Wednesday, May 6, 2020
Torchlight Energy Resouces Inc. (TRCH)
Coverage Dropped
Torchlight Energy Resources Inc acquires, explores, exploits, and develops oil and natural gas properties in the United States. The company has an interest in four oil and gas projects: the Orogrande Project in Hudspeth County, Texas; the Hazel Project in Sterling, Tom Green, and Irion Counties, Texas; the Winkler Project in Winkler County, Texas; and the Hunton wells in partnership with Husky Ventures in central Oklahoma.
Michael Heim, CFA, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
We are dropping coverage of Torchlight Energy to devote resources to other areas. Past recommendations or estimates should not be viewed as reliable.
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This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst
certification and important disclosures included in the full report.
NOTE: investment decisions should not be based upon the content of
this research summary. Proper due diligence is required before
making any investment decision.