Torchlight Energy Resources
Market Cap
US$150.0m
Last Updated
2021/01/20 00:07 UTC
Data Sources
Company Financials
Executive Summary
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. More Details
Risk Analysis
Snowflake Analysis
Worrying balance sheet with weak fundamentals.
Share Price & News
How has Torchlight Energy Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TRCH is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 22% a week.
Volatility Over Time: TRCH's weekly volatility (22%) has been stable over the past year, but is still higher than 75% of US stocks.
Market Performance
7 Day Return
18.0%
TRCH
0.6%
US Oil and Gas
0.3%
US Market
1 Year Return
132.3%
TRCH
-24.0%
US Oil and Gas
21.1%
US Market
Return vs Industry: TRCH exceeded the US Oil and Gas industry which returned -26.7% over the past year.
Return vs Market: TRCH exceeded the US Market which returned 19.5% over the past year.
Shareholder returns
| TRCH | Industry | Market | |
|---|---|---|---|
| 7 Day | 18.0% | 0.6% | 0.3% |
| 30 Day | 208.2% | 12.4% | 3.3% |
| 90 Day | 449.3% | 45.0% | 14.2% |
| 1 Year | 132.3%132.3% | -18.9%-24.0% | 23.8%21.1% |
| 3 Year | 23.8%23.8% | -32.2%-41.4% | 45.0%35.4% |
| 5 Year | 112.7%112.7% | 1.7%-18.3% | 127.7%102.3% |
Long-Term Price Volatility Vs. Market
How volatile is Torchlight Energy Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall St
Would Torchlight Energy Resources (NASDAQ:TRCH) Be Better Off With Less Debt?6 months ago | Simply Wall St
What We Learned About Torchlight Energy Resources' (NASDAQ:TRCH) CEO Compensation10 months ago | Simply Wall St
Does Torchlight Energy Resources, Inc.'s (NASDAQ:TRCH) CEO Pay Compare Well With Peers?Valuation
Is Torchlight Energy Resources undervalued compared to its fair value and its price relative to the market?
9.56x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TRCH's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TRCH's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TRCH is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: TRCH is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TRCH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TRCH is overvalued based on its PB Ratio (9.6x) compared to the US Oil and Gas industry average (1.1x).
Next Steps
Future Growth
How is Torchlight Energy Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
51.3%
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Torchlight Energy Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of TRCH’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Explore growth companies in the Energy industry.
Past Performance
How has Torchlight Energy Resources performed over the past 5 years?
37.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRCH is currently unprofitable.
Growing Profit Margin: TRCH is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TRCH is unprofitable, but has reduced losses over the past 5 years at a rate of 37.6% per year.
Accelerating Growth: Unable to compare TRCH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TRCH is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-32.7%).
Return on Equity
High ROE: TRCH has a negative Return on Equity (-88.44%), as it is currently unprofitable.
Next Steps
Financial Health
How is Torchlight Energy Resources's financial position?
Financial Position Analysis
Short Term Liabilities: TRCH's short term assets ($2.0M) do not cover its short term liabilities ($18.3M).
Long Term Liabilities: TRCH's short term assets ($2.0M) exceed its long term liabilities ($2.0M).
Debt to Equity History and Analysis
Debt Level: TRCH's debt to equity ratio (112.5%) is considered high.
Reducing Debt: TRCH's debt to equity ratio has increased from 65% to 112.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: TRCH has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TRCH has less than a year of cash runway if free cash flow continues to grow at historical rates of 4.6% each year.
Next Steps
Dividend
What is Torchlight Energy Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TRCH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TRCH's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TRCH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TRCH's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TRCH's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.1yrs
Average management tenure
CEO
John Brda (55 yo)
6.08yrs
Tenure
US$375,000
Compensation
Mr. John A. Brda has been the Chief Executive Officer of Torchlight Energy Resources, Inc. since December 30, 2014 and its President and Secretary of Torchlight Energy Resources, Inc. since January 24, 201...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD375.00K) is about average for companies of similar size in the US market ($USD534.46K).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.08yrs | US$375.00k | 2.33% $ 3.5m | |
| Chief Financial Officer | 7.33yrs | US$225.00k | 0.010% $ 15.1k | |
| Consulting Geologist | 2.42yrs | no data | no data |
6.1yrs
Average Tenure
Experienced Management: TRCH's management team is seasoned and experienced (6.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.08yrs | US$375.00k | 2.33% $ 3.5m | |
| Independent Director | 4.58yrs | US$60.50k | 0% $ 0 | |
| Chairman of the Board | 4.25yrs | no data | 11.98% $ 18.0m | |
| Independent Director | 3.42yrs | US$60.50k | 0.15% $ 218.9k | |
| Independent Director | 1.92yrs | US$84.25k | 0% $ 0 |
4.3yrs
Average Tenure
55yo
Average Age
Experienced Board: TRCH's board of directors are considered experienced (4.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TRCH insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 24.4%.
Top Shareholders
Company Information
Torchlight Energy Resources, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Torchlight Energy Resources, Inc.
- Ticker: TRCH
- Exchange: NasdaqCM
- Founded: 2010
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$149.985m
- Shares outstanding: 99.33m
- Website: https://www.torchlightenergy.com
Number of Employees
Location
- Torchlight Energy Resources, Inc.
- 5700 West Plano Parkway
- Suite 3600
- Plano
- Texas
- 75093
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TRCH | NasdaqCM (Nasdaq Capital Market) | Yes | New Common Stock | US | USD | Nov 2010 |
| 1TO | DB (Deutsche Boerse AG) | Yes | New Common Stock | DE | EUR | Nov 2010 |
Biography
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...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/20 00:07 |
| End of Day Share Price | 2021/01/19 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.