Headlines about Torchlight Energy Resources (NASDAQ:TRCH) have trended positive this week, according to Accern. The research group rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Torchlight Energy Resources earned a coverage optimism score of 0.30 on Accern’s scale. Accern also assigned media stories about the oil and gas company an impact score of 46.2088968263825 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Shares of Torchlight Energy Resources (NASDAQ:TRCH) traded down $0.04 during trading hours on Friday, hitting $1.20. 212,200 shares of the stock traded hands, compared to its average volume of 225,692. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.70. Torchlight Energy Resources has a one year low of $0.95 and a one year high of $1.96.

Torchlight Energy Resources (NASDAQ:TRCH) last announced its quarterly earnings results on Tuesday, November 14th. The oil and gas company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $0.02 million for the quarter. Torchlight Energy Resources had a negative net margin of 5,617.57% and a negative return on equity of 43.83%.

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Torchlight Energy Resources Company Profile

Torchlight Energy Resources, Inc (Torchlight) is engaged in the acquisition, exploration, exploitation and/or development of oil and natural gas properties in the United States. The Company focuses on drilling and working interest programs within the United States. The Company has interests in approximately four oil and gas projects: the Marcelina Creek Field Development in Wilson County, Texas; the Ring Energy Joint Venture in Southwest Kansas; Hunton wells in partnership with Husky Ventures in Central Oklahoma, and the Orogrande Project in Hudspeth County, Texas.

Insider Buying and Selling by Quarter for Torchlight Energy Resources (NASDAQ:TRCH)

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