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TRCH

Torchlight Energy Resources

$0.97

-0.0251 (-2.52%)

07:34
02/08/19
02/08
07:34
02/08/19
07:34

Torchlight Energy Resources announces board changes, will have five directors

Torchlight Energy Resources announced the addition of an independent member to its board, Robert Cook. Additionally, David Newton will be stepping down from his position on Torchlight's board for personal reasons. With this change Torchlight will have five directors including three independent members. Robert Cook has more than 40 years of experience in the oil and gas industry where he held senior positions with Shell Oil as a Wells Engineer.

TRCH Torchlight Energy Resources
$0.97

-0.0251 (-2.52%)

06/18/18
ROTH
06/18/18
INITIATION
Target $1.75
ROTH
Buy
Torchlight Energy Resources initiated with a Buy at Roth Capital
Roth Capital analyst John White started Torchlight Energy Resources with a Buy rating and $1.75 price target. The company's rank exploration effort in the Orogrande Basin of West Texas, while posing "significant" exploration risk, offers "very significant" upside potential, White tells investors in a research note. He believes that recent results from science wells mitigate, in part, the exploration risk.
06/18/18
06/18/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. International Paper (IP) resumed a Hold at Deutsche Bank. 2. EVO Payments (EVOP) was initiated with an Overweight at JPMorgan, an Outperform at William Blair, a Buy at SunTrust, a Market Perform at Cowen, a Hold at Deutsche Bank, as well as a Neutral at Goldman Sachs and Citi. 3. Torchlight Energy Resources (TRCH) initiated with a Buy at Roth Capital. 4. GreenSky (GSKY) initiated with a Buy at Goldman Sachs, Guggenheim and SunTrust, an Overweight at JPMorgan and Morgan Stanley, an Outperform at Credit Suisse, a Neutral at BofA/Merrill, and a Hold at Sandler O'Neill. 5. Catasys (CATS) initiated with a Buy at Canaccord. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
10/24/18
NBLE
10/24/18
INITIATION
NBLE
Outperform
Torchlight Energy Resources initiated with an Outperform at Noble Financial

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BHVN

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UTX

United Technologies

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LMT

Lockheed Martin

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ARES

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HAFC

Hanmi Financial

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PAYS

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MEOH

Methanex

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SHIP

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SONM

Sonim

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0.24 (1.82%)

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KINS

Kingstone Companies

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BA

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, MSFT

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VIX

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$NSD

NASDAQ Market Internals

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BCBP

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CNXM

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TELL

Tellurian

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ROKU

Roku

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