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TRCH 1.05 +0.00 (+0.00%)
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| Last Trade: | 1.05 |
| Trade Time: | 4:00pm |
| Change: | +0.00 |
| Perc Change: | +0.00% |
| Prev Close: | 1.05 |
| Open: | 1.02 |
| Ask: | 0.80 |
| Day's Range: | 0.98 - 1.08 |
| 52wk Range: | 0.66 - 1.96 |
| Volume: | 386639 |
| Avg Vol: | 276409 |
| Market Cap: | 63.22M |
| P/E (ttm): | N/A |
| PES (ttm): | -0.09 |
TRCH Stock News
About Torchlight Energy Resources Inc:
Torchlight Energy Resources Inc. is headquartered in Plano, Texas and is positioned as a junior oil and gas player with a primary spotlight on oil. Torchlight is focused on highly probable and profitable drilling and working interest programs that have a short window of payback, a high IRR, proven and bookable reserves, and are US based.
With a proven management team and tremendous access to pre-market deal flow, Torchlight Energy, will be poised for tremendous growth and consequently, tremendous public company multiples and valuation for our investors.
About John A. Brda:
John A. Brda
President, Chief Executive Officer, Secretary and Director
Mr. Brda has been our President and Secretary and a member of the Board of Director since January 2012. He was promoted to CEO in December of 2014 with the exit of our co-founder Tom Lapinski. Mr. Brda, who also co- founded the Company, has been the Managing Member of Brda & Company, LLC since 2002, which provides consulting services to public companies—with a focus in the oil and gas sector. Core competencies include capital formation, equity and debt financings, strategic business development and securities regulation matters. With over 20 years of investment banking experience, including 5 years as a fund manager, prior to becoming a consultant, Mr. Brda has the knowledge and experience to execute and ensure success for his client companies. Over that time period, Mr. Brda, either originated, invested in, or placed over $70 million in financings. He graduated college in 1988 with a B.S. in Finance from Southern Illinois University, Carbondale, IL.
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