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.
Research context
Torchlight Energy Resources, Inc appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Energy
- Industry
- Oil & Gas E&P
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5 years, 6 months ago
Torchlight Energy Resources, Inc is currently in a long term uptrend where the price is trading 138.1% above its 200 day moving average.
From a valuation standpoint, the stock is 10453.4% more expensive than other stocks from the Energy sector with a price to sales ratio of 849.1.
Torchlight Energy Resources, Inc's total revenue sank by 248.2% to $-188K since the same quarter in the previous year.
Its net income has dropped by 112.4% to $-13M since the same quarter in the previous year.
Finally, its free cash flow fell by 162.1% to $-6M since the same quarter in the previous year.
Based on the above factors, Torchlight Energy Resources, Inc gets an overall score of 1/5.