news coverage about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Torchlight Energy Resources.

Are investors shorting Torchlight Energy Resources?

Torchlight Energy Resources saw a decrease in short interest in September. As of September 15th, there was short interest totalling 2,680,000 shares, a decrease of 13.8% from the August 15th total of 3,110,000 shares. Based on an average trading volume of 273,000 shares, the short-interest ratio is presently 9.8 days. Approximately 5.3% of the shares of the stock are short sold. 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 $0.78.

How big of a company is Torchlight Energy Resources?

Torchlight Energy Resources has a market capitalization of $57.35 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:  67 (Vote Outperform)
Underperform Votes:  216 (Vote Underperform)
Total Votes:  283
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 10/19/2019 by MarketBeat.com Staff

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