Torchlight Energy Resources, Inc. (TRCH)
| Market Cap | 454.16M |
| Revenue (ttm) | 111,230 |
| Net Income (ttm) | -11.14M |
| Shares Out | 145.56M |
| EPS (ttm) | -0.11 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | June 11 |
| Last Price | $3.12 |
| Previous Close | $3.01 |
| Change ($) | 0.11 |
| Change (%) | 3.65% |
| Day's Open | 3.07 |
| Day's Range | 2.94 - 3.22 |
| Day's Volume | 8,473,556 |
| 52-Week Range | 0.21 - 4.83 |
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PLANO, TX / ACCESSWIRE / June 11, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ('Torchlight'), today announced the results from the special meeting of its s...
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PLANO, TX / ACCESSWIRE / May 25, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ("Torchlight"), today announced that stockholders representing 46% of the Torc...
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PLANO, TX / ACCESSWIRE / May 7, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ("Torchlight"), today announced that it has filed a definitive proxy statement ...
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Yet another delay for Torchlight's big merger, and investors are not pleased. Now what's holding things up?
PLANO, TX / ACCESSWIRE / May 3, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ("Torchlight"), today announced that Torchlight and Metamaterial Inc. ("Metamat...
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The energy company provided an update on a complicated merger. Investors were not pleased with the news.
Important company plans were delayed and investors didn't take kindly to the news. Here's what you need to know.
Torchlight provided an update on its reverse merger with Metamaterial, and investors weren't pleased with the timing of things.
PLANO, TX and HALIFAX, NS / ACCESSWIRE / March 10, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ("Torchlight") and Metamaterial Inc. ("META") (CSE:MMAT), a ...
Torchlight Energy seeks to develop its high-potential energy asset base, thereby offering TRCH stock holders upside in the commodities cycle. The post Carry the Torch for Torchlight Energy as Debts Are ...
Sometimes the market gives one day and the market takes away the next.
The big story was Texas and the impact it had on the energy sector, which was, indeed, sizable.
Torchlight Energy (TRCH) stock is soaring higher on Tuesday after announcing that it no longer has any term debt to worry about. The post TRCH Stock Alert: Why Torchlight Energy Shares Are Blazing Highe...
Torchlight Energy (TRCH) stock is soaring higher on Wednesday as its shares experience incredibly heavy trading and a public offering closes. The post TRCH Stock Alert: 8 Things to Know About Torchlight...
PLANO, TX / ACCESSWIRE / January 14, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ("Torchlight"), announced today that the holder of $1,120,000 of Torchligh...
PLANO, TX / ACCESSWIRE / January 13, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ("Torchlight"), announced today that the holders of $1,043,573 of Torchlig...
PLANO, TX / ACCESSWIRE / January 6, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ("Torchlight"), announced today that the holders of $1,500,000 of Torchligh...
PLANO, TX / ACCESSWIRE / December 23, 2020 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ("Torchlight"), announced today that the holders of $1,100,953 of Torchli...
PLANO, TX and HALIFAX, NS / ACCESSWIRE / December 18, 2020 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ("Torchlight") and Metamaterial Inc. ("META") (CSE:MMAT),...
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About TRCH
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, 2020, it had interests in three oil and gas projects, including the Orogrande project in Hudspeth County, Texas; the Hazel project in Sterling, Tom Green, and Irion Counties, Texas; and the Hunton wells in partnership with Kodiak Ventures in central Oklahoma. The company was founded in 2010 and is headquartered in Plano, Texas.
| Industry Oil & Gas E&P | Founded 2010 |
| Stock Exchange NASDAQ | Ticker Symbol TRCH |
Financial Performance
In 2020, TRCH's revenue was $193,379, a decrease of -74.09% compared to the previous year's $746,263. Losses were -$12.78 million, 29.9% more than in 2019.
Analyst Forecasts
The average 12-month stock price forecast for TRCH is 2.70, which is a decrease of -13.46% from the latest price.