NasdaqCM:TRCH

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Torchlight Energy Resources

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


Snowflake Analysis

Mediocre 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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0.1%

TRCH

-1.1%

US Oil and Gas

-1.1%

US Market


1 Year Return

-68.5%

TRCH

-47.4%

US Oil and Gas

15.6%

US Market

Return vs Industry: TRCH underperformed the US Oil and Gas industry which returned -45.8% over the past year.

Return vs Market: TRCH underperformed the US Market which returned 17.8% over the past year.


Shareholder returns

TRCHIndustryMarket
7 Day0.1%-1.1%-1.1%
30 Day18.4%-0.04%4.2%
90 Day-12.3%-17.9%6.3%
1 Year-68.5%-68.5%-44.2%-47.4%18.2%15.6%
3 Year-79.3%-79.3%-47.3%-54.2%39.6%30.4%
5 Year-81.0%-81.0%-46.5%-56.8%79.5%59.2%

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

Valuation

Is Torchlight Energy Resources undervalued compared to its fair value and its price relative to the market?

1.65x

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 (1.7x) compared to the US Oil and Gas industry average (0.8x).


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?

55.4%

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

Past Performance

How has Torchlight Energy Resources performed over the past 5 years?

45.0%

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 45% 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 (-35%).


Return on Equity

High ROE: TRCH has a negative Return on Equity (-89.1%), 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 ($1.5M) do not cover its short term liabilities ($16.2M).

Long Term Liabilities: TRCH's short term assets ($1.5M) do not cover its long term liabilities ($2.0M).


Debt to Equity History and Analysis

Debt Level: TRCH's debt to equity ratio (99.9%) is considered high.

Reducing Debt: TRCH's debt to equity ratio has reduced from 113.9% to 99.9% 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 sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: TRCH is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.


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?

5.8yrs

Average management tenure


CEO

John Brda (55 yo)

5.83yrs

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 ($USD375.00K) is below average for companies of similar size in the US market ($USD578.04K).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
John Brda
President5.83yrsUS$375.00k2.34%
$ 648.9k
Roger Wurtele
Chief Financial Officer7.08yrsUS$225.00k0.010%
$ 2.8k
Rich Masterson
Consulting Geologist2.17yrsno datano data

5.8yrs

Average Tenure

Experienced Management: TRCH's management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Brda
President5.83yrsUS$375.00k2.34%
$ 648.9k
Alexandre Zyngier
Independent Director4.33yrsUS$60.50k0%
$ 0
Gregory McCabe
Chairman of the Board4yrsno data10.35%
$ 2.9m
Michael Graves
Independent Director3.17yrsUS$60.50k0.15%
$ 40.6k
Robert Cook
Independent Director1.67yrsUS$84.25k0%
$ 0

4.0yrs

Average Tenure

55yo

Average Age

Experienced Board: TRCH's board of directors are considered experienced (4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 34.9%.


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$27.758m
  • Shares outstanding: 99.17m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TRCHNasdaqCM (Nasdaq Capital Market)YesNew Common StockUSUSDNov 2010
1TODB (Deutsche Boerse AG)YesNew Common StockDEEURNov 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/26 23:50
End of Day Share Price2020/10/26 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.