Inactive Instrument

Torchlight Energy Resources

Equities

TRCH

US89102U1034

Oil & Gas Exploration and Production

Torchlight Energy Resources : shares surge 74% in latest meme stock rally

June 21, 2021 at 10:06 am EDT

June 21 (Reuters) - Shares of Torchlight Energy Inc rose as much as 73.5% to a record high of $10.88 in morning trade, the latest in a meme stock rally.

The stock was the most heavily traded on the Nasdaq and among the top trending names on StockTwits, a platform commonly seen as a measure of interest from small time investors. (Reporting by Arathy S Nair and Aaron Saldanha in Bengaluru; Editing by Anil D'Silva)

Latest news about Torchlight Energy Resources

Shares of Meta Material, formerly Torchlight, reverse to trade down 20%	21-06-28	RE
Sector Update: Energy Stocks Decline Premarket Monday	21-06-28	MT
Metamaterial Inc. completed the acquisition of Torchlight Energy Resources, Inc. from Tom Welch and others in a reverse merger transaction.	21-06-27	CI
Torchlight Energy Resources : Expects Metamaterial Deal to Take Effect June 28, Issues Special Dividend, Conducts 1-for-2 Reverse Stock Split	21-06-25	MT
Meta Materials Inc.(NasdaqCM:TRCH) dropped from NASDAQ Composite Index	21-06-25	CI
Insider Trends: Insider at Torchlight Energy Resources Converts Options in Mist of 90-Day Buying Trend	21-06-23	MT
Torchlight Energy Resources : Slumps on Second Day Following Monday's Surge	21-06-23	MT
Alfi : shares tumble from record, 'meme stock' Torchlight also sinks	21-06-23	RE
Torchlight Energy Resources : Alfi shares tumble from record, 'meme stock' Torchlight also sinks	21-06-23	RE
Nikola : Nasdaq hovers near record levels as factory activity scales new peak	21-06-23	RE
Today on Wall Street: We shall not be ruled by inflation fears	21-06-23
Alfi : shares more than double, other 'meme stocks' mixed	21-06-22	RE
GameStop raises $1.1 billion in latest share offer	21-06-22	RE
Insider Trends: Insider at Torchlight Energy Resources Converts Options Amid 90-Day Selling Trend	21-06-21	MT
Torchlight Energy Resources : upsizes stock sale by $150 million on retail trading boost	21-06-21	RE
Sector Update: Energy Stocks, Propelled by Crude Oil Gains, Riding Monday Surge	21-06-21	MT
Sector Update: Energy Stocks, Crude Oil Surging Monday	21-06-21	MT
Sector Update: Energy	21-06-21	MT
Torchlight Energy Resources : shares surge 74% in latest meme stock rally	21-06-21	RE
Sector Update: Energy Stocks Tumble Thursday Amid Declines in Crude Oil	21-06-17	MT
Sector Update: Energy	21-06-17	MT
Torchlight Energy Resources : Files for $100 Million At-the-Market Offering of Common Shares; Shares Down 16%	21-06-17	MT
Sector Update: Energy Stocks Carried Higher as WTI Crude Oil Settles Above $72 Per Barrel	21-06-15	MT
Sector Update: Energy	21-06-15	MT
Torchlight Energy Resources : Shares Soar After Special Dividend Announcement	21-06-15	MT

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Company Profile

Torchlight Energy Resources, Inc. (Torchlight) is an energy company. The Company is engaged in the acquisition, exploration, exploitation and/or development of oil and natural gas properties in the United States. The Company is primarily focused on the acquisition of early stage projects, the development and delineation of these projects, and then the monetization of those assets once these activities are completed. Torchlight has interests 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 in Central Oklahoma. The Company operates its business through its subsidiaries, including Torchlight Energy, Inc., Torchlight Energy Operating, LLC, Hudspeth Oil Corporation, Torchlight Hazel, LLC and Warwink Properties, LLC.

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Oil & Gas Exploration and Production

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