Positive News Coverage Somewhat Unlikely to Impact Torchlight Energy Resources (TRCH) Stock Price

Press coverage about Torchlight Energy Resources (NASDAQ:TRCH) has trended positive on Tuesday, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Torchlight Energy Resources earned a news sentiment score of 0.26 on Accern’s scale. Accern also assigned media headlines about the oil and gas company an impact score of 46.8598724029902 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Shares of Torchlight Energy Resources (NASDAQ:TRCH) opened at $1.20 on Tuesday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.56 and a current ratio of 2.56. Torchlight Energy Resources has a twelve month low of $0.91 and a twelve month high of $1.96.

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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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