trch dividend estimate

Its quarterly revenue was up 45.4% compared to the same quarter last year. TRCH's dividend yield, history, payout ratio, proprietary DARS™ rating & much more! Torchlight Energy Resources, Inc. If the last five payouts show variability and are not all growing, we estimate future payouts by applying the lowest growth rate (negative growth rates included) to the most recent payment. The reported ($1.85) EPS for the quarter, missing the consensus estimate of ($0.18) by $1.67. TRCH Overview. PROSPECTUS SUPPLEMENT. Inside Torchlight Energy Resources Inc's 10-K Annual Report: Financial - Expense Highlight The increase in general and administrative expenses for the year ended December 31, 2020 compared to 2019 is detailed as follows: Increase(decrease) in non cash stock and warrant compensation (537,572 Increase(decrease) in consulting expense (132,512 Increase(decrease) in professional fees … Yield is the amount of dividends paid per share, divided by the closing price. This figure has climbed slightly in recent years though, reaching 691,700 in 2020. High Case estimate 5.0 billion recoverable barrels * 72.5% interest at 50 cents per barrel= 3.625+12.75m (Hazel/Winkler) =3.638b =$25.33 per share. Through this reverse merger Torchlight receive a 25% stake in META. : Get the latest Neos stock price and detailed information including news, historical charts and realtime prices. For Dividend Stocks, Blue Chip Stocks, Most Active Stocks, Most Shorted Stocks, Cheap Stocks, Stocks on Sale, and much more Financhill Trade Ideas. It is primarily focused on the acquisition of early-stage projects, the development and delineation of the projects, and then the monetization of those assets once these activities are completed. TRCH Stock Analysis Overview. Annual Dividend & Yield: The indicated annual dividend rate and yield, calculated from the latest dividend. 333-256632. NASDAQ: TRCH. ACCESSWIRE -9.73%. The regular price of the company is $5.07. Dividend Definition. Shares in Torchlight Energy Resources Inc are currently trading at $1.95 and the price has moved by 0.362k% over the past 365 days. What this means: Torchlight Energy (TRCH) gets an Overall Rank of 59, which is an above average rank under InvestorsObserver's stock ranking system. Short Interest. The dividend rate is the portion of a company's profit paid to shareholders, quoted as the dollar amount each share receives (dividends per share). On January 21, a corporation’s board of directors declared a 2% cash dividend on $100,000 of outstanding common stock. Learn about TRCH (XNAS) with our data and independent analysis including price, star rating, valuation, dividends, and financials. Torchlight Declares Special Dividend of New Series A Preferred. If you haven't heard, Torchlight Energy (.45) recently announced a merge with META. Torchlight Provides Update on Proposed Business Combination Timing. Torchlight has assets focused in West and Central Texas, where their targets are established plays such as the Permian Basin. The following article was written by Mergermarket, the leading provider of forward-looking M&A intelligence and data to M&A professionals and corporates around the world. Shares of Torchlight Energy Resources (NASDAQ: TRCH) and AST SpaceMobile (NASDAQ: ASTS), two meme stocks recently favored by the Reddit crowd, are … . Accesswire. SECURITIES AND EXCHANGE COMMISSION. Business Description Torchlight Energy Resources, Inc. is an energy company, which engages in the acquisition, exploration, exploitation, and development of oil and natural gas properties. Apr-27-20 08:00AM. 20. Common Stock. During their last earnings release the company posted EPS of $-0.15. The company belongs in the Oil & Gas industry, Energy sector and employs 2 people. Paychex, Inc. is a provider of integrated human capital management (HCM) solutions for payroll, human resource (HR), retirement and insurance services for small- to medium-sized businesses in the United States. The company had announced that it has declared a Special Dividend of Series A Preferred Stock to be issued on a one-for-one basis to common stockholders of record as of the close of market trading on June 24, 2021 (subject to adjustment for any reverse split of Torchlight’s common stock after the record date but before the dividend is paid). Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). While this has caused REIT prices to climb and their yields to fall, there are still opportunities to pick up some high dividend REITs with room for … Canopy Growth has generated $1.32 earnings per TRCH View the latest TRCH financial statements, income statements and financial ratios. 4: Procter & Gamble (PG) Dividend Yield: 2.3%. Torchlight Energy Resources, Inc. (TRCH), based in Plano, Texas, is a high growth oil and gas Exploration and Production (E&P) company with a primary objective of acquisition and development of domestic oil fields. In this case, the Financial Industry Regulatory Authority (FINRA) indicates that the ex-date is the first business day following the payable date." Its quarterly revenue was up 45.4% compared to the same quarter last year. Note: For Interest Coverage, if value is 10,000, it means the company has no debt for that period.If value is 9,999, it means interest coverage is not calculable for that period. Sales (Revenue) ... Dividend Date-Ex-Dividend … Torchlight Energy Resources (TRCH.Q), an oil and gas exploration company, announced today that it has declared a special dividend of Series A preferred stock to be issued on a one-for-one basis to common stockholders of record as of the close of market trading on June 24, 2021. TRCH: Get the latest Torchlight Energy Resources stock price and detailed information including TRCH news, historical charts and realtime prices. (To Prospectus dated June 14, 2021) Up to $100,000,000. Overall. At .70/share, even a .10 dividend payout would be a healthy return, not to mention retaining stocks in Meta after the acquisition. "Torchlight Energy Resources Inc. announced it recently deepened and ran electric logs in the A25 #2 well at the Orogrande basin project. Cash dividends are cash distributions of accumulated earnings by a corporation to its stockholders. The business had revenue of $167.40 million for the quarter, compared to analysts’ expectations of $149.97 million. TRCH: Torchlight Energy Resources, Inc. Torchlight Energy Resources Inc. (NASDAQ: TRCH) stock closed at 3.1 per share at the end of the most recent trading day (a -5.2 % change compared to the prior day closing price) with a volume of 7.29M shares and market capitalization of 451.25M.Is a component of indices and it is traded on NASDAQ exchange. Apr-09-20 08:30AM. At last look, the NYSE Energy Sector Index was falling 3.5% while the SPDR Energy Select Sector ETF … To illustrate the entries for cash dividends, consider the following example. Social Media. Torchlight Extends Maturity on $10.5 Million in Debt. The reported ($1.85) EPS for the quarter, missing the consensus estimate of ($0.18) by $1.67. The stock of Torchlight Energy Resources (NAS:TRCH, 30-year Financials) is believed to be significantly overvalued, according to GuruFocus Value calculation.GuruFocus Value is GuruFocus' estimate of the fair value at which the stock should be traded. As of the end of 2019, in the US, there were an estimated 664,565 active certificated pilots. Apr-27-20 08:00AM. Crypto-Broker – мошеннический сайт! (% of float 05/28/21) 12.20. Preferred Stock Dividend to be Issued to Torchlight Shar Company profile. TRCH Industry Average Percentile in Industry; Market Capitalization: $871.93M: $39.17B: 60th: Total Return (1 Year Annualized) AS OF 04/28/2021 +1,206.36 % +49.67 % 100th: Beta: 1.19: 0.75: 63rd: EPS (TTM) AS OF 03/31/2021 $-0.12 $-1.23: 45th: Current Consensus EPS Estimate-----EPS Growth (TTM vs. H&R Block Inc. analyst estimates, including HRB earnings per share estimates and analyst recommendations. Detailed Estimate. .this is the first time the company drilled through and confirmed the presence of the Barnett and Woodford formations directly on its property." . Get information about Torchlight Energ dividends and ex-dividend dates. The number of shares of a security that have been sold short by investors. It holds interests in the Orogrande Project in Hudspeth County, Texas and the Hazel Project in the Midland Basin. Next Dividend  N/A. TRCH Dividends. The stock of Torchlight Energy Resources (NAS:TRCH, 30-year Financials) is believed to be significantly overvalued, according to GuruFocus Value calculation.GuruFocus Value is GuruFocus' estimate of the fair value at which the stock should be traded. LAST CHANCE. "Torchlight Energy Resources Inc. announced it recently deepened and ran electric logs in the A25 #2 well at the Orogrande basin project. Torchlight Energy Resources, Inc. (TRCH), based in Plano, Texas, is a high-growth oil and gas Exploration and Production (E&P) company with a primary objective of acquisition and development of domestic oil fields. Filed pursuant to Rule 424 (b) (5) Registration No. EDIT: I think it is important for me to stress that I am not saying that the special dividend will be $22.55 and I'm not suggesting that the stock price will rise to that value in just 3 weeks either. 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. Announces Pricing of Public Offering of Common Stock. Torchlight Receives Drilling And Development Obligations Relief On Its Orogrande Basin Project. We estimate total returns to reach nearly 10% per year. Torchlight Investor Presentation Now I have considered the fact that this could just be a double top or h&s. Show more. Looks like we may have to hold our shares until after the pay out of the preferred TRCH shares for the dividend. Certainly much less value than what some social media posts estimate. Torchlight Energy Resources Inc. [NASDAQ: TRCH] stock went on a downward path that fall over -8.84% on Friday, amounting to a one-week price increase of more than 16.53%. Read full definition. Description. UNITED STATES. Our system considers the available information about the company and then compares it to all the other stocks we have data on to get a percentile-ranked value. Torchlight Energy (NASDAQ:TRCH) -8.6% pre-market after filing to sell up to $100M in common shares, according to an 8-K filing. Torchlight Energy Last Dividend Paid is currently at 0.0. Torchlight Receives Drilling And Development Obligations Relief On Its Orogrande Basin Project. Get the latest Full Company Report for Torchlight Energy Resources, Inc. from Zacks Investment Research PLANO, TX / ACCESSWIRE / May 3, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ("Torchlight"), today announced that Torchlight and Metamaterial Inc. ("Metamaterial") have agreed to extend the date by which Torchlight … Provided by PR Newswire Jun 15, 2021 7:50 AM PDT. TRCH stock was up 50.9% as of Tuesday morning and is up 507.3% since the start of the year. Dividend.com: The #1 Source For Dividend Investing. Torchlight Energy Resources Inc. ACCESSWIRE -15.12%. Good, no selling off after exdividend and record date. Torchlight's special dividend is likely to have limited value though. The Average Estimate for each time period is the average for the total number of contributing analysts. Announces Pricing of Public Offering of Common Stock. Expand Score. Energy stocks tumbled in Thursday trading amid lower crude oil prices. Other Notable StockTweets About TRCH. read more. On the date of publication, William White did not have … Based on analysts offering 12 month price targets for TRCH in the last 3 months. PLANO, TX and HALIFAX, NS / ACCESSWIRE / September 21, 2020 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ("Torchlight") and Metamaterial Inc. ("META") (CSE:MMAT), a developer of high-performance functional materials and nanocomposite products, … In terms of relative price strength - which takes into account the overall market trend - the Torchlight Energy Resources Inc price has moved by 0.220k% over the past year. TRCH Industry Average Percentile in Industry; Market Capitalization: $738.01M: $38.38B: 54th: Total Return (1 Year Annualized) AS OF 04/28/2021 +795.00 % +48.58 % 98th: Beta: 1.19: 0.74: 63rd: EPS (TTM) AS OF 03/31/2021 $-0.12 $-1.19: 45th: Current Consensus EPS Estimate-----EPS Growth (TTM vs. Start a 14-day free trial to Morningstar … ACCESSWIRE -15.12%. Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by Torchlight. In the past two weeks, the AMC share price has almost doubled in value, reaching new highs of $36.72 per share on Friday. ACCESSWIRE -9.73%. .this is the first time the company drilled through and confirmed the presence of the Barnett and Woodford formations directly on its property." Torchlight Extends Maturity on $10.5 Million in Debt. Market value: $232.9 million Dividend yield: 3.8% Most recent special dividend (per share): $0.10 Regular annualized dividend (per share): $0.92 Territorial Bancorp (TBNK, $24.48) is … ACCESSWIRE -15.12%. For the transition period from _____ to _____. FORM 10-Q (Mark One) x Quarterly report under Section 13 or 15(d) of the Securities Exchange Act of 1934. Announces Pricing of Public Offering of Common Stock. Percentage of Portfolio: 4.25%. Torchlight has assets focused in West and Central Texas where their targets are established plays such as the Permian Basin. Reasons for this score. Torchlight begins talks to sell Orogrande Basin discovery, CEO says 22 APR 2019 Torchlight Energy Resources [NASDAQ:TRCH] is setting meetings in the next 90 days with potential buyers for its Orogrande […] REITs have gained popularity over the past year, as other income investments haven’t been producing due to the historically low interest rates. Micron Technology last issued its earnings data on March 30th, 2021. Announces Record Date of June 24th PLANO, TX / ACCESSWIRE / June 14, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ('Torchlight'), today announced that it has declared a Special Dividend of Series A Preferred Stock to be issued on a one-for-one basis to Common Stockholders of Record as of the close of market trading on June 24, … Torchlight Energy has a current Real Value of $3.49 per share. Merck also pays a dividend which yields 3.2%, while we find the stock to be slightly undervalued at the current share price. Get detailed information on Torchlight Energy Resources Inc including stock quotes, company background, company fundamentals, company financial reports and annual dividend yield in … ACCESSWIRE -9.73%. It is typically expressed as a percentage of the total number of shares outstanding and is reported on a monthly basis. MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. The company earned $6.24 billion during the quarter, compared to the consensus estimate of $6.23 billion. If no new dividend has been announced, the most recent dividend is used. Torchlight Energy Resources Inc acquires, explores, exploits, and develops oil and natural gas properties in the United States. Apr-09-20 08:30AM. We also provide the Prior Year's Average Estimate, along with the Growth Rate over the previous year. Preferred stockholders will have the right to receive a cash dividend (on a per preferred share basis) of any net proceeds received from the sale or disposition of oil and gas assets owned by Torchlight prior to the earlier of (i) December 31, 2021 or (ii) the date which is … Market value: $232.9 million Dividend yield: 3.8% Most recent special dividend (per share): $0.10 Regular annualized dividend (per share): $0.92 Territorial Bancorp (TBNK, $24.48) is … Apr-09-20 08:30AM. According to Ortex data, short sellers lost $1.3bn during the last week, bringing total annual losses to $3.06bn as the price reached $40 per share in today’s pre-market. It holds interests in the Orogrande Project in Hudspeth County, Texas and the Hazel Project in the Midland Basin. Zen Score. Torchlight owns 72% of a 134k acre land which has estimated 3.7 billion barrels of oil. Torchlight Extends Maturity on $10.5 Million in Debt. . Torchlight Energy Resources has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Friday, June 18th, 2021 based off prior year's report dates. No. As you can see, there are many possible valuations. @SeekingbetaSHORTs If the dividend of the oil and gas value is over $5 per TRCH share then this trade will have been a losing one. For the Quarter Ended March 31, 2021. o Transition report under Section 13 or 15(d) of the Securities Exchange Act of 1934. The semiconductor manufacturer reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.03. Canopy Growth has generated $1.32 earnings per TRCH Here is a DD write up and estimate by user u/Mr_Delmont. Apr-27-20 08:00AM. The company report on April 16, 2021 that Torchlight Provides Update … Dividend Yield (TTM) is a widely used stock evaluation measure. Torchlight Energy Resources, Inc. is an energy company, which engages in the acquisition, exploration, exploitation, and development of oil and natural gas properties. At the same time, they also announced that there would be a special dividend sometime before the end of next near, but most likely around June. Special Dividend Intended to be Issued to Torchlight Shareholders at Closing. In-depth view of key statistics and finances for TORCHLIGHT ENERGY RESOURCES, INC. (TRCH) on MSN Money. . Annual Dividend/yield calculations do not guarantee or imply future payment of dividends. In its conventional sense, dividends refer to the distribution of some of Torchlight Energy's net earnings or capital gains decided by the board of directors. If dividend payments are inconsistent, as with many ADRs, the annual dividend is calculated by totaling the regular dividends paid over the trailing 12 months. Torchlight Receives Drilling And Development Obligations Relief On Its Orogrande Basin Project. -We do not have a set dividend date for Torchlight Energy Resources Inc at this time. 1d 2d 5d 1mo 3mo 6mo 1yr 3yr. TRCH will reach $50~100 due to Short Squeeze over 87~150 million shares. Medium. Torchlight Energy Resources, Inc. “By our estimates, Exxon’s forward dividend cover holds above 2x for the entire period, while net debt falls from $63 billion at end 2020 to below $5 billion by end 2030,” wrote Leggate in a research note via Barron’s.. Disclaimer: This content is intended for informational purposes. The point of this post was to highlight the fact that TRCH has more value in their oil and gas assets than what we can see on the 10-Q. I don't think that's likely for the reasons I … Annual stock financials by MarketWatch. Low. Industry average. The company was founded on October 30, 2007 and is headquartered in Plano, TX. Ex-Dividend  N/A. Industry. Dividends are common dividends paid per share, reported as of the ex-dividend date. Get new stock ideas every day delivered to your inbox based on income, stock ratings, seasonal trends, best value, and more View Current "Buffett Stocks" I’m new at investing, but from where I stand, it does seem that a .10 dividend is on the very low/conservative end of the estimate and that the returns for getting in … Get the latest Detailed Estimate from Zacks Investment Research. Procter & Gamble is a stalwart among dividend stocks. Check the Financial Ratios of TRCH , Torchlight Energy Resources, Inc. stock P/E and P/B ratios both are used on a regular basis by the investor to measure the value of the company and to get the right amount of the share. Consensus estimate data Growth Rate (%) Company. .the log results indicated new potential oil and gas reservoirs in the Barnett and Woodford formations. TRCH: Torchlight Energy Resources, Inc. - Full Company Report. Important Dates for Investors in TRCH:-Torchlight Energy Resources Inc is set to release earnings on 6/4/2021. Washington, D.C. 20549 . 2021-05-03 11:43 ET - News Release. Torchlight Energy Resources, Inc. In general, profits from business operations can be allocated to retained earnings or paid to shareholders in the form of dividends or stock buybacks. Catalyst. The business had revenue of $167.40 million for the quarter, compared to analysts’ expectations of $149.97 million. High. META is one of the leading AR, VR, 5G, EV, Hologram, Radar and Energy Firm. Using this method I predict that TRCH is still bullish and will extend into the range of $8.11-9.24 . Provided by … The table shows you the number of analysts who submitted estimates, along the with high and low estimate from that group. As of now, TRCH has a P/S, P/E and P/B values of 97.38, 0 and 1.49 respectively. If value is 0, it means the company did not have earnings to cover the interest expense for that period. The average price target is $ 0.00 with a high estimate of $ 0.00 and a low estimate of $ 0.00 .