Media headlines about Torchlight Energy Resources (NASDAQ:TRCH) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Torchlight Energy Resources earned a coverage optimism score of 0.24 on Accern’s scale. Accern also gave press coverage about the oil and gas company an impact score of 46.8527423370167 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Torchlight Energy Resources (NASDAQ:TRCH) traded down 1.48% on Tuesday, hitting $1.33. 124,706 shares of the company’s stock traded hands. Torchlight Energy Resources has a one year low of $0.66 and a one year high of $1.96. The stock’s market cap is $78.77 million. The stock has a 50-day moving average of $1.50 and a 200-day moving average of $1.48.
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.
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